Mastercard Is Going on a Hiring Spree in Crypto and Services Push

Mastercard Inc. said it will hire more than 500 young professionals this year as it expands its data and services unit, an effort that will include launching consulting practices focused on cryptocurrencies and open banking.

The payments giant will also develop a consulting practice focused on environmental, social and governance issues, Purchase, New York-based Mastercard said Tuesday in a statement. The data and services division currently has more than 2,000 data scientists, engineers and consultants.