Mastercard signs partnership agreement with Banco Bradesco

At the Citi Fintech Conference, Mastercard (MA) president of the Americas Linda Pistecchia Kirkpatrick said that the company has signed an agreement with Banco Bradesco (BBD). Kirkpatrick said the company is “thrilled” about the partnership, and that she was “so impressed with the vibrancy” of the Brazil market in a recent visit. “(With) 20M people in Sao Paolo alone, the opportunity to convert cash and check is still quite robust,” she said. “You saw in our fourth quarter numbers, Latin America grew by 22% in gross dollar volume and the runway is quite long there.”