Mastercard's Froman on New B2B Platform, Nafta and Trade Tensions

The video discusses MasterCard's strategic move into the B2B market, highlighting a $121 trillion opportunity. It addresses the challenges of transitioning from cash to digital payments, especially in developing countries. MasterCard's initiatives, like the acquisition of VocaLink and the launch of Track, aim to streamline international trade and support small businesses. The video also covers global trade tensions, focusing on US negotiations with NAFTA and China, and the importance of reducing trade frictions.

What is the estimated value of the business market opportunity that MasterCard is targeting?

• $300 trillion

• $50 trillion

• $121 trillion

• $200 trillion

Which company did MasterCard acquire to enhance its B2B capabilities?

• VocaLink

• Stripe

• PayPal

• Square

What is the primary goal of MasterCard's initiative in Singapore?

• To increase cash transactions

• To expand into retail markets

• To reduce trade frictions and improve customs processing

• To launch a new credit card

How does MasterCard's platform help businesses in terms of supply chain management?

• Increases onboarding time

• Reduces onboarding time and costs

• Eliminates the need for supply chains

• Focuses only on large enterprises

What is a significant challenge for the US in its trade negotiations with China?

• Reducing the trade deficit

• Increasing tariffs

• Changing China's industrial policy

• Improving diplomatic relations

Who is expected to play an active role in US trade negotiations?

• The President

• The Vice President

• Ambassador Light Heiser

• The Secretary of Defense

What is the concern regarding a bilateral trade deal only with Mexico?

• It would increase tariffs

• It would exclude Canada

• It might not be approved by Congress

• It would be too costly