Bernstein highlights cybersecurity growth potential for Mastercard, Visa

Visa: Visa is a global payments technology company that facilitates electronic funds transfers and provides related services to consumers, merchants, financial institutions, and governments. It has expanded into value-added services such as cybersecurity, authentication, and tokenization to support secure digital transactions. Bernstein identifies these capabilities as central to sustaining growth in Visa's value-added services. Mastercard: Mastercard is a multinational financial services corporation that operates a global payments network and delivers technology solutions for secure transactions. It offers services in cybersecurity, authentication, tokens, and dispute resolution as part of its value-added offerings. The Bernstein report highlights cybersecurity and tokens as areas that could sustain or accelerate Mastercard's value-added services growth. Agentic Commerce Risks: Visa and Mastercard are rolling out specialized tools to address security and trust challenges in AI agent-driven payments and transactions. Cybersecurity Investments: Payment networks are actively pursuing acquisitions and partnerships to strengthen fraud prevention and authentication amid rising AI-enabled threats. Value-Added Services Focus: Analysts emphasize cybersecurity and related offerings as increasingly important differentiators for growth beyond core transaction processing.