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Mastercard Collaborates with Eastern Bank to Launch Its First Biometric Metal Credit Card in Bangladesh

Mastercard Incorporated (NYSE:MA) is one of the 12 Best Stocks to Invest in for Good Returns. On July 7, Mastercard Incorporated (NYSE:MA) announced its collaboration with Eastern Bank PLC to launch its first biometric metal credit card in Bangladesh.

Mastercard Incorporated is introducing this innovative card under the ultra-premium World Elite Mastercard portfolio that combines cutting-edge biometric authentication. The card comes with a sophisticated metal design, providing both top-notch security and a premium user experience. The metal card is co-powered by IDEX Biometrics, Kona I, and Infineon Technologies.

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“Mastercard is delighted to collaborate with Eastern Bank PLC to launch its first biometric metal card in Bangladesh. This groundbreaking innovation reaffirms Mastercard’s leadership in redefining the future of payments—where cutting-edge security meets seamless convenience. By embedding fingerprint authentication into a sleek metal card, Mastercard has set a new benchmark for premium cardholders who demand both sophistication and safety,” said Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard.

The new card will allow Mastercard cardholders to make purchases in-store without any need for PINs or signatures and effortlessly authenticate using just their fingerprint. In this way, the user can also safeguard sensitive financial data, setting a new benchmark for secure and premium payment experiences.

Mastercard Incorporated (NYSE:MA) is an international technology company in the global payments industry. The company connects consumers, merchants, governments, businesses, and many other institutions.

While we acknowledge the potential of MA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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