The Future of Green Payments with George Maddaloni of Mastercard

In this episode of CXO Bytes, George Maddaloni, CTO of Operations at Mastercard, joins Sanjay Podder to discuss how Mastercard is driving innovation in sustainable technology through green software practices. George shares insights on the company's approach to reducing energy consumption in software development, the role of AI and data in enhancing sustainability, and the importance of fostering a culture of green software from the top down. He also highlights Mastercard’s collaboration with the Green Software Foundation and how the organization is helping to shape their ESG goals. From edge computing to responsible AI, George provides a comprehensive look at how Mastercard is balancing technological advancement with environmental responsibility.
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Resources:

• Quantum cyber threats are likely years away. Why — and how — we're working today to stop them | Mastercard
• Events | Mastercard

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TRANSCRIPT BELOW:
Sanjay Podder: Hello and welcome to CXOBytes, a podcast brought to you by the Green Software Foundation and dedicated to supporting Chiefs of Information, Technology, Sustainability, and AI as they aim to shape a sustainable future through green software. We will uncover the strategies and a big green move that's helped drive results for business and for the planet.
I am your host, Sanjay Poddar.
Hello. Welcome to another episode of CXOBytes where we try to get into the world of sustainable software development from the perspective of the C-Suite. Today, I am extremely delighted to have a special guest, George Maddaloni. George is the CTO of Operations at Mastercard.
I would like to talk to George today more about how Mastercard, a leading payment giant, is navigating the intersection of technology and sustainability. Also, Mastercard has been a member of the Green Software Foundation. So what has been the role of the foundation to help shape Mastercard's approach to sustainable technology? And finally, also talk a little bit about the future of sustainable technology the context of financial services. George, welcome to the podcast.
George Maddaloni: Thanks for having me. Really appreciate it and looking forward to it.
Sanjay Podder: Absolutely. And I'm so delighted about the contribution George is having in the field of sustainable technology.
It's very rare to find a CIO who is so passionate about this topic. So this is going to be a great conversation. Before we dive further, I would like to give a reminder that all the things we discuss will be available and linked to the show note below the episode.
So George,
why don't we start with a few words from you about Mastercard and about yourself.
George Maddaloni: Yeah, sure. So, George Maddaloni, CTO of operations for Mastercard. And maybe I'll start with some things that probably most people know about Mastercard and then lead into a little bit that, from a technology perspective, you don't.
Mastercard connects billions of individuals and businesses to the digital economy and makes them an equal part of, or an inclusive part of that economy and really views its mission as enabling, empowering people as well as powering economies so that anybody that's out there, whether they're paying their bills, buying their groceries, they have that capability. And from a technology perspective,
that means a lot in terms of what Mastercard does on a day to day basis. Every product we of...