Before joining the team, specifically between 2009 and 2012, Mastercard made a series of acquisitions aimed at accelerating innovation in all areas of the company. As a technology company in the global payments business, we use technology, our experience and data-based knowledge to make electronic payments more convenient, secure and efficient for people around the world.
The digital revolution has brought important advances in this field, and Mastercard in particular has been a leading player in the implementation of technologies such as biometrics for payment authentication.
For several years now, we have also been working on the uk phone number data convergence of payments through the development of Artificial Intelligence, to make it possible for any device connected to the Internet to be a convenient, simple and, above all, secure means of payment. In this regard, wearables will make us forget about cumbersome coins and credit cards, because everything points to 62% of wearables being able to make payments by 2020.
In addition, we have been working for many years on financial inclusion projects that use technology to break down barriers and offer unlimited potential for economic growth, productivity and efficiency, which has already brought great benefit to millions of people around the world.
We believe that innovation can be used as a strategic and technological lever to develop responsible business management processes and global industry ecosystems, and will ensure that people develop confidence, self-esteem and the ability to propose creative ideas. In this sense, innovation can also be seen as a tool for change, business transformation, management, profitability and overall sustainability.