Earlier this year Mastercard CEO Ajay Banga announced that Mastercard would open its latest global technology centre in Vancouver.
Located in the restored old Stock Exchange building, the new Intelligence and Cyber Centre was launched in partnership with the Government of Canada through its Strategic Innovation Fund, with an additional $510 million investment by Mastercard.
The new centre is projected to create and maintain a total of 380 jobs as well as 100 student co-op positions.
The new space in Vancouver will become one of six global technology centres for Mastercard and will accelerate innovation in digital and cyber security, artificial intelligence, and the Internet of Things.
Mastercard will be actively hiring for their Vancouver office a the Tech Talent Vancouver virtual job fair on October 21, 2020 along with companies like Thinkific, Trulioo, and Unbounce.
Mastercard is currently hiring DevOps Engineers, Software Development Engineers, and more in Vancouver.
“Ensuring payments are both convenient and secure has always been a top priority for Mastercard,” said Banga. “The Vancouver centre will help us meet the growing demand for technology solutions to reduce the cost of cyber-attacks, enable today’s connected devices to become tomorrow’s secure payment devices, and address the growing vulnerabilities associated with the Internet of Things.”
This expansion is the latest in a series of investments by Mastercard in Canada, reinforcing the company’s commitment to supporting Canadian innovation and technology talent. In 2017, Mastercard acquired Vancouver-based NuData Security.
The Vancouver office is currently home to the 100 employees from the NuData Security team with added members from Mastercard’s Research & Development, Operations & Technology, and Cyber & Intelligence divisions.
The investment will open roles for software engineers, data scientists, project managers, analysts, product designers and information security experts.
“As Canadians use connected devices more and more, including for sensitive financial services like banking, they want to know that their data and privacy are protected,” added Bains.
“Our government is investing in a new cybersecurity centre in Canada to develop the technology solutions Canadians and people all over the world need to protect their personal and financial information when they use their devices. This will make Canada a world leader in cybersecurity and help us tackle the cost of cybercrime in Canada—an estimated $3 billion a year.”