MasterCard and World Vision to Address Key Issues Facing Humanitarian Sector
April 04 2016 - 6:00AM
Business Wire
Multi-layered Partnership Focuses on Aid
Delivery, Industry Research, Fundraising and Advocacy to Reach More
People in Need
MasterCard and World Vision today signed a multi-layered
partnership agreement in which MasterCard will apply its expertise,
products and services in support of World Vision’s efforts to
tackle key challenges impacting the humanitarian sector.
International humanitarian aid assistance continues to grow,
reaching an all-time high last year. Yet, at a time of
unprecedented humanitarian crises, it is insufficient in meeting
the needs of the millions of people affected by poverty, political
turmoil and natural disasters every year.
“Effectiveness and sustainability are two of the most pressing
issues facing humanitarian organizations,” said Ann Cairns,
president, International Markets, MasterCard. “We’re increasingly
using our core expertise to create innovative solutions with NGOs
like World Vision that address these pain points and better support
those affected by poverty and emergencies around the world. We
believe this partnership can serve as a blueprint for private and
non-profit organizations working together to create mutually
beneficial and sustainable solutions for some of the world’s most
challenging issues.”
“Responding to disasters and meeting humanitarian needs is a
shared responsibility,” says Kevin Jenkins, president, World Vision
International. “World Vision values partnerships like this that aim
to move the relationship between NGOs and private enterprises from
transactional to transformational. We want to harness each other’s
experience, skills and technology to reach more people in more
effective innovative and efficient ways.”
Through the partnership, MasterCard and World Vision are
improving humanitarian aid delivery via digital identity and
electronic payment technology, including World Vision’s Last Mile
Mobile Solutions (LMMS) and the MasterCard Aid Network. MasterCard
partnered with World Vision to test both systems in the Philippines
to help micro-entrepreneurs rebuild businesses after Typhoon
Haiyan. World Vision also began using LMMS and MasterCard Aid
Network in Nepal, following last year’s earthquake, to deliver a
wide range of services, food assistance and equipment.
Going forward, MasterCard and World Vision also plan to partner
on fundraising and advocacy opportunities, as well as joint
industry research and consulting on topics ranging from digital
identity to financial education for beneficiaries to data
management and protection.
About MasterCard
MasterCard (NYSE:MA),
http://www.mastercard.com, is a technology company in the
global payments industry. We operate the world’s fastest
payments processing network, connecting consumers, financial
institutions, merchants, governments and businesses in more than
210 countries and territories. MasterCard products and solutions
make everyday commerce activities – such as shopping, traveling,
running a business and managing finances – easier, more secure and
more efficient for everyone. Follow us on
Twitter @MasterCardNews, join the
discussion on the Beyond the Transaction
Blog and subscribe for the latest news on
the Engagement Bureau.
About World Vision
World Vision International, wvi.org/disaster-management, is a
Christian relief, advocacy and development organisation dedicated
to working with children, families and communities worldwide to
reach their full potential by tackling the causes of poverty and
injustice. World Vision International is dedicated to working with
the world’s most vulnerable people. World Vision International
serves all people regardless of religion, race, ethnicity or
gender. World Vision is currently responding to more than 20
humanitarian crises, in over 35 countries, assisting more than nine
million people. Follow us on Twitter @wv_humanitarian.
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For further enquiries and interview requests please
contact:MasterCardMarisa Grimes, +1-914-325-8367 (New
York)marisa.grimes@mastercard.comorWorld Vision
InternationalTanya Penny, +971 50 550 5803
(Dubai)tanya_penny@wvi.org
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