In The Vault: How AI is Powering Payments with Greg Ulrich

How does a company as massive as Mastercard decide where to deploy AI? Instead of centralizing every AI initiative, Mastercard operates under a “hub and spoke” model — balancing centralized AI leadership with decentralized innovation across business units. In this episode, a16z Partner Marc Andrusko chats with Mastercard’s Chief AI and Data Officer Greg Ulrich about Mastercard’s long history of using AI, the opportunities (and potential risks) associated with integrating generative AI into fraud detection, determining what tech to employ based on use cases, and the best advice he’s ever gotten. “In the Vault” is a podcast series by the a16z Fintech team, where we sit down with the most influential figures in financial services to explore key trends impacting the industry and the innovations that will shape our future. Resources: Find "In The Vault" on a16z.com: Find more about a16z's vision for the future of fintech: Find Marc Andrusko on X: Find Greg Ulrich on LinkedIn: Find a16z on X: Find a16z on LinkedIn:

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In The Vault: How AI is Powering Payments with Greg Ulrich is an episode from a16z Live by a16z.

This episode is 00:29:15 long.

This episode was published on Feb 4, 2025.

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