ARC’s Director of Payments Jennifer Watkins and Mastercard’s Michael McNamara discuss current trends in consumer travel spending in the latest episode of ARC’s TravelConnect Virtual Series.
Early in his 20-year career at Mastercard, McNamara was instrumental in creating Mastercard SpendingPulse™, an analytics platform that takes aggregate consumer data and builds a better way to monitor and forecast consumer spending, particularly in travel.
Today, he tracks this spending and how it’s impacted by global events like the COVID-19 pandemic and weather patterns to provide Mastercard customers with insight into spending patterns. In this episode, he provides a detailed look at airline and lodging sales and talks about how Mastercard unlocks use cases for their data across different customer groups.