Mastercard has confirmed 16 ‘cities’, or rather urban centres, as founding members of its City Possible programme, convened to foster public-private collaboration in the smart cities space.
The ‘cities’, varying in profile, joining the City Possible initiative are: Athens, Aurora (Illinois), Baltimore, Dubai, Dublin,...
Mastercard and Microsoft are to pool their payment, data analytics and cloud technologies to create a smart city “exchange” to help mayors, policy makers and urban planners tackle urban challenges such as traffic congestion and economic development.
The alliance will allow cities to use economic...