Highlights Mastercard CEO Michael Miebach said hard data from its own Economics Institute shows a 1.4% increase in consumer spending in  March, across its network and the broader economy. Miebach refuted reports that Visa might be taking over from Mastercard as Apple Pay’s processor. Mastercard is using generative AI to deploy "agentic commerce," where AI agents can do things like make – and book – travel plans. Mastercard CEO Michael Miebach said the payments giant is not seeing consumer spendi ...