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Jesse McWaters

Jesse McWaters leads Mastercard’s global regulatory advocacy function, where he is responsible for directing the company’s regulatory standards engagement on a wide range of emerging regulatory and policy issues, including CBDCs, cross-border payments, crypto assets, digital ID and consumer protection. Prior to joining Mastercard, Mr. McWaters served as Financial Technology & Innovation Lead at the World Economic Forum and as a financial services strategy consultant at Deloitte, where he supported large-scale technology transformations and the roll-out of new business models for leading banks, insurers and wealth managers.

Designing regulations for the age of digital payments

While digital asset ecosystems continue to hold great promise, they often lack trust, governance and interoperability. This prevents them from enabling simple and secure digital commerce use cases for ordinary users. New regulatory standards can help them flourish by developing consistent expectations, clear frameworks and a shared global understanding.