MasterCard is holding a global hackathon series that it is calling "Masters of Code." The company has fourteen different events scheduled in eleven different countries. The top prize winner will receive $100,000 and will be admitted into MasterCard’s Start Path accelerator. Smaller prizes will be given to runners up.
"We are looking at what will be the next generation of commerce applications," said Brian Collins, chief marketing officer at MasterCard. "That new generation can come from anywhere in the world."