The Role of a Data Scientist at MasterCard

Data Science Lecture Series


November 13, 2015
1:00pm to 2:30pm
190 Doe Library
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When you hear MasterCard, you may think of the company as strictly a payments company.

We’re actually so much more than that—we’re a technology company in the global payments industry. We operate the world’s fastest payment-processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Our products and solutions make everyday activities—such as shopping, traveling, running a business, and managing finances—easier, more secure, and more efficient for everyone.

And data—managing it, interpreting it, and figuring out how to transform it into insights that support our participating financial institutions and merchants—is a fundamental part of what we do each day.

Meet Wally Lo Faro, PhD and data scientist for MasterCard, as he covers how MasterCard places its data scientists throughout the company, what processes and tools they use, and how this is making a difference to the marketplace.


Wally Lo Faro

Principal Data Scientist, MasterCard Operations and Technology

Wally Lo Faro is principal data scientist for MasterCard Operations and Technology. His responsibilities include architecting data science and analytics environments and applying data scientific principles to extract information from large volumes of data for process improvement, data quality, and product development. Wally has been with MasterCard for nine years in a variety of roles.

Prior to joining MasterCard, Wally was a professor of mathematics at the University of Wisconsin, Stevens Point, and Boise State University. He received his PhD in pure mathematics in 1998 from the University of Iowa with a specialization in the topology of three-dimensional manifolds. He earned a BA in mathematics from the University of Missouri in 1990.