Mastercard Inc. (NYSE:MA) launched a mobile virtual card application to enhance contactless payments, featuring advanced security and digital innovations. The app supports cards from multiple issuers and is first adopted by HSBC Australia and Westpac for their corporate customers. Analyst David Koning from Baird maintained an Outperform rating on Mastercard, raising the price target from $525 to $545, citing expected revenue and EPS above consensus for the first quarter. Koning predicts revenues of $6.44 billion and EPS of $3.31-3.33, attributing growth to stable transaction processing and underestimated cross-border revenues.