Theodore Iacobuzio
Vice President, Global Insights
Theodore Iacobuzio is vice president in charge of Global Insights, MasterCard’s interdisciplinary thought leadership organization. He and his team use research and analysis to better understand consumer behavior and market dynamics—and how those insights can strengthen the business performance of MasterCard customers around the world. Under his direction, MasterCard has published groundbreaking work on payments profitability, the myth of debit “cannibalization,” global debit point-of-sale migration, remittances in Asia/Pacific and the Middle East, and affluent segmentation in Brazil.
Prior to joining MasterCard in 2009, Mr. Iacobuzio led the Payments Practice at TowerGroup. Based in Purchase, N.Y., he can be reached at ted_iacobuzio@mastercard.com.
Interesting time at the American Bankers Association Community Bankers Conference: the presenters are all talking about innovation, while the attendees are all talking about regulation, and not in a good way. That’s a bit of an exaggeration, because the ABA has done a very good job of including regulatory sessions of some substance among other
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Ted Iacobuzio discussed U.S. consumer behavior with Tarice Gray of the Westchester County Business Journal. Excerpt from the article: “The past year in consumer behavior has looked a lot like it did in 2011, according to Theodore Iacobuzio, vice president of global insights at MasterCard. Consumers are optimizing spending, and not just by cutting back
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See, it’s not just us. Barron’s, much more of the tip sheet than its statesmanlike cousin, The Wall Street Journal, points to some pretty compelling McKinsey & Co. data to make its case that, yes, cash is increasingly on the way out, and there’s an infrastructure in place on the rails of which such a
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Quote of the week: “We deeply believe that surprises are bad,” said Sam Lessin, Facebook’s director of product development. “When users are surprised, no one wins.”
If consumers have decided that “Cyber Monday” is little more than a starting pistol for online Christmas shopping—your agent concluded in a recent blog post that it was time to retire the “Cyber Monday” wheeze – then merchants can’t be far behind. Amazon now says Cyber Monday lasts seven days. “Cyber Monday Deals Week”? OK,
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The great essayist Joseph Epstein, casting a backward glance, once wrote that in his Chicago home growing up in the forties and fifties, every day was what you might want to call Father’s Day. So enough about Cyber Monday, ok? The strength of the numbers coming back from “the traditional start of the e-commerce holiday
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Are all those crowds on the news enjoying (and misbehaving on) Black Friday dancing on the edge of a volcano, or, rather, a cliff? Not that there’s anything to complain about in the numbers coming back from Black Friday; though, as MasterCard’s Michael McNamara points out, the hype around “Cyber Monday” as a date is
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