EdCast announced that it is collaborating with Mastercard to deliver resources to enable governments and enterprises to develop the workforce of the future and close skills gaps around the world. As part of this strategic partnership, EdCast will contribute its platforms and technology to Mastercard’s indevelopment portable benefits solutions to deliver a more inclusive and resilient economy where all segments of society prosper.

From information technology to financial services to job training, many remain disconnected from the vital networks and resources they need to thrive in today’s economy. This collaboration represents a new opportunity for private enterprises to deliver solutions and ensure that the benefits of an expanding economy extend to all segments of society.

“The changing nature of work and growing income disparity means we must look to new pathways for moving people to prosperity,” said Laura Mackenzie, Senior Vice President, Global Prepaid Solutions, Mastercard.

Mackenzie feels that education and job training are critical to social mobility, and it will prepare future generations for a new wave of jobs. 

Commenting on the partnership, Karl Mehta, EdCast’s CEO and Founder, said, “Upskilling and reskilling are the new must-have employee benefits of the digital age. By partnering with Mastercard, we will be able to pool our expertise to introduce meaningful solutions that help our changing workforce prosper.”

EdCast and Mastercard will work together to understand the pain points of employers and organizations with respect to workforce education and financial stability and determine tools and resources that address these needs and challenges in a way that traditional services have not.

Image source: Edcast.com