Mastercard and National Bank of Ukraine Strengthen Cooperation in Cybersecurity

Mastercard, a global technology company in the payments industry, and the National Bank of Ukraine have agreed to work together to strengthen the cyber resilience of Ukraine’s financial sector. These arrangements are outlined in the Memorandum of Understanding between the NBU and Mastercard. Sergiy Nikolaychuk, NBU First Deputy Governor, Oleksii Shaban, NBU Deputy Governor, Ailish Campbell, Executive Vice President, Public Sector, Mastercard, and Inga Andreieva, Country Manager for Ukraine & Moldova, Mastercard, have held a meeting to discuss the key areas of cooperation in this field.

“The financial sector’s cyber ​​resilience is an important element of ensuring financial stability and the continuity of financial services. Efforts to deepen cooperation with an international partner such as Mastercard will amplify the Ukrainian financial institutions’ capacity to counter current cyber threats and take financial infrastructure protection to a new level,” said Oleksii Shaban, NBU Deputy Governor.

Coordination of efforts between the NBU and Mastercard in frames of the Memorandum of Understanding will help strengthen the cyber resilience of Ukraine’s financial ecosystem, implement international cyber protection standards effectively, develop innovations, and digitalize financial services further.

“For many years Mastercard has been a trusted partner to governments around the world, and for the past 30 years the company has consistently supported the development of digital economy in Ukraine. We focus on solutions that keep digital ecosystems safe, secure and resilient for both businesses and citizens. The signing of the memorandum with the National Bank continues our comprehensive digital country partnership with the Government of Ukraine and marks an important step toward strengthening the cybersecurity of the financial ecosystem. We are grateful to the National Bank for our joint efforts to enhance cyber defense and increase the resilience of the financial sector,” said Ailish Campbell, Executive Vice President, Public Sector, Mastercard.

This area of collaboration between the NBU and Mastercard is primarily intended to:

• develop joint initiatives to promote best practices in cybersecurity in the Ukrainian financial sector;
• exchange data on and analytical insights into modern cyber threats in order to improve the assessment of risks and the planning and implementation of projects aimed at strengthening the cybersecurity of financial services;
• improve cybersecurity competencies, such as preventing cyber threats, responding to cyber incidents, and implementing safe digital practices.а

In November 2025, Mastercard and the Government of Ukraine signed a Memorandum of Understanding to launch the Digital Country Partnership in Ukraine. This initiative aims to accelerate the country's digital agenda by leveraging Mastercard's expertise in payments innovation, digital infrastructure, and cybersecurity solutions.