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Mastercard earnings get a boost from travel spending, and CFO says the rebound still has legs

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Mastercard Inc. topped profit and revenue expectations for its latest quarter, with its chief executive calling out “resilient consumer spending.”

Gross dollar volume was up 15% in the first quarter, while cross-border volume grew 35%. Mastercard MA saw a 12% rise in switched transactions.

Shares of Mastercard were up 1% in Thursday afternoon…

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