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April 29, 2021 You wouldn’t always know it, listening to the top executives at Visa and Mastercard, but these two rival networks are still chiefly card networks. Thursday morning, Mastercard Inc. laid out for equity analysts an update on what it has called its “multirail strategy,” major moves into account-to-account money transfers, real-time payments, open banking, and cryptocurrency processing. The strategy has paid off during the pandemic, the company said, as pressure built on payments companies to get government relief funds into the hands of hard-pressed citizens, a move that often required access to their accounts. “We have to have the best solution available beyond cards,” chief executive Michael Miebach said Thursday while discussing first-quarter results. ....