Mastercard’s Bold Leap: Nili Klenoff on Redefining Commerce Media for a New Era

Mastercard Commerce Media Network

Mastercard launched its Commerce Media Network in October 2025 with a compelling pitch: 160 billion annual transactions, 500 million opted-in consumers, and card-linking technology that closes the loop between ad exposure and real purchase. EVP Nili Klenoff explains the vision, and what it means for brands when AI agents start doing the shopping.