MasterCard Using Data To Build Smarter Cities |

The new tool will examine the relationship between the things people buy and how they travel, which MasterCard said will help urban planners and commercial developers to gain more insight into growth strategies and improve the quality of life in cities around the globe.

The company announced Tuesday (Sept. 15) it is partnering with Cubic Transportation Systems, a business unit of Cubic, to launch the Urbanomics Mobility Project, a platform aimed at developing smarter and more inclusive cities with the help of data analysis.