In prepared remarks during the conference call, Mastercard CEO Ajay Banga announced a number of new deals the company had won. Westpac Banking ( WBK ) is one of Australia's "big four" banks. Mastercard will not only keep its debit card business with the bank, but will now be the sole issuer of Westpac's consumer and business credit cards. Mastercard also signed a long-term deal with Credit Agricole, France's largest bank, to issue its consumer and commercial credit cards.