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Euronet And CoreCard Announce Merger Agreement

Euronet, a global leader in payments processing and cross-border transactions, and CoreCard Corporation (NYSE: CCRD), a leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced they have entered into a definitive agreement for Euronet to acquire CoreCard in a stock-for-stock merger transaction that values CoreCard at approximately $248 million, or $30 per share of CoreCard common stock. The exchange ratioContinue reading “Euronet And CoreCard Announce Merger Agreement”

Euronet expands product suite with $248m CoreCard acquisition

Global payments services company Euronet has entered a definitive agreement to acquire CoreCard Corporation, a US-based credit technology solutions provider. The acquisition values CoreCard at approximately $248 million, or $30 per CoreCard share.  The deal is structured as a stock-for-stock merger transaction with an exchange ratio between 0.2783 and 0.3142 shares of Euronet common stockContinue reading “Euronet expands product suite with $248m CoreCard acquisition”

How the frontend interface between customers and their cards is changing

The way we pay is changing even as you read this. The card platforms that were built on proprietary, monolithic infrastructure are now using open-source technologies and payments-as-a-service to provide a personalized experience to card users. Platforms have become more flexible and modular. Advanced technologies such as blockchain and AI bring much-needed innovation and securityContinue reading “How the frontend interface between customers and their cards is changing”