Welcome to our dedicated page for CoreCard Corporation news (Ticker: CCRD), a resource for investors and traders seeking the latest updates and insights on CoreCard Corporation stock.
CoreCard Corporation (NYSE: CCRD) is a pioneering provider of comprehensive card management systems and specialized processing services, tailored to meet the dynamic needs of the global financial services industry. Headquartered in Norcross, Georgia, CoreCard offers an extensive array of account management solutions, supporting a wide range of card products including prepaid, stored-value, fleet, credit, debit, commercial, government, healthcare, and private-label cards.
CoreCard's robust software suite encompasses a variety of modules such as CoreENGINE, CoreISSUE, CoreFRAUD, CoreCOLLECT, CoreAPP, CoreMONEY, and CoreACQUIRE. These solutions cater to program managers, accounts receivable businesses, financial institutions, retailers, and processors, enabling them to manage credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and loan transactions efficiently.
The company licenses its software solutions to both issuers and acquirers, offering them the flexibility to either integrate the technology in-house or utilize CoreCard for processing services until they are ready. CoreCard’s modular, feature-rich platform ensures seamless real-time transaction processing and account management, making it a trusted partner for some of the world's largest companies and financial institutions.
Recently, CoreCard announced a strategic partnership with Banc of California, aiming to enhance the bank's commercial card products with CoreCard’s state-of-the-art technology platform. This collaboration underscores CoreCard's commitment to delivering innovative solutions that empower financial institutions to meet evolving business demands and achieve unparalleled value.
Despite a year-over-year decrease in total revenue for the fiscal year 2023, CoreCard achieved a 10% increase in processing and maintenance revenue, showcasing resilience and adaptability in a challenging economic environment. The company continues to focus on technological innovation and sustainable growth, ensuring long-term value for its stakeholders.
CoreCard’s customers span across the United States, European Union, and the Middle East, with a substantial portion of its revenue derived from the U.S. market. The company's unwavering dedication to advancing the future of global transactions through reliable, real-time processing platforms has solidified its position as a leader in the fintech industry.
CoreCard Corporation (NYSE: CCRD) announced an upcoming investor conference call on May 4, 2023, at 11:00 A.M. Eastern Time to discuss its earnings for the quarter ending March 31, 2023. The financial results will be released before the market opens on the same day. Investors can access the call via a webcast or by calling 1-877-407-0890. The call will include a Q&A session, and participants can send questions in advance to questions@corecard.com. A transcript will be available on the company’s website afterward. CoreCard is recognized for its innovative card issuing solutions and technology in the financial services sector, aiming for sustainable growth through a robust platform.
FAQ
What is the current stock price of CoreCard Corporation (CCRD)?
What is the market cap of CoreCard Corporation (CCRD)?
What does CoreCard Corporation specialize in?
What types of card products does CoreCard support?
What is CoreCard's software suite comprised of?
Who are CoreCard's main customers?
What recent partnership has CoreCard announced?
How did CoreCard's revenue perform in 2023?
What regions does CoreCard serve?
What are CoreCard's core values?
Can CoreCard's solutions be integrated in-house?
How can I contact CoreCard for more information?
