Digital Transactions Authoritative, insightful and timely information for payments professionals
- CPI Card Group Inc. posted improved fourth quarter and full year 2025 results with $153.1 million in fourth quarter revenue, up 22.4% from $125.1 million in the year prior quarter. Its net income for the quarter of $7.4 million was an 8.8% increase from $6.8 million a year earlier. For the year, CPI said it had $543.5 million in revenue, up 13.1% from $480.6 million in 2024. Its annual net income, however, dipped to $15 million from $19.5% million in 2024, a 23.1% decrease. CPI attributed much of the 2025 revenue increase to Arroweye, an on-demand payment card firm it acquired in May, contactless card sales, and its instant issuance products.
- Mastercard Inc. launched Verifiable Intent, an open standard trust layer for agentic commerce. It was co-developed with Google. Verifiable Intent creates what Mastercard calls a “tamper-resistant record of what a user authorized when an AI agent acts on their behalf, establishing a shared source of truth across the ecosystem.”
- Payments-orchestration platform Spreedly Inc. announced it has made agentic commerce available in its open-payments channel, a move it says will allow merchants to process agent-initiated transactions within their existing payments services.
- Buy now, pay later provider Splitit said it supports Google’s Universal Commerce Protocol, an open standard for agentic commerce.
- Fraud prevention specialist Fideo Intelligence released expanded capabilities of its dark web monitoring and threat intelligence services for financial institutions, fintechs, payment service providers, and merchants.
- Bank of America, Citibank, and JPMorgan Chase are among more than 50 banks worldwide that have agreed to support a new framework from the international payments platform Swift that is expected to enable faster and more affordable cross-border transactions.
- Arrive, a parking-payments provider, announced its intention to acquire Passport Labs Inc., a provider in the same industry. Terms, including an intended closing date, were not disclosed. Arrive was known as EasyPark Group until June last year.
- Wirex Ltd., an issuer of cards backed by cryptocurrency, announced its annualized stablecoin payments volume onchain has exceeded $850 million four months after the product’s launch.
- American Express Co. announced deals under which it will be named official payments partner for MetLife Stadium, the New York Jets, the New York Giants, Mercedes-Benz Stadium, the Atlanta Falcons, Atlanta United, and the newly awarded National Women’s Soccer League (NWSL) team, expected to begin play in 2028.
- Payments consultancy Glenbrook Partners said it has promoted Drew Edmond to Partner. Edmond joined the company in 2018, and before that held senior positions at Square and Etsy.
Related Articles
Check Also
1 Million Plus One: Klarna Adds EZContacts
Eyewear retailer EZContacts is the latest merchant to add Klarna AB’s buy now, pay later …