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- 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.
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