CoreCard Corporation (CCRD)

CoreCard Corporation, based in Norcross, Georgia, provided software and processing services to the financial technology and financial services sector. The company was founded in 1973 and operated for most of its history as Intelligent Systems Corporation, changing its name to CoreCard Corporation in December 2021 to reflect its focus on its core product. It served customers in the United States, the European Union and the Middle East.

Its main offering, also called CoreCard, is a processing platform and software suite used to manage credit, debit, prepaid, private-label, fleet and buy-now-pay-later card programs, as well as installment and revolving loans and other account-receivable products. The platform handles functions such as account setup and maintenance, recording advances and payments, assessing fees and interest, resolving disputes and chargebacks, managing collections, generating reports and settling transactions with financial institutions and card networks. Clients included program managers, financial institutions, retailers and processors.

Intelligent Systems had earlier operated a broader mix of businesses, including an industrial products unit, but over time it concentrated on the card processing platform and related professional services. The company maintained development and support operations outside the United States, including offices in Romania and India, alongside its Georgia headquarters. Its stock was listed on the NYSE under the ticker CCRD after the 2021 rename.

On July 30, 2025, CoreCard announced a definitive agreement to be acquired by Euronet Worldwide, Inc., a payments and money transfer company listed on Nasdaq under the ticker EEFT. Euronet's interest reflected its desire to expand its software and card issuing capabilities. CoreCard's board recommended the transaction to shareholders, who were asked to vote on the merger at a special meeting.

The merger was completed on October 30, 2025, through a merger of CoreCard with a wholly owned subsidiary of Euronet. Under the terms of the agreement, each outstanding share of CoreCard common stock converted into 0.3142 shares of Euronet common stock, with cash paid in lieu of fractional shares. CoreCard became a wholly owned subsidiary of Euronet.

CoreCard asked the NYSE to suspend trading in the stock after the close of trading on October 30, 2025, and to file a Form 25 with the Securities and Exchange Commission to remove the shares from listing and deregister them under Section 12(b). The company also planned to file a Form 15 to terminate its reporting obligations. Former CoreCard shareholders became holders of Euronet stock, which continues to trade on Nasdaq.