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Euronet Wins Mastercard Excellence in Agility Award for Rapid, Bank-Grade Credit Issuance
Globenewswire· 2025-12-18 14:00
Core Insights - Euronet has been awarded Mastercard's Excellence in Agility award for credit issuance, highlighting the impact of its acquisition of CoreCard which has enhanced its issuing capabilities and accelerated the deployment of Mastercard credit programs [1][2] Company Achievements - The Mastercard Engage Excellence Awards recognize organizations that demonstrate exceptional speed, creativity, and impact in the payments industry, underscoring Euronet's competitive edge [2] - Euronet's issuing platform allows financial institutions to modernize credit portfolios without lengthy transformation projects, supporting a variety of credit products on a single architecture [3][4] Operational Efficiency - The unified approach of Euronet's platform enables faster transition from project initiation to production while ensuring compliance and operational rigor expected by banks and FinTechs [4] - Euronet's agility extends beyond initial implementation, allowing for rapid integration of new features and adaptations to market needs post-launch [5][6] Product Launches - Euronet successfully brought a commercial credit program with specialized loyalty and rewards capabilities to market in approximately two months, a significantly shorter timeline compared to traditional environments [7] - Additional Mastercard-powered programs launched during the same period include secured revolving credit, BNPL-enabled credit, consumer and commercial credit, and advanced loyalty models such as crypto rewards [7] Global Presence - Euronet operates a vast global payments network with 57,534 ATMs, approximately 592,000 EFT point-of-sale terminals, and a money transfer network serving 199 countries and territories [8]