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CompoSecure Reports Strong 3Q25 Financial Results and Announces Business Combination with Husky Technologies
Globenewswire· 2025-11-03 10:00
Strong operating performance delivered double-digit growth on both the top and bottom lineRaising full year 2025 guidance and issuing full year 2026 guidanceAnnounces business combination with Husky Technologies, creating a $7.4 billion best-in-class, diversified compounder SOMERSET, N.J., Nov. 03, 2025 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NYSE: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its financial and operating results for the third quarter ended Se ...
Arculus and N.exchange Announce Partnership to Deliver Smarter, Better-Priced Crypto Swaps
Globenewswire· 2025-09-24 12:00
Core Insights - Arculus has partnered with N.exchange to enhance its Cold Storage Wallet by integrating a Smart Order Router for in-app cryptocurrency swaps, providing users with broader access and improved pricing [1][3][4] Group 1: Partnership Details - The integration of N.exchange into the Arculus Cold Storage Wallet significantly expands the in-app crypto swap options, allowing users access to hundreds of new trading pairs [2] - The partnership aims to elevate the customer experience by leveraging smart order routing technology alongside N.exchange's liquidity and competitive rates [4] Group 2: User Benefits - Users will benefit from competitive swap pricing, as the Smart Order Router automatically compares prices across multiple sources to ensure the lowest execution pricing [3][4] - The collaboration is designed to make crypto swaps more efficient, transparent, and cost-effective, setting a new standard for in-app crypto swaps [4] Group 3: Company Background - N.exchange is a non-custodial cryptocurrency swap/exchange service focused on accessibility and reliability, offering comprehensive trading pairs and competitive rates [5] - CompoSecure, the parent company of Arculus, has been a technology partner since 2000, providing innovative payment solutions and security features for digital assets [6]
MoneyGram to Launch Stablecoin-Based Solution for Cross-Border Finance
PYMNTS.com· 2025-09-17 20:53
Core Insights - MoneyGram is set to launch a stablecoin-based solution for cross-border finance in Colombia, with plans for expansion into additional markets [1][2] - The solution will be integrated into MoneyGram's mobile app, allowing users to receive, store, and spend funds in a USD-backed stablecoin [2][3] - The initiative is powered by Stellar's blockchain and Circle's USDC stablecoin, aiming to enhance financial access globally [3][4] Group 1 - The new solution will enable instant fund transfers into a USD balance, providing users with the ability to store funds in stable USD and cash out or spend them [2][4] - MoneyGram's CEO emphasized the vision of universal financial access, stating that this launch is a step towards making dollar stablecoins accessible to everyone [4] - The solution addresses traditional cross-border payment challenges, such as long settlement times and high fees, by leveraging stablecoins [5][4] Group 2 - MoneyGram has also launched an API called MoneyGram Ramps, facilitating cash-to-crypto and crypto-to-cash integration for developers [6] - This API allows wallets, exchanges, and FinTech applications to easily implement compliant crypto functionalities [6] - In collaboration with CompoSecure, MoneyGram's Access service now enables users to convert physical cash to USDC stablecoins and withdraw cash globally [7]
CompoSecure Integrates Arculus with MoneyGram: Becomes First Hardware Wallet to Provide Global Cash In/Cash Out Through Stellar
Newsfilter· 2025-04-21 12:30
Core Insights - CompoSecure, Inc. has integrated its Arculus Cold Storage Wallet with MoneyGram Access, allowing users to convert cash into USDC at participating locations [1][2] - This integration is the first of its kind, enabling seamless conversion of physical cash into digital currency on the Stellar blockchain [2][3] - The partnership aims to provide financial services to unbanked individuals, enhancing their access to digital finance [3][4] Company Overview - CompoSecure is a leader in metal payment cards and security solutions, founded in 2000, and focuses on delivering secure and user-friendly financial solutions [8] - MoneyGram operates in over 200 countries, processing more than $200 billion annually, and aims to make digital currencies accessible to cash-dependent populations [10] - The Stellar network facilitates low-cost cross-border transactions and aims to enhance global financial inclusion [11] Technological Innovations - The Arculus wallet allows users to manage their digital dollars securely and autonomously, bridging the gap between digital assets and traditional commerce [6][7] - The integration supports payments via smart contracts, enabling stablecoin holders to transact at any point-of-sale that accepts Visa or Mastercard [4][5] - The Stellar Development Foundation has awarded a grant to support the development of smart contracts for seamless payments from self-custody wallets [4]