Euronet received Mastercard’s Excellence in Agility award for rapidly deploying innovative credit programs post-CoreCard acquisition.
Quiver AI Summary
Euronet, a leader in payment processing, has been awarded Mastercard’s Excellence in Agility award for credit issuance due to its swift and innovative services following the acquisition of CoreCard. This award highlights Euronet's rapid deployment of specialized Mastercard credit programs, including a commercial credit program launched in about two months, significantly faster than traditional banking environments. Euronet has introduced various Mastercard-powered products, such as secured revolving credit, BNPL-enabled credit, and programs supporting advanced loyalty models. The Mastercard Engage Excellence Awards recognize companies that demonstrate exceptional speed and creativity in the payments industry. Euronet's platform supports a wide range of credit products, allowing financial institutions to modernize their credit offerings quickly and efficiently, ensuring ongoing adaptability post-launch.
Potential Positives
- Euronet received Mastercard's Excellence in Agility award for credit issuance, highlighting its leadership in innovation and recognition from a major industry player.
- The acquisition of CoreCard has significantly enhanced Euronet's issuing capabilities, allowing for rapid launch of credit programs in a highly competitive market.
- Euronet launched multiple Mastercard-powered programs in a short time frame, demonstrating its capacity for quick deployment and adaptability to market demands.
- The press release emphasizes Euronet's commitment to modernizing credit products efficiently, appealing to financial institutions looking for reliable and agile solutions.
Potential Negatives
- While the press release highlights Euronet's agility and rapid program launches, it does not address any potential operational risks or challenges associated with such rapid deployment, which could lead to regulatory scrutiny or service delivery issues.
- The focus on speed and innovation may raise concerns among traditional financial institutions regarding compliance, oversight, and the reliability of Euronet's models compared to more established practices.
- The mention of specialized programs such as crypto rewards may alienate conservative banking partners, potentially limiting Euronet's client base in more traditional sectors.
FAQ
What award did Euronet recently receive from Mastercard?
Euronet received Mastercard's Excellence in Agility award for credit issuance, recognizing its innovative capabilities in payments processing.
How did Euronet enhance its credit issuance capabilities?
Euronet enhanced its credit issuance capabilities through the acquisition of CoreCard, allowing for faster deployment of Mastercard credit programs.
What types of credit programs has Euronet launched?
Euronet launched various programs, including secured revolving credit, BNPL-enabled credit, and co-brand portfolios with advanced loyalty models.
What is the significance of the Mastercard Engage Excellence Awards?
The Mastercard Engage Excellence Awards honor agile and innovative partners, showcasing their creativity and impact in the global payments industry.
How does Euronet support financial institutions?
Euronet supports financial institutions by offering a modern issuing platform that enables rapid integration and continuous innovation after product launch.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
LEAWOOD, Kan., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, has received Mastercard’s Excellence in Agility award for credit issuance. The recognition reflects the impact of Euronet’s acquisition of CoreCard, which has expanded the company’s issuing capabilities and enabled significantly faster deployment of regulated Mastercard credit programs.
Key factors that led to Euronet winning the award include the following:
- Euronet brought a commercial credit program with specialized loyalty and rewards capabilities into production in approximately two months, an uncommon timeline in traditional, bank-grade issuing environments.
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During the same period, Euronet launched several additional Mastercard-powered programs, including:
- Secured revolving credit
- BNPL-enabled credit
- Consumer and commercial credit
- Co-brand portfolios
- Credit card programs supporting advanced loyalty models, such as crypto rewards
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All programs were launched with:
- Mastercard Digital Enablement Service (MDES) tokenization
- Digital wallet provisioning
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Automated onboarding and lifecycle management
The Mastercard Engage Excellence Awards are presented annually at the Mastercard Innovation Forum to celebrate the most agile and innovative partners in the Americas. Recognized as a mark of distinction within the global payments industry, these awards spotlight organizations that deliver exceptional speed, creativity, and impact in bringing new solutions to market, underscoring the prestige and competitive edge of this honor.
“We appreciate this recognition from Mastercard because it reflects what our clients rely on us for,” said Oscar Munoz, Vice President of Sales for the Americas at Euronet. “Institutions want to modernize credit, but they also need reliability and disciplined execution. Euronet provides a proven path to launch modern credit products quickly, safely and with confidence.”
Modern Credit Delivered Faster
Euronet’s issuing platform is designed for financial institutions seeking to modernize credit portfolios without extended transformation projects. Strengthened through the acquisition of CoreCard, the platform supports a broad range of revolving credit products, including secured, unsecured, commercial, and co-brand, as well as specialized rewards-based card programs, on a single, modular architecture.
This unified approach allows institutions to move from project initiation to production far faster than traditional systems, while maintaining the governance, compliance and operational rigor expected by banks, large FinTechs and digital asset platforms.
Agility Beyond Launch
For Euronet, agility extends beyond initial implementation. The platform is built to support rapid integration after launch, enabling institutions to introduce new features, personalize card programs and evolve loyalty and rewards models as market needs change.
“Our teams have built a model that combines speed with discipline,” said Munoz. “Credit modernization does not have to take years. With the right platform and execution model, institutions can continue innovating after go-live, adapting products, launching enhancements and responding quickly as new opportunities emerge.”
About Euronet
A global leader in payments processing and cross-border transactions, Euronet moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments, currency exchange and more. With products and services in more than 200 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone.
Starting in Central Europe in 1994, Euronet now supports an extensive global real-time digital and cash payments network that includes 57,534 installed ATMs, approximately 592,000 EFT point-of-sale terminals and a growing portfolio of outsourced debit and credit card services which are under management in 69 countries; card software solutions; a prepaid processing network of approximately 712,000 point-of-sale terminals at approximately 346,000 retailer locations in 65 countries; and a global money transfer network of approximately 638,000 locations serving 199 countries and territories with digital connections to 4.1 billion bank accounts, 3.4 billion digital wallet accounts and 4.0 billion Visa debit cards through Visa Direct payments. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 worldwide offices. For more information, please visit the company's website at www.euronetworldwide.com .