matdesign24/iStock via Getty Images PaySign, Inc. (NASDAQ:PAYS) continues to deliver double digit net sales growth driven by successful investments in prepaid card-based payment solutions targeting the plasma donation industry. With 465 plasma centers and 6.4 million cardholders as well as sponsorship with large banks and card companies, I believe that operating margin and FCF could…
Dmytro Skrypnykov CPI Card Group (NASDAQ:PMTS) reported its Q4 results on the 7th of March, showing weakness in financials with customers’ inventory management and cautious customer spending. In my previous write-up titled “CPI Card Group: Bullish Long-Term Future Despite Short-Term Challenges”, published on the 13th of December 2023, I initiated the stock at a buy…
Abdullah Durmaz/E+ via Getty Images Investment thesis: With around two-thirds of the US economy dependent on the consumer, the rate of consumer spending growth tends to be the main determining factor that drives the US economy. There are fiscal as well as monetary policies that can affect consumer spending. For instance, high-interest rates for a…
Shutter2U Back in the Summer of 2016, I wrote an article analyzing Discover Financial Services (NYSE:DFS) and Synchrony Financial (SYF). The context was looking for safe financials during uncertainty surrounding the Brexit. My conclusion was both stocks were appealing, but Discover Financial had an advantage because of the dividends they offered. Seven and a half…
As Coinbase has pointed out, fiat transfer fees can get as high as 3% to 6%. Through this partnership with Yellow Card, users will pay a maximum of 2% for each transaction. One of the benefits of cryptocurrency and blockchain being such barrier-breaking concepts is that people from all over the world can gain access…
JulPo I closed out my “Sell” call on CPI Card Group (NASDAQ:PMTS) in late September after the stock fell nearly -60% from my March write-up. I originally placed a “Sell” rating on the stock due to the similarities I saw with the growth it was seeing in contactless cards in 2022 versus what it saw…
LumiNola/iStock via Getty Images CPI Card Group (NASDAQ:PMTS) produces Debit, Credit, and Prepaid Debit cards for banks and other customers in the United States. The company has been able to turn its growth around after 2017, improving the company’s bottom line constantly. In 2023, though, CPI Card Group has experienced challenging demand, resulting in a…
MTStock Studio/E+ via Getty Images Listen below or on the go on Apple Podcasts and Spotify Credit card debt hits new record, delinquencies rise most among millennials. (00:23) CarGurus (CARG) to fully acquire online car dealership CarOffer for $75M. (01:27) Virgin Galactic (SPCE) cuts jobs to support Delta spaceship production. (02:04) This is an abridged…
At the event, the Managing Director of Bitget Gracy Chen delivered a speech titled “Top Crypto Opportunities in Q4 2023 and Beyond” where she provided insights into the goals Bitget aims to pursue in the crypto industry. Seychelles-based cryptocurrency exchange Bitget is taking part in the Future Blockchain Summit being held in Dubai from October 15…
Dilok Klaisataporn/iStock via Getty Images When I wrote “Wild Cards for September” over the weekend, 9 or 10 days ago – I write these commentaries over the weekend, while most of you read them on Tuesdays – I didn’t expect that one of them would immediately begin to move global markets. As of last Friday,…
Like other debit cards, the crypto debit card is a brainchild of Binance that allows its users to pay for day-to-day goods and services, using funds from their loaded crypto assets. Top crypto exchange Binance has announced a plan to halt its crypto debit card services in the Middle East and Latin America. According to…
Visa’s solution revolves around Ethereum’s ERC-4337 account abstraction standard and the utilization of a “paymaster” smart contract feature which allows off-chain settlements of gas fees. On Thursday, August 10, payments giant Visa Inc made an important announcement allowing users to pay the on-chain Ethereum gas fees directly in fiat currencies, either using a credit or…
The decision to consolidate these operations coincides with Rakuten’s unveiling its financial performance for the second quarter. Rakuten Group, a prominent player in the Japanese e-commerce sector, has unveiled its plan to bring together its payment and point businesses under Rakuten Card, its established credit card arm. The strategic move aims to improve the company’s…
Just_Super Introduction The stock of CPI Card Group (NASDAQ:PMTS), a micro-cap, payment tech specialist has had a rough ride this year, particularly since May; all in all, on a YTD basis, the stock has lost around a third of its market-cap, even as its peers from the micro-cap space have eked out single-digit returns. In…