CoreCard makes software and provides card processing services for credit card issuers and other financial services companies. CoreCard's core platform, CoreENGINE, handles the full lifecycle of a card program — account setup, transaction processing, fee and interest assessment, dispute resolution, collections, and network settlement — supporting revolving credit, prepaid, fleet, private-label, buy now pay later, and installment loan programs. CoreCard sells to program managers, fintechs, retailers, and financial institutions, with no traditional sales force. CoreCard has two main revenue models: processing services, where customers outsource card processing to CoreCard under multi-year contracts with fees tied to accounts on file; and software licensing, where customers run CoreCard's platform in-house. CoreCard is de-emphasizing licensing in favor of processing. Revenue is lumpy — license fees trigger at volume thresholds, and new processing customers typically pay minimum fees for the first 12–18 months as their card bases grow. Goldman Sachs, which processes the Apple Card and the GM Card on CoreCard's platform, represented 62% of FY24 revenue. Goldman has signaled its intent to exit consumer credit cards, creating significant revenue uncertainty beyond 2026, though CoreCard has contracted revenue visibility through at least end of 2026. CoreCard's non-Goldman business has been growing at roughly 30% annually. CoreCard is also developing CoreFinity, a cloud-native successor platform expected to reach production by end of 2025.