Alabama Launches Chip-Enabled EBT Cards Statewide
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy CNDT?
Source: Newsfilter
- Security Enhancement: Alabama becomes the first state to roll out chip-enabled EBT cards statewide, expected to significantly enhance the security of SNAP and TANF accounts, helping to combat rising fraud attempts.
- Technological Innovation: The new cards allow beneficiaries to insert their cards into point-of-sale terminals instead of swiping, adding a layer of protection that reduces risks associated with magnetic stripe cards, thereby boosting user confidence.
- System Enhancement: Alabama DHR has implemented a system enhancement that automatically blocks out-of-state and online transactions for all EBT cards, allowing beneficiaries to easily unlock their cards through the ConnectEBT app, further safeguarding account security.
- Industry Leadership: Conduent, a leader in government payments, supports electronic payments in 37 states, showcasing its innovative solutions to prevent fraud in public benefit programs and raising industry standards.
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Analyst Views on CNDT
Wall Street analysts forecast CNDT stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.345
Low
7.00
Averages
7.00
High
7.00
Current: 1.345
Low
7.00
Averages
7.00
High
7.00
No data
About CNDT
Conduent Incorporated is a global technology-led business process solutions and services company. The Company’s Commercial segment provides business process services that span its clients’ business processes end-to-end from the front-office to the back-office for a variety of commercial industries. Its technology-led solutions and services include Customer Experience Management (CXM), Business Operations Solutions (BOS), Healthcare Claims and Administration Solutions and Human Capital Solutions (HCS). Its Government segment provides government-centric services and solutions to U.S. federal, state, local and foreign governments for public assistance, healthcare programs and administration, transaction processing, payment services and case management. Its Transportation segment provides systems, support and revenue-generating solutions to government transportation agency clients. It delivers mission-critical tolling, transit and digital payment solutions that streamline operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Conduent Partners with Alabama to Launch Fraud-Preventing EBT Cards
- Fraud Prevention Upgrade: Conduent collaborates with the Alabama Department of Human Resources to introduce new chip-enabled EBT cards aimed at significantly enhancing account security for beneficiaries, particularly those in SNAP and TANF programs, which is expected to effectively reduce fraud attempts targeting EBT cards.
- Statewide Implementation: Alabama becomes the second state to fully roll out these EBT cards after a pilot program launched in December, marking a significant advancement in public welfare security for all EBT cardholders in the state.
- Enhanced Account Control: The new cards allow beneficiaries to lock their accounts via the ConnectEBT mobile app, blocking all purchases and providing greater control over account security, while the system enhancement defaults to blocking out-of-state and online transactions to safeguard funds.
- Innovative Anti-Fraud Solutions: Conduent's VeriSight Anti-Fraud Suite offers adaptive fraud detection tools for public benefit programs, capable of identifying and blocking suspicious activities, thereby enhancing security and efficiency in government payment disbursements.
See More
Alabama Launches Chip-Enabled EBT Cards Statewide
- Security Enhancement: Alabama becomes the first state to roll out chip-enabled EBT cards statewide, expected to significantly enhance the security of SNAP and TANF accounts, helping to combat rising fraud attempts.
- Technological Innovation: The new cards allow beneficiaries to insert their cards into point-of-sale terminals instead of swiping, adding a layer of protection that reduces risks associated with magnetic stripe cards, thereby boosting user confidence.
- System Enhancement: Alabama DHR has implemented a system enhancement that automatically blocks out-of-state and online transactions for all EBT cards, allowing beneficiaries to easily unlock their cards through the ConnectEBT app, further safeguarding account security.
- Industry Leadership: Conduent, a leader in government payments, supports electronic payments in 37 states, showcasing its innovative solutions to prevent fraud in public benefit programs and raising industry standards.
See More
Conduent Q4 2025 Earnings Call Insights
- Management Turnaround Strategy: CEO Harsha Agadi emphasized a decisive approach to drive Conduent towards consistent revenue and EBITDA growth, planning to achieve this through faster decision-making, strict financial discipline, and cost structure optimization, thereby enhancing the company's market competitiveness.
- Significant New Business Growth: The company signed $152 million in new business annual contract value (ACV) this quarter, an 11% increase compared to Q4 2024, with total new business ACV reaching $517 million for the year, indicating strong market demand and business expansion potential.
- Financial Performance Volatility: Adjusted revenue for 2025 was reported at $3.04 billion, down 4.2% year-over-year, yet adjusted EBITDA reached $164 million, with an EBITDA margin of 5.4%, reflecting positive outcomes in cost control efforts.
- Future Outlook and Risks: Management committed to providing a more detailed strategic and financial guidance in the Q1 earnings report, acknowledging risks from AI-driven market disruptions and negative free cash flow impacts, while focusing on rapid execution and portfolio optimization to achieve sustainable growth.
See More
Conduent Reports Q4 Earnings Miss with Revenue Decline
- Earnings Performance: Conduent's Q4 non-GAAP EPS of -$0.09 missed expectations by $0.07, indicating ongoing pressure on profitability that could undermine investor confidence.
- Revenue Decline: The company reported Q4 revenue of $770 million, a 3.8% year-over-year decline, falling short of market expectations, which reflects challenges in competitive positioning and may lead to future performance uncertainty.
- New Business Signings: New business signings for Q4 totaled $152 million in annual contract value (ACV), with a full-year total of $517 million; despite new contracts, overall growth remains weak, indicating soft market demand.
- Stock Price Reaction: Following the earnings report, Conduent's shares fell by 7.5%, reflecting investor concerns about the company's future outlook, which could impact its financing capabilities and market positioning.
See More
Conduent to Announce Q4 Earnings on February 12
- Earnings Announcement Date: Conduent (CNDT) is set to release its Q4 earnings on February 12 before market open, with a consensus EPS estimate of -$0.02, reflecting an impressive year-over-year growth of 86.7%, indicating potential recovery amidst challenges.
- Revenue Expectations: The anticipated revenue for Q4 is $790.5 million, representing a slight decline of 1.2% year-over-year, which highlights the competitive pressures the company faces and may impact its future growth strategies.
- Historical Performance Review: Over the past two years, Conduent has met EPS and revenue estimates 50% of the time, indicating uncertainty in financial performance that could affect investor confidence moving forward.
- Estimate Revision Trends: In the last three months, there have been no upward revisions for EPS estimates and one downward revision, while revenue estimates also saw no upward revisions and two downward adjustments, reflecting a cautious market outlook on the company's future performance.
See More
Conduent to Report Q4 and Full-Year 2025 Financial Results
- Earnings Report Schedule: Conduent plans to release its fourth-quarter and full-year 2025 financial results on February 12 before market open, with management presenting the results during a conference call and webcast at 9:00 a.m. ET, providing detailed insights into the financial performance.
- Participation Details: The conference call can be accessed toll-free at 877-407-4019, with an international dial-in option at +1 201-689-8337, and the conference ID is 13758159, ensuring global investors can participate and receive timely information.
- Recording Availability: After the call concludes, participants can listen to a recording by calling 877-660-6853, which will be available until February 26, 2026, allowing those unable to attend live to review the discussion.
- Company Overview: Conduent is a global technology-driven business solutions and services company with approximately 53,000 associates, leveraging cloud computing and AI to provide digital transformation services, processing about $85 billion in government payments annually and enabling 2.3 billion customer service interactions each year.
See More
Conduent Partners with Alabama to Launch Fraud-Preventing EBT Cards
- Fraud Prevention Upgrade: Conduent collaborates with the Alabama Department of Human Resources to introduce new chip-enabled EBT cards aimed at significantly enhancing account security for beneficiaries, particularly those in SNAP and TANF programs, which is expected to effectively reduce fraud attempts targeting EBT cards.
- Statewide Implementation: Alabama becomes the second state to fully roll out these EBT cards after a pilot program launched in December, marking a significant advancement in public welfare security for all EBT cardholders in the state.
- Enhanced Account Control: The new cards allow beneficiaries to lock their accounts via the ConnectEBT mobile app, blocking all purchases and providing greater control over account security, while the system enhancement defaults to blocking out-of-state and online transactions to safeguard funds.
- Innovative Anti-Fraud Solutions: Conduent's VeriSight Anti-Fraud Suite offers adaptive fraud detection tools for public benefit programs, capable of identifying and blocking suspicious activities, thereby enhancing security and efficiency in government payment disbursements.
See More
Alabama Launches Chip-Enabled EBT Cards Statewide
- Security Enhancement: Alabama becomes the first state to roll out chip-enabled EBT cards statewide, expected to significantly enhance the security of SNAP and TANF accounts, helping to combat rising fraud attempts.
- Technological Innovation: The new cards allow beneficiaries to insert their cards into point-of-sale terminals instead of swiping, adding a layer of protection that reduces risks associated with magnetic stripe cards, thereby boosting user confidence.
- System Enhancement: Alabama DHR has implemented a system enhancement that automatically blocks out-of-state and online transactions for all EBT cards, allowing beneficiaries to easily unlock their cards through the ConnectEBT app, further safeguarding account security.
- Industry Leadership: Conduent, a leader in government payments, supports electronic payments in 37 states, showcasing its innovative solutions to prevent fraud in public benefit programs and raising industry standards.
See More
Conduent Q4 2025 Earnings Call Insights
- Management Turnaround Strategy: CEO Harsha Agadi emphasized a decisive approach to drive Conduent towards consistent revenue and EBITDA growth, planning to achieve this through faster decision-making, strict financial discipline, and cost structure optimization, thereby enhancing the company's market competitiveness.
- Significant New Business Growth: The company signed $152 million in new business annual contract value (ACV) this quarter, an 11% increase compared to Q4 2024, with total new business ACV reaching $517 million for the year, indicating strong market demand and business expansion potential.
- Financial Performance Volatility: Adjusted revenue for 2025 was reported at $3.04 billion, down 4.2% year-over-year, yet adjusted EBITDA reached $164 million, with an EBITDA margin of 5.4%, reflecting positive outcomes in cost control efforts.
- Future Outlook and Risks: Management committed to providing a more detailed strategic and financial guidance in the Q1 earnings report, acknowledging risks from AI-driven market disruptions and negative free cash flow impacts, while focusing on rapid execution and portfolio optimization to achieve sustainable growth.
See More
Conduent Reports Q4 Earnings Miss with Revenue Decline
- Earnings Performance: Conduent's Q4 non-GAAP EPS of -$0.09 missed expectations by $0.07, indicating ongoing pressure on profitability that could undermine investor confidence.
- Revenue Decline: The company reported Q4 revenue of $770 million, a 3.8% year-over-year decline, falling short of market expectations, which reflects challenges in competitive positioning and may lead to future performance uncertainty.
- New Business Signings: New business signings for Q4 totaled $152 million in annual contract value (ACV), with a full-year total of $517 million; despite new contracts, overall growth remains weak, indicating soft market demand.
- Stock Price Reaction: Following the earnings report, Conduent's shares fell by 7.5%, reflecting investor concerns about the company's future outlook, which could impact its financing capabilities and market positioning.
See More
Conduent to Announce Q4 Earnings on February 12
- Earnings Announcement Date: Conduent (CNDT) is set to release its Q4 earnings on February 12 before market open, with a consensus EPS estimate of -$0.02, reflecting an impressive year-over-year growth of 86.7%, indicating potential recovery amidst challenges.
- Revenue Expectations: The anticipated revenue for Q4 is $790.5 million, representing a slight decline of 1.2% year-over-year, which highlights the competitive pressures the company faces and may impact its future growth strategies.
- Historical Performance Review: Over the past two years, Conduent has met EPS and revenue estimates 50% of the time, indicating uncertainty in financial performance that could affect investor confidence moving forward.
- Estimate Revision Trends: In the last three months, there have been no upward revisions for EPS estimates and one downward revision, while revenue estimates also saw no upward revisions and two downward adjustments, reflecting a cautious market outlook on the company's future performance.
See More
Conduent to Report Q4 and Full-Year 2025 Financial Results
- Earnings Report Schedule: Conduent plans to release its fourth-quarter and full-year 2025 financial results on February 12 before market open, with management presenting the results during a conference call and webcast at 9:00 a.m. ET, providing detailed insights into the financial performance.
- Participation Details: The conference call can be accessed toll-free at 877-407-4019, with an international dial-in option at +1 201-689-8337, and the conference ID is 13758159, ensuring global investors can participate and receive timely information.
- Recording Availability: After the call concludes, participants can listen to a recording by calling 877-660-6853, which will be available until February 26, 2026, allowing those unable to attend live to review the discussion.
- Company Overview: Conduent is a global technology-driven business solutions and services company with approximately 53,000 associates, leveraging cloud computing and AI to provide digital transformation services, processing about $85 billion in government payments annually and enabling 2.3 billion customer service interactions each year.
See More
