Blog - Cards Incorporating A Magnetic Stripe

Databricks Secures $5 Billion to Drive Expansion and Innovation

Jan 13, 2025

Databricks raises $5 billion to expand globally and launch AI products, with major backing from Blackstone and more, boosting its market operations.

Canada Sees Major Decline in Magnetic Card Imports, Falling to $26M in 2023

Aug 3, 2024

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In 2013, imports of Magnetic Card peaked at 113M units but decreased in the following years. By 2023, the value of imports drastically dropped to $26M.

Australia's Magnetic Card Import Increases 3% to $6.8M in 2023

Jun 27, 2024

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From 2016 to 2023, the growth of imports failed to regain momentum.In value terms, magnetic card imports expanded modestly to $6.8M in 2023.

Canada's Import of Magnets Decreases by 3% to $1.4M in January 2024

Mar 25, 2024

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During the review period, imports of Magnetic Cards peaked at 13M units in August 2023. However, from September 2023 to January 2024, imports did not show any significant growth. In terms of value, imports of magnetic cards slightly decreased to $1.4M in January 2024.