Cass Information Systems, Inc.
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- Cass Information Systems, Inc. (Nasdaq: CASS) provides integrated payment and information management solutions focused on freight audit and payment, utility and facilities invoice processing, waste expense management, and fintech payment services to large manufacturing, distribution, retail, and logistics enterprises. Founded in 1906 and headquartered in St. Louis, Missouri, the company operates globally through subsidiaries and offices in the Netherlands, Singapore, Brazil, and additional U.S. locations including Bridgeton, Missouri; Columbus, Ohio; and Jacksonville, Florida; supported by its wholly owned subsidiary Cass Commercial Bank, which facilitates secure financial exchange in 114 currencies across 195 countries. Core offerings encompass freight invoice rating, auditing, payment processing, and business intelligence; utility bill payment for electricity, gas, and telecom expenses; waste and recycling management with benchmarking and professional services; carrier and logistics provider solutions; a B2B payment platform; and transportation data analytics. Recent developments include a November 2024 strategic partnership with Brazil's Lupeon for localized freight audit and accounts payable services to enhance global visibility for multinational clients; the launch of Amplify by Cass, a working capital solution for shippers and carriers; an integration with SONAR SCI for advanced market intelligence; the December 2024 acquisition of AcuAudit from Acuitive Solutions for $3 million to bolster transportation payments; and the April 2025 sale of its telecom expense management business to Asignet USA Inc., aligning with a strategic focus on core financial processing competencies.
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