CPI CARD GROUP®


Associated tags: News, CPI, Software as a service, Banking, Professional Services, Software, PMTS, Finance, Financial services, Payments, PCI, Data Management, Visa, SVP, Fintech, Other Technology, Networks, Wireless, Mobile

Locations: COLORADO, UNITED STATES, NORTH AMERICA

CPI Card Group® Announces Expansion with New Production Facility in Fort Wayne, Indiana

Retrieved on: 
Tuesday, April 9, 2024

This new facility exemplifies CPI's commitment to meeting the evolving needs of its customers and driving innovation in the payments technology industry.

Key Points: 
  • This new facility exemplifies CPI's commitment to meeting the evolving needs of its customers and driving innovation in the payments technology industry.
  • “CPI is proud to continue operating in the Fort Wayne community, where we are locally engrained with a high-performing team,” said John Lowe, President and Chief Executive Officer.
  • This is the first time in CPI’s nearly 30-year history that we’ve had the opportunity to build a manufacturing facility to our specifications.
  • Fort Wayne employees are expected to complete their transition to the new facility by early 2026.

CPI Card Group® Partners With MEA Financial Enterprises LLC to Offer Cardholder Solutions for Digital Wallets

Retrieved on: 
Wednesday, March 13, 2024

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or “the Company”), a payments technology company providing a range of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service (SaaS) instant issuance, today announced a referral relationship with MEA Financial Enterprises LLC (“MEA”), a national leader in the provision of innovative software solutions to the financial services marketplace.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or “the Company”), a payments technology company providing a range of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service (SaaS) instant issuance, today announced a referral relationship with MEA Financial Enterprises LLC (“MEA”), a national leader in the provision of innovative software solutions to the financial services marketplace.
  • This is expected to expand CPI’s client base and enhance the services that MEA provides to its mobile app users – which include approximately 300 financial institutions.
  • “By partnering with CPI to offer Push Provisioning, our financial institutions can provide an instant solution to their customers’ needs.
  • The company offers digital solutions like UniFI Banking and supports mobile banking across all operating systems, in addition to providing phone support, a text concierge, and other software tools for financial institutions.

CPI Card Group® Named One of the 2024 Best Companies to Work For by U.S. News & World Report

Retrieved on: 
Thursday, September 28, 2023

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, has been named one of the 2024 Best Companies to Work For by U.S. News and World Report .

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, has been named one of the 2024 Best Companies to Work For by U.S. News and World Report .
  • View the full release here: https://www.businesswire.com/news/home/20230928144984/en/
    CPI Card Group® Named One of the 2024 Best Companies to Work For by U.S. News & World Report (Graphic: Business Wire)
    CPI was recognized in the Industrials and Business Services industry group category in the 2024 U.S. News Best Companies to Work For by Industry list published on September 26.
  • “We are proud to be named one of U.S. News and World Report’s 2024 Best Companies to Work For,” said Sonya Vollmer, Chief Human Resources Officer at CPI.
  • In turn, our committed and talented employees help deliver on our promise to our customers by empowering their business success.

CPI Card Group® Introduces Card@Once® Ribbon Shredder for Protection of Sensitive Cardholder Data

Retrieved on: 
Tuesday, August 29, 2023

However, used printer ribbon panels can contain sensitive consumer data that must be securely and properly destroyed.

Key Points: 
  • However, used printer ribbon panels can contain sensitive consumer data that must be securely and properly destroyed.
  • CPI’s Card@Once Ribbon Shredder is a compact and easy-to-use desktop solution that uses twisted micro-cut technology to completely shred printer ribbon panels into tiny, unrecognizable particles.
  • Designed to accommodate the industry’s most popular brands of direct-to-card printer ribbons, CPI’s Card@Once Ribbon Shredder offers financial institutions flexibility in securely protecting sensitive data and eliminating the hurdles associated with used ribbon panel disposal.
  • “We are proud to introduce the Card@Once Ribbon Shredder as another solution in the payment life cycle, providing a convenient solution for the secure destruction of sensitive cardholder data,” said Rob Dixon, Vice President of Product Management and Corporate Development at CPI.

CPI Card Group® Expands Their Metal Card Offerings with a New Tungsten Card

Retrieved on: 
Tuesday, August 15, 2023

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company providing a range of credit, debit and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, today announced that it has expanded its offerings of encased metal cards to include a contactless tungsten card.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company providing a range of credit, debit and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, today announced that it has expanded its offerings of encased metal cards to include a contactless tungsten card.
  • By embedding tungsten metal between layers of plastic, the new Encased Tungsten Card weighs approximately four times more than a standard plastic payment card.
  • Offerings like these combine the most convenient dual interface technology with the most premium material available for a payment card for discerning cardholders.
  • In addition to encased metal cards, CPI offers prepaid cards, eco-focused cards, and many other card solutions with a variety of personalization options.

CPI Card Group® Earns Forest Stewardship Council® Certification

Retrieved on: 
Tuesday, June 27, 2023

CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, today announced that it has earned Forest Stewardship Council® (FSC®) Chain of Custody (CoC) certification for its prepaid product.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or the “Company”), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, today announced that it has earned Forest Stewardship Council® (FSC®) Chain of Custody (CoC) certification for its prepaid product.
  • CPI was third-party certified by SCS Global Services through its Forest Conservation Program .
  • Through the certification process, SCS conducted an independent review of CPI’s sustainability efforts and verified its use of responsibly sourced products.
  • CPI is also part of ICMA’s EcoLabel Standard Program and Mastercard Greener Payments Partnership , which are initiatives aimed at encouraging more sustainable transaction and identification card manufacturing.

CPI Card Group® Achieves Milestone of Selling Over 90 Million Eco-Focused Payment Cards

Retrieved on: 
Tuesday, April 18, 2023

In 2019, CPI signed one of the largest U.S.-based financial institutions to debut Second Wave® cards , which feature a core made with recovered ocean-bound plastic and, in March 2022 CPI announced having crossed the 50-million mark for all eco-focused payment cards sold.

Key Points: 
  • In 2019, CPI signed one of the largest U.S.-based financial institutions to debut Second Wave® cards , which feature a core made with recovered ocean-bound plastic and, in March 2022 CPI announced having crossed the 50-million mark for all eco-focused payment cards sold.
  • “Reaching the 90 million milestone for CPI’s card portfolio is a testament to the growing engagement among eco-conscious consumers to help protect the planet in choices both big and small.
  • The financial services industry, along with the business community at large, is evolving in response,” said John Lowe, EVP, End-to-End Payment Solutions, CPI Card Group.
  • Mastercard recently announced its decision to remove first-use PVC plastics from payment cards on its network by 2028.

CPI Card Group® and Share One Streamline Instant Issuance with Core Integration

Retrieved on: 
Tuesday, November 29, 2022

With the integration, Share Ones credit union clientele who offer Card@Once instant issuance to their members can instantly issue and print new and replacement EMV contact and contactless capable payment cards.

Key Points: 
  • With the integration, Share Ones credit union clientele who offer Card@Once instant issuance to their members can instantly issue and print new and replacement EMV contact and contactless capable payment cards.
  • Offering state-of-the-art instant issuance that is integrated with our core platform furthers that mission, giving our clients the ability to provide personalized payment cards through a simplified issuance process, said Kim Young, Share One President & CEO.
  • The new core integration with CPI empowers credit unions served by Share One access to streamlined instant issuance through a powerful SaaS-based printing solution.
  • Share One and CPI have a commitment to providing member-centric solutions that help credit unions embrace innovation and strengthen member relationships along the way, said Lane Dubin, SVP and General Manager, Prepaid, Personalization Solutions and Instant Issuance for CPI Card Group.

Eco-Focused Cards from CPI Card Group® Earn Card Eco Certification

Retrieved on: 
Tuesday, July 12, 2022

CPI Card Group Inc. (Nasdaq: PMTS) (CPI or the Company), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that CPI Second Wave and Earthwise rPVC, containing upcycled plastic have earned sustainable card badges from Mastercards sustainable card program.

Key Points: 
  • CPI Card Group Inc. (Nasdaq: PMTS) (CPI or the Company), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that CPI Second Wave and Earthwise rPVC, containing upcycled plastic have earned sustainable card badges from Mastercards sustainable card program.
  • We applaud Mastercards efforts to guide issuers as they embrace sustainability through more eco-focused payment cards, said John Lowe, SVP and General Manager Secure Card, CPI Card Group.
  • Its an honor to have our Second Wave and Earthwise rPVC cards earn this certification and validation.
  • CPI Card Group is a payment technology company and leading provider of credit, debit and prepaid solutions delivered physically, digitally and on-demand.

FirstBank Taps CPI Card Group® for Card@Once® Instant Issuance Solution

Retrieved on: 
Tuesday, May 3, 2022

Were pleased to have worked with CPI on bringing instant issuance to select FirstBank branches and look forward to our continued collaboration.

Key Points: 
  • Were pleased to have worked with CPI on bringing instant issuance to select FirstBank branches and look forward to our continued collaboration.
  • CPI securely manages IT setup, 24/7 support and maintenance for the customer-friendly cloud-based solution empowering financial institutions and their customers with an easy, web-based and quick to implement instant card issuance technology.
  • Additionally, its scalability allows CPI to easily accommodate financial institutions instant issuance needs as their networks grow, said Lane Dubin, SVP and General Manager, Prepaid, Personalization Solutions and Instant Issuance for CPI Card Group.
  • Were excited to deepen our relationship with FirstBank and connect them to our best-in-class instant issuance solution.