CPI Card Group Wins Silver in Best in Biz Awards 2018
December 13 2018 - 9:00AM
Business Wire
Card@Once® Instant Issuance Solution Recognized
As An Enterprise Product Of The Year
CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (“CPI Card Group”
or the “Company”), a global leader in financial and EMV® chip and
dual interface card production and related services, has been named
a silver winner in the Best in Biz Awards 2018. The Company’s
instant issuance solution – Card@Once® – received the recognition
in the Enterprise Product of the Year – All Other Products
category.
Each year, the Best in Biz Awards’ entrants span the spectrum,
from recognizable global brands to innovative local start-ups.
Winners are determined based on scoring from independent judging
panels composed of prominent editors and reporters from some of the
most respected newspapers, TV outlets, and business, consumer,
technology and trade publications in North America. This year,
Card@Once from CPI Card Group was recognized for its innovation as
a secure, compact instant card issuance solution that is web-based,
quick to implement and easy-to-use. Card@Once gives branches the
ability to respond immediately to customer requests for new and
replacement cards.
Among the leading benefits of the Company’s
Software-as-a-Service (SaaS) instant issuance model is that
financial institutions don’t have to worry about maintaining any
software or servers themselves. Unlike the responsibilities that
come with Software-for-Purchase (SFP) models, Card@Once is designed
so that CPI securely manages the IT support and maintenance for the
solution. Further, because issuance is done instantly and
in-branch, Card@Once users reduce costs by eliminating the need for
mailing or shipping cards, while driving incremental activation
rates, transactions and interchange revenue.
“We are honored to have Card@Once named a silver winner by the
Best in Biz Awards,” said Lane Dubin, SVP and General Manager,
Prepaid and Instant Issuance for CPI Card Group. “This recognition
further validates the remarkable value of our instant issuance
technology, from both a customer experience perspective and a
competitive differentiation standpoint for issuers. We look forward
to helping more financial institutions experience Card@Once’s
potential in the years ahead.”
About CPI Card Group
CPI Card Group is a leading provider in payment card production
and related services, offering a single source for credit, debit
and prepaid debit cards, including EMV® chip and dual interface,
personalization, instant issuance, fulfillment and mobile payment
services. With more than 20 years of experience in the payments
market and as a trusted partner to financial institutions, CPI’s
solid reputation of product consistency, quality and outstanding
customer service supports our position as a leader in the market.
Serving our customers from locations throughout the United States
and Canada, we have a large network of high security facilities in
North America, each of which is certified by one or more of the
payment brands: Visa, MasterCard®, American Express, Discover® and
Interac® in Canada. Learn more at www.cpicardgroup.com.
EMV is a registered trademark or trademark of EMVCo LLC in the
United States and other countries.
About Best in Biz Awards
Since 2011, Best in Biz Awards has made its mark as the only
independent business awards program judged each year by a who’s who
of prominent reporters and editors selected from top-tier
publications from North America and around the world. Over the
years, Best in Biz Awards judges have ranged from Associated Press
to the Wall Street Journal and winners have spanned the spectrum,
from blue-chip companies that form the bedrock of the world economy
to local companies and some of the most innovative start-ups. Best
in Biz Awards honors are conferred in two separate programs: North
America and International, and in 70 categories, including company,
team, executive, product, and CSR, media, PR and other categories.
For more information, visit: http://www.bestinbizawards.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181213005052/en/
ICR Inc. for CPI Card GroupSourav Das,
203-682-8283media@cpicardgroup.com
CPI Card (NASDAQ:PMTS)
Historical Stock Chart
From Mar 2024 to Apr 2024
CPI Card (NASDAQ:PMTS)
Historical Stock Chart
From Apr 2023 to Apr 2024