American Banker and BAI Place CPI Card Group Among Global Leading Financial Technology Companies
FinTech Forward Ranks CPI No. 75, a Jump From Last Year, Based on Percentage of Revenues Attributed to Financial Services
LITTLETON, Colo.--(BUSINESS WIRE)-- CPI Card Group (Nasdaq:PMTS) (TSX:PNT), a global leader in financial and EMV® chip card production and related services, today announced it was ranked No. 75 on the 2016 FinTech Forward 100 list of leading technology providers in the world. Driven by industry publication American Banker and financial services professional organization BAI, the FinTech Forward program aims to identify technology trends for bankers.
CPI Card Group placed 12 spots higher on the list this year, compared to its No. 87 placement in 2015. According to the organizers at FinTech Forward, the rankings are determined by year-end (calendar) revenues and the percentage of revenues attributed to financial services.
“The FinTech Forward program is an important effort driven by two respected brands in the financial technology arena, and it provides helpful information on technology trends and priority investments for financial institutions,” said Steve Montross, President and CEO of CPI Card Group. “CPI Card Group’s ranking is a demonstration of our leadership, growth and success providing solutions that are in lock-step with customer needs and the direction of the industry.”
A global leader in financial and prepaid debit payment cards and services, CPI Card Group provides over 4,000 customers across the payments space with EMV chip, personalization, instant issuance, fulfillment and mobile payment services.
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, 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 ten locations throughout the United States, Canada and the United Kingdom, we have the largest 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.
Source: CPI Card Group
Ross Levanto, 617-956-6739