CPI Card Group Wins Prepaid Award for Customizable PowerCore Card

Date: 
June 15

CONCORD, Ontario, CPI Card Group, a global leader in financial and commercial card production and related services announced today that the company has received the award for Best Prepaid Card Design/Merchandising for PowerCore during the 2012 Prepaid Awards Canada held on June 7, 2012.

 

The Prepaid Awards event recognizes the significant commercial achievements and successes of the prepaid sector within Canada in gift and prepaid products, programs and solutions.

 

Part of the Best Prepaid Card Design/Merchandising award is based on how the card design/merchandising leverages innovation and creativity and its contribution to building brand values and awareness.

 

An industry first, the PowerCore card can be customized to fit any design needs – from lighting up a birthday cake on a gift card while it plays ‘Happy Birthday’ to the ability for retailers to customize number, color, timing and length of the light on the card to highlight a unique design. These cutting edge capabilities allow retailers to more effectively illustrate their brand through card programs.  For Financial and Security cards, issuers can utilize encapsulated, secure chips with OATH based algorithyms to display a one-time-password (OTP) or a dynamic account number or security code, like a DBC/CVV/CVC2.

 

"We are truly honored to be recognized with this award from Global Prepaid Exchange,” said Steve Montross, president and CEO of CPI Card Group. “The response to PowerCore has been overwhelming and we look forward to leveraging future PowerCore developments beyond commercial applications to provide new options to Financial and Security card issuers while staying ahead of the curve as we strive to achieve the best innovations for our customers.”

 

PowerCore was launched in March 2012 along with X-Card Holdings, LLC. Examples of PowerCore range from gift card production with light and sound to financial security cards with one-time passcode abilities (OTP, Dynamic CVV) or magnetic stripe emulation - truly putting control of the card in the hands of the consumer.

 

About CPI Card Group

CPI, a global leader in financial, commercial and identification card production and related services, offers a single source for cards and other form factors, from financial and gift to EMV chip and mobile, and personalization and fulfillment services. CPI offers the largest secure and commercial production network in North America and the UK. CPI's production sites include: Denver, Colorado; Fort Wayne, Indiana; Las Vegas, Nevada; Minneapolis, Minnesota; Colchester, England; Liverpool, England; Petersfield, England and Toronto, Canada. CPIs’ plants in Colorado, Nevada, Indiana, Canada and Liverpool are ISO 9001 certified. For more information, visit www.cpicardgroup.com.