As a payment technologies company with a foundation built on cards and digital offerings, we facilitate connections between people and technology via traditional and next generation solutions that enhance people’s everyday lives. We aim to inspire and delight our customers with market-leading quality products and service and platforms that make working with us easy.
With a focus on helping our clients elevate the customer experience, we are committed to product consistency, proven execution, innovation, and world-class service. We provide a wide range of scalable options to clients of all sizes.
With decades of experience as a trusted partner to financial institutions, CPI Card Group® is a leading provider in payment card production and related services, offering end-to-end credit, debit, and prepaid payment solutions delivered physically, digitally and on-demand. Covering a broad range of needs, our solutions include EMV chip, mag stripe, RFID, dual interface, metal, recovered ocean-bound and upcycled plastic cards, personalization, packaging, fulfillment, instant issuance, digital card solutions, and more.
Positioned for today and tomorrow
Your Partner of Choice
Our customers include many of the largest U.S. issuers of debit and credit cards, the largest global managers of prepaid debit card programs, and thousands of independent community banks, credit unions, group service providers and card processors.
We're ready to meet your needs.
Serving customers from locations throughout the United States, CPI has a large network of high security facilities, each of which is registered as PCI compliant by one or more of the payment brands: Visa, Mastercard®, American Express and Discover®.
We're always thinking ahead.
CPI® continuously works to enhance our offerings and to create and deliver next generation products and solutions that meet the demands of the marketplace and exceed customer expectations. From EMV® and dual interface to metal cards, instant issuance, on demand personalization and digital card issuance, we serve a diverse set of customers.
We are committed to limiting our impact on the environment, preserving natural resources, and creating innovative and responsible products.
Our sustainability initiatives include: reducing natural resource and energy consumption, creating innovative, value-add products and solutions that reuse and leverage recycled materials, and recycling activities to divert waste from entering the environment.
Scott Scheirman has over 30 years of progressive and successful business leadership experience, primarily with financial services and technology enabled companies. He has extensive executive leadership, strategic financial, operations, international and governance expertise. Mr. Scheirman served as Executive Vice President and Chief Financial Officer of Western Union (NYSE:WU, a Fortune 500 Company) for seven years. Mr. Scheirman also held a variety of executive leadership and financial roles of increasing responsibility at First Data Corporation (NYSE: FDC) during his fourteen year tenure with the company. Prior to joining First Data Corporation, he was with EY for seven years. Most recently, Mr. Scheirman was the CEO of JKL Ventures LLC, a strategic advisory and private investment firm. He has served as a member of CPI Card Group’s Board of Directors since October 2016. Mr. Scheirman earned a Bachelor of Science degree in Business Administration with emphasis in Accounting from the University of Northern Colorado.
Donna Abbey has served as our Controller and Chief Accounting Officer since March 2022. Prior to joining the Company, Ms. Abbey provided financial and accounting consulting services to clients in various industries from January 2020 to March 2022. Prior to that, Ms. Abbey held roles of increasing responsibility at Western Union, a multinational financial services company, from October 2010 to September 2018, including Vice President of Financial Reporting, Governance & Consolidations and Chief of Staff to the Chief Executive Officer. Prior to joining Western Union, Ms. Abbey worked in the audit practice of KPMG LLP, a multinational professional services and accounting firm, from January 2003 to September 2010. Ms. Abbey holds a Bachelor of Science degree in Business Administration from Colorado State University and is a Certified Public Accountant in the State of Colorado.
Jeffrey Hochstadt was appointed Chief Financial Officer in May 2023. Mr. Hochstadt has over 25 years of accounting, finance and strategy experience. Most recently, he served as Founder of Jazmin LLC, providing strategic and financial consulting services to public and private companies, and as a Senior Advisor to Simon-Kucher and Partners. From 2006 through 2021 he served in various roles at Western Union, including Chief Strategy Officer and Senior Vice President, Head of Global Financial Planning and Analysis. Mr. Hochstadt’s prior experience also includes stints with First Data, Morgan Stanley Capital International, IBM, A.G. Edwards and Sons, and Price Waterhouse. He holds a Masters of Business Administration from the Wharton School at the University of Pennsylvania and a Bachelor of Science in Business Administration from the John M. Olin School of Business at Washington University in St. Louis.
Sarah Kilgore has served as our Chief Legal and Compliance Officer since December 2017. Prior to joining the Company, Ms. Kilgore was Of Counsel with Moye White LLP, a law firm based in Denver since June 2017. Prior to Moye White LLP, Ms. Kilgore founded and provided legal services through Kilgore Legal Group, LLC from December 2011 through June 2015. Prior to establishing Kilgore Legal Group, LLC, Ms. Kilgore served as Associate General Counsel, Governance and Securities for Western Union from 2006 to 2011. Additionally, she held various legal positions at First Data Corporation and AT&T Corp., and was in private practice with Sherman & Howard LLC. Ms. Kilgore earned her Juris Doctor degree from the University of Michigan Law School and received her Bachelor’s Degree in Business Administration from Michigan State University.
Peggy O’Leary has served as our Senior Vice President Prepaid Solutions since December 2022. She previously had served as Vice President of Sales of Prepaid, Personalization Solutions, and Instant Issuance since January 2020, and joined CPI in April 2017 as director of sales and client services for prepaid. Prior to joining CPI, Ms. O’Leary served as the Vice President Business Development for Jingit, a payments platform to drive consumer loyalty and engagement, since 2012. Prior to 2012, Ms. O’Leary held a variety of positions with increasing responsibilities including sales management, channel management, sales and client services at companies such as InteliSpend, Maritz, and Hallmark. Ms. O’Leary is a graduate of Hamline University and holds a Bachelor of Arts degree in Psychology.
Grace Sims has served as the Vice President of Procurement since October 2020. Ms. Sims has over 25 years of experience in Supply Chain in industries ranging from telecommunications, contract manufacturing, medical device and disposables, and self-service kiosk solutions. Prior to joining CPI Card Group, Ms. Sims served as the Vice President of Supply Chain for KIOSK Information Systems from 2015 to 2020. In this role, Ms. Sims was responsible for Purchasing, Planning, Inventory Management, Warehouse Management, Logistics, Facilities, Quality and Management of ISO 9001:2015 + ISO 14001:2015. Prior to July 2015, Ms. Sims held a variety of positions with increasing responsibilities including Director of Global Supply Chain and Director of Materials Management with key companies such as Terumo BCT and Delphi Medical Systems. Ms. Sims holds a Bachelor of Business Administration and Master of Business Administration from the University of Denver and a Ph.D. in Organization and Management from Capella University.
Beth Starkey has served as our Chief Marketing Officer since October 2021 and has over 20 years of marketing experience in the financial services, financial technology and payments industries. Prior to joining CPI, Ms. Starkey served in various marketing roles at FIS and its affiliated companies, most recently holding the position of Global Head of Merchant Experience & Advocacy Marketing with FIS. From 2009 to 2015, she held various marketing roles at First Data (now Fiserv), including Marketing Director. Additionally, Ms. Starkey held a variety of marketing, communication and consultant roles with several companies before joining First Data. Beth holds a Bachelor of Arts degree in Journalism from The University of North Carolina at Chapel Hill.
Beth Williams has served as our Chief Technology Officer since Jan 2020, and previously served as Technology Director, leading teams focused on Instant Issuance, Prepaid and Personalization since 2016. In these roles, Ms. Williams was responsible for managing all aspects of the technology life cycle including business needs assessment, software development, quality assurance, implementation and project management. Prior to joining CPI, Ms. Williams served as the Chief Information Officer for EFT Source, a card personalization and instant issuance solution provider, from 2007 to 2015. Prior to 2007, Ms. Williams held a variety of positions with increasing responsibilities including programming, web and software development, and analysis at companies such as KeyBank, Deloitte Consulting, NFIB and Vanderbilt University Medical Center. Ms. Williams holds a Bachelor of Business Administration - MIS from Ohio University.
Awards and Recognition
As thought leaders in our industry, we actively participate in next generation products and solutions.
In 2022, CPI was named winner of the Sustainability Product of the Year for the Earth Elements portfolio of cards, including Second Wave and Earthwise – cards that incorporate upcycled plastic into the card's construction.
In 2022, CPI was named finalist of the Best Green Initiative Award Category for the Earth Elements portfolio of cards, including Second Wave and Earthwise – cards that incorporate upcycled plastic into the card's construction.
CPI was named the winner of a Gold Stevie® in the Product & Service – Business-to-Business Products Category for Earthwise™ Recycled-PETG Plastic Cards in the 2021 19th Annual American Business Awards.
In 2020, CPI secured a Gold Stevie® in the Product & Service – Business-to-Business Products Category for Second Wave Recovered Ocean-Bound Plastic Cards, and in 2018, a Bronze Stevie® Award was received for Card@Once instant issuance in the New Products – Business-to-Business Products category.
The American Business Awards are the U.S.A.’s premier business awards program. The mission of the Stevie Awards is to recognize and generate public awareness of excellence in the workplace worldwide. The American Business Awards are the only national, all-encompassing business awards program in the United States.
ICMA acts as a resource for industry issues, including the production, technology, application, security and environmental issues of cards. CPI has been recognized for its innovative card design through the ICMA Élan Awards.
In 2022, CPI was named finalist in two categories, receiving recognition for Best Feature Card for a metal design for Rize Latitude, and People's Choice for Wells Fargo Reflect.
In 2021, CPI was named the winner of an award for Best Secure Environmentally Friendly Payment Card for a large tier financial issuer’s debit card featuring a core made with recovered ocean-bound plastic
In 2020, CPI received several Elan Awards, including Best Secure Payment Card for the BMW Credit Card, Best Secure Payment Card – Finalist for the RCI Ocean EMV Card, Best Secure Metal Payment Card for PSCU Corporate Card and Best Personalization & Fulfillment (P&F) Product, Service or Project for the Oxygen Debit Card Package.
Advanced Card Education (ACE) designations are awarded to professionals who successfully complete a rigorous exam demonstrating abilities and knowledge in technologies and processes specific to card manufacturing or personalization and fulfillment. CPI Card Group has graduated more than 60 individuals across the ICMA's ACE program, including ACE-P, ACE-M, and ACE-A – the most of any company in the world.
Recognizing the importance of instant issuance in today’s financial marketplace, the Best in Biz Awards named CPI Card Group’s innovative Card@Once solution a 2018 silver winner in the Enterprise Product of the Year – All Others category.
CPI received the 2016 Center of Excellence Award at the Secure Technology Alliance’s annual member meeting. The program recognizes member companies who reach the highest level of active participation in the Secure Technology Alliance, a not-for-profit, multi-industry association focused on smart card technology. As the U.S. payments market continues to evolve rapidly, CPI was recognized for its role in supporting the migration to EMV payments by providing market insights and education.
CPI is a leading payment solutions provider proudly offering credit, debit and prepaid debit card solutions. We are headquartered in Littleton, Colorado and all of our facilities are located within the continental United States.
Having grown both organically and through market relevant acquisitions over the past 20 years, CPI is focused on providing payment issuers with end-to-end payment solutions.
In 2010, we acquired certain assets of Premier Card Solutions, a leading provider of financial payment cards, data personalization services and tamper-evident security packaging for prepaid debit cards. Premier’s utilization of the payment card brand networks significantly enhanced our offering to prepaid debit card customers.
To address market demand for customization and immediacy, we acquired EFT Source in 2014, a recognized leader in the financial technology industry, in order to offer Card@Once instant issuance and expand personalization and end-to-end services.
To support our customers with the U.S. market migration to EMV® beginning in 2015, we invested in our physical infrastructure and equipment platform along with information technology and human capital across our network of facilities. We offer contact EMV, contactless EMV and dual interface EMV (contact and contactless).
Payment innovations including Second Wave®, Earthwise®, CPI On-Demand® and Push Provisioning, represent our investment in re-inventing the “how” of payments and addressing the evolving needs and expectations of our customers including differentiation, customization, speed, and flexibility.
We are pleased to lead the way towards a more sustainable future for payments though the CPI Earth Elements™ line of cards made with environmentally-focused materials. Second Wave® cards feature a core made with recovered ocean-bound plastics and our Earthwise® line features up to 98% upcycled post-industrial plastic, dependent on design.