Cardholders Embrace Plastic Waste Upcycling

November 19, 2019

Consumers have a strong desire to address the Earth’s plastic waste problem. According to a CPI Card Group Consumer Insights Study, conducted by an independent research firm, 96 percent of respondents say they are “concerned” about plastic waste in the oceans, and 63 percent are “very concerned.” Forty-nine percent are already reducing their plastic usage … Read More

Transforming Ocean Waste into Payment Plastic

November 5, 2019

In response to rising consumer demand, card manufacturers and issuers are actively working to develop and provide more environmentally-conscious solutions to address the growing problem of plastic waste. The challenge for card manufacturers is in sourcing materials that are not only durable, but able to handle the complex security and technology requirements of today’s evolving … Read More

Helping Our Oceans

October 24, 2019

The use of sustainable materials in payment cards is generating a lot of industry buzz. With roughly six billion plastic cards manufactured each year, the use of more eco-friendly materials like recovered ocean-bound plastic in card construction can significantly help address the issue of plastic waste entering our oceans. According to a CPI Card Group … Read More

What is a Payment Object?

July 2, 2019

Today’s consumers can transact at a growing number of merchant locations using Near Field Communications (NFC) technology with mobile devices and a variety of payment objects including smart watches and wristbands, jewelry, key fobs, stickers and more. Cardholders are excited about the possibilities. According to a November 2018 CPI Card Group survey of over 500 … Read More

Fintechs Get Physical

June 18, 2019

A surprising trend is developing among financial technology companies. Increasingly, popular smartphone financial apps like Acorns®, SoFi, and Venmo are offering physical payment cards, in a bid to both increase customer wallet share and capture additional income. This shift toward the tangible realm is the result of several dovetailing factors impacting the payment sector. As … Read More

Payment Objects: A Technology Whose Time Has Come

June 4, 2019

The convergence of two trends – the worldwide growth in wearable technology, and a marked shift toward contactless payments – is setting the stage for an explosion in payment objects, the next frontier in convenient payment technology. Consumers are seeking the same frictionless, convenient retail buying experience they enjoy online in traditional, brick-and-mortar settings. According … Read More

The Promise of Metal: Not Just a Pretty Face

May 23, 2019

With a potential U.S. market of nearly 40 million cardholders, metal cards are moving beyond the exclusive domain of pricey rewards programs, and into the mainstream. Attracted by higher retention rates and the promise of adding a more affluent customer segment to their card portfolios, issuers from fintech startups to community banks are adding metal … Read More

The Promise of Metal: Capitalizing on First Impressions

March 14, 2019

Metal cards have caught the eye of consumers in recent years. A certain segment of cardholder craves the feelings of exclusivity, luxury, and sophistication that metal cards provide. Attracted by the prospect of adding new, affluent cardholders, along with the promise of strong retention, many financial institutions are looking to add metal card options to … Read More

Back to Basics – Card Design

July 19, 2018

Cards are everywhere — relied on to purchase goods, grant access to buildings or memberships, earn brand loyalty points, discounts, and more. Companies can visually enhance cards to appeal to a wide audience, inspiring usage while creating a preferred, top-of-wallet experience. Card designers are able to create a product used routinely in everyday life and … Read More

Back to Basics – Dual Interface

June 20, 2018

We get many questions from people about dual interface cards and what happens during a transaction, such as, “When you tap a dual interface card, what is actually happening?” I was asked to go back-to-basics and reveal what happens behind the scenes of a dual interface tap or wave. What if I were to tell … Read More