CompoSecure’s Jonathan Wilk on the coolest limited-edition credit card designs

Several technologies exist to replace the physical credit card, such as mobile wallets and wearables. Yet traditional credit cards remain as popular as ever. Jonathan Wilk, CEO at CompoSecure, one of the largest producers of metal credit cards, agrees.

“We’re seeing more and more issuers differentiating themselves in this competitive market with unique and/or limited-edition cards that generate instant excitement with consumers and build brand loyalty over time. Some issuers are using these designs for launches to attract new customers, and we’ve even seen certain cards designs be ‘trending’ on social media.”

Read the full article: The Coolest Limited-Edition Credit Card Designs (The Points Guy)

February 12th, 2019|Categories: Client News|Tags: , , , |

KTLA spotlights Oberthur Technologies’ card portfolio

KTLA’s Rich DeMuro visited one of Oberthur Technologies’ card manufacturing sites in Compton, Calif. Credit Cards are using more technology to combat fraud including numbers that change. See the video below to learn more about the fraud-fighting credit cards.

The End of Credit Cards is Coming

By Blake Ellis
CNN Money
Click here to read the full article

Spending via smartphone is expected to increase dramatically over the next five years.

Credit cards may soon be as outdated as vinyl records. (Remember those?) And this is the year that the slow, steady march to oblivion begins.

You can already use your iPhone, Droid or BlackBerry to buy a hotdog at the ballgame, buy your Starbucks latté, or give a friend a few bucks by Bumping phones. But by the end of the year you may not even think twice about reaching for your phone to pay at the register instead of fumbling for your credit card.

“Your plastic card hasn’t changed since the age of the vinyl records,” said Michael Abbott, CEO of Isis, a new mobile payment network. “This is the chance to bring payments forward from the plastic age and the vinyl records age to the digital age.”

While companies have been experimenting with contactless mobile payments for years, 2011 is expected to be the year the technology really takes off. That’s because millions of phones capable of making contactless payments are expected to be shipped out in 2011.

February 2nd, 2011|Categories: Client News|Tags: , , , , , , , |

Credit Card Legislation Means Consumers Under 21 Need a Way to Navigate the 'Plastic Gap'

By Jerry R. Welch
CEO of nFinanSe, Inc.

As posted on The Huffington Post

In the past several decades, the way we pay for things has made plastic, not cash, king. The rise of plastic began with credit cards which for years have attracted consumers despite high interest rates and constantly changing fine print. The new Credit Card Accountability, Responsibility and Disclosure Act, which takes full effect on February 22, promises to give consumers much-needed relief by keeping more of the hard-earned money in the pockets of the people who earned it.

This sweeping legislation cracks down on rate increases, eliminates certain tricky practices, improves transparency and protects arguably the most vulnerable among us – young consumers. Anxious to make their way in the world and not always aware of the long-term financial consequences of their actions, anyone under the age of 21 will be much more protected from the dangers of credit cards. However, there are consequences they may not like.

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February 1st, 2010|Categories: Client News|Tags: , , , , |