CPI Card Group Inc. (NASDAQ: PMTS) shares moved upward Tuesday. The payments technology company, providing a comprehensive range of payment cards and related digital solutions, today announced a new integration with Nymbus, a leading provider of cloud-based core banking solutions, to deliver seamless instant card issuance.
Through this collaboration, CPI’s Card@Once® instant issuance solution is now integrated with the Nymbus Core Platform, allowing financial institutions to quickly print and activate payment cards in-branch with a turnkey solution.
CPI is advancing a unified payments issuance strategy that delivers both integrated digital and physical card solutions through expanded technology integrations. These capabilities enable instant access to cardholder funds while ensuring a seamless user experience. CPI continues to invest in scalable, API-driven platforms that empower fintechs, issuers and technology partners to embed secure physical and digital card functionality and deliver next-generation customer experiences.
The Nymbus and CPI integration, one of three current integration projects including PeoplesBank, empowers financial institutions to streamline the customer experience by eliminating the need for manual entry into separate systems, expediting the payment card delivery process and reducing wait times.
Cards can be instantly issued and activated through PIN-based transactions, mobile banking or interactive voice response (IVR). Additionally, the solution supports in-branch PIN capabilities, enabling customers to leave the branch within minutes with a fully functional debit card.
PMTS shares grabbed 13 cents, or 1.1%, to $12.38.
