ABnote Expands Its End-to-End Solutions with Financial Instant Issuance
Fort Lee, New Jersey-based ABnote USA Inc., a global card manufacturer and provider of financial and secure credentialing solutions, has acquired all of the shares of Custom Card Systems (CCS), a card systems company that specializes in providing Financial Instant Issuance solutions for banks and other financial institutions. As another element of ABnote’s global technology solutions, the CCS acquisition will dramatically upgrade ABnote’s capabilities in the area of instant financial card issuance at branch locations.
Custom Card Systems Founder and President Joe Jett said, “ABnote brings an unprecedented business history dating back to 1795, strong marketing team, a global network of secure data centers, EMV expertise, mobile payment solutions and a strategy that includes Financial Instant Issuance. CCS brings a proven track record of successful instant issuance solutions and satisfied customers. It’s a perfect fit.”
“With approximately 100,000 branch institutions in the U.S., all subject to the upcoming EMV smartcard migration, we believe the Financial Instant Issuance market will experience significant growth in the coming years,” said ABnote North America CEO Keith Goldstein. He added, “The CCS team pioneered instant issuance and has more experience with Financial Instant Issuance than any other organization. Financial Instant Issuance is definitely something our partner network has been looking for. We believe that coupled with our EMV issuance and mobile payment solutions will prove to be an offering unmatched in the marketplace.”
Custom Card Systems will operate as “CCS, an ABnote Company” and continue to be based in Dallas.
About ABnote Global
ABnote, with facilities in North America, Europe and Australasia, is a premier and trusted provider of secure documents and related services. Its primary products include EMV and mag stripe financial cards (debit and credit cards), identification and secure access cards (drivers' licenses, national ID cards for governments worldwide, hotel and facility entry cards), commercial plastic cards (gift, loyalty and membership), secure documents (vital records, savings bonds, stock certificates, passports and checks), and related services (including NFC mobile payments, TSM, personalization, secure warehousing, distribution and fulfillment).