CHICAGO--(BUSINESS WIRE)--EFT Source, Inc., a provider of turnkey card programs and personalization services for ATM and debit cards for financial institutions, announced from the BAI Retail Delivery Conference & Expo in Chicago its inclusion in the 2014 FinTech Forward 100 list of the leading technology providers in the world.
The FinTech Forward program is a new, collaborative initiative by American Banker and BAI and recognizes the world’s largest technology companies that obtain more than one third of their total revenue from the financial services industry. With a focus on giving bankers the information and perspective on technology they need to plot a course for the future, the FinTech Forward program’s central objective is to identify the forces and trends that are motivating banks’ technology investments. A complete listing of FinTech Forward ranked companies is available at www.AmericanBanker.com/FinTech-Forward.
“Driven by powerful minds and unique foresight, the financial technology sector will continue its progressive evolution,” said Bill Dinker, president of EFT Source. “Our inclusion among the industry’s leading companies in the 2014 FinTech Forward 100 is a tremendous honor. Moving forward, we will maintain an unwavering commitment to reimagining the landscape and collectively shaping the future of financial services.”
In addition to its central card issuance service, EFT Source’s patented, EMV-capable instant issuance solution, Card@Once, enables financial institutions to quickly reissue compromised debit and credit cards at the branch, eliminating shipping costs and reducing the inconvenience to consumers nationwide. Within the past year, the company has realized a 211 percent increase in the total number of financial institutions using Card@Once. In that same time, Card@Once also delivered more than half a million cards, while tripling its weekly card volume. In addition, the solution was instrumental in reducing the impact of many high-profile data breaches.
To learn more about Card@Once, please visit EFT Source’s booth #3936 at this week’s BAI Retail Delivery.
About EFT Source Inc.
Established in 1977, EFT Source provides more than 3,000 U.S. financial institutions with turnkey card programs and secure personalization of debit, credit and ATM cards under the VISA, MasterCard and Discover payment brands from conceptual art to creative fulfillment services. Based in Nashville, Tenn., EFT Source also has a production facility in Colorado Springs, Colo. For more information, visit www.EFTsource.com.
About FinTech Forward
FinTech Forward brings together the research, media and event capabilities – and the engaged and influential audience communities – of banking’s top two professional information and education organizations. American Banker is the leading resource for banking and financial services professionals providing information and analysis, events, research, and marketing services. BAI is the financial service industry’s resource for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace.
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