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CPI Card Group Inc. Joins Forces with Rippleshot to Enhance Fraud Protection

Aug 27, 2024•almost 2 years ago

Contract Type

partnership

LittletonFinancial ServicesPaymentsFintech

Description

CPI Card Group Inc. (Nasdaq: PMTS) has announced a strategic relationship with Rippleshot to provide its fraud prevention services to CPI customers. Rippleshot's fraud prevention platform leverages artificial intelligence (AI), machine learning (ML) automation, and predictive analytics to detect and prevent credit and debit card fraud, enabling CPI customers to more effectively prevent fraudulent events before they occur and reduce the frustrations that epitomize the fraud management experience.

Company Information

Company

CPI Card Group

Location

Littleton, Colorado, United States

About

CPI Card Group is a payment technology company providing a comprehensive range of credit, debit, and prepaid card solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance. With a focus on building personal relationships and earning trust, we help our customers navigate the constantly evolving world of payments, while delivering innovative solutions that spark connections and support their brands. We serve clients across industry, size, and scale through our team of experienced, dedicated employees and our network of high-security production and card services facilities—located in the United States. CPI is committed to exceeding our customers’ expectations, transforming our industry, and enhancing the way people pay every day. Learn more at www.CPIcardgroup.com.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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