CPI Card Group, a provider of financial and commercial cards related services, announced new initiatives with NXP Semiconductors and KSW Microtec to broaden its portfolio of contactless offerings and provide customers with expanded contactless technology solutions.
“In order to provide the best products for our customers, we feel it’s important to offer a variety of technology choices and solutions from reliable partners in the industry,” says Benoit Guez, director of Smart Cards and New Technologies at CPI. “Both NXP and KSW have demonstrated their commitment to developing cutting-edge technologies in the contactless space, and we look forward to working together as a team to meet our clients’ needs, and exceed their expectations.”
NXP Semiconductors offers a broad portfolio of solutions for banking applications, providing customers with a combination of security and performance with their ICs. NXP’s Fast Pay contactless security chip, deployed with CPI, can be used for contactless payment applications and is designed to provide consumers in the United States and Canada with a secure, fast and comfortable payment experience. “It’s embedded Data Encryption Standard (DES) hardware co-processor and best-in-class contactless performance provides strong security and fast transaction times,” Guez says.
KSW Microtec is a supplier of contactless prelaminates for ePayment, eGovernment and Access Control applications. The KSW Thinlam, a contactless prelaminate for card manufacturers, provides thinness and maintains reliability and durability because of its assembly technology. Thinlam is designed to provide contactless personal identification application especially where security, performance and appearance are important.
“We are extremely pleased that CPI has selected NXP as a key technology partner for the US banking market,” says Karsten Danziger, director of Banking Identification at NXP Semiconductors. “Our proven Fast Pay solution will enable swift and secure payment transactions. Working together with CPI and KSW, we will create differentiating solutions that enable the best possible customer contactless payment experience. NXP continues to raise the bar with respect to the security, reliability, performance and size of our contactless solutions.”
“We are delighted about the business partnership with our valued customer CPI,” says Thomas Hitzer, chief executive officer of KSW Microtec. “By combining both our smart and innovative technologies, CPI and KSW establish new possibilities in card manufacturing. In cooperation with our partners, we are committed to provide innovative, durable and secure RFID components, such as PVC Thinlam with NXP’s Fast Pay chip, for secure contactless card applications worldwide.”
