By Roy W. Urrico
In case you missed some recent financial technology product announcements, here is a rundown of a few introductions that credit unions might find helpful.
EFT Source is a provider of turnkey card programs and personalization services for ATM and debit cards for financial institutions. Card@Once®: EFT Source’s new Card@Once instant issuance solution enables members to walk into a branch and, within seconds, receive a fully-functioning, active payment card. When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into a data encrypted print file that is sent back to the branch electronically. Card@Once encodes the data and prints the card allowing the customer to walk away with a ready-to-use, active card. According to EFT, Source Card@Once produces a cost savings of up to 30 percent over traditional issuance methods.