ENGLEWOOD, Colo. - (Business Wire) Dynamic Card Solutions (DCS), the leading provider of instant issuance and PIN selection solutions for banks, credit unions and retailers that issue magnetic stripe, EMV and contactless cards, today announced a positive end to Q3 2009 – with revenue exceeding $18.5 million, representing a 93 percent increase in revenue compared to the prior year. DCS continues to sustain its significant market share as the preferred vendor-of-choice for instant card issuance, PIN-selection and PIN-change with the addition of new customers, as well as expanding existing customers' deployments of the company’s instant issue software and associated hardware. DCS' patented software, CardWizard®, currently runs in thousands of individual branches/stores producing personalized ATM and Visa®/MasterCard® plastic cards on demand with private and secure PIN selection.
"DCS continues to see strong demand for instant issue and PIN-selection due to the increasing popularity of debit cards in the market, as well as the operational, reliability and flexibility advantages of instantly issuing unembossed cards,” said Ron Zanotti, senior vice president of DCS. "DCS has over 13 years of experience as a proven instant issue technology provider but, more importantly, our CardWizard software is unmatched in how it securely issues and accounts for each card production request. Our products and services coupled with a continued commitment to offer the most advanced technologies are the reasons we are experiencing impressive increases in revenue and number of customers year after year.”
DCS' CardWizard software helps financial institutions optimize their card issuing programs and provide outstanding customer service by eliminating the cost, risk and delay for cardholders to receive their ATM, debit or credit cards via the mail. Financial institutions that are able to produce a plastic card immediately at the branch create a unique, one-to-one marketing and education opportunity which has proven to drive card activation, usage and interchange revenues. All DCS solutions are PCI compliant and meet or exceed the expected security and best practice recommendations of Visa and MasterCard.
In addition, DCS distributes CardWizard internationally, leveraging its extensive experience with instant issuance and PIN selection/PIN change solutions for a variety of international financial markets. These include supporting the personalization of contact and contactless EMV and U.S. contactless.
For more information about DCS technology, please visit www.instantissuance.com.
About Dynamic Card Solutions
Founded in 1996 and a wholly owned subsidiary of Dynamic Solutions International, Dynamic Card Solutions (DCS) is the leading provider of instant issuance and PIN selection solutions for banks, credit unions and retailers that issue EMV, contactless and magnetic stripe cards. With over 500 financial institution customers supporting thousands of active branches, DCS is the leading instant issuance provider for Visa® and MasterCard® debit cards worldwide. DCS is dedicated to meeting the needs and requirements of complex issuance environments, and has the experience to guide you through the procedures and processes required to implement a best-in-class instant issuance operation for contact and contactless EMV and magnetic stripe cards. For additional information, call +1 303.754.2000 or visit the Dynamic Card Solutions Web site at www.instantissuance.com.
for Dynamic Card Solutions
Kristin Eckmann, 303-840-4428
eckmann@instantissuance.com
