Core Insights - CompoSecure has launched innovative initiatives aimed at sustainability, including a waterless cleaning process that reduced water usage by 31.5% in 2023 [1] - The company has introduced a card return and recycling program to promote closed-loop material use, allowing US-based customers to securely dispose of and reuse card materials [1] - CompoSecure actively engages in community support, addressing issues such as food insecurity and mental health through volunteerism and financial aid [1][5] ESG Initiatives - The company published its inaugural 2023 ESG annual report, showcasing its commitment to sustainability through its premium metal payment cards, which are made of 65% post-consumer recycled stainless steel [3][5] - CompoSecure's metal payment cards are noted for their durability and longer product lifespan compared to plastic cards, aligning with the company's ESG goals [5] - The company continuously reviews and adapts its operational activities to ensure positive outcomes for customers, employees, communities, and stakeholders [5]

"Innovation is the cornerstone of our business strategy. We are proud to have created the metal payment card market which helps our customers drive consumer acquisition, retention, and satisfaction. We also believe a card can do more and we have added additional capabilities to payment cards, such as security and digital asset management," stated Jon Wilk, President and CEO of CompoSecure. "I am excited to receive this award and thank our exceptional team, partners and customers, whose relentless pursuit of ...

Core Insights - CompoSecure, Inc. has been recognized for its innovative contributions to the financial services sector, with CEO Jon Wilk receiving the Tech Leadership Award for Visionary CEO at the Banking Tech Awards USA [1][2] Company Overview - CompoSecure, founded in 2000, specializes in metal payment cards and security solutions, aiming to enhance consumer trust and experience in both physical and digital transactions [5] - The company has established itself as a technology partner for market leaders and fintechs, focusing on delivering premium branded experiences and ensuring security at transaction points [5] Leadership and Innovation - Jon Wilk, with over 20 years of experience in banking and payments, has played a crucial role in transforming CompoSecure into a fintech disruptor, particularly through the adoption of premium metal payment cards [4] - Under Wilk's leadership, CompoSecure continues to innovate, particularly with its Arculus technology, which enhances security for digital assets [4]

Arculus is actively engaging with PoS vendors, merchants and other key stakeholders in the Web3 ecosystem to enhance and drive a seamless customer experience for the self-custody community. For more information, please visit GetArculus.com/business-solutions. AUSTIN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced expanded capabilities that enable Web3 payments for everyday purchases through the ...

Core Insights - CompoSecure, Inc. has been awarded the 2024 Élan Award of Excellence in three categories: Best Metal Cards, Environmentally-Friendly Cards, and Best Secure Payment Cards, highlighting its leadership in the metal payment card industry [1][2]. Company Achievements - The company has won a total of 18 Élan Awards and has been a finalist 21 times since the awards began in 2012, showcasing its consistent excellence in card design and manufacturing [2]. - CompoSecure's CEO, Jon Wilk, emphasized the company's commitment to innovation, sustainability, and security in payment solutions, aligning with market demands for eco-friendly products [2]. Product Highlights - The BMW i Precision Card, recognized in the Best Metal category, is made from 65% recycled stainless steel and features a unique design that reflects modernity and sustainability [5]. - The Rogers Bank metal credit card, awarded in the Environmentally-Friendly category, is also made from 65% post-consumer recycled stainless steel and is carbon neutral during production [5]. - The IndusInd Bank Avios Visa Infinite Credit Card, awarded for Best Secure Payment Card, showcases a collaborative design process that emphasizes tactile features and visual appeal [5]. - CompoSecure's Lux Glass prototype was a finalist in the Unique Innovation category, combining stainless steel and Corning® Gorilla® Glass for enhanced design capabilities [5]. - The Taco Bell gift card was a finalist in the Best Loyalty, Promotion, Gift Card category, featuring a striking design that enhances brand visibility [5]. Industry Context - The Élan Awards, organized by the International Card Manufacturers Association (ICMA), recognize excellence in card manufacturing and innovation, with over 130 entries this year [2][3]. - ICMA serves as a global trade association for card manufacturers and related industry participants, focusing on production, technology, application, security, and environmental issues in the card industry [3].

SOMERSET, N.J., May 22, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced it won top honors at the prestigious 2024 Élan Award of Excellence by the International Card Manufacturers Association (ICMA) in three categories including Best Metal Cards, Environmentally-Friendly Cards and Best Secure Payment Cards. "This recognition underscores our relentless pursuit of excellence in design, sustainability and payment ...

SOMERSET, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced Steve Feder, General Counsel and Corporate Secretary, has been named an honoree in the prestigious NJBIZ Leaders in Law awards for 2024. The award ceremony took place today at The Palace at Somerset Park, celebrating the achievements of outstanding legal professionals. "Steve's appointment as an NJBIZ Leader in Law is a testament to his in ...

DUBAI, United Arab Emirates, May 13, 2024 (GLOBE NEWSWIRE) -- Dubai — May 13, 2024 — CompoSecure, Inc. (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced Chief Product and Innovation Officer, Dr. Adam Lowe, will be delivering key presentations at Seamless Middle East 2024, focusing on security innovations, including the company's Arculus Authenticate® and Cold Storage technology, that enhances customer experience and protect digital assets and digital ide ...

SOMERSET, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. ("CompoSecure") (NASDAQ:CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the pricing of a secondary offering of 7,000,000 shares of its Class A common stock, par value $0.0001 per share, by certain shareholders of the Company (the "Selling Shareholders") at a price to the public of $6.50 per share for total gross proceeds of $45,500,000 million (the "Offering"). In connection with the Offering, ...

CompoSecure, Inc. (NASDAQ:CMPO) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Steve Feder - General Counsel and Corporate Secretary Jon Wilk - Chief Executive Officer Tim Fitzsimmons - Chief Financial Officer Conference Call Participants John Todaro - Needham Mark Palmer - Benchmark Joe Flynn - Compass Point Reggie Smith - JPMorgan Operator Good day, and thank you for standing by. Welcome to CompoSecure’s First Quarter 2024 Earnings Call. [Operator Instructions] Please be advi ...