poSecure(US:CMPO) Newsfilter·2024-05-22 12:30Core 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].