Metal Payment Cards

Search documents
CompoSecure Schedules Second Quarter 2025 Conference Call for August 7th at 5:00 p.m. ET
Globenewswire· 2025-07-24 12:30
Group 1 - CompoSecure, Inc. will host a conference call on August 7, 2025, at 5:00 p.m. EDT to discuss its financial results for Q2 2025 [1][2] - The conference call will be led by Executive Chairman David Cote, President & CEO Jon Wilk, and CFO Tim Fitzsimmons, followed by a Q&A session [2] - A live webcast and replay of the conference call will be available on the company's investor relations website [2] Group 2 - CompoSecure, founded in 2000, specializes in metal payment cards, security, and authentication solutions, serving fintechs and consumers globally [3] - The company focuses on delivering premium branded experiences through innovative payment card technology and Arculus security capabilities [3] - CompoSecure aims to ensure trust at the point of transaction, enhancing user experience in both physical and digital environments [3]
CompoSecure Announces CFO Retirement; Reaffirms Previously Issued Full Year 2025 Guidance
Globenewswire· 2025-06-11 13:15
Core Points - CompoSecure, Inc. announced the retirement of its Chief Financial Officer, Tim Fitzsimmons, after over 13 years of service, with a successor expected to be named in the second half of 2025, no later than January 1, 2026 [1][6] - Tim Fitzsimmons will serve as a consultant to ensure a smooth transition until January 1, 2027 [1][6] - The company reaffirms its full year 2025 guidance, projecting mid-single digit growth in both Consolidated Net Sales and Pro Forma Adjusted EBITDA [3][6] Company Leadership Transition - Jon Wilk, President and CEO, acknowledged Tim Fitzsimmons' significant contributions, including supporting critical corporate transactions and building a strong lending group for debt financing [2] - Fitzsimmons expressed gratitude for the opportunity to lead the Finance and IT teams and emphasized the transformation of CompoSecure from a family-owned business to a publicly traded company [2] - Executive Chairman Dave Cote highlighted Fitzsimmons' lasting impact on the company and his central role in building the foundation of the business [2] Financial Guidance - CompoSecure's guidance for 2025 includes the payment of the Resolute Holdings management fee on a pro forma basis for 2024 and 2025 [3]
CompoSecure Global Survey Supports Metal Payment Cards as a Powerful Tool for Banks and Fintechs to Attract, Engage, and Retain High-Value Customers
Newsfilter· 2025-04-17 12:30
Core Insights - CompoSecure, Inc. has released a report indicating that metal payment cards significantly drive growth for financial institutions, particularly among wealthy and younger consumers [1][2]. Consumer Preferences - 68% of respondents prefer a bank card program offering a metal payment card over others if rewards and benefits are equal, with this preference rising to 87% among ultra-high-net-worth individuals (UHNW) and 77% among those aged 18-25 [2][4]. - The survey identified key consumer segments favoring metal cards: 91% of the Elite, 90% of Innovators, and 89% of Up-and-coming individuals would choose metal payment cards if all rewards were equal [3]. Market Awareness and Demand - Awareness of metal cards has increased to 52%, up 11% from 2021 and 19% from 2018, with 67% awareness among those under 25 [5]. - 73% of global respondents are willing to pay extra for a metal payment card, with 96% of UHNW individuals expressing similar interest [5]. Brand Perception - Banks issuing metal cards are perceived as innovative (74%), environmentally conscious (70%), prestigious (67%), secure (64%), and cool (68%) [4][5]. - 63% of respondents would prefer a payment card made from eco-friendly materials if all rewards were equal, highlighting a growing climate consciousness [5]. Survey Methodology - The survey was conducted by Capuchin Behavioural Science, involving 21,250 participants across 17 global markets, providing a comprehensive view of consumer sentiment towards metal cards [6].