News Details

LITTLETON, Colo. – July 29, 2025 – CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or “the Company”), a payments technology company providing a comprehensive range of payment cards and related digital solutions, has joined three influential industry associations to expand its reach and product offering to new market segments.

CPI has become a member of INFiN, a Financial Services Alliance, the National Association of Mutual Insurance Companies (NAMIC) and the Banking-as-a-Service Association (BaaS). These new partnerships represent opportunities for CPI and the associations to strengthen relationships with new, potential, and existing customers.

“Partnering with these leading associations gives us an inside look at the trends, conversations, and communities shaping the industries we serve and those we are exploring,” said Dan Molis, Director, Digital and Business Development, CPI. “These memberships open the door to new relationships and opportunities to better understand and serve emerging customer segments. We are excited to learn, contribute and grow together.”

INFiN, formed in 2020 by the merger of Financial Service Centers of America (FiSCA) and the Community Financial Services Association of America (CFSA), represents the consumer financial services industry. INFiN members are bound by a shared commitment to their customers, regulatory compliance, and transparency.

“We are thrilled to welcome CPI to the INFiN community,” said Ed D’Alessio, Executive Director. “CPI’s commitment to innovation and customer-focused solutions compliments the mission of INFiN’s network. We look forward to leveraging CPI’s expertise as we work to advance the future of the consumer finance industry.”

NAMIC, which has represented mutual property and casualty insurance companies in the U.S. and Canada for more than 125 years, is the foremost advocate and thought leader for the mutual insurance industry.

Comprised of the top innovative banks, fintechs and vendors, The BaaS Association works to promote, support and advocate for financial institutions engaged in the business of banking-as-a-service. The association, which represents over 80% of current BaaS sponsor banks in the U.S., also helps establish bank-fintech partnerships.

“CPI’s expertise in secure, innovative payment card solutions adds real value to our ecosystem,” said Dave Mayo, founder of The BaaS Association. “As BaaS platforms continue to scale and diversify, CPI’s experience supporting fintechs, neobanks and embedded finance providers will be a tremendous resource for our members looking to enhance their customer offerings.”

About CPI Card Group Inc.

CPI Card Group is a payments technology company providing a comprehensive range of payment cards and related digital solutions. With a focus on building personal relationships and earning trust, we help our customers navigate the constantly evolving world of payments, while delivering innovative solutions that spark connections and support their brands. We serve clients across industry, size, and scale through our team of experienced, dedicated employees and our network of high-security production and card services facilities, all located in the United States. CPI is committed to exceeding our customers’ expectations, transforming our industry, and enhancing the way people pay every day. Learn more at www.cpicardgroup.com.