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Technology Stocks : Gemalto N.V.
GTOMY 28.11+3.7%Oct 15 5:00 PM EST

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From: JakeStraw4/14/2015 12:17:41 PM
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Shoreline launches on-the-spot EMV card issuance for U.S. community banks and credit unions
gemalto.com

Shoreline, a Gemalto company, launches full service EMV instant issuance? of banking cards dedicated to meet the needs of community banks and credit unions. The new all-in-one solution makes it easy to upgrade or install an EMV-compatible instant issuance program that includes card personalization, procurement, onsite printing and customer support services. Delivering EMV cards immediately into the hands of customers helps financial institutions significantly increase card activation rates and usage as well as customer acquisition and retention.

On-the-spot card delivery helps reduce operational costs and alleviate time-consuming logistical and fulfillment processes. The U.S. currently has more than 6,000 community and credit unions with over 50,000 branch locations, demonstrating a strong market potential for Shoreline.
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