Eco-Friendly Card Material: Bringing Sustainability to Card Issuance

Card issuers may have a window of opportunity to attract or retain accounts by issuing a card made with eco-friendly materials.

Boston, September 8, 2020 – Although plastic is ubiquitous, it can negatively affect the environment during its production and when it is discarded. Sea life may experience the biggest impact as millions of tons of plastic accumulates in oceans and waterways. There are glimpses of hope, however, and tides may be shifting in favor of environmental sustainability. Financial institutions are not likely to be immune to this shift, but environmentally friendly card materials may enable them to reduce plastic waste.

This report helps issuers understand how environmentally friendly card material can have a positive impact on the environment and, potentially, the bottom line. Based on research commissioned by CPI Card Group, it leverages Aite Group’s Q1 2020 interviews with 20 key decision-makers for retail banking and card activities at issuers in the U.S. and Canada.

This 19-page Impact Report contains four figures and four tables. Clients of Aite Group’s Retail Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions ABCorp, CompoSecure, CPI Card Group, Federal Card Services, Fiserv, Thales Gemalto, Giesecke+Devrient, Idemia, Perfect Plastic, and Valid.

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