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Stock impact report

First Tap-to-Authenticate Report Released by PYMNTS Intelligence and Arculus by CompoSecure, Highlighting Top Security Concerns for Financial Institutions [Yahoo! Finance]

CompoSecure, Inc. - Class A (CMPO) 
Company Research Source: Yahoo! Finance
The report highlights the potential of tap-to-authenticate metal cards, such as Arculus Authenticate, to reduce fraud and improve customer experience. The survey of 200 financial institution executives found that 77% are considering tap-to-authenticate metal cards, and 96% of those already using metal cards believe it would improve customer experience and loyalty. 87 percent of financial institutions report a rise in stolen credentials as fraud cases surge, according to new survey SOMERSET, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, released the industry's first tap-to- authenticate report in collaboration with PYMNTS Intelligence, a leading payments analyst organization. The report identified the top security challenges facing financial institutions (FIs), reporting that 87% of financial institutions saw a rise in stolen credentials as fraud cases surge. “The PYMNTS Intellige Show less Read more
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