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Stock impact report

CompoSecure Showcases Arculus Web3 Payment Capabilities for Everyday Purchases at Consensus Conference [Yahoo! Finance]

CompoSecure, Inc. - Class A (CMPO) 
Company Research Source: Yahoo! Finance
AUSTIN, Texas, May 28, 2024 (GLOBE NEWSWIRE) -- CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced expanded capabilities that enable Web3 payments for everyday purchases through the convenience of a metal card. Using these capabilities, consumers can have the flexibility to securely self-custody their digital assets and make those stablecoins and other digital assets spendable at the point of sale with a simple tap-to-pay. The Arculus Web3 payment capabilities will be demonstrated in the Arculus booth (#1221) May 29-31 at Consensus by CoinDesk in Austin, TX. “Digital currency payments in the physical world are almost nonexistent for multiple reasons,” said Adam Lowe, Chief Product and Innovation Officer at CompoSecure & Arculus. “At present, consumers with digital currencies have two challenges: first, they have to off-ramp to traditional fiat currency to spend their digital assets, and second, merchants do not Show less Read more
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