CPI Card Group, a provider of EMV payment services, has agreed to acquire EFT Source, a provider of personalized ATM products.

The financial terms of the deal were not disclosed. The acquisition would allow CPI to expand its offerings for small and medium-sized banks. It would also allow CPI to offer customers EMV-chip capabilities through CardOnce, EFT's debit card issuance system.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.