Cottonport Bank, a US-based community bank, has deployed MagTek’s IntelliCAT system to provide instant, personalized debit cards to its banking customers. IntelliCAT is a windows-based software application that allows Cottonport Bank to create, manage and monitor their entire card issuing program.
Cottonport Bank said that it was facing the high cost of third-party debit card issuance. High costs, combined with lengthy turn-around times initiated the search by Cottonport Bank to identify an in-house solution for card issuance.
Lynn Roy, senior vice president and CIO of Cottonport Bank, said: “With easy to use features and the ability to support photo cards,new MagTek solution now gives us the ability to offer customers instant card issuance with a photo that makes it ‘their’ card.”
Peter Matino, vice president of financial business unit at MagTek, said: “For banks like Cottonport Bank, IntelliCAT delivers the instant personalization that gives customers an affinity and emotional connection to their bank and its debit card.”
MagTek is a secure electronic payment technology company.
