CPI Card Group and Fiserv Forge Alliance for Instant Card Issuance
On April 16, 2026, CPI Card Group and global fintech and payments firm Fiserv announced a major alliance to modernize instant card issuance for U.S. financial institutions. The partnership integrates CPI's Card@Once SaaS platform into Fiserv's broader ecosystem, making instant card issuance capabilities available to more than 10,000 financial institutions served by Fiserv. The alliance combines digital and physical card issuance, streamlining the process for banks and credit unions looking to offer cards to customers on the spot.
CPI Card Group is positioned as a preferred Fiserv partner for instant issuance under the arrangement. The deal reflects growing demand among financial institutions for modern, embedded card issuance solutions that reduce friction and improve customer experience. Financial terms of the alliance were not disclosed.
- Accelerates embedded card issuance at scale across U.S. community banks and credit unions via Fiserv's distribution network
- Signals growing demand for SaaS-based card issuance embedded directly within core banking platforms