COMPANY
ABI Research Coverage of
CompoSecure
CompoSecure Overview
Visit WebsiteComposecure, L.L.C. designs and manufactures premium financial cards. The Company offers professional services such as new product development, contract manufacturing, and consulting services.
CompoSecure Awards & Publications
CompoSecure was assessed as a Top Innovator in Cold-Storage Wallets and the Security of Cryptocurrency Portfolios. The company has been an excellent innovator in this space with layers of security. For example, The Arculus Key Card leverages embedded security technology, including a Common Criteria (CC) Evaluation Assurance Level (EAL) 6+ Secure Element (SE) hardware classification. The solution is air-gapped and leverages Multi-Factor Authorization (MFA) to ensure that private keys are stored with the minimal risk of compromise.
CompoSecure is the Overall Leader in ABI Research's Metal Payment Cards competitive ranking. CompoSecure’s metal payment card offerings last the industry-standard 3 to 5 years in the field and consider its products to be very durable, adding coatings to make the cards more scratch-resistant. CompoSecure’s cards can consist of 65% post-consumer recycled stainless steel, a corrosion-resistant and durable metal, and it has become the first smart card vendor to manufacture a transparent payment card made of Corning Gorilla Glass, which provides the same durability as a PVC payment card. Furthermore, as it relates to the Echo Mirror card, CompoSecure has developed a new coating, providing scratch-resistant protection to maintain the mirror finish.
CompoSecure is a Top Innovator in the Metal Payment Cards market, going beyond metal only and launching metal in combination with Gorilla Glass with the Lux Glass offering and a mirror card in the Echo Mirror solution. These innovative cards are providing a range of options for banks and financial institutions to introduce one-of-a-kind differentiated payment cards into their portfolios. Furthermore, CompoSecure’s use of recycling programs, water reduction policies, and recycling of metal used in its payment card offerings mean that it is not compromising on Environmental, Social, and Governance (ESG) goals to provide these solutions.
CompoSecure is a Top Implementer due to its global reach through a very large number of partnerships in the metal payment cards space, coupled with the fact that many other vendors use their offerings to supply projects, ensuring a consistent level of business for CompoSecure. Its wide range of products, which are delivered in huge numbers and some of which include next-gen payment technologies, mean that CompoSecure commands an overwhelming market share for metal payment cards.
CompoSecure was recognized as a Leader in the field of Cold-Storage Wallets and the Security of Cryptocurrency Portfolios. CompoSecure demonstrated strong partnerships in the ecosystem, with a compelling and easy-to-use solution that does not compromise on security.
ABI Research Competitive Rankings of CompoSecure
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Cold-Storage Wallets and the Security of Cryptocurrency Portfolios
Competitive Ranking | 3Q 2022 | CA-1355