Cardtek, a Chicago-based fintech software developer, has introduced a new card issuance platform called CHIPXpert – Issuance, which the company said offers financial institutions a faster, cheaper option for chip-enabled card printing.

According to Cardtek, CHIPXpert – Issuance evolved out of an existing product, Palmaris, which is designed to assist financial institutions with the EMV migration. The company said the new solution is not only easy to integrate into existing systems, but can be installed in one click, and incorporates various requirements for instant card issuance and printing services in a single software application. Due to the speed of the installation process, CHIPXpert – Issuance is an efficient alternative to other solutions that require weeks' worth of labor to set up, Cardtek said.

“Developed by our talented group of engineers in just four months, our upgraded solution offers a better performance and easier user management,” Ozgur Gungor, general manager of Cardtek Mobile & EMV Solutions, said. “We have significantly reduced the time dedicated to configuration and integration phases, leading to major performance enhancements for our customers globally. Our immediate next goal is to provide the same effective and fast management to other chip manufacturers' products/offerings to offer a smoother transition process with fast installation.”