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Datacard Group acquires Dynamic Card Solutions

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MINNETONKA, Minn. (10/13/10)--Datacard Group has acquired Dynamic Card Solutions, a provider of instant issuance software for financial card programs. The acquisition includes Dynamic Card Solutions’ CardWizard software, which is used at more than 5,500 bank and retail locations (VerticalNews.com via Investment Weekly News Oct. 16). Together, the two companies have more than 30,000 instant issuance installations. Instant issuance allows credit unions and retailers to provide ready-to-use financial cards in minutes to increase activation rates and revenue streams. DataCard plans to maintain Dynamic Card Solutions’ staff and a facility in the Denver, Colo., area.