Bowne and Co., New York City, won a $60 million, five-year contract with USAA, San Antonio, TX, a financial services company that serves the U.S. military, to print and mail communications with its 6.7 million members.
USAA, San Antonio, TX, previously printed the work in house. Bowne CEO David Shea believes the financial printer will capture similar deals as firms opt to reduce costs and focus on core competencies. He also sees growth in the company’s compliance service offering as more financial instruments become subject to regulation.
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