I held my Monthly Technique class this week .... and this was one of the cards my ladies created :o)
This technique doesn't have a name .... Sue, one of my lovely Team demo'd it to us some time ago and I had been meaning to include it in my class for some time.
Before punching out your shape, you just use a Stampin' Marker to go around the shape of the punch as you hold it on the card stock. It looks great whichever end of the pen you use, but I chose the writing tip this time to give a narrow outline.
It's so simple to do ..... why not give it a try? :o)