The Members Group is offering a downloadable white paper on what it says may be the inevitable demise of magnetic-stripe cards in favor of the EMV global payments standard.
A new money transfer service in Des Moines, Iowa, has drawn a $1 million investment from two Iowa CUSOs.
A pair of Iowa CUSOs has made a million-dollar investment in a home-grown money transfer platform and plan to help the peer-to-peer service grow.
After almost 35 years processing credit union credit card transactions, Town North Bank has sold off its last stake in card processing.
TMG is now offering its 230 credit union customers the ability to provide their card-using members with mobile banking and transaction alerting solutions.
Mobile banking and transaction alerting solutions have been added to the product lineup of TMG.
TMG (The Members Group) has added Mobile banking and transaction alerting solutions to its product lineup.
The Members Group has introduced a tool that its client credit unions can use to analyze their card data at the level of the individual card holder and integrate it into other member data.
Roughly 95% of credit unions that process their credit card transactions with The Members Group have stopped allowing members to go over their card's limits, the processor said.
TMG, a financial services CUSO owned by the Iowa Credit Union League, gave its prepaid cards packaging for the holidays that included disclosures about the card's fee structure and schedule.