TMG News Archives

The Doomed?

The Doomed?

By Guest Blogger Colonel (Ret.) Gary Steele, Senior Consultant at Diamond6 Leadership & Strategy, LLC, and a 2014 TMG Executive Summit speaker “Those who do not learn from history are doomed to repeat it.” George [...]

Changing eBay password isn’t enough

Changing eBay password isn’t enough

by. Nicole Reyes In a May 21 blog post, online auction giant eBay acknowledged a cyberattack that compromised a database containing encrypted passwords and other non-financial data like user addresses and birthdates. As a result, [...]

CNP fraud risk increasingly problematic for issuers

by. Brandon Kuehl TMG Senior Fraud Prevention Analyst Nicole Reyes and I recently co-authored a paper that delves into the current state of card-not-present (CNP) fraud. In it, we tackle the projected growth of CNP [...]

Consumers want to be known

Consumers want to be known

by. Brandon Bogler In today’s digital world, consumers are increasingly accepting of data collection, especially when they get something in return. A recent survey from data analytics company SAS found consumers expect to be [...]

Innovators prioritize consumer payments experience

by. Brian Day Earlier this month , I blogged about mobile-wallet early adopters, consumer attachment to mobile devices and when the mobile wallet might replace the traditional wallet. In that blog, I excerpted a portion of [...]

Prepaid cards receive high marks from financial health organization

by. Konrad Christensen The prepaid industry recently earned an A- for quality from the Center for Financial Services Innovation (CFSI). The scorecard measured 18 prepaid cards against the CSFI’s recommendations outlined in its “Compass [...]

Debit ruling should jumpstart EMV conversion plans

Debit ruling should jumpstart EMV conversion plans

by. Brandon Kuehl In March, a federal appeals court overturned a lower court’s 2013 decision that would have rewritten the Federal Reserve’s rule for implementing the Durbin Amendment. The March 21 ruling from [...]

Trust issues may hamper Facebook payments

by. Brian Scott Numbers like 721 billion (the amount of money that will be spent via mobile devices) and 450 million (the number of mobile wallet users expected by 2017), attract a lot of attention. [...]

Consumers: Innovate, but please keep fees low

Consumers: Innovate, but please keep fees low

by. Karen Postma What do consumers value most in a financial institution (FI)? It depends whom you ask. A recent GoBankingRates survey found fees, mobile banking and quality customer service each made the top of [...]

Credit unions can put data analytics to work for them

by. Brandon Bogler With 90 percent of worldwide data having been created in the past two years, there’s no question that Big Data is currently a very big deal. For community financial institutions (FIs), [...]