TMG News Archives

More merchants ready for #EMV chip cards

More merchants ready for #EMV chip cards

by: Brandon Kuehl A staggering number of EMV chip cards are expected to be delivered to the homes of American consumers over the coming months. The International Card Manufacturers Association anticipates its U.S. and [...]

Prepaid cards in line to complement corporate credit

Prepaid cards in line to complement corporate credit

by: Jeff Faulk Corporate expenses have long been the realm of credit cards, but prepaid could soon be breaking through (or at least making a dent) in that barrier. Currently, Javelin reports 42 percent of [...]

Facebook dips toes in P2P payments

Facebook dips toes in P2P payments

by: Brian Day Worldwide more than 500 million people use Facebook Messenger, an instant messaging service and software app. Facebook recently announced Messenger users now have the option of using the app to make person-to-person ([...]

Government now offering electronic payment options

Government now offering electronic payment options

by: Brian Day Last year, U.S. government agencies collected more than $3 trillion in revenue. This equates to some $90 billion a day the public pays into government treasuries. The Treasury recently announced Americans [...]

What and who is driving innovation?

by: Shazia Manus Innovate or die. That’s a recurring message for financial institutions (FIs) today. There’s no doubt innovation is a buzzword, but that doesn’t mean it isn’t incredibly important. In [...]

Innovation is the key for financial services

Innovation is the key for financial services

by: Brian Scott “Innovate or die” has become an Internet buzz phrase of late. While this blunt phrase may seem extreme, in this ever-changing digital world, there’s at least some truth to it. Even [...]

What (and who) is driving global innovation

What (and who) is driving global innovation

It’s incredibly exciting to witness the life-altering innovations taking shape across the globe. Entrepreneur Dean Kamen can transform raw sewage into drinking water. Qualcomm is crowdsourcing the development of a personal medical scanning device — [...]

Tokenization will supplement EMV fraud prevention

Tokenization will supplement EMV fraud prevention

by: Brandon Bogler I recently had the pleasure of teaming up with my colleague Brandon Kuehl, TMG product development manager, on a white paper exploring the implications of tokenization for community financial institutions (FIs) that [...]

Mobile payments growth spurt

Mobile payments growth spurt

by: Brian Day Mobile payments in the U.S. are set to nearly triple, expected to total $142 billion in five years, according to Forrester research. That’s up from $52 billion in mobile payment [...]

Know your competition in 2015

Know your competition in 2015

by: Shazia Manus These days, credit unions face a number of competitors in payments and lending – from both in and outside the financial industry. There are a number of contenders to which community financial institutions ([...]

Is mobile banking a habit?

Is mobile banking a habit?

by: Brian Day Consumers are increasingly turning to their mobile devices to conduct financial transactions and other banking functions from anywhere, anytime. The convenience and ease-of-use mobile banking offers is becoming more popular among consumers [...]

Millions value the credit union difference

Millions value the credit union difference

by: Shazia Manus There’s no doubt, the credit union movement is alive and well in this country and around the world. The World Council of Credit Union’s (WOCCU’s) recent figures show credit [...]

Future considerations for tokenization

Future considerations for tokenization

by: Brandon Kuehl Tokenization, or the replacement of sensitive payment data with a unique identifier called a token that cannot be mathematically reversed, has a number of implications for financial institutions (FIs) that issue credit [...]