News

(Des Moines, Iowa – February 1, 2012) – Eight credit unions have signed on to begin offering the Coopera Card in 2012. A reloadable Visa prepaid card built specifically for the Hispanic community, the Coopera Card provides financial institutions with a tool for attracting new members and earning additional interchange income.

(Des Moines, Iowa – January 9, 2012) – Financial institution clients of The Members Group (TMG) collectively sold 25 percent more ATIRAgift cards during the 2011 holiday season as compared to the same period last year.

Agreement Enables Companies to Deliver Largest Array of Payment Solutions for Credit Unions

DES MOINES, Iowa, and RANCHO CUCAMONGA, Calif., (January 5, 2012) – The Members Group (TMG) and
CO-OP Financial Services announced they have formed a strategic partnership to combine strengths and deliver the largest array of cutting-edge payment solutions for credit unions.

(Des Moines, Iowa – Dec. 15, 2011) – Dwolla, the online, location-based, social and mobile payment platform released a new feature today provided through a partnership with TMG Financial Services (TMGFS), a sister company of Dwolla partner and investor The Members Group (TMG). Called Instant, the opt-in feature gives users access to cash instantly, avoiding the two- to three-day waiting period for transfer of funds.

(Des Moines, Iowa – Dec. 1, 2011) – Dwolla, the online, location-based, social, and mobile payment platform supported by The Members Group (TMG), announced today that it will no longer charge its 25-cent transaction fee for payments of $10 and below.

(Des Moines, Iowa – November 9, 2011) – In a newly released white paper, Shazia Manus, CEO of The Members Group (TMG), names the four areas on which she believes community financial institutions (FIs) will focus in 2012.

(Des Moines, Iowa – November 8, 2011) – Two credit unions have rolled out Dwolla – the online, social, mobile and location-based payments tool distributed by The Members Group (TMG). UNI Credit Union (Cedar Falls, Iowa) and WV United Federal Credit Union (Charleston, W.Va.) have each signed on for Dwolla’s integration product, FiSync, which offers members an expedited Dwolla sign-up process.

(Des Moines, Iowa – November 4, 2011) – In a new white paper co-authored by Konrad Christensen of card processor The Members Group (TMG) and Miriam De Dios of Hispanic-market strategies firm Coopera, community financial institutions (FIs) are encouraged to look at the Hispanic market for acquiring younger customers.

(Des Moines, Iowa – Oct. 18, 2011) – Payments solutions provider The Members Group (TMG) today announced the creation of a new client-service department, the TMG Retail Payments Team. The department – which will manage prepaid product implementations, support client portfolio growth and provide prepaid cardholder service – was created to address a dramatic uptick in the number of financial institutions now offering TMG’s ATIRA-brand suite of prepaid products.

(Des Moines, Iowa – October 13, 2011) – For most credit and debit card issuers, generating reports on the health of their portfolios is relatively simple and yields comprehensive results. But depending on the questions facing the issuer, “comprehensive” may not be the best type of information.