News from the Wire

TMG to present 2014: The Year of the Data Breach webinar for FIs

Friday, April 18, 2014 — 09:58:09 (EDT)

Des Moines, Iowa, April 18, 2014 – Payments processor The Members Group (TMG) is presenting a complimentary webinar, “2014: The Year of the Data Breach,” for financial institutions (FIs) on Wednesday, April 23. Hosted by TMG Senior Fraud Prevention Analyst Nicole Reyes, the hour-long event will provide insight on current fraud trends and how FIs should ready their fraud-prevention policies, procedures and strategies for 2014 and beyond.

During the webinar, Reyes will detail new fraud trends credit and debit card issuers are currently experiencing, many of which are a direct result of recent data breaches. She will share her expertise on cyber-crime and how fraudsters use malware and other tricks to siphon and sell consumer information. Best practices for minimizing losses related to these crimes will be discussed, as well, so attendees leave the webinar armed with tangible ideas for improving their fraud-fighting strategies.

Attendees of the webinar will also receive a first look at Reyes’ newest white paper, “What Card Issuers Need to Know about Card-Not-Present Fraud.” The paper, which is the last in a series of four TMG papers covering fraud topics for issuers, takes a look at online fraud, the predicted impact of EMV on card-not-present fraud and how an authorization method known as tokenization is expected to help.

2014: The Year of the Data Breach Wednesday, April 23, 2013 1:00 to 2:00 p.m. CT

Online registration for the webinar is now open at bit.ly/1j6ODwx .

As a precursor to the webinar, Reyes was a guest on a recent TMG Podcast episode. To listen to the 15-minute recording, credit union and community bank staff are encouraged to access the free podcast at themembersgroup.com/the_tmg_difference/podcasts .

About TMG

The Members Group (TMG) is dedicated to creating customized, technology-driven card processing and payment solutions for credit unions and community-based financial institutions across North America. Innovations in fraud management, loyalty programs, alternative payment systems and analytic reporting, and the competitive advantages they create, have helped TMG forge a new standard in offering cutting-edge credit, debit, ATM, prepaid card products and a P2P payment solution. For more information, visit www.themembersgroup.com .

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release.