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TMG Financial Services hosts CARD best practices webinar
DES MOINES, Iowa (2/22/11)--Jeff Russell, president/CEO of TMG Financial Services (TMGFS), will lead a free, one-hour webinar of best credit card practices in the post-Credit Card Accountability Responsibility and Disclosure (CARD) Act world at 11 a.m. CT today. Topics to be discussed include managing risk and rate compression. The webinar will also explore how to run an efficient portfolio as the rules of the CARD Act continue to be defined. As an agent-issuer with a business model unlike most credit card issues, TMGFS has had an accelerated view of the ramification of the landmark CARD Act, Russell said. “Within our own portfolio, we have a unique view of how the CARD Act impacts a variety of metrics,” he said. “As the first anniversary of the CARD Act approaches, we want to offer insight and tips, as well as identify potential pitfalls, so credit unions can learn from our experiences.” The webinar will not include a discussion of selling credit cards portfolio, Russell emphasized. TMG’s core products include credit, debit, ATM and prepaid solutions, and online reporting, item processing, ACH, ALM and printing services.


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