Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
TMG offers online sign up for transaction alerts
DES MOINES, Iowa (5/11/11)--TMG now offers online sign-up for near real-time transaction alerts. Enrollment is available through TMG’s website or a through a financial institution’s online banking system. TMG has integrated its Visa transaction alerts with Springboard, the Web-enabled cardholder service portal used by TMG’s financial institution clients. Transaction information is delivered directly to a cardholder’s mobile device or e-mail inbox. Also new to the Visa transaction alerts product is the capacity for financial institutions to pilot the program with employees before rolling it out to an entire cardholder base. In addition to helping cardholders keep track of transaction details and spending, Visa transaction alerts also are a fraud prevention tool, according to Brian Day, TMG product development architect. “With text alerts, cardholders become active participants in fraud prevention,” Day said. “The alerts give them a much earlier view of attempted fraudulent transactions as compared to waiting for a statement--or even checking their account online.” Visa transaction alerts are triggered when a transaction meets a cardholder’s pre-selected criteria, including transaction declined; out of country or card-not-present transaction; gas station charges or a transaction exceeding a specified amount. When notified that transactions have taken place, customers can validate the activity or initiate an investigation by contacting their card-issuing financial institution.


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
1 Day ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
1 Day ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
1 Day ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
1 Day ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
1 Day ago