TMG Offers First Data Anti-Fraud Tool to Clients
Feb. 16, 2012
The Members Group, a Des Moines, Iowa credit union service organization has launched a fraud prevention tool for its clients. TMG said it has implemented First Data’s DefenseEdge, which it said can help detect fraudulent card transactions quicker than other solutions. “Threats from fraudsters can change on a moment’s notice,” said Karen Postma, senior cards risk manager for TMG. “The sooner we can identify and set strategies to neutralize these threats, the better. DefenseEdge will speed up the process, minimizing losses for the credit unions and community banks that are using it to maintain the profitability of their card portfolios.” TMG said all its credit and debit card clients will have the ability to employ DefenseEdge at their option.