The Members Group Renews First Data Contract

(AllpayNews.com) - First Data has renewed its agreement to provide credit, debit and merchant processing services for TMG (The Members Group), a Des Moines, Iowa-based financial services provider to financial institutions. TMG offers a wide variety of innovative products and services that include card processing and reporting solutions as well as automated clearing house, asset liability management and item processing services.

TMG will continue to remarket First Data’s STAR® ATM and POS Network Services to its customers throughout the new term.

“We are reinvesting in our long-term partnership because First Data is truly committed to helping us achieve our aggressive growth goals,” said Tom Kuehl, president of TMG.

TMG has been a customer of First Data for 16 years. “First Data is honored to have earned the trust of TMG over the years, and we will continue to provide robust technical functionality, industry knowledge and expertise, all at a competitive price, so that we can truly help TMG achieve its goals,” said Matt Kardell, president of First Data Financial Services Strategic Accounts and Sales. Terms of the agreement were not disclosed.

About TMG
Owned by the Iowa Credit Union League, TMG is a financial services organization dedicated to providing innovative and flexible card processing and payment solutions to credit unions and financial institutions across North America. TMG’s core products include credit, debit, ATM and a variety of prepaid solutions, as well as online reporting, item processing, ACH and ALM and services. TMG’s prepaid card products are branded ATIRA. For more information, visit www.TheMembersGroup.com.

About First Data
First Data powers the global economy by making it easy, fast and secure for people and businesses to buy goods and services using virtually any form of electronic payment. Whether the choice of payment is a gift card, a credit or debit card or a check, First Data securely processes the transaction and harnesses the power of the data to deliver intelligence and insight for millions of merchant locations and thousands of card issuers in 37 countries. For more information, visit www.firstdata.com.

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Media Contacts:
The Members Group
Kelly Moore
866-355-5736
pr@themembersgroup.com

First Data Corp.
Nancy Etheredge
402-222-6214
nancy.etheredge@firstdata.com