News

TMG technology simplifies chip card inventory management

March 16, 2017

Payments processor TMG has launched a new web-based tool to help credit unions and community banks better manage their plastic card stock, according to a press release.

The inventory management enhancement to the company's cardholder account management application, Springboard, displays daily plastic and collateral stock information in an easy-to-understand interface.

The solution gives TMG clients a comprehensive, on-demand view of program images and settings, including chip, card, card carrier and PIN mailer details. Typically, this level of information is not available to financial institution issuers.

The tool sends an automatic alert to the issuer when stock is low and features an advanced monthly forecasting calculator. Up to 18 months of inventory is stored in the system to help cards teams confidently make reorder decisions.