US-based Alden Credit Union has collaborated with TMG Financial Services (TMGFS) to support its credit card portfolio.
The partnership will allow the credit union to provide its members with a full-featured rewards credit card.
Alden president and CEO Adam Corcoran said: "From regulatory compliance and fraud management to EMV chip cards and digital wallet enrollment, it’s easy to get caught up in the day-to-day operations of a credit card program. It’s a rapidly evolving and intense marketplace that requires specialized expertise.
"Partnering with TMGFS will provide us that expertise so our teams can focus less on running a credit card portfolio and more on continuing to provide great member experiences across all product lines."
TMGFS CEO Jon Sarvis said: "Alden’s focus on ‘banking with no boundaries’ resonates with today’s consumer.
"This partnership will allow Alden to take its credit card program into a new era of payments without losing sight of its strategic imperatives and drawing resources away from member service. It will allow TMGFS to work alongside a consumer-centric partner that epitomizes the credit union difference."