Anderson expected to accelerate payment company’s product and market expansion
DES MOINES, IA (August 9, 2013) -- Filling a newly created position in the senior management team of payments processor The Members Group (TMG), Ryan Anderson is joining the growing company as vice president of product.
According to TMG CEO Shazia Manus, Anderson’s global consumer insight, high-level financial experience and visionary perspective are expected to accelerate TMG’s product development and enhancement endeavors. It is a key strategic objective for TMG, which today processes more than 14 million payment transactions monthly and provides a wide range of payment solutions for financial institutions in the U.S. and Canada.
“Ryan’s high-caliber financial services experience and global outlook made him a clear choice for this executive leadership position,” said Manus, TMG CEO. “The voice of the global consumer is at the forefront of innovation at TMG. As our growing company looks to expand into new markets, Ryan’s specific experience with consumers around the globe will be incredibly valuable. As well, his energy, passion, strategic foresights and knowledge all combine to make him an ideal fit for the TMG culture.”
Anderson comes from Wells Fargo & Company, where he served in a variety of senior-level positions since joining the global financial institution in 2002, most recently as vice president of business & market strategy. As VP of product for TMG, he will oversee strategy and execution for the payment company’s product developments and enhancements. A recognized thought leader, Anderson has presented at several industry conferences and has led multiple strategy and advisory-group sessions to identify and prioritize key focus areas for product teams.
“The changing needs and perceptions of a diverse consumer marketplace are creating a seismic shift in the business world of payments,” said Anderson. “It’s is an exciting time to be a leader in the industry. Those financial institutions that recognize and evolve to address this shift will ultimately achieve the highest levels of growth. I look forward to applying the experience I’ve earned to develop and enhance payments solutions that will excite consumers of the future.”
Throughout his 10+ years of global financial institution experience, Anderson developed wide-ranging experience in both business-to-business (B2B) and business-to-consumer (B2C) strategy. Among his achievements is the leadership of program and process rollouts across 60 different lines of business while managing a team of 20 professionals across two countries. He has a proven track record of product-development and business-strategy achievement, including the 13-month turn around to profitability of a negative income foreign company. Anderson will work closely with TMG’s director of product development and leaders of various business units, as well as each of the Affiliates Management Company (AMC) sister companies and strategic partners, to ensure the highest levels of consumer-focused innovation.
“As a leader in payments innovation, TMG has many goals,” said Manus. “Chief among them is to develop a product strategy that enhances our core competencies and opens doors for TMG to explore new channels and emerging payment solutions. Ryan will be instrumental in the achievement of this strategic objective.”
Anderson holds bachelor’s degrees in accounting and finance from Cedarville University and a Masters of Business Administration from Drake University. He was named a Pew Scholar by the Pew Foundation. Passionate about politics and education, Anderson has served as an adjunct professor, a political campaign volunteer on both the local and national level, has tutored special needs students and currently serves as a board member of the Iowa Association of Christian Schools.
About TMG
The Members Group (TMG) is dedicated to creating customized, technology-driven card processing and payment solutions for credit unions and community-based financial institutions across North America. Innovations in fraud management, loyalty programs, alternative payment systems and analytic reporting, and the competitive advantages they create, have helped TMG forge a new standard in offering cutting-edge credit, debit, ATM, prepaid card products and a P2P payment solution. For more information, visit www.themembersgroup.com.