What is TGA?

Targa dates to 1984 and refuses to die, because game engines and 3D packages standardised on it for textures and never had a reason to move. It keeps an alpha channel, optionally compresses runs of identical pixels, and is simple enough that every tool reads it.

What is TIFF?

The format print shops, scanners and archives run on. Lossless, capable of holding several images in one file, and old enough that everything in that world reads it. Files are large, which nobody in print has ever minded.