GLG News by Automated Teller Machines (ATM) Industry Experts

The demand for mobile banking is growing and Wells Fargo is leading the pack in providing m-banking solutions for its customers. Primarily, banks, processors, networks and mobile carriers are pushing two types of transactions with mobile devices, m-banking and m-commerce. The m-banking segment is expected...

Six months after M&I announced the spin-off of its payments processor Metavante, 11.2.07 serves as Metavante's intro as a spin-off from M&I under the name of Metavante Technologies (MV) and the NYSE welcomed its newest listee at the ceremonious ringing of the bell. The spin-off is a $4.25 billion...

1)  The PBGC increasing the amount of insured benefits for qualified, defined benefit plans is a normal, annual event. 2)  Ignoring the impact of this increase on firm valuation can be problematic. 3)  Financial analysts, following mature and declining industries and firms, must pay particular...

As a result of mortgage losses and an increase in title insurance claims, Fidelity National Information Services will spin-off its Lender Processing Services Unit to reduce debt and focus on its Transaction Processing  Services Unit, which will focus on financial institution customers and selling ...

TJX announced in January 2007, it had suffered an unauthorized intrusion into its wireless LANs (these networks use radio waves-RFID tech to collect and transmit data such as credit card numbers) at Marshalls in FL and later hacked into TJX's mainframe, which hosts its POS data and then led to a data...

Cardtronics goes public to raise over $306 million through its IPO and take the net proceeds of approximately $115 million to get out of debt and to seek growth opportunities for its shareholders and stakeholders. Cardtronics purchased 7-Eleven's financial services business assets for $138 million...

• The BI industry will continue to consolidate as BI specialists seek to broaden their platform capabilities while database and/or enterprise application vendors seek to acquire their own BI technology. • A vendor dichotomy consisting of BI specialists and application and/or database vendors...

Synovus' Board will decide on 10.25.07 whether to spinoff TSYS as a standalone company. While TSYS awaits the Board's decision on its fate, TSYS has reported strong 3Q07 earnings with a net income increase of 26.7% and 18.39% YTD, as a result of hard work, dedication and commitment to its customers....

• While the adoption of Windows Vista in 2007 may have been somewhat disappointing, it should accelerate in 2008. • This will be driven by business users having almost no choice but to obtain Vista when they acquire new home PCs and by Microsoft's expected Q1 2008 release of Service Pack...

India's appetite for ATMs is spurring growth in the region and to meet the unexpected demand, NCR has chosen India as its hub for marketing and distribution in the Asia-Pacific region. NCR has conducted R&D initiatives and made infrastructure investments via a new plant in Pondicherry, which will...