GLG News by Automated Teller Machines (ATM) Industry Experts

James Cayne stepped down as CEO to pass the baton to Alan Schwartz, who believes Bear Stearns faces some risks and sits in a comfortable position, however, the new CEO may be downplaying the possibility of further write downs. In November 2007, Bear Stearns said it would write down approximately $1.2...

Grant Kvalheim, BarCap's Co-President becomes the latest victim resulting from write downs related to subprime mortgage investments in the U.S. and leveraged loans. Kvalheim was responsible for helping to expand BarCap's business in the U.S., however, investments in CDOs, SIVs and SIV-lites which were...

Countrywide is denying rumors that it may be filing bankruptcy in face of a sharp decline in share price of as much as 79% in 2007, a credit crunch, record level defaults and a doubling in foreclosures and current economic conditions in the U.S. Investors are jittery about Countrywide and mortgage related...

Some of China's largest banks and its largest oil company Sinopec, has placed orders for 6,000 of Diebold's Opteva ATMs for installation at local banks and fuel stations in Beijing, in an effort to provide greater access to cash and financial services at the ATM. The banks sought out Sinopec because...

● The release of a Windows Update patch that potentially crashes Internet Explorer 6 is a major faux pas for Microsoft.  ● As with all software, IT organizations need to thoroughly test any Microsoft patches prior to allowing them to be installed on users' PCs.  ● Microsoft should have reacted...

The UK's Government has asked Goldman Sachs to find new financial backers who are prepared to back a private sector solution and put together a financing package to rescue Northern Rock. The two rival bidders, Virgin Money and Olivant's funding problems may jeopardize their proposals because lending...

The introduction of Check 21 in 2004, has dramatically changed the payments landscape. Check 21 eliminated the legal barrier that had required the paper check for clearing and settlement and brought the capability for a digital image copy of the check to be the legal equivalent of the original check....

The subject article provides some interesting insights into the upward reversal in the number of securities class-action lawsuits filed during 2007.  Given such, I thought it might be fitting to offer my personal insights into what I continue to believe is the most common, yet rarely noticed, accounting...

- Though not perfect, a number of bandwidth and technology options are available to the businesses on access to the Internet, backed by end-to-end SLAs - Access network constraints will affect the consumer Internet market, but they wont necessarily affect On Demand software or Software-as-a-Service market ...

Euronet Worldwide has made numerous strategic acquisitions over the last several years, including payment processors, prepaid companies, funds transfer and bill payment firms and money transfer firms Ria and La Nacional, so its not surprising that Euronet sees MoneyGram as an attractive acquisition...