GLG News by Fidelity National Information Services Experts

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...

Countrywide's Home Loan Unit is under scrutiny by the IL and CA Attorney Generals regarding its loan origination practices. The SEC is also investigating Countrywide's CEO, Angelo Mozilo, who made significant stock trades before Countrywide's stock took a nose dive this year. Countrywide's shares has...

e-Payments growth accounted for over 66% of all noncash payments in 2006, contributing to the decline in check volume annually,  since 1995 when approximately 49.5 billion checks were paid. Approximately 30.6 billion checks were paid in 2006 with a value of $41.7 trillion, down from 37.3 billion...

Choppy markets may have led to Cardtronics shares falling more than 10% in its IPO debut on 12.11.07. Shares fell as low as $8.33 a share and never made it pass its $10 per share offering on 12.11.07. Based on the reduced size and price of its IPO, Cardtronics market cap is approximately $385 million....

Blackhawk Network is the gem within Safeway. It’s well established within the still adolescent prepaid-card-distribution industry, enjoys a network effect, and because of better operating margins and growth prospects deserves to command a much richer valuation multiple than its grocery parent. If however...

IBM and Cisco both experienced a major slowdown in IT spending from the US financial services sector in their most recent quarters. Five months after the start of the sub-prime meltdown, many believe that financial stocks’ fundamentals could still get worse. This will translate into lower IT spending...

EC Competition Commissioner Neelie Kroes is inviting and giving license to national card payment networks to carve out competitive roles for themselves in an integrated European card payments market. To the extent they do, MasterCard’s and Visa EU’s growth opportunities will be diminished. It is increasingly...

- Is VeriFone's recent financial debacle endemic or a fluke? - Who's to blame? - Will it happen again? - Is the firm's business fundamentally sound?

Potential Lawsuits, repurchase demands and flawed collateral documentation will cause many more problems than the intended solution will solve. The limited nature of the eligible loans will be far less than the 1,000,000 loans identified by the administration. The parties making the agreement do not...

TJX's data breach stretched from the U.S. to Canada and as far as the Ukraine, when one of the ring leaders was arrested for his role in TJX's data card breach. Reports first surfaced that more than 45 million cardholders had been affected, however, after Visa's investigation, the number more than doubled...