GLG News by Online Payment Experts

You can fill in the rest of that title statement as you see fit.  The reason I am writing this analysis is because clear-thinking investment analysts believe that when banks are in trouble, they will cut back on tech spending, among other expenses.  That’s a logical position to take, at least...

In November 2007, Wal-Mart de México (WMT) opened its first consumer bank, Banco Wal*Mart, in Toluca – an industrial town near Mexico City. The company plans to launch 80 more branches by the end of 2008. Will this initiative be successful? Will the established Mexican banking community suffer...

eBay has angered many of its sellers recently, and some are moving off the site as a result, or at least going out "on strike." Competitors like Amazon are gaining, and that's not in question. But the majority of eBay sellers are sticking with eBay despite all the media attention given to this...

The "Investors" (Thomas Lee Partners & Goldman Sachs) will provide MoneyGram, the 2nd largest non-bank money transfer owner/operator with the capital to strengthen its balance sheet in exchange for a 63% equity stake. MoneyGram was approached by Euronet Worldwide in December 2007 with an unsolicited...

eBay had better start reacting to its sellers concerns It's conceivable that Amazon will eat its lunch one day Can the company regain a semblance of its former stature?

In 2007, over 150 million migrants worldwide sent more than $300 billion to their families in developing countries, which is up from $268 billion in 2006. Citi acquired PayQuik in January 2008 to expand its remittance offerings and to gain a greater share of the growing remittance market. It's a success...

Two years ago, I saw a list of opinions regarding his/her/their “own grandiose challenge to the industry.”  In my opinion, it was more like an in-your-dreams list, so I saved it to see if a couple of years would produce any kind of change close to the dream.  The short answer is, it would...

Yahoo is in a good and a bad position.  The good position is that they have multiple suitors already -- Microsoft, News Corp, and Google (in a way) -- and might get more, driving up the offer price.  The bad news is that they've already seen AOL go down the road of a failed merger with Time...

Ingenico wants to acquire Hypercom for $332 million but Hypercom's impending acquisition of Thales e-Transactions business unit could be a "deal breaker." Hypercom's shares shot up 30% on 2.11.08 on news of  Ingenico's offer to acquire Hypercom. Ingencio is offering a 59% premium on Hypercom's...

Bank of America, Chase, Citigroup, Countrywide Financial, WAMU and Wells Fargo are the mortgage lenders who have teamed up with Treasury Secretary Paulson and HUD to provide borrowers facing foreclosure with a reprieve through "Project Lifeline," as mortgage delinquencies climb to over $200 billion....