GLG News by Online Payment Experts

The article fails to acknowledge that banks and credit unions have been generally unsuccessful in their attempts to establish relationships with the unbanked.  It does, however, call attention to two generally unrecognized truths:  productive use of financial services is the gateway to...

Citibank announced that it will cut back on its branch expansion strategy and may sell some recently opened branches due to high costs and/or poor results.  Any future expansion initiatives are likely to be limited to larger markets. What are the implications for Citibank's future in retail banking?...

While these is a vocal group of Internet users who want to control their online experience, the vast majority who want as few choices as possible.

If it is easy to turn a free membership into a paying subscriber, why isn't everyone doing it?  Because it's not easy.  It requires focus and risk.

RIM and Nextel both faced a limited business-only marketplace and strategized a move into the consumer market.   When Sprint merged with Nextel, they made all the wrong choices to attack this marketplace, losing a huge opportunity to leverage a powerful business brand in Nextel.  RIM Blackberry,...

Sprint is in dire straits, with a rapidly eroding core business.  This article suggests a complete refocus around their business lines and a move to creating a bold new strategy.  A new CEO helps them, as will strategic layoffs, but it is difficult to determine whether they will be able to...

2008 isn't shaping up as a good year for the mortgage industry as delinquencies hit record highs, foreclosures reach record levels, builders are faced with too much inventory and in December 2007, applications for building permits fell by 8.1%, which marked the seventh consecutive monthly decline and...

NYSE snags rival Amex for $260 million in stock to expand its "options" business, which offers higher margins than stock markets. The deal will provide NYSE with additional listings, as well as increase its scale in U.S. options, ETFs, close-end funds, structured products and cash equities. NYSE also...

 have completed 154 consultations for 67 investment firms in the past two years.  The analysts asked a lot of good questions, and none that I didn’t expect, about the performance of bank tech companies.  However, no one ever asked me about the competence of the sales force.  Not...

TD Bank (Toronto Dominion) agreed to purchase Commerce Bancorp for $8.5 billion in 2007, however, shareholder lawsuits and a suit from its former CEO and a suit filed against his wife and her design firm may be putting the deal in jeopardy. TD Bank agreed to pay a 7% premium over Commerce's closing...