GLG News by Sub-Prime Auto Lending Experts

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...

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...

1. In a rising market how much is backed by fundamentals and how much is irrational exuberance.

The rate-freeze approved and being implemented by the government is not nearly the answer to the problems facing the Mortgage Industry, or the Financial District as a whole. The problem is systemic, and the solution is only one of a bitter pill to swallow.

It is a right move by a deep pocket, well connected investment bank.Big money at last wakes to the reality of the small man.

The Euro Alliance of Payment Schemes (EAPS) has taken another step toward establishing a third pan-European card payment network. At this juncture however EAPS is still only a loose coalition of payment networks and processors, not a genuine competitor to MasterCard and Visa.

1.On the Indian sub-continent affluence and poverty have co-existed for centuries. 2.To drive economic development, incentives need to be provided to people capable of delivery.

Flush from it’s juicy settlement with Visa and Chase, Wells Fargo, CapOne, U.S. Bank and Wamu, Amex general counsel Louise Parent engaged in some chest thumping, saying a jury could make MasterCard pay for all the harm suffered by Amex due to Visa’s and MasterCard’s exclusionary rules and intimated...

In settling the Amex suit Visa has removed a huge element of uncertainty from its IPO and established a benchmark for any MasterCard settlement.

1.Life insurance is gaining popularity among Indians because of tax benefits and income protection it offers in a country where there is no social security. 2.Need for a hassle-free insurance product as majority of Indians live in rural areas.