All GLG News Analyses Filed Under: Transaction & Payment Processing

Check image volume continues to shatter year-over-year records and check imaging/exchange could save banks $2 billion annually by reducing transportation costs, reducing float time, check fraud and check processing costs. Image exchange networks such as SVPCO, Endpoint Exchange, ECCHO, Fiserv and the...

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

With excess cash from the seperation, what are the possible acquisition opportunities for Metavante.

NCR spun-off Teradata which resulted in a net income loss of  63% without Teradata's earnings included, however, NCRs EMEA and Asia-Pacific ATM sales division attributed to a 17% sales increase in 3Q07. NCR categorizes its ATM sales into four segments: 1. the Americas - which accounted for 49%...

Russia is the largest ATM market in the Central & Eastern Europe region with over 37,000 ATMs deployed. In 2006, Russia experienced an increase of 32% in installed ATMs compared to 2005. Russia, Ukraine and Poland represent two-thirds of the region's installed ATMs. For the last six years Russia...

The demand for mobile banking is growing and Wells Fargo is leading the pack in providing m-banking solutions for its customers. Primarily, banks, processors, networks and mobile carriers are pushing two types of transactions with mobile devices, m-banking and m-commerce. The m-banking segment is expected...

Six months after M&I announced the spin-off of its payments processor Metavante, 11.2.07 serves as Metavante's intro as a spin-off from M&I under the name of Metavante Technologies (MV) and the NYSE welcomed its newest listee at the ceremonious ringing of the bell. The spin-off is a $4.25 billion...

*  Western Union will acknowledge the importance of the Latin community as a function of this boycott, and may improve the public face of its community reinvestment policy, but is unlikely to substantially change its operating model. *  With growth in the Mexican remittance market slowing...

Building a two-sided payment network from scratch is a formidable undertaking. Absent a compellingly better value proposition taking share from entrenched incumbent payment networks is well nigh impossible. Revolution’s $50 million, basket of interesting ideas, and ample ambition are unlikely to cohere...

TJX announced in January 2007, it had suffered an unauthorized intrusion into its wireless LANs (these networks use radio waves-RFID tech to collect and transmit data such as credit card numbers) at Marshalls in FL and later hacked into TJX's mainframe, which hosts its POS data and then led to a data...