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All GLG News Analyses Filed Under: Transaction & Payment Processing

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Posted October 17, 2007
Search providers are not a near-term competitive threat to the credit card and payments industry
Analysis of: Overshooting the Target: Why Buying Online is Gaining on the Credit Card Business | www.deloitte.com
Author: GLG Member Program Contributor
While the credit card and payments industry would benefit from more innovation and competitive verve, search providers are not a near-term threat.
Posted October 17, 2007
Internet banks will benefit from ATM fees push
Analysis of: Will ATM fees push consumers to Internet banks? | www.atmmarketplace.com
Author: GLG Member Program Contributor
It is true that ATM fees increase will lead customers for more frequent use of Internet Banks services. There are following pros for this statement: - customers are more flexible with using their time and location (24/7 concept plus transactions are available from any place on earth with...
Posted October 16, 2007
Regulatory mandarins rap Visa’s knuckles to cow greater compliance
Analysis of: The European Commission has fined Visa 10.2m euros ($14.4m; £7m) for blocking Morgan Stanley from joining its European credit card payment network. | news.bbc.co.uk
Author: GLG Member Program Contributor
The regulatory mandarins conjured an improbable counterfactual that Morgan Stanley aspired to and would become a force in pan-European acquiring to justify fining Visa. They aim to cow the two pan-European card payment networks to a more compliant attitude as SEPA unfolds.
Art Gillis Posted October 10, 2007
Signs of entrepreneurship are appearing in the bank tech world
Analysis of: Diebold Releases Innovative ATM Depository Technology | www.bobsguide.com
Author: Art Gillis, President Computer Based Solutions, Inc.
Bank Technology has seen an expansion in new technology that has been built on old technology. It is not just the bigger organizations but the smaller entrepreneurs that are in the running.
Mark Mariotti Posted October 9, 2007
Credit Cards optional to online payments...
Analysis of: Overshooting the Target: Why Buying Online is Gaining on the Credit Card Business | www.deloitte.com
Author: Mark Mariotti, CEO Future Management Holdings Inc
FULL DISCLOSURE (our holding company privately owns online properties which utilize PayPal, GOOGLE and Credit Card payment processing) 1) brick & mortar stores NEED swipe, online currently does not 2) credit cards are merely one option for the online buyer  
Posted October 4, 2007
Understanding How Remittance Market Fundamentals Will Affect Remittances and Banks
Analysis of: Mexico sees recovery in migrants’ remittances. | www.ft.com
Author: GLG Member Program Contributor
Worker remittances constitute a critical flow of foreign currency into Latin America and the Caribbean. Remittances exceeded US$58 billion in 2006, greater than the total value of development fund inflows to the region. In at least six countries, remittances account for 10 percent of GDP. The market...
Posted October 4, 2007
Is m-Banking and m-Payments the Next Payment Application Vying For Market Share in the U.S.?
Analysis of: US Mobile Banking Numbers to Hit 21.27 Million by 2010 | www.finextra.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
m-banking is expected to grow exponentially over the next few years and financial institutions, payment processors, MNOs (Mobile Network Operators), merchants, card networks and service providers are still hashing out how to fix a fragmented infrastructure in the U.S and determine which technology (NFC-Near...
Posted October 3, 2007
Discover's Merchant Acquiring Deals Cover 90% of the Market Transaction Processing Volume
Analysis of: Wells Fargo and Discover Sign Merchant Acquiring Agreement | www.datamonitor.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Discover Financial Services has signed three more merchant acquirers in 3Q07, which means Discover has access to more than 90% of U.S. transaction processing volume, with deals from Chase Paymentech, BA Merchant Services and most recently Wells Fargo Merchant Services and Discover is closing in on 100%...
Art Gillis Posted October 3, 2007
With Three Months Left to Score Some Big Sales, Will Bank Tech Vendors Have a Banner 2007?
Analysis of: Grupo Santander Selects Microsoft Technology for Its Enterprise Payments Infrastructure | money.cnn.com
Author: Art Gillis, President Computer Based Solutions, Inc.
I don’t think so. And here are the reasons
Posted September 20, 2007
To ATM or not To ATM, that is the questions that I ask of thee?
Analysis of: Cardtronics Plans IPO | www.forbes.com
Author: GLG Member Program Contributor
Cardtronics is taking a huge step in the right direction to improve its P & L, balance sheet, and income statements. However, diversification is going to be essential in its growth and stockholders retention. Many companies believe that going public is a great feat but it does have its drawbacks....
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