All GLG News Analyses Filed Under: Transaction & Payment Processing

From an equity holder standpoint a lot can go wrong with the payment processor’s LBO and enterprise value creation. However, for debt holders near-term risks are modest.

1. A hugh loan package Of over 16bn is EXPECTED to be sold to Investors. 2.Highly-leveraged Finanacial activity is exceptionally difficult with the marketplace in complete turmoil. 3.Covenants, Conditions and Concessions for the transaction appear to be unlikely. 3.Higher Interests rates and payments...

Immigrant advocacy groups raise valid issues regarding Western Union. Significantly higher remittance fees  and an underinvestment in the immigrant community are the reasons for the boycott. Beyond the boycott advocacy groups should identify and promote remittance alternatives to Western Union,...

Bubbles always end by bursting and someone gets hurt. This is the self-regulating aspect of capitalism. The investment banks are not victims, unless it's victims of their own greed. They are going to take a major hit to their earnings and will have to bring a lot of the loans onto their books....

It is alrealy apparent that immigrants are changing the face of America.  There will be no area untouched.   Personally, I feel you will always pay more for convenience.  As stated in the article, Western Union is more convenient than any other money transfer.  Yes, the boycott...

Brazil's Redecard, a credit card processor and merchant acquirer is set to complete its IPO next week. The company is jointly owned by Citibank Brazil, Banco Unibanco, and Banco Itaú - the largest private bank in Brazil. The IPO is set for 140.8 million shares with an additional 35% in a greenshoe....

This announcement has been a long time in the making for both ACI and IBM. ACI's Base 24-eps fills a large solution hole in the IBM partner directory. Is this a big deal or not? Who are likely to be the winners and losers from this partnership? What is the impact of this announcement on banks?

With ACI and IBM in collaboration, what will happen to the sub sector competitors.

with unemployment set to rise rapidly over the next 6-9 months in the US, depsite what I expect to be on and off balance sheet fiscal stimulus fomr DC and Bernanke ultimately disregarding concerns over "moral hazard" nd cutting rates--there is likely at best to be no growth or negative drawdowns in...

The barriers to entry will increase in regards to the cost of investment for technology and infrastructure needed in order to create scale and drive costs down. Similar to the piece of business Fiserv sold off to National Financial the squeeze on transaction prices in the market continues to drive consolidation...