All GLG News Analyses Filed Under: Transaction & Payment Processing

Cardtronics net loss is due in part to higher depreciation expenses associated with additional ATM deployments in the United Kingdom and Mexico, as well as startup costs for its in-house transaction processing operation and expenses associated with strengthening its bank branding marketing program....

Brazil is fueling ATM growth in the Latin American region and over the next three-four years Brazil will add to its installed base of ATMS, which will push Latin American ATM growth from 173,880 ATMs to over 231,075 ATMs by 2011. Brazil touts the largest number of ATMs in Latin America and from Mexico...

- The price of an acquisition is only part of the algorithm. Value is more important. - The bargains have all but disappeared, and it is now a seller’s market. One pays the going price to keep the growth momentum going - Fiserv is a long term player with a value-add factor applied to every...

Fiserv is buying CheckFree in an all-cash deal. At$4.4 billion, the $48/share price is about 30% over CKFR's recent stock price. However, a year ago CKFR had just hit an all-time high of $56/share. Fiserv describes this deal as transformative - what does that mean? And, did CKFR get a good price?

In this article Obopay is credited for impacting Western Union's share price. Obopay is one of many newer less expensive means of transferring funds domestically or internationally. Other emerging competitors spanning email/computer money transfer, mobile and ACH based services include: Xoom; Ikobo;...

Large bank core conversions in the U.S. - Lottsa talk, little action • Even though large banks realize their legacy systems are old and tired, they don’t have options that are risk-free. • The bank tech vendors with advanced architecture are big internationally (i-flex solutions, Infosys...

TRM reported 1Q07 losses as it tries to dig itself out of the whole it dug through acquisitions, growing too fast and paying too much for ATM portfolios. TRM's troubles began in 2004, when it acquired the eFunds portfolio of 17,000+ ATMs for $150 million. However, of the 17,000+ contracts, approximately...

U.S. banks are imaging more than 10 million checks daily and that number is growing exponentially as banks and credit unions make  investments in check imaging, no-envelope deposit technology and integrate it into their daily processing. Bank of America has rolled out check imaging and no-envelope...

Synovus 2Q07 net income rose by 6.5% as the company's growth was fueled by TSYS' strong performance during the qtr and first six months of the year. However, Synovus is mulling over whether or not to spin-off TSYS. TSYS 2Q07 performance was robust with internal revenue growth of 12% and international...

Although open-loop prepaid cards will grow at a 36% CAGR by 2010, closed-loop prepaid cards transaction volumes has surpassed open-loop cards since the 1990s. In 2006, consumers spent over $29 billion in prepaid closed-loop cards and 53% spent more than the cards value. This trend is shifting as consumers...