All GLG News Analyses Filed Under: Transaction & Payment Processing
Posted February 16, 2007
Corillian Brings the Technology CheckFree Needed to Compete
Analysis of: CheckFree Announces Agreement to Acquire Corillian Corporation | www.techweb.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Corillian Brings the Technology CheckFree Needed to Compete
Analysis of: CheckFree Announces Agreement to Acquire Corillian Corporation | www.techweb.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:CheckFree beat out other suitors and emerged as the top bidder to acquire Corillian Corporation. The deal heated up a few weeks ago when Intuit, one of Corillian's top competitor's entered the field with the completed acquisition of Digital Insight, the online banking services...
Posted February 16, 2007Bank Tech Vendors are Reactionaries
Analysis of: Top Trends Impacting Bank Technology for 2007 | www.bankersonline.com
Author: Art Gillis, President Computer Based Solutions, Inc.
More appropriate Bank Tech considerations for 2007: - not optimistic about bank tech growth - consider main growth driver for bank tech to be weak in-place technology- skeptical on vendor consolidation causing growth- slow to adopt new technology
Posted February 7, 2007
NCR Receives India's Largest ATM Order for 3,000 ATMs
Analysis of: State Bank of India orders 3,000 NCR ATMs | www.atmmarketplace.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
NCR Receives India's Largest ATM Order for 3,000 ATMs
Analysis of: State Bank of India orders 3,000 NCR ATMs | www.atmmarketplace.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
NCR reels in a multi-million dollar deal with the State Bank of India and the deal is India's largest ATM order for 3,000 ATMs. State Bank of India (SBI) Group has an ATM Network of 5,300 ATMs and owns 30% of market share in India and the addition of 3,000 new ATMs will allow SBI to launch more...
Posted February 6, 20072007 Bank Tech Outlook
Analysis of: Financial Firms Use Software Tools to Reduce Risk, Comply with New Regulation | www.banktech.com
Author: Art Gillis, President Computer Based Solutions, Inc.
2007 Technology, the year of the bittersweet. Bitter for vendors, sweet for financial institutions.• Tech vendors will have a tough time finding new things to sell.
• Large banks will still be the big spenders because “big technology” is never finished, and it gets more complex every year....
Posted February 2, 2007
Check 21 Redo: Merging Check & ACH Too Complicated Says Check-ACH Coalition
Analysis of: Check-ACH Coalition Gives up on Ambitious Plan for Check Processing | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Check 21 Redo: Merging Check & ACH Too Complicated Says Check-ACH Coalition
Analysis of: Check-ACH Coalition Gives up on Ambitious Plan for Check Processing | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:The Check-ACH Coalition, which originated with four founding coalition members Wells Fargo, Chase, Bank of America and Zions, to address industry challenges and opportunities that are driving the need to develop a new process for settling remaining paper check transactions, speed up...
Posted February 2, 2007
To Grow Outside E-Auctions PayPal Must Challenge MasterCard and Visa on Their Own Turf
Analysis of: PayPal’s off-eBay Push Hits a Wall After Months of Steady Progress | digitaltransactions.net
Author: GLG Member Program Contributor
Analysis of: PayPal’s off-eBay Push Hits a Wall After Months of Steady Progress | digitaltransactions.net
Author: GLG Member Program Contributor
PayPal has an enormous opportunity to expand its payment network business in the electronic commerce space and ultimately at the physical POS. To do so it needs to step up its game, adding more compelling subscriber benefits relative to traditional payment systems, and partnering to expand issuance...
Posted January 31, 2007
Adoption of Check Imaging/Exchange Has Been Slow But Growth Will Occur in 2007
Analysis of: 2007 Will Be Year of Image Exchange as Banks Accelerate Check Electronification | www.prnewswire.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Adoption of Check Imaging/Exchange Has Been Slow But Growth Will Occur in 2007
Analysis of: 2007 Will Be Year of Image Exchange as Banks Accelerate Check Electronification | www.prnewswire.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:The Check Clearing Act for the 21st Century (a.k.a. Check 21), has been in effect for more than two years and is designed to simplify check processing to allow banks to reap the benefits of 100% electronic check processing. Check 21 was enacted to minimize economic loss and financial...
Posted January 30, 2007TJX Data Breach: Big Numbers often Belie the Real Story
Analysis of: Full Text Of TJX Statement About Data Breach | storefrontbacktalk.com
Author: Bruce Cundiff, Research Director Javelin Strategy & Research Inc.
-The probability of becoming an identity fraud victim as a result of a data breach is relatively minimal
Posted January 30, 2007PayPal’s Struggle for “Off-eBay” Volume
Analysis of: PayPal’s off-eBay Push Hits a Wall After Months of Steady Progress | digitaltransactions.net
Author: Bruce Cundiff, Research Director Javelin Strategy & Research Inc.
-PayPal indicates 36% transaction volume coming from non-eBay transactions for Q4 ‘06-PayPal will never get to the levels of off-eBay volume unless it provides some inherent value to all of the stakeholders—merchants and/or individual sellers, account holders, and everyone in between-PayPal needs to...
Posted January 25, 2007
NCR Inked Deals With China's Largest Banks For 5,600+ ATMs
Analysis of: NCR secures orders for more than 5,600 ATMs from China | www.atmmarketplace.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
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of 290NCR Inked Deals With China's Largest Banks For 5,600+ ATMs
Analysis of: NCR secures orders for more than 5,600 ATMs from China | www.atmmarketplace.com
Author: Kamala Worthington, Former VP, Marketing Product Manager Bank of America Corporation
Key Implications:The Agricultural Bank of China, Bank of China, China Construction Bank and Industrial & Commercial Bank of China all inked deals with NCR in 2006, which is expected to be completed by 4th Quarter 2007, and helps NCR sustain and grow its market share in the region.1. NCR and...
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