All GLG News Analyses Filed Under: Transaction & Payment Processing

1.  Prepaid Market is very large with no one entity in the spotlight. 2.  First Data a major leader in merchant POS Services. 3.  Market needs consolidation fast

·         C2C is the key driver of the business.  Margin growth performance was good here probably due to the increasing reliance on international business where there is the opportunity to earn foreign exchange revenue as well as fee income. ·        ...

Brokerage firms invest in technology when they see a clear return on their investment. Those returns are typically realized in two ways, competitive advantage or lower cost. Return on investment must clearly exceed the firm’s cost of capital and pay-back is generally limited to a 24 month time frame....

Visa's IPO was the largest in history and payment companies like Global Payment Sytems (GPN) and First Data are rising along with the tide. FDC’s choice of Incomm is likely a positive indicator of things to come. Who is the next Incomm? How will the Incomm acquisition affect the valuation of payment...

Money transfer Goliath Western Union is moving to co-opt the threat posed by hybrid mobile phone/stored value card person-to-person remittances. At a minimum Western Union’s new service is a validation of remote mobile phone-based money transfer and makes it likely it will achieve meaningful market...

I think the information presented in the article is consistent with Western Union picking up market share from competitors. Despite flat U.S. revenues over 05-07 period and likely near flat revenues from the U.S. in Q108 in part attributable to the Mexican results, Western Union has gained significant...

Western Union's Q1 Earnings Report demonstrates the global breadth and reach expected from the money transfer market leader.          --Its non-US generated transactions were up 29%          --Growth in remittances...

TRM's $11 million "lifeline" from LC Capital Master Fund Ltd. helps the troubled ATM owner pay off its debts and gave TRM the seed money to acquire its rival, ATM deployer "Access to Money." When TRM acquired eFunds ATM Portfolio of 17,200 ATMs in 2004 for $150 million, TRM had over 22,000 ATMs and...

Blackstone Capital Partners V L.P. may have had a case of "buyer's remorse" with its $7.8 billion deal including the assumption of certain debt of ADS. The deal valued ADS at $81.75 a share, representing a premium of about 30% over ADS's closing price of $62.96 on 5.16.07. However, since that time ADS's...

The demand for mobile banking is growing and over the next 4-5 years, m-banking and m-payments will drive the boom in demand for wireless payments and banking. Banks, processors, card networks and mobile carriers are pushing two types of transactions with mobile devices, m-banking and m-commerce. The...