All GLG News Analyses Filed Under: Transaction & Payment Processing

This portrays a falsehood that this is about the credit markets when we all are aware that the majority of states (if not all) have recently turned their backs on Diebold's crappy electronic voting machines. California dumped them, like so many others. Now there's no need for all the contracts...

2006-2007 has been a transition period for Diebold as it completes an investigation by the SEC and DOJ based on its "bill and hold" method of reporting revenue, which meant a sale was recorded and ownership was given to a customer, however, delivery didn't occur until a later period. After the Office...

From 1969-1996 ATMs were owned exclusively by banks and in 1996, the major networks Plus and Cirrus lifted their ban on surcharging and since that time three trends have emerged: 1. banks began "double dipping," charging a surcharge fee for non-customers and charging their own customers' a "foreign...

Citigroup (NYSE: C) seems to understand the importance of adjusting to the ever changing consumer and corporate base that wants to send money “home” in a secure, efficient manner.  Their growth through acquisition of remittance service companies and helps to create a solid hold as a leader in the...

Three conditions affecting the banking business seem quite real and have already become visible in the form of poor earnings reports from the giants  -  losses in investment banking, the credit crunch and subprime mortgages.  So it’s natural to look to the left and right for other industries...

Implications: 1.Major thrust in building customer membership. 2.It is expected that the service will provide real-time savings and credit card information. 3.Security of access is a major challenge. 4.The development of a financial platform for delivery of payment services. 5.Customerization will be...

 have completed 154 consultations for 67 investment firms in the past two years.  The analysts asked a lot of good questions, and none that I didn’t expect, about the performance of bank tech companies.  However, no one ever asked me about the competence of the sales force.  Not...

Metavante's purchase of Nomad Payments for $58 million shores up its plans for a big international push through its Prepaid Solutions Division, with an international push in Europe, Asia-Pacific, the U.K. and other countries to go after its share of the prepaid cards transaction volumes growth. Metavante...

Banks and payment processors need to develop expertise to identify and support virtual world transactions. Banks need to manage virtual risk because it involved real growth and real losses.

Overall ATM and "advanced function" self-serve banking kiosks, capabilities, and transactions will continue to grow rapidly worldwide, albeit more slowly in developed markets such as the United States.  Major under-developed markets including China, Russia, and India are adding devices rapidly.  ...