GLG News by Automated Teller Machines (ATM) Industry Experts

HaiPeng (Ben) ZHUCo-Founder and CEOHandBlue PrePaid

Something Is Better Than Nothing: Yahoo and Alibaba’s New Deal

July 31, 2011

Analysis of:Yahoo, Alibaba, Softbank come to agreement | councils.glgroup.com

NEW YORK — Yahoo Inc (NASDAQ:YHOO)., Japan's Softbank Corp (TYO:9984). and the Chinese Internet company Alibaba Group have agreed on a compensation plan involving the Web payment service AliPay.Under the agreement, Yahoo Inc., Softbank Corp. and Alibaba said that Alibaba — and thereby its shareholders — will continue to participate in Alipay's future financial performance. If Alipay goes public or is otherwise liquidated, Alibaba will get at least $2 billion and up to $6 billion.

HaiPeng (Ben) ZHUCo-Founder and CEOHandBlue PrePaid

Something Is Better Than Nothing: Yahoo and Alibaba’s New Deal

July 29, 2011

Analysis of:Yahoo, Alibaba, Softbank come to agreement | online.wsj.com

NEW YORK — Yahoo Inc., Japan's Softbank Corp. and the Chinese Internet company Alibaba Group have agreed on a compensation plan involving the Web payment service AliPay.Under the agreement, Yahoo Inc., Softbank Corp. and Alibaba said that Alibaba — and thereby its shareholders — will continue to participate in Alipay's future financial performance. If Alipay goes public or is otherwise liquidated, Alibaba will get at least $2 billion and up to $6 billion.

Ronald IngramDirector of Product ManagementADVANCE AMERICA, CASH ADVANCE CENTERS, INC.

Bank of Innovation: What would it look like to you? Part II

July 24, 2011

Analysis of:A New Bank and Bank Model: A Bank of Innovation: What would it look like to you? | by.optimost.com

Continuing from my prior post of the future of banking and bank innovation...P2P lending may be the next big thing in banking; however, the business model and platform introduced by Zopa and Prosper, even though copied by more than forty companies around the world, (http://www.glgroup.com/News/The-P2P-Lending-Landscape-51458.html) is not workable for banks in its current form.    

Ronald IngramDirector of Product ManagementADVANCE AMERICA, CASH ADVANCE CENTERS, INC.

A New Bank and Bank Model: A Bank of Innovation: What would it look like to you?

July 22, 2011

Analysis of:A New Bank and Bank Model: A Bank of Innovation: What would it look like to you? | www.gplus.com

The bank of the future looks like no bank at all. A convergence of emerging technologies, as follows, will enable a future form of bank that will be a bank in name and regulation only. The bank of the future looks like no bank at all. A convergence of emerging technologies, as follows, will enable a future form of bank that will be a bank in name and regulation only:

Howard BruckChief Information OfficerHUDSON VALLEY BANK

S1 and Fundtech, The Latest Bank Tech Consolidation

July 14, 2011

Analysis of:CORRECT: Fundtech Agrees To S1 Merger In Deal That Values Co At $318 Million | online.wsj.com

Clearly, bigger is an advantage for bank tech providers. With Fiserv and FIS as the two 800 pound gorillas, the small and mid-tier players need to successfully consolidate to thrive. There is probably room for a third gorilla, and not many good reasons for keeping around the small chimps.

HaiPeng (Ben) ZHUCo-Founder and CEOHandBlue PrePaid

Ebay in China: neither fish nor fowl

June 7, 2011

Analysis of:PayPal terminates partnership with Alibaba | news.yahoo.com

Online payment giant PayPal has announced it will be ending its year-long partnership with AliExpress, the wholesale goods service of China’s Alibaba that is aimed primarily at businesses and corporations. PayPal gives no reason for ending the relationship, but industry reports have the company unhappy with the amount of goods AliExpress is retailing directly to consumers rather than businesses.

HaiPeng (Ben) ZHUCo-Founder and CEOHandBlue PrePaid

Ebay in China: neither fish nor fowl

June 6, 2011

Analysis of:PayPal terminates partnership with Alibaba | news.yahoo.com

Online payment giant PayPal has announced it will be ending its year-long partnership with AliExpress, the wholesale goods service of China’s Alibaba that is aimed primarily at businesses and corporations. PayPal gives no reason for ending the relationship, but industry reports have the company unhappy with the amount of goods AliExpress is retailing directly to consumers rather than businesses.

David ColeDirectorChelgate Systems Ltd

EMV Smart Cards and the US Market

May 19, 2011

Is EMV coming to the US with all this means. Spend on terminals, ATM, payments software, processing facilities, fraud services, security systems and retail banking systems to name a few. Impacting companies such as, all of the banks, VeriFone, Hypercom, Ingenico, NCR, TSA, First Data etc:

HaiPeng (Ben) ZHUCo-Founder and CEOHandBlue PrePaid

Another game of Jack Ma: Alipay Restructuring and Yahoo stock price

May 12, 2011

Analysis of:Yahoo shares slide on Alipay restructuring (Reuters) | www.usnewsweekly.info

NEW YORK (Reuters) – Yahoo (YHOO.O) shares fell as much as 8.6 percent on Wednesday after the controller of Alibaba Group, which includes China’s largest e-commerce company Alibaba.com (1688.HK), took full control of Alipay, a Chinese online payment business.

HaiPeng (Ben) ZHUCo-Founder and CEOHandBlue PrePaid

Ecommerce Charging Case in China: Taobao, Tmall, Alipay and Alibaba.com--Part 2

May 11, 2011

Analysis of:Ecommerce Charging Case in China: Taobao, Tmall, Alipay and Alibaba.com--Part 1 | councils.glgroup.com

Alibaba Group’s charging system is systematic and sophisticated. It can be divided into three parts: Taobao (C2C), Tmall (B2C), Alipay (as payment solution) and Alibaba.com (B2B). Along with its business booming, some of the types and rates are gone and some are coming, and surely others changing every year. By observing this dynamic process, we at least could get some clue about this ecommerce giant in China: where they are and where they are heading to.

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