Replies to post #40848 on World Surveillance Group Inc (fka WSGI)

[DonG]

Nice find, pokestake.

It looks like it could affect FSS plan to roll out their own ATM's and thereby also affect GTE through their involvement with them.

However, as per the Nov. 2005 PR ( http://findarticles.com/p/articles/mi_m0EIN/is_2005_Nov_9/ai_n15786374 ) FSS also provides services to Indian banks. So since these ATM's are operated by banks, they should not be affected and thus I would think GTE and FSS would still be able to go ahead with the "launch".

Again thanks for the find. It's good to read something useful amongst all the bickering!

AMHO.

Don

[crashtestsuperstar]

It's just competitive nature playing out between the threatened existing bank branches and the white-label transaction providers in the ATM space. There's nothing the banks can do to stop the ATM's from being set-up, nor would anyone force companies like FSS to partner with a banking entity in order to force co-branding.

Technically though, someone like FSS could easily co-brand with a branch to offer ATM services to those bank customers. So in reality, companies like FSS do indeed carry the upper-hand in elegance in their model, because they have the capacity to kill two birds with one stone.

This is why the banks are having their little anti-competitive freak-out. It's kind of like the telcos going to Congress to attempt to lock in their ground infrastructure, because they feel threatened by wireless.

Nothing stops progression at the end of the day. Either partner, or die. The reality is, that even if Globetel isn't the one to do it - someone will. And the telcos and the banks will be left in their own little world wondering why they didn't partner until it was too late.

[nerd86]

poke good find. This probably a part of the FSS rollout problem. No way of knowing without a deeper analysis of the banks respone to requests for sponsorship.