Category Archives: Financial Services

Financial Services

PixelPlex Announced a Successful Cryptocurrency Wallet Development

New York City, NY, 2020-Sep-15 — /EPR FINANCIAL NEWS/ — A custom software development company PixelPlex informed about completing their work on Qtum Wallet – a cryptocurrency mobile wallet for Android and iOS. The wallet is able to execute multi-currency transactions and has ERC20 token support, smart contact builder, and advanced security features.

The Qtum development goals

The company shared the details about their new project – Qtum mobile wallet for Android and IOS. Their goal was to build a secure user-friendly wallet for the Qtum blockchain platform with all necessary capabilities such as Touch ID, 2FA protection, and transaction templates. UI/UX design for Android and iOS was used for simple navigation. High security was provided by Shamir’s secret encryption and iOS Secure Enclave & Android KeyStore support.

The developers commented on how exactly they managed to achieve such high security in their cryptocurrency wallet development. With the implemented client-side encryption, the Qtum mobile wallet encodes private keys and all transaction data on the client’s mobile device. The user account, private keys, and all transactions are secured before any information reaches a third-party server. The wallet app is also backed with 2-factor authentication, PIN protection, an auto-lock feature, and Touch ID / Face ID biometric authentication.

Important features for performing crypto operations

Mobile wallet development was a complex task, and in the end, Qtum wallet included all the essential features for performing crypto transactions. The wallet is integrated with the top exchanges for crypto trading, works with multiple currencies, includes support for cold-storage account recovery, QR codes leading to a payment widget, and has NFC support to streamline payments. The client will also get notifications about completed transactions and exchange rate changes.

As a result, Qtum wallet from PixelPlex became an easy-to-use, but yet a powerful tool for multicurrency management and tamper-proof peer-to-peer transactions.

Via EPR Network
More Financial press releases

CoapTech Raises $7 Million in Series B Funding Led by Hunniwell Lake Ventures

Baltimore, MD, 2020-Aug-28 — /EPR FINANCIAL NEWS/ — CoapTech LLC (Baltimore, MD), a leading medical device start-up pioneering the world’s first and only ultrasound-based feeding tube placement system, announced today the closing of a Series B investment of $7 million led by Palo Alto-based medical device venture capital firm Hunniwell Lake Ventures. The financing will be used to fund CoapTech’s commercialization of its FDA-cleared PUMA-G System.

By simplifying gastrostomy procedures to the point where they can be conducted at the patient’s bedside with ultrasound, hospitals using PUMA-G benefit by freeing up surgical suites and personnel resources for COVID and other clinical priorities, minimizing cross-contamination, and improving efficiencies in care.

CoapTech was founded by critical care physician Dr. Steven Tropello and clinical innovation researcher Howard Carolan, to reduce unnecessary delays, harm, and costs for feeding tube placement, a vital therapy for millions of patients each year around the world.

Howard Carolan, CEO and Co-Founder, states: “We have been receiving fantastic feedback from hospitals in our initial launch program, which are using the PUMA-G System to revolutionize feeding tube placement. By using ultrasound at the patient bedside, rather than the conventional approach of orchestrating expensive and inefficient consults, critical care physicians are completing these procedures in minutes, on the same shift a feeding tube is first indicated. We’re seeing early indications those efficiencies result in patients leaving the ICU sooner, which saves hospitals many thousands of dollars per admission. A substantial portion of this new funding is from physicians who have seen the device and believe it can become the new default method for feeding tube placement.”

Dr. Steven Tropello elaborates, “the PUMA-G System is proving itself ready for standard-of-care adoption for safe and timely gastrostomy tube placement. It is also proving a powerful approach in the fight against COVID, by completely eliminating transport of patients, team members, and reprocessed tools throughout the hospital in favor of a sterile, disposable, bedside solution. I am also very excited about other clinical applications of the PUMA platform we are developing and aim to have for patients in the near future.”

This Series B investment was led by Hunniwell Lake Ventures, a Palo Alto-based medical device venture capital firm.

Daniel Teo, Managing Partner at Hunniwell Lake Ventures, further states “Coaptech’s PUMA System has the potential to transform gastrostomy and many other surgical procedures by allowing them to be performed using ultrasound at the bedside, in hospitals, ambulatory centers, skilled nursing facilities, and LTACHs (Long-term Acute Care Hospitals). This also benefits patients by bringing the procedure closer to the Point-of-Demand (PoD) and giving them more options with a larger community of medical providers capable of performing the procedure.

Media contacts:

CoapTech
info@coaptech.com
www.coaptech.com

Hunniwell
info@hunniwell.com
www.hunniwell.com

Via EPR Network
More Financial press releases

TABS Score™ adds TABS | EU Assessment to their Diligence-as-a-Service (#DaaS) platform

MOUNTAIN VIEW, Calif., United States, 20-Jul-2020 — /EPR FINANCIAL NEWS/ — TABS Score™ has just deployed their newest addition to the suite of products available on their Diligence-as-a-Service (DaaS) platform – TABS | EU Assessment, (available in both Lite and Suite versions). The rollout was strategically timed to complement the rapidly increasing requests by TABS’ existing European (and those that focus on Europe as a market) customers, as there are quite a few differences in terms of rules, processes, and regulations that European ventures face differently than US-based startups. The new model entails the addition of several nested decision trees to augment the already-powerful nucleus of the Machine Learning algorithm, as well as a new ESG, regulatory, and analytics sections to properly address the differences between American and European resources, financing, policies, accounting practices and more. The EU version of the Assessment will mirror the US Assessment in functionality and output but will provide comparative analytics between them and their counterparts on the global market and allow companies to complete the Assessment in a language of their preference.

Mayflower Ventures, a micro-fund being formed by Wall Street Veteran Marshall Sterman, has already made the decision to integrate a Diligence-as-a-Service as part of their investment process which pitching to investors for the fund.

“Both the committed and prospective LPs love the fact that instead of asking for higher management fees to hire an analyst team in house, we are making smart lateral decisions to use a powerful software like TABS to strengthen and accompany our own internal diligence processes,” Sterman says.

As TABS expands to Europe and subsequently, their footprint across the globe, they will soon be modifying the assessment to meet the needs of ventures in other venture hotspots as well, the APAC region being the first. The comprehensiveness and ever-evolving nature of the TABS Score and its customizable solutions has made the Fin-Tech company one of the most sought-after Diligence-as-a-Service providers, with accolades coming from founders, investors, accelerators, and consultants (legal, accounting, fundraising, etc.)

TABS has already gained significant traction in the US markets, partially attributable to the Covid-19 virus and the cancellations of physical meetings. Engineered by successful serial entrepreneurs and veteran seed investors, the TABS Suite, which includes the TABS Score & Valuation assessment, has helped investors assess the viability of a business, significantly augmenting their diligence process in a fraction of the time and cost. Early-stage companies on the other hand increase the probability of attracting the attention of a potential investor by proactively going through the process.

SOURCE: EuropaWire

ANCOM authorized RCS & RDS S.A. to apply a surcharge for certain roaming services in the EEA starting 1 July 2020

(PRESS RELEASE) BUCHAREST, Romania, 29-Jun-2020 — /EuropaWire/ — We would like to inform the market and our investors that the National Authority for Management and Regulation of Communications in Romania (ANCOM) has authorized RCS & RDS S.A., the Company’s subsidiary in Romania (“RCS&RDS”) to continue to apply a surcharge for certain mobile telephony roaming services supplied to its customers traveling in the European Economic Area (EEA), therefore including the European Union.

By decision received on 29 June 2020, in order to allow RCS&RDS to continue to cover the costs incurred for the supply of roaming services and to continue to apply the national tariffs in Romania, ANCOM has authorized RCS&RDS’ request to apply a surcharge, on top of the national tariffs, for certain roaming services supplied to its own customers traveling in the EEA, but without going above the maximal following values:

  • 0.0154 Euro/minute (excluding VAT), for the calls made by its clients,
  • 0.0079 Euro/minute (excluding VAT), for the calls received by its clients (this value might vary in accordance with the changes brought by the European legislation),
  • 1.41 Euro/GB (0.00141 Euro/MB), excluding VAT.

RCS&RDS will apply the roaming surcharges starting from the first unit of consumption supplied to its own customers traveling in the EEA.

The renewed authorization issued by ANCOM will apply for a maximum period of 12 months starting 1 July 2020.

For information regarding the initial approval in this respect granted to RCS&RDS in 2017, we invite the market and our investors to refer to the current report issued by the Company on 30 June 2017 (http://www.digi-communications.ro/en/investor-relations/shares/current-reports/digi-current-report-30-06-2017).

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire

Yann Magnan, former EMEA head at Duff & Phelps, joins 73 Strings, Financial Advisory powered by AI

AMSTERDAM, 9-Jun-2020 — /EPR FINANCIAL NEWS/ — Yann Magnan, who was earlier EMEA head of Duff & Phelps has joined 73 Strings as Co-founder and CEO. The firm which was mostly focused on developing products so far, will now deploy itself towards a complete solutions offering, including delivery of traditional financial advisory services with enhanced analytics powered by AI algorithms already embedded in the existing product suites.

Abhishek Pandey – Co-founder and Deputy CEO of 73 Strings said – “Yann is a former colleague and an established global leader. In his previous role, he was managing 27 offices and over 800 employees across service lines including Valuation, Disputes, Corporate Finance, Restructuring, Tax & Compliance. He has a strong vision of building a financial advisory business fused with the latest technology. His leadership allows us to bring more comprehensive solutions for our clients. The entire team at 73 Strings is looking forward to working under Yann’s leadership and providing a more comprehensive offerings to its clients leveraging Yann’s experience.”

Yann Magnan – “I am delighted to become part of this great project and the highly capable, unique, and ambitious team that have developed it until now. I think 73 Strings has everything that it needs to be an important building block of the vision I have been working on. With the pace at which AI is evolving, there is a clear opportunity to create a firm which can use this powerful tool and create an offering for our clients which can significantly improve financial analysis and inputs for investment and monitoring decision-making processes. I have a firm belief that technology can play a significant role in assisting advisory teams with execution of mundane work so they have more time to focus on what really matters and what they are best at, i.e. forming opinions and making decisions, ultimately delivering higher value for clients in the financial advisory industry.”

About 73 Strings
73 Strings has been set up to fuse the best in technology with a deep understanding of critical insights to make capital more efficient.

We understand and can manage complex financial and non-financial data. Our mission is to synthesize diverse data with expertise in financial advisory – to deliver clear thinking and aid sensible decision making. Many firms try to ‘bolt-on’ technology offerings. We want both advisory skills and the integration of technology to be at the core of our DNA – both for what we deliver to clients and how the firm is managed.

This allows us to be flexible, keep ahead of the market and continually embrace change – allowing for maximum future growth and investment, by making capital more efficient.

SOURCE: EuropaWire

A New Cryptocurrency – BitcoinPoS – Bitcoin Proof of Stake

Chicago, IL, 2020-Jun-1 — /EPR FINANCIAL NEWS/ — Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin Proof of Stake.

BitcoinPoS: The Best of Bitcoin and PoS
Bitcoin Proof of Stake (BTP) was created by a team of developers that recognized the capabilities of the Bitcoin code and sought to improve them. They did this by replacing Bitcoin’s Proof of Work consensus protocol with Proof of Stake, resulting in a new and improved coin called BTP.

Proof of Work has proven that it is a less efficient protocol when compared to PoS, as it moves slower, cannot be easily scaled, and can favor centralization.

To improve upon the unique features of the Bitcoin code, the developers introduced Proof of Stake, thus creating a new coin, BTP, which challenges the boundaries of crypto functionality. If the Bitcoin core goes through an update, then BitcoinPoS will be immediately updated to include the new alterations.

The BitcoinPoS network can create no more than 21 million BTP. The new coins are generated not by mining, but through staking. The supply of BTP is managed from its protocol, which cuts the block reward once every 4 years by 25% every 700k blocks. BTC decreases with 50% of the reward every 4 years.

BitcoinPoS and Its Advantages

Pro-Decentralization Design
Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BTP in an active wallet.

Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining rigs. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BTP, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.

Resilience Against 51% Attacks
Centralization in PoW-based coins is an issue, as it leaves the network susceptible to a 51% attack, where one entity takes hold of 51% of the network hashrate. This person then has absolute power over the network and can manipulate transactions and block creation.

BitcoinPoS is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BTP also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.

99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BTP, using 99% less than Bitcoin mining.

Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. Bitcoin PoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.

Universally Accessible to Users
Setting up and managing a mining rig to mine Bitcoin is a big investment that not many people can afford. BTPs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.

Bitcoin Proof of Stake (BTP) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.

Via EPR Network
More Financial press releases

Axiom Prepaid Holding’s CEO Steven Foster will grace the cover of Total Prestige Magazine’s January 2020 issue

Axiom Prepaid Holding’s CEO Steven Foster will grace the cover of Total Prestige Magazine’s January 2020 issue

LONDON, 31-Dec-2019 — /EPR FINANCIAL NEWS/ — It seems only fitting that in a year filled with new product launches, new office openings and expansion across three continents, that Axiom Prepaid Holding’s CEO would grace the cover of Total Prestige Magazine’s January 2020 issue. After all, Steven Foster, a 40-something entrepreneur and banking industry veteran, has been at the helm of a company that has exceeded its growth expectations and then some, arguably vaulting the company to a leadership position in the prepaid card and app solutions arena. And Total Prestige profiles exceptional members of the business club of the same name, which is comprised of some of the world’s best-known business leaders as well as heads of start-ups and emerging businesses.

In 2017, Foster and his business partner, Steven P. Urry, set out to disrupt the banking industry with the launch of Axiom, which uses advanced digital tools to power prepaid Visa® and Mastercard® products, programs and services for consumers and businesses. They had one ambitious mission in mind: Simplify banking for all people – globally.

“We’d been firsthand witnesses from inside the banking industry to the significant shift in the availability of financial products. But it was notable to us that it was not carrying over to the prepaid space. No matter what country we visited, there was a gap in access to products engineered for the unbanked and global traveler. We decided to go all-in on launching a business that would turn the prepaid model upside down and give all consumers and businesses easy-to-use, digitally driven products and services,” said Foster.

That goal appears to have resonated broadly as this year alone, their enterprise:

• Expanded into Italy, Spain, Germany, France, Portugal, and Greece in Europe and grew the business in the Americas
• Entered the Asia-Pacific region
• Introduced brand- and revenue-building White Label Programs
• Rolled out hundreds of thousands of new prepaid cards, a plethora of new white label programs, including one that caters to the unique needs of millennials and Gen-Z
• Opened new offices in Romania
• Continued to invest in high-tech digital products to ensure the highest levels of intuitive, secure, compliant backend systems

As noted in the Total Prestige article, those accomplishments do not come without hard work and sacrifice. This year alone, Foster flew 725K miles for business and manages a workday that typically goes from 4 a.m. to 11 p.m.

“You can’t be an effective company leader if you aren’t in touch with your customers and employee teams. I meet them where they are to be sure I understand how their geography and culture may affect banking needs in each market. I try to give 150 percent every day so I can go to sleep knowing I did everything I promised and more for Axiom’s clients, my business partners and employees,” he said. “I have to spend a lot of time away from my wife and son so I want to be certain that the time I spend on-the-job truly counts.”

“I’m very honored to be chosen for this feature article but I am just one part of the much bigger Axiom story. There would be no article if the company was not accomplishing what it set out to do. That has only been possible through the collective efforts of the entire Axiom team and my partner and friend, Steve Urry – and we are just getting started,” said Foster.

SOURCE: EuropaWire

New Services Larry Hurt income Tax Services

Moreno Valley, CA, USA, 2019-Mar-12 — /EPR FINANCIAL NEWS/ — Over 49 years preparing taxes for individuals and small businesses, able to assist individuals in the cryptocurrency business with their tax preparation(s), 16 years as a Notary and 8 years as a Signing Agent.

Experienced Owner with a demonstrated history of working in the consumer services industry. Skilled in Nonprofit Organizations, Budgeting, Business Planning, Microsoft Word, and Coaching. Strong entrepreneurship professional with a Master Degree focused in Human Resources Management/Personnel Administration, General from Golden Gate University.

I also severed 23 years in the US Air Force. For 22 years as an additional duty, I severed as the Unit Non-Commission Officer Tax Representative. My job was to assist military and civilian personnel assigned to the Base, helping or completing their Tax returns and answer tax questions. During tax season, I spent 4 hours on Saturday at the Base Legal Office assisting people with their tax returns. After retiring in 1991, I continued doing taxes and opened my own business.

My tax specialties are Individuals, Small Businesses, S Corporations, Nonprofit Organizations, Tax Planning, Uber, Lyft and CryptoCurrency. Thank you.

To learn more go to https://larrykhurtincometaxservices.nicbuilder 

Via EPR Network
More Financial press releases

R.W. Chelsea Holdings Ltd mandated BMI International Europe Limited as Sole Global Coordinator to arrange a series of fixed income investor meetings in Europe

R.W. Chelsea Holdings Ltd mandated BMI International Europe Limited as Sole Global Coordinator to arrange a series of fixed income investor meetings in Europe

LONDON, 11-Feb-2019 — /EPR FINANCIAL NEWS/ — R.W. Chelsea Holdings Ltd (the “Issuer”), has mandated BMI International Europe Limited as Sole Global Coordinator to arrange a series of fixed income investor meetings in Vienna, Zurich, Geneva and London, commencing on 11 February 2019.

The road show will be starting in Vienna on the 11th, following Zurich on 12th, Geneva on 13th and the European part will be finished in London on the 14th-15th. This will be followed by investor meetings in Hong Kong and Singapore on the 19th-22nd of February.

A proposed Regulation S only offering of Euro-denominated Global notes (the “Global Notes”) of the Issuer will follow, subject to market conditions and investors’ interest. The Global Notes are expected not to be rated. FCA / ICMA stabilization applies.

SOURCE: EuropaWire

Водеща международна консултантска компания със седалище във Виена започна да предлага услугите си в сферата на корпоративното развитие и в България

СОФИЯ, 21-Януари-2019 — /EPR FINANCIAL NEWS/ — От януари 2019 i5invest, водеща международна консултантска компания със седалище във Виена, започна да предлага услугите си в сферата на корпоративното развитие и в България – петата държава с установено присъствие. Стъпването на българския пазар е стратегическа крачка и логично развитие след 4-годишен бърз растеж и редица успешни международни проекти на i5invest и позволява близък контакт с IT компаниите от региона.

„Следим България с интерес от няколко години и решихме да станем част от бързоразвиващата се местна екосистема и да помагаме на IT компаниите във фазата на растеж“, споделя Хервиг Шпрингер, изпълнителен директор на i5invest.

„България разполага с отлични IT специалисти и добре развит технологичен сектор. Наблюдават се интересни транзакции на сливания и придобивания, но и съществени външни инвестиции в развойни центрове. Тези тенденции подсказват активни IT процеси и ние от i5invest сме щастливи да работим повече с региона“, допълва Георги Начев, представител на i5invest в България.

Присъствие в България
i5invest отваря врати в партньорство със Симбула, водеща българска консултантска компания. Симбула е перфектният партньор, благодарение на дългогодишната си практика, богат опит в
корпоративните финанси и в работата с дигитални компании, както и глобално-ориентирания си подход. Партньорството със Симбула позволява бърза интеграция в екосистемата и размяна на ценен опит за ефективен глобален растеж на IT клиентите от региона.

Защо България
България е вълнуваща дестинация, с древна история, богата култура, прекрасна природа и силно интернационален културен микс. Последните години се свързват със стремглаво развитие на start-up и IT екосистемата и засилен международен инвеститорски интерес. Силни глобални играчи избират България за своите развойни центрове. Множат се акселераторите, фондовете за рисков капитал и споделените работни пространства (co-working spaces), съпътствани от редица конференции и други образователни мероприятия. По данни на Global Innovation Index 2018 България e на 3-то място по постижения в областта на иновациите след Китай и Малайзия, а Global Services Report 2017 отрежда 2-ро място на България за аутсорсинг и технологични услуги в Европа, след лидера в областта – Полша. Всичко това, както и географското разположение на България, я превръщат в локален технологичен хъб. Екипът на i5invest няма търпение да заработи с местните и регионални IT компании.

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V.: shares buy-back transactions for the 22-26 October 2018 period

BUCHAREST, Romania, 29-Oct-2018 — /EPR FINANCIAL NEWS/ —  In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 22-26 October 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

Make best use of Online Banking and stop wasting time

NEW YORK, NY, USA, 2018-Sep-26 — /EPR FINANCIAL NEWS/ — Most of the systems we are already used to, we do not know how they work, for we are always thinking we know enough that they work and we trust them. But honestly, do you think you know enough about online banking? Here you will find some facts that might be useful for you to know!

Here you will find useful information you will better have on mind, and also excellent reasons for using online banking services and some advices for being always safe and security.

Sometimes if your internet connection is not that good, it might be hard for you to access to your bank through your conventional online banking portal, so these online banking apps and services might help you to access in an easier, lighter and safer way anytime you need!

Online Banking – When and how did it start working?
Did you know it? The first online banking systems that gave origin of the ones you use today EVERYDAY were introduced in the early 1980s in New York when four of the national banks started offering the revolutionary home banking services, allowing the clients and small businesses to have a quick online banking check.

On the same way, the online banking started also on the United Kingdom around those years when the Scotland Bank and the Nottingham Building Society provided the Homelink service for giving their users the opportunity of viewing bank moves on a computer.

But it was only until 1994 that the banks around the entire globe started using the internet for posting their advertises, and then in 1995 they started offering to the clients the possibility of managing their money online through a home computer, and this came to be the online banking of nowadays.

The greatest benefits of using the Online Banking
As everyone knows the major benefits of using online banking are mainly two: security and comfort. With the online banking services you can make all your money-related operations without needing cash or personally going to the bank.

Paying your services with no delay
These services might help you regardless of your bank, they will help you to manage all your bank moves for having an easy, confortable, secure and practical administration of your money, you can make routine pays like paying electricity, water and gas services without losing any time of your day.

Your pays to third ones can also be made much easier with these online banking services, for they will offer you an easy platform where you can quickly see and control your bank accounts.

Manage all your accounts and save your time and money
These services might also help you if you manage more than one bank account, so you can control your money in any of them more easily and in a more ordered way. You do not need to waste any passage fees anymore if you do not live close to any bank, you can make all your processes from your home computer or even with your Smartphone.

It is really easy to look by yourself if you prefer right now, on Google Play Store for these apps for the one you prefer the most, we just advice you to read enough about each app of services and be aware of the reviews to know if it is safe and if it has the functions you need.

Most of these online banking services also have apps you can download for always having a control of your money in your pocket. You can pay the balance of your telephones, your internet service and the rent of your home (if you have to) through online banking.

Risks and security advices while using online banking
If you are already an online banking user or you are considering being one, here are some advices to keep security, for there is no infallible system and you can help these to be safer and securer. What you can do is always good for making sure your security and your money’s.

Many online banking services keep you safe with logging you out every time you finish your operations, if you close the app or delay too long in doing something in it, it might close your account for your security, so you better remember always your user name and password.

It is not recommendable to have your password written in a paper or in any digital way inside your phone, always protect your device with a locking pattern, or even better, a password or a PIN code, these last two methods are more efficient and safer than the pattern that could stand marked on the screen of your smartphone.

Install a VPN app for your security
Sometimes when you connect to the public WiFi and start making your bank moves from your smartphone or laptop, there are hackers who are connected to the same network that you are, and they can hack your information even from your online banking accounts, everything you send could be intercepted by them.

The makers of the online banking services and apps nothing can do against that, but you can! There are some programs or apps that are known as VPN. What are the VPN programs and apps? The letters are for Virtual Protected Network, and it makes that all your information is encrypted and it makes it harder to be hacked and intercepted.

If you protect your phone and your laptop with VPN programs, the hackers will have it MUCH harder to intercept your data and force your online banking accounts.

Follow carefully all of these advises and your online banking account, passwords, and information will never be hacked! You can then research by yourself and keep reading for having enough knowledge about the system of online anti-hacking security you are willing to install and make use of.

At this moment me do not recommend you one specific VPN app or program, we just let you know about its existence and we strongly advise you to start researching about them, so you can find exactly the one you need for your phone, or your laptop.

Do not waste any time or disk space on installing a program that is too heavy and has too many features that you do not actually need, just look for the program you do need.

It is also recommendable that you read carefully every contract of terms and conditions and politic privacy of the apps you install and the programs you use in your laptop for applying the online banking services.

Benefits of online banking
If you have no fear to innovate and start tasting the great advantages of adapting to the new technologies, then, you will make good to start trying new systems of online banking like apps and webpages that are quick and easy to access, you will see in your own experience the next benefits:

First of all, you will reduce the time spent in executing financial operations. Only thing you need to do is to be connected to the internet from your home, your office or any mobile web (remember to use VPM systems to protect data), and then you will have all your money in your hand, easily manageable.

Have your bank at the reach of your hand
Make your bank moves from everywhere you are, you can do it from your laptop or your smartphone, only thing you need to do is to have internet access and then you can review your account state, transfer money and pay fees. Usually, these mobile online banking services are free and the only charge you could get is with your mobile company and the kind of plan you have contracted.

You can make more than one banking operation: moves, credit card pays, pay of services, recharge your air time and according to specialists, 20 per cent of people access to online banking through internet through these kind of mobile devices.

Keep the control of everything easily
You can have control of your money and account pays, and then stop losing any more time visiting the bank, with online banking aside of avoiding the printed account states, you can pay your accounts and maintain all your pay registries in only one place and very easy to find. If you prefer, you can also program automatic pays using your credit or debit card, like the pays of your services of water, electricity and telephone.

Stay safe with your money
Security with your operations is supported by your username and your personal unique password (and this is one you can change periodically), and also you have the token, that is a numeric code that changes every 60 seconds, and that you have to introduce to connect to the online banking.

Many online banking methods also work with security images, which are unique and are impossible to be identified or distinguished by a computer, so it cannot be violated with robotic systems.

Contact-Details: martin.soto@dahseo.com

Via EPR Network
More Financial press releases

Zuuse to acquire GCPay, a leading North American provider of construction payment applications software

Melbourne, Australia, 2018-Aug-15 — /EPR FINANCIAL NEWS/ — Zuuse has entered into an agreement to acquire GCPay.com (GCPay), a leading North American provider of cloud collaboration software aimed at streamlining the payment applications process in the building and construction industry.

The acquisition will provide Zuuse with a critical toehold in its largest global market, with almost 40,000 users of the software platform in the USA, including General Contractors, Owners, Developers, Financial Institutions, Government Agencies, Engineering and Architectural Firms, and Subcontractors.

Together with complementing its Payapps cloud collaboration platform in the APAC and EMEA markets, GCPay will help strengthen the Zuuse global product portfolio in the building and construction software sectors.

The GCPay software solution is consistently aligned to the Zuuse strategy and customer base, offering a strong standalone solution as well as integrations with Sage and Viewpoint construction ERP systems, and aligning with other partners.

Zuuse CEO, Jason Lilienstein, said, “This is an exciting acquisition for Zuuse and brings us a major step closer towards becoming a leading global provider of construction and building operations software. The integration of GCPay’s market leading technology will consolidate our position as an industry leader in cloud collaboration payment applications software to the global construction industry, together with further establishing our presence as a leading disruptor in the broader, high-growth AECO (Architecture – Engineering – Construction – Owner Operations) market.”

Systems and processes in the AECO sector are still largely fragmented, manual or paper based, and these inefficiencies result in customers losing time, money, information and resources. Lilienstein, added, “Today’s announcement further exemplifies the customer-centricity and the power of Zuuse, in providing construction and building operations software solutions for our customers which tackle these inefficiencies head-on, working with everything from day to day operational issueson the construction and building site, to long-term strategic asset and facility management issues.”

GCPay COO, Daniel Brunelli, said, “The coming together of our companies is an excellent outcome for all of our stakeholders and most importantly for ourcustomers. The combination of our businesses provides both parties with the expertise, scale and reach needed to provide our customers what they need, when they need it, anywhere in the world.

As a part of the broader Zuuse business, GCPay will be better equipped and resourced to deliver greater value to customers, including extending our existing product functionality as well as broadening our product offering to better fulfil the evolving needs of the growing construction industry. We are tremendously excited by the prospect of what Zuuse and GCPay can achieve together, and I look forward to sharing these benefits with our customers.”

The acquisition is subject to customary closing conditions and is anticipated to be completed in the third quarter of calendar year 2018.

Via EPR Network
More Financial press releases

Credit Raters es un nuevo sitio web de comparación financiera para quienes necesitan dinero, como creditos, mini créditos, préstamos, mini préstamos prestamistas y tarjetas prepagas

BARCELONA, 18-Jul-2018 — /EPR FINANCIAL NEWS/ — Credit Raters es un nuevo sitio web de comparación financiera para quienes necesitan dinero, que ofrece a los consumidores un medio rápido, sencillo y gratis para comparar y solicitar productos y servicios financieros en Internet, como créditosmini créditospréstamosmini préstamos prestamistas y tarjetas prepagas.

CreditRaters.com tiene el objetivo de facilitar la comparación y solicitud de una variedad de productos y proveedores financieros por Internet de forma gratuita.

Para eso, ofrece a los usuarios acceso a presupuestos y ofertas de prestamistas líderes en más de 8 países, incluidos el Reino Unido, España, Argentina, Rusia y Polonia.

Con solo indicar qué tipo de producto se busca y ciertos datos básicos, los usuarios obtienen en tan solo segundos, información de cientos de prestamistas, pequeños y grandes, independientes o grandes corporaciones, además de la posibilidad de solicitar sus productos con solo un clic.

El equipo de Season Marketing reconoce la dificultad de reducir las alternativas cuando se enfrenta a páginas de resultados de búsqueda eternas, por eso diseñó CreditRaters.com, para brindar soluciones rápidas y eficientes a los usuarios que desean obtener resultados que sean relevantes para ellos en tan solo segundos.

Al realizar sus búsquedas en CreditRaters.com, los usuarios acceden a una amplia variedad de proveedores, productos y servicios. La información se actualiza constantemente, los resultados se adaptan a las búsquedas individuales, y el proceso de recopilación de los resultados lleva pocos segundos.

En tiempos donde el tiempo es oro, nunca ha sido más fácil y rápido encontrar un préstamo o una tarjeta prepaga. Pocas personas tienen tiempo para hacer una serie de llamadas telefónicas o visitar una serie de sitios web individuales, ingresar sus datos personales y buscar presupuestos personalizados. Con una ventanilla única, los clientes pueden encontrar lo que necesitan en cuestión de minutos en CreditRaters.com.

Robert Bindon, director de Season Marketing Limited, comenta: “Estamos muy entusiasmados de trabajar en la comparación de productos financieros que se encuentra en constante evolución, y hacer que sea más fácil para los consumidores encontrar productos para los que son elegibles con tan solo un conjunto de preguntas simples. Ha habido un gran crecimiento de la demanda para comparar préstamos y prestamistas en los últimos 5 años. En una época en la que el crédito de €1000 se encuentra a 10 minutos de distancia, estamos felices de proporcionar un sitio web de comparación de precios seguro y gratuito para garantizar que los consumidores de todo el mundo puedan obtener el trato más justo y barato para ellos “.

Los calificadores de crédito actúan como intermediarios y ofrecen resultados que permiten a los clientes comparar las ofertas favorables de los principales prestamistas. La empresa también se adhiere a las prácticas de préstamos responsables y muchas de las compañías de crédito con las que trabaja ofrecen informes de crédito gratuitos para los clientes a fin de alentar una gestión eficaz del dinero.

CreditRaters.com es una solución para aquellos que buscan productos financieros, por ejemplo, préstamos, pero también atiende a clientes que desean obtener más información sobre su calificación crediticia y tomar medidas para mejorar su puntaje. El sitio web ha sido lanzado con un amplio espectro de usuarios en mente, y puede beneficiar a aquellos con buenos puntajes de crédito, así como a aquellos que tienen un historial de deudas y bajas calificaciones crediticias.

Se recomienda a toda persona que desee obtener más información sobre CreditRaters.com que utilice los datos de contacto que se detallan a continuación.

SOURCE: EuropaWire

Consumer Loan Market Is Growing

New York, NY, USA, 2018-Jul-03 — /EPR FINANCIAL NEWS/ — During last ten years, there were significant investments in the personal loans market. It was possible due to the inflow of capital and innovative technologies, which caused a doubling of the market.

Although, according to many financial websites, originations of personal loans are falling. It started with refusals to borrowers with a credit rating below 600, which didn’t take place since 2012.

Despite the decline in the origination of loans, all other data shows an increase of interest of the borrowers to this bank product.

The market for unsecured loans grew by 10.8% in 2017. And financial analytics are talking now about a great prospect for the development of this market segment.

According to statistics in 2017, 10% of respondents applied for a personal unsecured loan, a greater interest was shown to credit cards (65%) and auto loans (26%).

Banking CEOs are Concerned About FinTech

The lending market has a long history and now it is experiencing one of the most historical phases.

One of the biggest changes became a rapid development of FinTech (financial technologies).

Several years ago banks and other traditional financial structures were skeptical about online loans. Now 81% of banking CEOs are worried about such fast FinTech development.

Such concerns are reinforced by the fact that financial Internet structures have become quite competitive. Applying to a lender online, via a certain website connecting the customers with the direct service providers, the borrower gets a wide choice: unsecured personal loans, same day loans, debt consolidation etc. In addition to this sophisticated credit models and new anti-fraud mechanisms makes online financial services more attractive than banks.

The Most Popular Loans

According to the last statistic data, the most popular loan products are unsecured personal loans and installment loans. These loans are the most convenient and profitable for the borrowers. Same day payday loans are also popular, but they are most often used in urgent cases when money is needed for a short period of time. In such cases, 24/7 loans are more convenient, since it is easy to get and the money is being accrued to the bank account of a borrower in short period of time.

The thing that makes personal loans one of the most attractive types of financial products is its uniqueness. It can be used for any purpose: making a big purchase, paying for a wedding or vacation, etc. However, the most common reasons for obtaining a personal loan currently are:

1. Debt consolidation (35%).
2. Household expenses (19%).
3. Medical expenses (9.9%).

Statistic data shows that the purpose of the loan doesn’t affect the chances of the borrower to get approved.

Summing up, the consumer credit market is experiencing rapid growth. Personal loans are attractive to the borrowers because of the affordable interest rate and quick receipt of funds. FinTech is developing and expanding, thus the number of lenders increases and the borrowers have a wide choice.

Via EPR Network
More Financial press releases

THE BOARD OF DIRECTORS OF DIGI COMMUNICATIONS NV DECIDED UPON THE INITIATION OF THE CLASS B SHARES BUY-BACK PROGRAM

BUCHAREST, Romania, 16-Jun-2018 — /EPR Financial News/ — Digi Communications NV (The Company) would like to inform its shareholders and the market that, by decision from 7 June 2018, the Board of Directors of the Company decided upon the initiation of the class B shares buy-back program in accordance with the resolutions of the general shareholders meeting of the Company from 2 May 2018 (the GSM), through which the Board of Directors was authorized to acquire, for a 12 months period starting with the date of the GSM and until, including, 1 May 2019, a maximum of up to 10% of the issued class B share capital at the close of trading on the Regulated Spot Market of the Bucharest Stock Exchange on the date of the AGM, subject to a maximum price per class B share equal to the average of the highest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price  List of the Regulated  Spot  Market of the Bucharest Stock Exchange plus 5% (maximum price) and to a minimum price per common share equal to the average of the  lowest  price on each of the five trading days prior to the date of acquisition, as  shown in the Official Price List of the Regulated Spot Market of the Bucharest Stock Exchange minus 5% (minimum price) – the Program.

The Program will be performed and implemented in line with the applicable legal rules and regulations relating to the buy-back programs, specifically article 5 from the European Parliament and the EU Council’s Regulation no 596/2014 regarding the market abuse and the Commission Delegated Regulation (EU) 2016/1052, as well, in compliance with the applicable volume and price thresholds.

It is intended that the class B shares to be repurchased under the Program to be used for the purpose of the several stock option programs as already or to be further approved by the Company.

The Board of Directors of the Company has chosen BRD Groupe Société Générale S.A. as the broker handling the Program.

At the initiation of the Program, it is intended starting as of 11 June 2018 to acquire a total volume of 500,000 class B shares of the Company that can be further adjusted within the above mentioned limits by decision of the Company. During the buy-back process, the Company will comply with the volume and price thresholds as set out by the Delegated Regulation (EU) 2016/1052.

For additional information, please contact us at ipo.relations@digi-communications.ro.

SOURCE: EuropaWire

North’n’Loans Company Starts Offering Small Business Loans in Canada

Toronto, ON, Canada, 2018-Apr-27 — /EPR FINANCIAL NEWS/ — North’n’Loans adds small business loans to its range of services. Owing to this innovation, the company is now able to provide a qualified help to the small business owners in finding a reliable lender. The new service is already available on the company’s website.

The company is a Canadian service dedicated to connecting customers with direct lenders online. It provides assistance with finding quick financial solutions for Canadian citizens in many provinces. North’n’Loans.ca is not a direct lender and only aims to connect a borrower with a suitable lender.

The company used to work only with short-term loan lenders that provide payday loans in Canada. Now North’n’Loans extends the range of its services and also offers the assistance with finding a reputable small business loan lender. The newly launched financial service is available for business owners 24/7 on the company’s website.

North’n’Loans.ca aims to allow the entrepreneurs to satisfy their financial needs with the help of online lending. The service connects a business owner with a reliable lender in accordance with the information in an application form and customer’s place of residence.

A customer can apply for the service submitting the online application form on the company’s website. An applicant needs to enter basic personal data to make a request. Once the application is filed, the approval process starts and a lender contacts the customer within a short period of time. The borrower receives the money to the bank account within 24 hours after approval. The applicants do not pay any fees for using the service offered on the North’n’Loans website.

The company’s database consists of certified private lenders from different provinces. North’n’Loan gives anyone an opportunity to apply for a loan owing to a large number of different lenders. The company’s website informs that the loans are usually given on the basis of the current income and the ability to pay it back. Despite the high chances, the company does not guarantee 100% approval.

All the loans are processed completely online. The customer discusses the loans terms, application status, fees and rates directly with a lender. The company is not responsible for the borrower-lender relationship.

The company continues to improve its services and also presents a new financial blog for Canadian citizens. The articles provide recommendations for achieving financial stability and some useful tips for those who face financial difficulties. The topics enlightened on the North’n’Loans blog vary from the retirement options to the college loans details.

Apart from that, North’n’Loans created a French version of its website to make it convenient for French-speaking citizens of Canada. A language switch is added to make the service available for the residents from all Canadian regions.

Via EPR Network
More Financial press releases

Finer.es ofrece microcréditos online con las mejores condiciones

MADRID, Spain, Apr-26-2018 — /EuropaWire/ — En abril de 2018 comenzó sus operaciones el servicio de microcréditos online Finer.es. Es un servicio internacional de préstamos online que se especializa en préstamos a personas físicas. El propósito de Finer.es es proporcionar a los prestatarios servicios de calidad. Finer.es se diferencia de otros servicios porque emite préstamos con la tasa de interés más baja – desde el 0,7%. El procedimiento para obtener un préstamo online es sencillo, rápido y no obliga al prestatario a ir a una sucursal física.

La empresa utiliza su sistema propio de “scoring “, que mide una serie de parámetros objetivos y otorga a cada persona una puntuación que ayuda a decidir si conceder o no el préstamo en pocos minutos sin papeleo ni aval. Este servicio funciona las 24 horas del día, los 7 días de la semana. Cualquier residente en España mayor de 21 años puede solicitar un préstamo de hasta 900 euros. Para hacerlo, necesitará una conexión a Internet, su DNI y sus datos bancarios. Los préstamos de hasta 900 euros con un plazo de devolución de hasta 35 días se transfieren inmediatamente a la cuenta bancaria del cliente. Además, Finer.es ofrece un programa de fidelización a sus clientes: a partir del segundo préstamo, cada préstamo se concede con un descuento acumulativo del 5%.

“En la vida de cada persona siempre se da una situación en que se puede necesitar dinero urgentemente. Si tenéis familiares o amigos a los que podéis pedir dinero prestado – genial. Desafortunadamente, no todas las personas han tenido tanta suerte. Nuestro servicio está destinado a ayudar a las personas que no tienen otra salida y nos esforzamos por hacer que sea rápido, sencillo y cómodo”, afirma Andrey Gorbushkin.

Comunicado de prensa completo…

New decentralized network protocol on the blockchain for regulatory compliant investment in SMEs, startups & real estate

VIENNA, Austria, Apr-11-2018 — /EuropaWire/ — In early April, CONDA entered the next phase of its ICO. Together with experts from project partner RIAT (The Institute for Future Cryptoeconomics), the team is now in the midst of developing the CRWD Network (pronounced Crowd Network), which requires its own cryptocurrency, the CRWD Token. By joining the whitelisting phase, all interested parties now have the opportunity to register before the official start of the Crowd-Sale on June 6, 2018, avoiding longer wait times and ensuring that they will not miss the ICO.

Crowdfinancing within a decentralized network protocol

The CRWD Network is a decentralized network protocol on the blockchain, providing regulatory-compliant investment in SMEs, startups and real estate projects. Any platform on the network can take advantage of the benefits of the CRWD network. As a result, CONDA is setting new standards across Europe: companies use the network protocol, supported by various crowdfunding platforms, to issue tokenized private equity instruments (e.g. company shares, subordinated loans, etc.). This solves a widespread problem of the current crypto scene: the need for financial products to operate within a legally-compliant framework.

CRWD Network Advantages

  • For SMEs, startups, and real estate projects:
    • Standardized solutions for the creation and management of “tokenized” private equity instruments (both proprietary and mezzanine instruments)
    • Easy and fast payouts with the touch of a button
    • 100% legally-compliant: the network complies with the prevailing legal regulations in each country
  • For crowdfinancing platforms:
    • Standardized and legally-compliant infrastructure
    • The ability to share resources, contracts, communities, etc. and to reach a larger crowd
    • Increased automation via smart contracts
  • For investors:
    • Investments are easier to transfer and trade
    • Transparency & traceability
    • Secure transactions
    • Easy & fast access to investment opportunities in a large network

5 years ago, CONDA started as a crowdinvesting platform, transformed into a crowdfinancing platform and is now ready for its next phase: the CRWD Network. A decentralized, regulatory-compliant crowdfinancing infrastructure protocol forms the basis of all transactions within the network. The CRWD Token is required for all CONDA business services and fees. Investments may continue to be made in the national currency (e.g. EUR).

All information regarding the ICO can be found at https://ico.conda.online

SOURCE: EuropaWire

Fast Invest will allow users to use their bitcoin or ethereum as collateral for loans in traditional currencies

Essex, UK, 13-Dec-2017 — /EuropaWire/ — Fast Invest is excited to announce the launch of its native cryptocurrency token (FIT) during their upcoming ICO launched on December 4th. The FinTech company has been operating since 2015 in the investment loan space, connecting funders with loan-seekers in a peer-to-peer exchange. With more than 8,500 daily users from 36 countries, Fast Invest is expanding into the largely unoccupied cryptocurrency lending sector.

Blockchain-based cryptocurrencies have been rapidly in 2017, racking up a seventeen times (at the time of this press release) increase in market capitalization since the beginning of 2017.  As these financial technologies mature new opportunities arise, especially for unbanked and underbanked populations. This is because digital currencies allow for the exchange of value without the need for central banks or other intermediaries. Fast Invest aims to leverage these developments to democratize investment by allowing people to invest as little as one dollar on their loan platform. This enables users to band together to crowdfund a loan that gets paid back with interest, which can then generate returns for the loan suppliers.

In what may be a first for the industry, Fast Invest will allow users to use their bitcoin or ethereum as collateral for loans in traditional currencies. Due to the nature of smart contracts, loans like this can be executed with very little human input and all parties can be sure that the terms of the loan will be carried out. This is because smart contracts utilize code and mathematics to enforce agreements without the need for human intervention.

By expanding to cryptocurrency-based investment instruments the company aims to reduce friction in the world of P2P investment and loan services. These offerings include a cryptocurrency exchange, digital wallet for holding tokens, cryptocurrency investment services, decentralized lending, and a payment card that can be funded by cryptocurrencies but used like a credit card.

SOURCE: EuropaWire