PSI-Pay Eases Payment Options Through Digital Wallets And Contactless Payment

It is a fact that people use digital wallets to carry cash since they can hold a variety of currencies. This is because digital wallets provide security and are a convenient and comfortable place for keeping money. They can replace bank accounts and some people can use them in their financial errands. The number of people using digital wallets with cash balances has rapidly increased in Europe over the past few years. Users link debit cards to the wallets and use them for withdrawals from ATMs while some members pay for products and services.

PSI-Pay provides payment solutions to businesses through the digital wallets and accounts. It bridges the gap by allowing users and individuals possessing the digital wallets to make financial transactions anywhere in the world. It is regulated by the UK financial conduct authority making consumers less worried about switching to digital banking.

PSI-PAY has experienced rapid growth since master card authorized it to supply business with pre-paid cards. In 2015 the company recorded its best financial year by providing services to both local and international markets.

Contactless Payment Ring

PSI-PAY and kerv wearables have partnered to enable the first contactless payment ring. The partnership utilizes PSI-pay’s master card license which can allow users of the contactless payment ring to make payments in various locations around the world. Kerv users can deposit in their accounts through debit/credit cards and bank transfer. The payment ring can enable ring users to conduct business with online or offline traders that accept master card payments. They also have the option to deposit in their digital wallets.

 

Specialized clothing and jewelry are linked to digital wallets. Credit cards are getting replaced by wearables such as watches and bracelets. These wearables get connected to ceramic rings that are sold, and the owners do not need to enter their pin or sign in anywhere when making any business or financial transactions. A small number of individuals use the wearables since not many are familiar with them. People still prefer the plastic payment cards. According to MasterCard, the contactless devices appear to be promising, and many people will be familiar with them and tend to use them more.

 

Digital wallets and contactless wearable devices improve on security and save time. Although many challenges are facing the industry, companies such as PSI Pay and Kerv are working hard to ensure the digital wallets, and the wearables can become affordable to everyone.

 

https://craft.co/psi-pay

Igor Cornelsen: South American Success Investor

Many people enter the world of finance without a clue of how to be successful. Even more enter the field and fail to accomplish anything or earn money.

Igor Cornelsen is not one of them. In fact, he rose to success quickly and is now a wise adviser. He currently works for the Bainbridge Group. This company owns, develops, and manages luxury home and apartment buildings. He works in investing in the stock market in order to keep this company diverse and profitable, and has served in that capacity very well throughout the years. Without Cornelsen, the Bainbridge Group would be much worse off on the whole, and they appreciate his work.

He, however, did not become a wise and savvy investor by waking up one morning with the skills and knowledge to be one. He built himself up, his strongest growth occurring in his home country of Brazil. There, he managed several large, prominent banks and ensured their success. This elevated his position quickly and before he returned to America he managed an extremely large amount of the entire county of Brazil’s gross income. Check ireport.cnn for more info.

He now lives in South Florida, partially retired outside of his work with the Bainbridge Group. His tropical local enables him to enjoy his favorite past time, golf.

When he is not putting the green or investing with the Bainbridge Group, Igor Cornelsen works as a consultant and shares his experience and expertise with companies and individuals. He also writes a blog to help people invest and build a robust financial portfolio. On his blog, some of his advice for the personal investor is invest early and to diversify which allows them to gain profit over time and from many sources in the event that one does not prove to show good returns.

Igor Cornelsen has coined and perfect the principle and practice of damaged investing and avoiding damaged companies, which can lead to a huge advantage many investors would overlook.

He has gained so much diverse and practical knowledge of the investment world, and he knows how to assist others in their business ventures.

Read more: https://www.resumonk.com/igorcornelsen

 

Luiz Carlos Trabuco: What’s Next For Bradesco?

As the current Chief Executive Officer of Banco Bradesco S.A. since 2009, Luiz Carlos Trabuco Cappi is remaining in his executive position at least until March 12, 2018. Having been at the head of such a great establishment in Banco Bradesco for the past 9 years, change inevitably happened to occur roughly one year before his ten-year anniversary as CEO. The bank will be ushering in new leadership soon when Trabuco steps down.

Currently Banco Bradesco is undergoing a powershift, where newly announced president Octavio de Lazari Junior will be taking the reigns of leadership within the bank. As both men have a storied history with the bank, change was needed as it was decided there will be a new CEO. Closing 2017 with revenues in the amount of R $76.3 billion, it’s hard to say that Banco Bradesco had a bad year. Quite the contrary, this was a rise of 6.8% compared to 2016.

Although last year saw growth in the financial sector, there is still a transition underway between Luiz Carlos Trabuco Cappi and Octavio de Lazari Junior. Many bankers are optimistic of the national economy for 2018, as low interest rates, relatively calm inflation, and GDP growth between 2% and 3% it makes a tough argument for change. However, Lazari stresses how they must have a better year than the years before. One thing is for sure, Lazari and Trabuco both stress how important having good pension reform is for the overall benefit.

Read more on g1.globo.com

Luiz Carlos Trabuco explains how the choice of the new president took quite some time to come to a final selection according to meioemensagem.com.br. Knowing that Lazari would be one of seven vice presidents, the choice was weighed by the noted experience that Octavio Lazari has. From his work in the late 1990’s working in the credit area to his many promotions starting in 2010, the choice was clear for Luiz Trabuco’s successor.

Luiz Trabuco began his professional banking career and professional activities at Bradesco on April 17, 1969. Trabuco served as the Managing Director of Banco Bradesco S.A. back in March 1999 and after success in that department he went on to various positions throughout the bank. A major involvement in Private Pension plans, as he was the President of the National Association for Private Pension Plans from August 1994 to August 2000, gave him reason to stress the continued commitment to pension reform. Currently his days as CEO will finally come to a close as Octavio de Lazari Junior will accept the position on March 12, 2018.

Source: http://economia.estadao.com.br/blogs/coluna-do-broad/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/

Igor Cornelsen Gives 3 International Investing Tips

A lot of people are considering the possibilities of investing. Igor Cornelsen wants people that are looking into investing to consider just how much they can improve their investment strategies when they get connected to a platform that is designed to accelerate their portfolio.

Igor believes that there are three strategies that people can implement that will make all the difference in the world when it comes to how they build their portfolio if they invest outside the United States. Visit affiliatedork.com about Igor Cornelsen

The best thing that one can do when they are investing is consider all the possibilities that come with international investing by getting familiar with the currency rate of exchange. Sometimes there are limitations on the currency exchange that people can engage in so Igor Cornelsen warns people to be aware of this when they are trying to put large sums of money into international stocks.

Another thing that is going to be important is the way that people get to know natives of the land. It is pertinent for anyone that is truly interested in building a portfolio to get a better feel for what is happening inside of a country. It is going to take the natives to reveal what may actually be going on. This is really going to make a big difference for investing in things like index funds where companies have connections with exports and imports. The natives are going to be the ones that lead people to investment success because it is easier to figure out what raw materials are vital to an area based on what the natives are utilizing the most.

Igor also tells people to be mindful of regulations that are put in place for certain types of companies. This is incredibly important because it can change the entire dynamics when it comes to what company is going to be a possibility for investors.

People will discover that investing is always easier when people prepare for the red tape. There’s no need to second-guess or pretend that it will not happen. It is easier to expect it and embrace this reality. Check:http://ireport.cnn.com/docs/DOC-1122009

 

Luiz Carlos Trabuco Cappi – What’s Next for Bradesco?

Lazaro de Mello Brandao, at the age of 91 was considered the oldest serving bank chairman in the world. He recently announced that he was stepping down after serving in the same position for 25 years at Banco Bradesco SA. This move will trigger a fierce succession battle of the CEO at the second-largest bank in Brazil. The current CEO, Luiz Carlos Trabuco Cappi, is expected to replace Mr. Brandao. He will be in charge of both positions until the month of March, when the new CEO will be named.

Decision to Resign

Brandao, started off his career as a clerk back in 1943 and rose up the ranks to become of the only two chairmen the bank has ever had. He is among the only four CEOs that have served at the bank, from 1981 – 1999. Mr. Brandao, the holder of the No. 1 member of staff badge at Bradesco, informed journalists that he had reached the decision to resign on his own volition. Despite his resignation, he will still be in charge of a number of the bank’s holding companies.

Way Forward

During his stint as the chairman, Brandao developed a culture in management that preferred the promotion of executives from the existing ranks within the company as opposed to scouting outside for fresh talent. This is the same course that Bradesco is expected to follow when choosing a replacement for Luiz Carlos Trabuco Cappi. It is expected that the bank will fill the vacancy in the CEO’s office with one among the seven of its uppermost ranking executives. This is according to persons privy to such information who requested anonymity as these deliberations are private.

Luiz Carlos Trabuco Cappi revealed that the choice of the new CEO will be largely influenced by the existing pool of talent at the bank. The CEO was speaking at a media event recently. Banco de Bradesco made headlines last year when it altered its bylaws to enhance the maximum age of its CEOs from 65 to 67. This gives Luiz Carlos Trabuco Cappi adequate time to name his successor.

Brandao’s Thoughts on His Decision to Step Down

Brandao revealed that he had absolutely no regrets from the 75 years he has worked at the bank. He also revealed that he would maintain the same desk from which he has been working from over the last few years. Brandao stated that when he broke the news of his stepping down to his family, they reacted by saying “It’s about time.”

Possible Candidates for the CEO’s Position

A number of candidates have been fronted as possible replacements for Luiz Carlos Trabuco Cappi. These are; Mauricio Machado de Minas (58, head of IT department), Alexandre da Silva Gluher (57, chief risk officer), Domingos Figueiredo Abreu (57, treasury and lending departments) and Josue Augusto Pancini (57, branch network and high income segment). Others include Marcelo de Araujoi Noronha (52, corporate and investment banking), Andre Rodrigues Cano (59, human resources department) and Octavio de Lazari (54, new member of the bank’s higher management team).

About Luiz Carlos Trabuco Cappi

Mr. Luiz Carlos Trabuco Cappi is currently the CEO from March 10, 2009 and soon-to-be president of Banco Bradesco S.A. He has previously served as the executive vice president of the bank. He joined Bradesco on April 17, 1969 and has held a number of positions at the bank throughout his career there. Prior to working at Bradesco he worked for the National Association for Private Pension and ABRASCA as a managing board member. He holds a Masters from the University of Sao Paulo’s School of Sociology and Politics. He had earlier graduated from the same institution’s faculty of Philosophy, Sciences, Language and Arts.https://relationshipscience.com/luiz-carlos-trabuco-cappi-p3489986