Scott is the Founder and CEO and Board Member of Yakabod. Yakabod is a leader in secure software development, founded in 2001 and headquartered in downtown Frederick. Scott has technical knowledge, a head for business and an entrepreneurial spirit. His current focus is on Yakabod’s corporate strategy, culture and operations. His background includes designing, building and managing technology initiatives ranging from small pilot projects to enterprise overhauls.
Scott is passionate about his community and seeing it prosper. He is active in the Frederick tech and business community through various board roles, including TechFrederick, FITCI, New Spire Arts and Crossed Bridges.
Scott holds an MSEE from the Johns Hopkins University and a BSEE from The University of Akron.
“We are thrilled to have Scott on our Board and know he will bring impeccable insight,” said Steve Heine, President and CEO of Woodsboro Bank.
On April 29 to May 1, 2020, executives from the world’s top retail banks and emerging fintech companies, along with some of the industry’s leading experts, will convene at the Banking Growth Forum 2020. Nomis Solutions has just announced the line-up of industry luminaries who will challenge banking executives to outperform in 2020.
Over the course of three days at the stylish Langham Hotel in Chicago, attendees and faculty will analyze the trends shaping the financial services sector and learn how to apply the latest data-driven techniques to better understand and predict their customers’ needs.
“The retail financial services industry is experiencing an unprecedented level of disruption,” said Frank Rohde, president and CEO of Nomis Solutions. “To chart a course through these shifts, we’ve assembled some of the industry’s brightest minds to lead conversations on how to drive sustainable, customer-centric growth in a dynamic market.”
Data-driven customers require data-driven banks
For more than a decade, financial services professionals have attended Banking Growth Forum for actionable advice on growing their portfolios through advanced analytics. This annual event has welcomed bankers, lenders and influential industry experts from around the world as both attendees and presenters, making it one of the most valuable opportunities for networking with industry peers while learning the latest techniques in data-driven pricing from experts that include include:
Make the move from average to agile
BGF2020 will equip attendees to outperform in spite of today’s restrictive environment by exploring topics that include:
To learn more about the 2020 Banking Growth Forum and register to attend, visit the event website.
About Nomis Solutions
Nomis is a fast-growing fintech and price optimization pioneer that is enabling the world’s smartest financial institutions to drive sustained, profitable growth through end-to-end customer-centric pricing capabilities. We do so through our market-leading, cloud-native Nomis Platform™ and team of experts, bringing together cutting-edge big data, machine learning, AI and mission-critical software with deep expertise in consumer behavior, pricing and the financial services industry. The Nomis Platform manages over .5 trillion in transaction volume, quotes a price every 60 milliseconds, empowers 14,000+ bankers, and generates nearly 0 million in value annually. To learn more, visit nomissolutions.com.
Value investing is dead and The Edge Group is predicting the Catalyst Space as the new trend for 2020.
The Edge Group LLC, the global leader in Catalyst, Special Situations and Spinoff research, has acquired substantially all of the assets of WhiteSand Research LLC.
As a timely ideas factory, The Edge Group works with renowned activists worldwide and has a strong track record calling shorts like UBER in 2019, which had a -34% decline. The prediction of AT&T's break-up also came from The Edge in March 2019, and subsequently Elliott Management became active in October gaining a +40% return. These calls can be found on CEO Jim Osman's Forbes page.
Jonathan Duskin, CEO & Partner of Macellum Capital, spoke about his firm's activist intervention in Bed Bath & Beyond during The Edge's ideas conference, and it has surged +38% since November.
The acquisition of substantially all of WhiteSand's assets offers money managers even greater access to unique market intelligence in the niche Catalyst, Special Situations and Spinoff space. Activists benefit from The Edge’s independent perspective and have the opportunity to seize and trade global catalysts, special situations and Spinoffs.
In addition to WhiteSand, The Edge has brought on board Paul McCann as Head of Partner Relations, who said on joining the team, "I'm all about finding opportunities for my clients. The Edge has the expertise and knowledge I was looking for to help my clients win. Finding timely opportunities is the key and now I'm able to increase these by looking at both Spinoffs and Special Situations." Further details on partnering with The Edge can be found by contacting Paul directly at email@example.com or +1-630-808-8649.
By keeping costs low for funds, The Edge helps money managers by offering a proprietary model which consistently outperforms indices.
Jim Osman (CEO and founder of The Edge Group) said, “Value investing is dead. Catalyst investing isn’t. It’s part of the market which uses intelligence and skill beyond automation. No companies offer clients the expertise we can, and our timely unique ideas produce real returns.
“Acquiring substantially all of WhiteSand's assets was important because it grows our business as well as giving a whole new pool of investors access to ideas they can make profit from. As master stock-picker Peter Lynch said, ‘If you only invest in an index, you’ll never beat it.’ The catalyst space is sure to provide alpha in 2020.”
Reliance Partners (Reliance), a leading provider of commercial insurance products and services for transportation and logistics clients, appoints Brenda Wiser to the position of Chief Marketing Officer and announces expansion into Tampa, Florida, to accommodate rapid growth while leveraging the area’s strong industry presence.
Wiser is an accomplished insurance professional maintaining both her TRS (Transportation Risk Specialist) and CIC (Certified Insurance Counselor) designations. She also serves on the board of the Motor Carrier Insurance Education Foundation (MCIEF) and speaks regularly around the country educating industry associates on motor carrier insurance coverage and programs.
“Brenda adds 30 years of transportation insurance insights to the team,” says Reliance COO Laura Ann Howell. “We’re thrilled to have her on the team and excited to draw inspiration from her expertise to improve our processes and refine our client experience along the way.”
Reliance’s new location marks the company’s eighth branch office to be located at 2202 N Westshore Blvd, Suite 200, Tampa, FL 33607. The office will join existing locations in Austin, Texas; Chicago, Illinois; Birmingham, Alabama; Milwaukee, Wisconsin; Victoria, Texas, Sacramento, California, and Chattanooga, Tennessee. Teo Cardenas, previously charged with leading the agency’s first Florida office, in 2018, will remain at the helm in Tampa.
Reliance strategically selected the new location to accommodate an increase in market demands due to factors like the expansion of the Panama Canal, trade agreements with Cuba and other emerging Caribbean and South American economies, and I-4 emphasis as a freight corridor.
“The I-4 corridor has the 10th largest economy in the U.S. with a GDP of more than 0 billion,” says Reliance President Chad Eichelberger. “And with truck freight volumes in the Tampa Bay area projected to increase by as much as 65% by 2040, we’re poised to provide solutions for safeguarding the supply chain networks, like this one, that drive the American economy forward.”
ABOUT RELIANCE PARTNERS
Chattanooga-based Reliance Partners is America’s fastest-growing, privately-held insurance agency focused on the transportation and logistics space. Through the company’s commitment to service excellence and continuous process innovation, Reliance shields thousands of customers against costly risk and accelerates sustainable business growth.
Reliance has been awarded Best Workplace by Inc. magazine every year since 2016, voted 8th Best Workplace in America by Fortune magazine, named one of the most innovative and disruptive companies in freight by Freight.Tech100, and ranked Top 10 private companies in the U.S. for fastest growth according to Inc.com.
Reliance is hiring! To join an award-winning team, please visit our careers page.
For more information, please visit http://www.reliancepartners.com
blumshapiro, the largest accounting, tax and business advisory firm based in New England with offices in Connecticut, Massachusetts and Rhode Island, announced today that Heather B. Bearfield has joined blum’s Advisory Services Group as a partner. She will be based out of blum’s Boston, Massachusetts office beginning December 2019.
Bearfield has more than 15 years of experience in leadership roles managing risk and building information security management programs. Heather has extensive experience in IT Risk Management Consulting, Information Security Governance, Corporate IT Audit and Corporate Operational Risk functions. In her new role, she will serve as a blum Partner for Cyber and IT Risk Services. She will be responsible for managing risk and building information security management programs for blum clients.
“We are pleased to have Heather join our Advisory Services team. Heather brings a strategic, results-driven skillset and a proven track record in helping businesses enhance their risk capabilities. She has been extremely successful in building best practice IT governance, risk and cybersecurity control management tools and processes and is fully committed to blum’s focus on enhancing client value,” said Joseph Kask, chief executive officer of blumshapiro.
“Joining blumshapiro is a wonderful opportunity for me to bring my extensive cyber and IT risk management skills to a firm focused on expanding its advisory services throughout the Northeast and beyond. I look forward to working with forward-thinking, experienced professionals focused on providing clients with world-class expertise in the ever-growing area of global security and intelligence,” said Bearfield.
Prior to joining blumshapiro, Bearfield served as Principal of Cyber and IT Risk Services, National Service Line Leader at Marcum LLP based in Boston. Bearfield has a record of performance, reliability and success at identifying process and control weaknesses, analyzing complex systems and working with clients to streamline operations. A sought-after speaker for many industry events, Bearfield led global and nationwide IT assessments in numerous vertical markets inclusive of manufacturing, banks, financial services, colocation hosting facilities and application service providers. She previously led a security practice involving the execution of Internal/External Vulnerability Assessments, Penetration Testing, Wireless Assessments and Social Engineering.
Bearfield’s professional affiliations include membership in the Information Systems Auditing and Control Association, the Institute of Internal Auditors, Cambridge’s Who’s Who, the Boston Chamber of Commerce Women’s Advisory Board and Nichols’ College Board.
Bearfield is also a national leader in diversity and inclusion programs and has helped develop the Women’s Initiative and Diversity Awareness, among others.
Bearfield received her Masters of Business Administration in 2001 from the University of Vermont (UVM) School of Business and a Bachelor of Science in Business Administration in 2000 from UVM.
She is resides in Hopkinton, Massachusetts.
blumshapiro is the largest regional business advisory firm based in New England, with offices in Connecticut, Massachusetts and Rhode Island. The firm, with a team of over 500, offers a diversity of services which include auditing, accounting, tax and business advisory services. blum serves a wide range of privately held companies, government and nonprofit organizations and provides non-audit services for publicly traded companies. To learn more visit us at blumshapiro.com.
Safe Harbor CPAs, ranked one of the best CPA firms for the Bay Area community, is proud to announce a new timely post as the firm gears up for tax season 2020. Local businesses and individuals might feel sideswiped by new changes surrounding the State and Local Tax Deductions, or SALT. Revised caps on local deductions can derail plans for a smooth filing for 2020. Business owners and individuals can benefit from the expertise of a CPA well-versed in current tax law.
"In the tax world, things change all the time. Right now, we see several updates in the tax code affecting our clients," explained Chun Wong, Managing Partner at Safe Harbor CPAs. "Many businesses and individuals are still not fully aware of how the deductions around state and local taxes or SALT have impacted California residents. We are here to help the Bay Area sort through the current changes and focus on what they can write-off now to stay in the black."
The Bay Area community can review the new informational page by Safe Harbor LLP at http://www.safeharborcpa.com/you-cant-do-anything-about-sales-tax-but-you-can-about-income-tax-in-california/. Recent federal tax changes, including a cap on SALT tax deductions might mean large tax payments for Californians. Smart tax preparation by professionals in San Francisco could help. A team of skilled accountants knowledgeable in tax law can review itemized deductions to help meet the proper limits for a legally-sound tax return. The CPA's support both small business and corporate tax preparation as well as; S-Corps, C-Corp's, LLC's, and Sole Proprietors can all turn o the CPA firm for tax and financial advice. For example, interested persons can read the newly update page for individual tax return preparation at http://www.safeharborcpa.com/individual-income-tax/.
NEW ‘SALT’ LAWS CHALLENGE TAX PREPARATION FOR SAN FRANCISCO RESIDENTS
Here is the background on this release. San Francisco locals might dread the upcoming 2020 tax preparation season. Accountants are primed to help the community with stifling new laws designed to pull back deductions. Newly enacted tax rules could destroy a well-crafted filing plan and put a business or individual in the red. The Tax Cuts and Jobs Act (TCJA) of 2017 limits itemized deductions for both state and local taxes. The timing runs from 2018 through 2025. Californians might already deal with the burden of increased costs, including gas, raised toll fees, and sales taxes. Individuals and businesses could struggle to remain solvent after losing specific itemized deductions on top of the added state costs.
For these reasons, Safe Harbor CPAs has announced a new informational post just as the firm gears up for a busy tax season 2020.
ABOUT SAFE HARBOR LLP – A PROFESSIONAL CPA FIRM IN SAN FRANCISCO
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs help both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
Safe Harbor CPA
The staff at Palmer Public School in Nebraska will now have a quiet place to relax and recharge during the school day, thanks to a ,500 School Lounge Makeover® from California Casualty. The new lounge was unveiled Tuesday.
“We are very appreciative to California Casualty for providing this for us,” said Palmer Schools’ Superintendent, Dr. Joel Bohlken. “This will make a big difference because we really didn’t have a place for our staff to go for a moment to unwind and relax before heading back to the classroom,” he added.
Palmer English teacher and school librarian, Mary Gregoski, submitted the winning entry for the makeover. “This means we will now have a place of our own to get a short break before we return to the teaching environment. We are just so grateful that California Casualty thinks about educators,” she said.
The new staff lounge at Palmer School features a TV, two massage chairs, soothing “bubble water wall art,” coffee station, new tables, a refrigerator, and colorful paint and accessories. EON Office designers maximized the area for comfort.
The ,500 School Lounge Makeover giveaway was created to provide educators a more conducive environment to take a break, share time, and revitalize during their long days at school. This is the 13th School Lounge Makeover provided by California Casualty since the program began in 2011.
“We’ve seen the dedication of administrators, teachers and staff firsthand and we’re proud to show our appreciation,” added California Casualty Sr. Vice President, Mike McCormick.
California Casualty has other giving programs that benefit public schools and educators, including:
Learn more about California Casualty and its giving programs at http://www.calcas.com/newsroom.
Founded in 1914, California Casualty provides auto and home insurance to educators, law enforcement officers, firefighters and nurses across the country. Headquartered in San Mateo, California, with service centers in Arizona, Colorado and Kansas, California Casualty has been led by four generations of the Brown family. More information about California Casualty can be found at http://www.calcas.com.
Safe Harbor LLP, San Francisco's leading accounting firm for high income Bay Area taxpayers at http://www.safeharborcpa.com/, is proud to announce an alert to the public regarding preparations for the upcoming tax season. New state and local tax (SALT) guidelines could affect deductions an individual expects to write off on a federal tax return. A district court has dismissed a lawsuit filed by four states' against the federal government, ruling that the ,000 state and local taxes federal deduction cap is not unconstitutionally coercive.
"Throughout the year, wealthy Bay Area residents plan what to deduct on their tax returns and spend with that idea in mind. Due to new tax reform legislation, the rules have changed," explained Chun Wong, Managing Partner at Safe Harbor LLP. "Some states may be fighting the new rules in court, but right now, we have to plan for how things are at the moment. The community must understand this. We are ready to help and make sure they get the best returns possible based on this year's tax guidelines."
Bay Area residents and business owners can review the new alert on Safe Harbor's page at http://www.safeharborcpa.com/san-francisco-tax-preparation-cpa-salt-cap-not-unconstitutionally-coercive/. The San Francisco CPA firm focused on tax preparation services for affluent individuals posted an informational piece about the new state and local taxes (SALT) cap guidelines. Sweeping tax reform legislation in 2017 passed a ,000 cap on deductions for state and federal income tax. A current district court dismissed a lawsuit to challenge the SALT cap. The ruling can affect high-income residents this tax season. Bay Area locals can learn more about individual tax return preparation at http://www.safeharborcpa.com/individual-income-tax/. In all cases the best course of action is to reach out to a trained accountant in San Francisco for a one-on-one tax consultation; no two individuals are alike and only a detailed, evidence-based consultation can be the foundation of a tax strategy in light of SALT restrictions.
SAN FRANCISCO’S TOP CPA’S RELEASE CAP ALERT PRIOR TO YEAR-END TAX PREPARATION SERVICES FOR INDIVIDUALS
Here is the background on this release. The current presidential administration has not wasted time on implementing tax reform legislation. The goal to rein in deductions has impacted wealthy individuals throughout the United States. Current state and local taxes (SALT) cap guidelines could negatively affect San Francisco residents. Bay Area CPA's managing tax preparation services for individuals of high net worth are sharing the information before the end of the current tax season.
For these reasons, Safe Harbor is announcing an alert for the Bay Area. The San Francisco CPA team is ready to implement strategies in 2019 to help manage tax preparation services for individuals in a higher income bracket. A plan to stay within deduction boundaries can help Bay Area residents avoid triggering a tax audit.
ABOUT SAFE HARBOR LLP – A PROFESSIONAL CPA FIRM IN SAN FRANCISCO
Safe Harbor LLP is a CPA firm that specializes in accounting and tax services for individuals and businesses throughout the San Francisco Bay Area and greater California. Safe Harbor CPAs help both individuals and businesses with tax preparation, IRS audit defense, and audited financial statements. The firm prides itself on friendly yet professional service and utilizes state-of-the-art Internet technology to provide quality customer service.
Safe Harbor CPA
Posted in: Finance
Only a few days left before the biggest sale of the year and SmartBuyGlasses is offering huge discounts on designer eyewear this Black Friday! Save up to 70% on selected frames and get a 12% sitewide discount on all eyewear products. The offer continues all weekend into Cyber Monday with additional discounts during the following week, such as 50% off on blue light blocking lenses and 50% off on mirrored lenses, to name a few.
So save the date from the 29th of November until December 6th to find fantastic deals on more than 200 designer brands like Ray-Ban, Oakley, Versace, LMNT, Tom Ford, Gucci, and many more.
SmartBuyGlasses Black Friday and Cyber Week sale includes these amazing discounts:
Get the best deals on designer eyewear products at SmartBuyGlasses this Black Friday and Cyber Monday!
Don’t waste time standing in line. SmartBuyGlasses takes your online shopping experience to another level with the latest eyewear technology :
Whether you are buying the perfect Christmas gift, or simply treating yourself to some stylish new frames for the new year, with SmartBuyGlasses’ Black Friday and Cyber Week Deals, you are sure to find the perfect pair for you!
SmartBuyGlasses Optical Group is the world’s leading designer glasses e-commerce company. With operations across Asia Pacific, Europe, and the Americas, our portfolio of domain properties are market leaders in over 20 countries, including SmartBuyGlasses.com in the US and VisionDirect.com.au in Australia.
The New Financing is comprised of a .5 Million debt capital facility from Crestline Investors and an additional Million equity capital from Layer 7 Capital, proceeds of which will be used to refinance the current J.P Morgan Chase credit facility and provide growth capital for the company's next stage of growth.
Atlanta, GA. November 12, 2019. Total Server Solutions (“TSS” or the “Company”) today announced the closing of a .5 million credit facility provided by Crestline Investors, a Ft. Worth-based specialty finance lender, and a million Series B equity facility from Layer 7 Capital LLC (“Layer 7”), a boutique merchant bank based in White Plains, NY focused on the cloud computing sector. Combined with Layer 7’s initial Series A investment, Layer 7 has now invested million of equity capital into the Company. Since the closing of the Series A financing in December 2017, the Company has successfully acquired and integrated operations of Zero Lag, a managed e-commerce specialist based in Los Angeles, CA, and NationalNet, a managed hosting service provider based in Atlanta, GA. The proceeds from the financing's will be used to refinance the Company’s existing credit facility from J.P. Morgan Chase and to provide expansion capital for the Company’s future growth. Layer 7 Capital acted as the Company’s exclusive placement agent for the debt capital raise and DLA Piper provided the company with legal representation.
“We have covered a lot of ground with acquiring and integrating two great companies since Layer 7’s initial investment, more than doubling our geographic footprint, tripling the talent on the team, and completing our base platform layer which provides capacity and automation for rapid growth around the globe,” said Gary Simat, CEO of Total Server Solutions. “We will continue executing on our focus on helping mid-market companies with their digital transformation initiatives in ways that best fit their goals, be it over our global cloud and bare metal platform, which resides directly on internet exchange points within major markets, commodity cloud providers such as AWS, Azure, and GCP, or emerging edge solutions partners.”
“We are very pleased to be working alongside TSS at this major milestone for the Company,” said Steve Lee, Managing Director of Layer 7 Capital. “We believe that TSS is well-positioned in its evolution as a hybrid edge computing solutions provider and we look forward to continuing our exciting journey together.”
“We are excited to work with the TSS team to provide capital to assist them in further developing their leading cloud solutions,” said Will Palmer, Managing Director at Crestline Investors. "Data infrastructure is a key area of specialization for Crestline, and we are excited to use this knowledge to help support TSS’ continued growth."
About Total Server Solutions
Total Server Solutions (https://www.totalserversolutions.com/) is a premier hybrid cloud and edge solutions company with nodes in 25 major metros in North America, Europe and Asia. TSS helps midmarket businesses manage, secure, and back-up mission-critical applications.
TSS specializes in providing highly managed and network optimized IaaS in a hybrid environment. The company takes a consultative approach to design and provision a combination of hosted private cloud, bare metal, and third party commodity cloud infrastructure.
TSS’ self-managed network connecting all of its 25 nodes allows its customers to follow where their customers consume their services. All of the Company’s compute nodes are located directly within global interconnect hubs owned and managed by Tier 1 data center operators such as Equinix and Digital Realty, who offer direct cross-connect to hyperscale cloud providers such as Amazon AWS and Microsoft Azure. Given the geographic positioning and performance transit network, TSS can provide superior application performance with the lowest latency possible for its clients’ workloads. Applications and workloads can be positioned quickly and easily using a single vendor, pricing, and orchestration stack.
TSS specializes in providing application management for eCommerce, with approximately a third of its business coming from managing eCommerce platforms such as Magento, X-Cart and Pinnacle Cart. TSS also offers a geo-optimized edge WordPress Platform-as-a-Service for more demanding enterprise clients who grow out of a simple hosted CMS service that focus on ease of use over performance and connectivity. As a Global Strategic Level partner for Veeam,
TSS provides enterprise-grade back-up solutions for on-prem, hosted and cloud-based (Sharepoint & Office365) data.
About Layer 7 Capital
Layer 7 Capital (https://www.layer7capital.com/) is a boutique merchant bank focused on providing advisory services to companies within the Software-as-a-Service (B2B, B2C), Infrastructure-as-a-Service (Data Centers, Hosting, Cloud), Managed Services (Managed Applications, Managed Infrastructure, Managed Network Services, Managed Security, Outsourced IT), Internet-of-Things and Artificial Intelligence / Robotics verticals. Layer 7's advisory services include buyside and sellside M&A, strategic planning, valuation analysis and debt capital placement for sector companies and their current and potential investors. Through its affiliate Layer 7 Management LLC, Layer 7 also makes select investments in its focused sectors.
About Crestline Investors, Inc.
Crestline Investors, Inc., founded in 1997 and based in Fort Worth, Texas, is an institutional alternative investment management firm. Crestline specializes in credit and opportunistic investments, including financing and restructuring solutions for mature private equity funds. In addition, the firm manages a multi-PM equity market-neutral hedge fund and provides beta and hedging solutions for institutional clients. Headquartered in Fort Worth, Texas, the company maintains affiliate offices in New York City, Chicago, London, Toronto and Tokyo.
For more information, please visit https://www.crestlineinvestors.com.
Deerfield Beach, FL- October 30 – Rick Tobin of Premier Hotel Realty announced today that Beachside Gardens Convenience Suites, a 12-unit hotel, was sold Friday, October 25th, to a buyer from New York, for just over $ 2 million. Beachside Gardens Convenience Suites is located one block from the beautiful Atlantic Ocean and is a favorite of seasonal travelers because of its proximity to the beach, and to Deerfield Beach’s popular downtown shops and restaurants.
The seller enlisted the help of Premier Hotel Realty to present the property to qualified buyers who would appreciate the increasing values and economic stability in this seaside community.
Rick Tobin, Broker for Premier Hotel Realty and a Director of the Greater Pompano Beach and Lauderdale-by-the-Sea Chambers of Commerce said, “Lately, there’s tremendous interest from international buyers looking for a local beach-area real estate. Investors from around the world are noticing the long term value of our area. This is one of the many recent hotel sales that I’ve been involved in. I'm honored to be playing a part in bringing new owners to the area and only wish I had more properties for eager buyers."
About Premier Hotel Realty
Premier Hotel Realty, led by Broker, Rick Tobin, is based in Pompano Beach, Florida and globally markets a wide variety of commercial properties. Premier advises on hotel and other commercial transactions in South Florida's beach communities. Tobin also markets local apartment buildings, industrial properties and other types of commercial real estate, often marketing to investors from around the world, most recently including Canada, Sweden, the Ukraine, Denmark, Israel and various countries in South America.
For more information contact Premier at info@PremierHotelRealty.com or call 954-543-5411.
On September 30, 2019, Solariant Capital, along with its equity partners, Chubu Electric Power Co., Inc., Mitsubishi UFJ Lease & Finance Co., Ltd., and Bio Fuel Co., Inc., have closed financing on a 50 MW biomass power generation project, developed by Solariant Capital, in Kamisu City, Ibaraki Prefecture, Japan.
The biomass plant project will be constructed, operated and managed through Kamisu Biomass Power Generation LLC, a joint venture project company among the four partners with a senior project debt arranged by Sumitomo Mitsui Trust Bank, Ltd. and mezzanine debt through Mitsubishi UFJ Lease & Finance Co., Ltd. The 50 MWp plant will be utilizing biomass fuel, primarily palm kernel shell (by product of palm oil) and wood pellets to produce approximately 350 GWh’s of electricity annually, which is equivalent to an amount consumed by 110,000 households in Japan. The fuel for the biomass plant will be provided based on long-term supply contracts with 4 Japanese trading houses. The plant will also utilize wood pellets produced by Lumino Biomass Fuel, Inc., a wholly owned subsidiary of Solariant Capital LLC.
The EPC general contractor is a joint venture entity between Hitachi Zosen and Okumuragumi with the CFB boiler and the generator from General Electric Co and Toshiba Mitsubishi-Electric Industrial Systems Corp, respectively. The O&M contractor is JERA, one of the largest independent power producers in Asia. The construction of the plant will begin at the end of 2020 and is scheduled to start operation in July 2023. The energy generated by the power plant will be sold to Tokyo Electric Power Company (TEPCO) at a fixed rate of 24 yen plus value added taxes per kWh for 20 years under the current feed-in tariff program (renewable energy subsidy program). Japan enacted its current renewable energy subsidy program in July of 2012.
About Chubu Electric Power Co., Inc. Chubu Electric Power is a Japanese utility company established in 1951 and headquartered in Nagoya, Japan. It is one of the top three electric utility companies in Japan in terms of power generation capacity, electric energy sold, with a total assets of over 5.4 trillion JPY as of March 2019.
About Mitsubishi UFJ Lease & Finance Co., Ltd. Founded in 1971, Mitsubishi UFJ Lease & Finance leverages its flexibility as a nonbank and its knowledge of various products to address a diverse range of customer needs by expanding upon the functions we offer, from lease finance, corporate finance, service provision, business participation, to business operation.
About Bio Fuel Co., Inc. Founded in 2005, Bio Fuel is a Tokyo based company that handles planning, design, and construction of fuel production facilities as well as the development of renewable energy resources and consulting on natural energy.
About Solariant Capital LLC/Co., Ltd. Solariant Capital is a utility scale renewable energy project development and finance company, focusing on solar and biomass projects in Asia and North America with its offices in Pasadena, California, Tokyo, Japan, Manila, Philippines, Seoul, Korea, and Hanoi, Vietnam. Solariant Capital and its wholly owned subsidiary Lumino Capital are currently developing a number of solar and biomass projects in Japan, Philippines and the U.S., as well as energy wood plantations and biomass pellet plants in S.E. Asia.
For further information, contact:
Daniel Kim, CFA
Solariant Capital, LLC
Pasadena, CA / Tokyo, Japan
Contract Logix, a leading provider of intelligent contract management software, today announced the addition of new data management and intelligence functionality to its Premium™ and Express™ platform. The new capabilities enhance an already robust data management suite by giving customers the flexibility to truly customize how they capture, track, display, and manage contract data to match their business and individual needs.
Highlights of the new release include:
Contracts contain a wealth of extremely valuable and insightful data such as dates, terms, organizations, contacts, and related documents. With its latest release, Contract Logix has revolutionized the ability to leverage this data by providing full adaptability and control over how all contract-related information is visualized, curated, and reported through easy-to-use drag and drop fields that can be tailored to any contract management use case or departmental need. This new and innovative functionality is simple and intuitive for customers to configure without the need for complex and costly implementation services.
“We believe that data is our customers’ most valuable contract management asset,” said Tim Donaghy, CTO of Contract Logix. “Therefore, it’s critical that our technology lets customers quickly and easily transform that data into actionable and valuable business insights they can use to improve processes, uncover opportunities, and mitigate hidden contract risks. The new functionality we’ve just launched further strengthens our unique position to deliver on those promises.”
In addition, the recent enhancements provide the ability to easily create and track contract line items for buy-side and sell-side agreements. The new feature gives customers tremendous visibility into their contracts and streamlines the entire contract line item tracking process. Contract Logix users can simply add custom data fields within the platform that allow them to capture and monitor the details of exactly what they are buying, selling, or specifying in their contracts such as products, services, providers, payers, approved contractors, payment terms, delivery schedules, insurance requirements, etc.
Contract Logix has also announced that it has extended the integration of industry-leading electronic signature provider DocuSign to its Express and Premium platform. In today’s digital age, the use of electronic signatures to execute agreements is a critical component to improving the security, mobility, and overall user experience of any contract management process. Electronic signature technology helps organizations reduce risk by capturing an electronic signature verification and legally binding audit trail.
About Contract Logix
Contract Logix is a longtime leader, innovator, and provider of intelligent contract lifecycle management software. The company’s software empowers legal, administration, IT, procurement, finance, and sales professionals across dozens of industries to draft, negotiate, approve, execute, and manage their contracts. Hundreds of brands have partnered with Contract Logix to automate their contracting processes while minimizing risk, increasing compliance, and driving profitability. For more information about Contract Logix, visit https://www.contractlogix.com and follow us on LinkedIn.
Counsel Financial announced today that it will continue its long-standing commitment as the headline sponsor “Business of Law” program at the Mass Torts Made Perfect™ seminar (MTMP) in Las Vegas. The featured program will jumpstart the fall seminar which includes three days of continuing education, cutting edge information on the latest litigations and networking with the nation’s preeminent attorneys. More than 1,000 plaintiffs’ attorneys from over 500 of the top firms in the country will be in attendance.
The conference is focused on mass tort litigation and those attorneys looking to enter the practice area or expand their existing case portfolio. MTMP brings in a wide variety of prominent speakers to impart insight and knowledge on emerging litigations, much of which is specific to contingent-fee practice. Adding to and diversifying your caseload, lien resolution, financing, marketing and lead procurement are just some of the topics covered. Networking is also a strong focus, with the opportunity to convene with trial lawyers from across the nation, as well as highly regarded vendors and service providers.
Director of Counsel Financial, Joseph DiNardo, Esq., will speak on Tuesday, October 22 at 10am on financing solutions for the challenges of a contingency practice. The presentation will specifically discuss how proper case financing leads to a demonstrated increase in successful resolution for contingency fee clients and their law firms. The pros and cons associated with forming joint ventures, acquiring cases and refinancing when necessary will be discussed in-depth. Of the opportunity, Mr. DiNardo commented, “I’m honored to again be invited to speak at this premier event. There are so many resources available to mass tort attorneys. Having a secure and reliable financing source that truly understands your practice, is no longer an option, but a necessary component of success in this fast-paced arena of litigation where the environment is constantly evolving.”
Counsel Financial provides innovative financing solutions specific to the needs of plaintiffs’ attorneys, including those looking to add a mass tort component to their portfolio or firms who are heavily involved in mass tort litigation. With enhanced flexibility and better terms, it can now meet any law firm need with financing options from 0,000 to million+. The attorneys and professionals on staff work with each individual law firm client to ensure provide financing that is custom tailored to each specific situation and the challenges that a firm is facing.
About Counsel Financial
Counsel Financial is the largest provider of working capital lines of credit to plaintiffs’ attorneys in the industry, having loaned over .5 billion exclusively to plaintiffs’ since inception. Counsel Financial sets the standard for innovation and flexibility in its loan offerings, structuring terms that are conducive to the unique demands of contingency-fee practices. Leveraging 200+ years of internal legal experience, Counsel Financial has financed the growth of firms in every area of plaintiffs’ litigation, including personal injury, mass torts, class action and labor and employment. The company is exclusively endorsed by multiple national and state trial organizations, including the American Association for Justice and The National Trial Lawyers.
(Ankang, China) On August 26, 2019, Chang Ming Mining hosted the signing ceremony between Ankang hanbin district Chang Ming mineral products Co., Ltd. and Star Global Group. Around 300 representatives attended the ceremony including Shaofeng Wang, Chief Engineer of the Ankang Development and Reform Commission, Huachu Tang, Chairman of the Board of Directors of Biying Ecological Holding Group, Jing, Li CEO of Starr Global Group (SGG), Jeff Zhou, MD of investment banking, Jinjun Lu,President of Ankang Henan Chamber of Commerce. Tianzhi Huang, Hanbin District President of the Wenzhou Chamber of Commerce. Zhongming Ding
Chairman of Chang Ming Mineral Products Co., Ltd., Zhuobin Ren, Chairman of Chang Ming Industrial Management Holding Group of the United States, Haiyang Zhang, president of the company’s US listing operation in charge of Chang Ming’s US listing.
Zhongming Ding, Chairman of Chang Ming Mineral Products Co.Ltd.delivered a welcome speech and introduced the market prospects and business philosophy of Chang Ming Mining to guests at the ceremony. He also explained his outlook on the direction and goals of Chang Ming Mining after entering the US capital market.
Jinjun Lu, President of Ankang Henan Chamber of Commerce, congratulated the successful partnership of the two global companies.
Haiyang Zhang, President of Shaanxi Chang Ming Mining’s US listing service gave a speech on Ankang District Chang Ming Mining Products Co., Ltd.’s US OTC market listing and future development plans.
Jing, Li, CEO of Star Global Group, shared her good experience on Chang Ming Mining's field trip and vision on their cooperation. She also expressed her confidence in their partnership.
Mr. Zhongming Ding, Chairman of Ankang Chang Ming Mining and Ms. Li Jing of SGG signed the strategic partnership agreement. The audience gave a lot of applause to the signing parties.
Mr. Huachu Tang, chairman of the board of directors of Biying Ecological Holding Group, congratulated Chang Ming Mining on its successful signing and shared his vision and analysis on the prospects of mineral resources.
Chang Ming Mineral Products Co., Ltd. was established in Ankang hanbin district, Shannxi Province in October 2010. It is a privately-owned company with shareholder structures. It is a key commercial investment enterprise assigned by Ankang city government to allow private owners to buy and operate local mines. The company mainly operates mineral processing, sales and vanadium mining businesses, with a registered capital of 390 million RMB. Chang Ming Mining obtained the mining right through a public bidding and registration process.
It legally completed registration, photographing, water and successfully completed the government registration by the Development and Reform
Commission. The environmental assessment, water protection, forestry, and safety supervision departments all gave Chang Ming construction approvals. Chang Ming is now in the mining construction and exploring period. The mining area is about 2.06 square kilometers and the average amount of vanadium can reach 0.815 %. The company's total reservation report shows the ore reserves are 60.94 million tons with a value of approximately 9.14 billion RMB, and the value of vanadium pentoxide is about 84.43 billion RMB.
On March 3, 2019, Chang Ming Mining successfully listed on the Nasdaq OTC market in the US. The stock trading symbol is CMIM and the opening stock price was 1.08 US dollars.
The second-largest shareholder of Ankang Chang Ming Mining is Biying Ecological Holding Group, a US-listed company. Its core business is ecologically efficient agriculture, and its star products are "four treasures" walnuts, rich in "calcium iron zinc selenium". Biying Ecological Holding Group focuses on the technical aspect of the walnut planting and production field, development of walnut processing industry, walnut industry's culture and industrial chain. Their pioneer "small walnut" project is being promoted in China.
In addition to Chang Ming Mining, which is a mining integration platform, Biying Ecological Holding Group also owns LOONG new energy vehicles. LOONG vehicles rely on the core technology of super-capacitors and extenders which LOONG developed independently. After three years, it successfully built a matrix horizontal augmentation engine and negotiated with major operators and local governments to cooperate in the construction of a new energy automotive industrial park. LOONG strives consistently to achieve greater breakthroughs and development.
Another major innovative business of Biying is HSDK Entrepreneurship Hospital, which helps businesses solve problems. The hospital carries out diagnosis and treatment for companies. Wastak also creates practical solutions, support systems, and works to resolve business difficulties to help more companies succeed. Their aim is to build and expand more global business.
United Way of Frederick County (UWFC) and Frederick County Public School’s (FCPS) 11th annual Stuff the Bus school supplies drive kicks off on July 8th. We will be sending fifteen buses throughout Frederick on August 14th to collect Stuff the Bus bins filled with school supplies for students in need.
We are currently seeking businesses/organizations to host a school supplies collection drive at their sites. Interested businesses can sign up to collect supplies at http://www.unitedwayfrederick.org/stuffthebus.
Beginning the week of June 24, we will start to “paint the town yellow” by parking yellow school buses in various strategic locations throughout the community to promote and create awareness about the program. On August 14, the fifteen school buses will make their way around the community to pick up the collected items.
Ensuring that all students have the supplies they need to do their homework, take tests, and complete science and art projects is a simple but important way we can help them get their education and succeed in school. Over 10,000 FCPS students are in need of school supplies and financial assistance, based on free and reduced meals numbers for the total FCPS total student population.
In 2018, over 7,500 FCPS Maryland students benefited from the drive, more than 130 collection sites were set up, and 85,000+ items were collected in twelve school buses.
For more information about Stuff the Bus, visit https://www.UnitedWayFrederick.org/StufftheBus or contact Joyce Kwamena-Poh at jkwamenapoh(at)uwfrederick(dot)org.
About United Way of Frederick County
Since 1938, United Way of Frederick County has been fighting for health, education and financial stability for every person in the Frederick County community. United Way produces the ALICE (Asset-Limited, Income-Constrained, Employed) Report which shows that approximately nearly 40% of households can no longer afford to live in Frederick County. Our investments and programs are aligned to support and increase the financial stability of these households.
United Way of Frederick County partners include global, national and local businesses, nonprofits, government, civic and faith-based organizations, along with educators, health providers, senior citizens, students, and others. The organization provides grants to local nonprofits, offers programs such as free tax preparation and matched savings, mobilizes volunteers, and engages in public policy advocacy. To learn more about United Way and how you can get involved, please visit UnitedWayFrederick.org.
Advanced Energy Capital provided a factoring line for Pristine Property Management, Ltd (PPM) to enhance their working capital position. Pristine Property Maintenance is a mid-size company that has years of experience providing grounds-keeping and landscape maintenance services throughout the Greater Toronto Area. Their focus and expertise lies largely in the grounds and snow and ice maintenance for condominium townhomes and municipal properties.
The 1,500,000 facility was completed and funded on January 17, 2019 and provided significant working capital over and above Pristine’s incumbent lender’s line of credit.
“As a company that invoices in advance of our service and under long term contracts, we needed a capital provider who was comfortable with our operating history to structure a working capital facility that provides us the ongoing capital to propel PPM to the next level.” said Adam Watson, CEO of Pristine.
“Adam’s cooperation, history of corporate success and blueprint for long term growth made our job easy in closing and funding this cross-border transaction” Reported Richard Rudy, Principal at AEC. “We look forward to a long term relationship with Adam and PPM as they continue to execute on their business plan” said Steven Feldman, Managing Director of AEC.
AEC is a commercial finance company which provides working capital financing ranging from 0,000 to ,000,000 to small and middle market manufacturers, distributors, and service companies nationwide. Based in New York, AEC is committed to helping businesses increase their capacity for business transactions. AEC’s programs provide companies with capital in a fraction of the time it would take to process a loan through the bank and in many cases provide significantly higher proceeds than the traditional factoring companies and asset-based lenders, while taking on assignments the traditional commercial finance market ignores.
Singapore 2019. Mar.1- Longxing Global Mining Assets Digital Trading Platform attended The Block Challenge Event held by Dubai World Trade Centre(DWTC) in Singapore. During the event, Longxing announced that Longxing is officially listed on ExShell (token: LXS). The Longxing platform is the first digitized trading platform for mining assets based on blockchain in the world. Relying on blockchain technology, the Longxing platform recognized the upgrade from the traditional local offline trading mode to global online trading mode.
Depending on the technical advantage of the Longxing platform, cross-border transactions can be realized, purchasing qualifications can not be relied on, transaction thresholds can be lowered, liquidity and transaction efficiency can be improved, and transaction cycles can be shortened. As digital money payment has formed a good ecological environment, online iron ore, digital assets trading and linking to global mining assets intermediaries can not rely on traditional currency. In the future, with the help of the Longxing trading platform, online trading of iron ore, coal mine, non-ferrous metals, rare technology and other resources, will all launch on the blockchain and trading can be completed only with digital money.
Combining the latest technologies such as blockchain, Internet of things and AI, Longxing has cooperated with taoken bitcoin company to develop the global blockchain mining digital trading platform system. Based on the characteristics of mining, generating sales business process and mining assets, two blockchain systems are developed respectively: the system of business chain and the system of assets chain. Among them, the business chain system mainly needs to display company information, financial data, business and technology, production data, etc., and at the same time, give senior investors a real-time view of production and operation data; Assets on the chain system mainly include the creation of equity, audit and issuance functions, as well as information bulletin functions. Distributed nodes are located in issuers, law firms, accounting firms and all private investors, etc., providing investors with a transparent and untamable platform for operating data and assets.
“ExShell is a global leading digital financial exchange founded by two ex-senior executives of Huobi. The listing on Exshell is a new milestone for Longxing, it marks that the company is entering into the capital market and a new stage of development. We will make persistent efforts to constantly climb the peak.” Said by Oliver Ran, Chairman of TokenBit & Secretary General Director of Longxing.
CalcXML, the leader in online calculators, is pleased to announce their latest product called FIST® Score, a revolutionary financial health index used to gauge and improve financial stability. FIST is available to companies and consumers through a SaaS dashboard application. Chris Brockbank, the president of CalcXML, believes this unbiased personal financial index is going to modernize the financial world. “FIST® Scores will become as commonplace as FICO® Scores. FIST allows financial institutions to connect with their patrons like never before. As individuals better understand the “why” of sound financial planning the “what” follows naturally, through choice and without coercion. Trust is always key in relationships and the integrity of FIST® allows for that trust to happen!”
FIST® (FInancial STabilty) Score is similar to a credit score, but evaluates all aspects of a person’s financial health not just one’s debt levels and credit worthiness. This straightforward index (0-100 scale) can be used to help individuals quickly and accurately identify shortfalls in insurance protection, retirement accounts, and emergency funds. By answering a handful of questions users are able to pinpoint where the financial vulnerabilities lie within the categories of liquidity, debt, retirement and insurance. A colorful dial displays one’s calculated score in each category on the personal dashboard with the ability to compare scores against others nationally.
The user’s experience doesn’t end there, using AI technology, industry-standard interest rates and income replacement assumptions, the FIST® tool gives suggestions on how to improve one’s score and overall financial health. Users are able to follow the recommendations, set and track financial goals, and generate colorful PDF Action Plans on their way to improving their scores. FIST® also comes with personalized videos, advanced planning tools, customizable boxes for promotion of company product/benefit offerings, as well as single sign-on capability. Other features include administrative tools, marketing reports, target email lists and company-defined database queries. FIST® Score is now available for licensing and branding to employer groups, brokerage firms, insurance companies, banks, credit unions and other financial verticals.
Charter Capital announced today that Stephen Ray has joined the factoring company to further develop their growing portfolio of accounts receivable factoring services. Stephen Ray comes with a wealth of experience within the factoring industry in underwriting and business development.
Stephen joins Charter Capital to continue success in providing accounts receivable financial services to many of the top industries it serves. Stephen says, “I'm thrilled to join the Charter Capital family and cherish the journey that I have before me."
Keith Mabe, Senior Vice president of Charter Capital says, “We are delighted to have Stephen join Charter Capital and look forward to him helping grow our client portfolio.”
Charter Capital is a Texas based factoring company that has provided funding for small to medium sized businesses nationwide since 2001.
The unique aspect of Charter Capital is not only its flexibility in financing various industries, but also its ability to assist startup businesses. Funding programs are designed to provide a fast and steady source of working capital funds to businesses in need of an alternative to borrowing from traditional banks or costly online lenders. With a company mindset dedicated to fast, solution-oriented funding, Charter Capital fills the void created by limited access to traditional sources of working capital and gives small businesses a more reasonably priced option for funds than is typically offered by online lenders. Charter Capital offers factoring lines starting at ,000 up to million to customers in most industries.
To learn more about Charter Capital call 1-844-838-1424 or visit the website at https://www.CharterCapitalUSA.com.
Maritime Insurance International, an independent marine insurance agency, has hired two Marine Insurance industry guru’s to expand their East Coast footprint. The independent marine agency brought on Adam Meyer as Director of Sales – Southeast and Rod Clingman as Director of Sales - Northeast, respectively, as of November 1st, 2018.
For the last 19 years Rod has worked strictly in the marine insurance industry. Starting his insurance career as an underwriter for a P&C company, then moving into sales and product / policy development. He has worked with some of the country’s leading marine agencies and marine insurers. Prior to joining Maritime Insurance, Rod was a program manager for Berkley Recreational Marine (W.R. Berkley Co.)
Adam Meyer graduated Wake Forest University School of Law in 1996, then started his marine insurance career in Cincinnati as a Marine Loss Control Specialist with St. Paul Fire & Marine. He then went on to Chicago to specialize in Mega Yacht and Commercial Marine underwriting as an Ocean Marine Underwriter for St. Paul / Travelers. After 5 years in marine loss control and underwriting, Adam moved back home to North Carolina, where his passion led him to the agency and sales side of marine insurance. Since 2000, Adam has built an impeccable reputation as a specialist marine producer, and led two successful marine divisions.
Both Directors will focus on boat, yacht and commercial boat insurance in their respective regions, further expanding the East Coast and National presence of Maritime Insurance. “The experience and knowledge these two individuals add to our team, on both our products and industry, made this a natural fit for us all. We are excited to have them join our niche agency.” said Maritime Insurance Vice President Garrison Rudisill
About Maritime Insurance International
Maritime Insurance specializes in Boat, Yacht, Marina, Boatyard, Boat Dealers, & Boat Builder insurance solutions. MII has amassed over 100 years of collective experience in the marine industry and has a group of professionals that are unmatched in this niche insurance industry. They pride themselves on providing clients responsive and personal service coupled with competitive markets throughout the relationship. The agency is licensed in 46 states with offices in four port cities.
Offices are located in Charleston, SC; Annapolis, MD; Mystic, CT; and Wrightsville Beach, NC. For more information call 843-606-5270 or visit http://www.maritimeinsuranceinternational.com.
Platinum Risk Advisors (PRA) announces the launch of Loan Portfolio Analytics (LPA), an innovative outsourced solution to assist banks and credit unions in complying with the Current Expected Credit Loss (CECL) accounting standard. Dubbed the “10-minute CECL Solution,” LPA brings the industry’s first fully outsourced analytics tool for adopting and complying with CECL that also provides its users with valuable insights into the inherent risk in their loan portfolios and the performance of their loan officers.
Issued in June 2016 by the Financial Accounting Standards Board (FASB), CECL is the new “expected loss” accounting model for estimating the Allowance for Loan and Lease Losses (ALLL) to replace the current “incurred loss” model. CECL compliance takes effect in 2020 for SEC-filing and other banks considered a Public Business Entity under FASB standards, and in 2021 for all other financial institutions.
LPA is a complete outsourced solution that maps between the bank or credit union’s data processing system and PRA’s platform, enabling lenders to:
The impact of PRA’s loan portfolio analytics platform is immediate as lenders will spend less than 10 minutes a month to receive the valuable information provided by PRA’s solution. The LPA platform is stored on a SSAE#16 SOC 1 and SOC 2 compliant hosting solution that will keep a client’s borrower and institutional data confidential.
“LPA is the ultimate loan portfolio risk management tool for lenders,” says co-founder Toby Lawrence. “To our knowledge, it is the first CECL solution developed using the assistance of actuaries and provides users with additional information on risk, growth and profitability as well as loan officer performance." That’s a key point because as Lawrence explains, “with PRA’s solution, board of directors and senior management can finally have the information they have always wanted to strategically evaluate and manage their institution’s lending functions.”
As a CPA who was both a former senior partner in two of the nation’s largest certified public accounting firms, and a bank president and CEO, Lawrence knows first-hand how long and wide this industry gap has been, until now.
By understanding the concerns banks and credit unions would struggle with to implement and transition to CECL; the uncertainties surrounding what data is needed, what upgrades or new systems will be required and if existing internal staff will have the time to comply with CECL, served as the launch pad for the LPA platform versus the finish line to fully address the impact of CECL to each institution’s capital position and future earnings.
For a comprehensive sampling of LPA’s capabilities and a comparison to other CECL solutions, visit http://www.CECLadvisors.com. To schedule an individual or group demonstration contact Toby Lawrence at (319) 202-4365.
About Platinum Risk Advisors
Platinum Risk Advisors combines more than 100 years of expertise and experience across accounting, regulatory, lending, actuarial science, risk management, loss reserve setting and model development.
Chinese government has implemented policies to encourage companies to return to A-share market. With the fast growth of China’s economy, China concept stock’s privatization is increasing in 2018 after a number of companies including WuXi AppTec, Mindray and Cheetah mobile went private to China’s A-share market.
On November 11, China Customer Relations Centers, Inc. (CCRC) has announced plans to go private to A-share market in China.
CCRC’s announcement has led to more discussions by the capital market on privatization. Earlier this year, General Office of the State Council of China quoted China Securities Regulatory Commission’s (CSRC) policy during National People’s Congress and Chinese People’s Political Consultative Conference that based on China’s law and market policy, they encouraged innovative companies to issue stocks in China, especially industries with new technologies and strategies such as biotech, cloud computing, AI and high-tech manufacturing.
On October 19, 2018, CSRC announced during its press conference that they have taken steps to help restructure work including making reasonable prices to protect small and medium sized investors; actively supporting quality overseas listed companies to list in A-share market and treating overseas companies the same as domestic entities as well as eliminating barriers to entry.
Sources say, call centers and third-party providers of e commerce customer services are industries supported by Chinese government. This industry is labor-intensive with light assets and high tech. CCRC has advantages in this field.
Based on Chinese internet research data, the total market size of Chinese domestic call center is about 630 billion RMB or 91.1 billion dollars in 2017. Because of the large industry size and the market stability, its annual growth rate is about 8.4% and after 2020, it is estimated to be 5.5%. Currently, call center system is transitioning from local servers to cloud servers. Cloud call centers has become the majority of this growing market.
Many industry experts consider CCRC an absolute pioneer in China’s call center and e commerce service third party provider industry, especially during this era that Chinese government encourages domestic listing of quality overseas companies. The business model will be easier to be recognized by investors in the A-share market than Nasdaq. It will also provide more growth in value in the future.
(Oct 30, 2018 New York) Gingkoo Technology of Shanghai presented its vision on being a leading blockchain company in China during the Cryptocurrencies & Blockchains Forum at the 73th UN General Assembly. Gingkoo’s founder and CEO William Zuo gave a speech on how blockchain has been applied to the economy at the global conference in New York.
Gingkoo founder William Zuo speaks at UN
Representing Georgia, France and Germany, the Leading Group on Innovative Financing for Development invited experts from government and private sectors to provide insight into blockchain technologies and the potential impact on development. Blockchain technologies are critical to finance the 2030 Agenda and the Sustainable Development Goals.
Gingkoo’s founder, William Zuo shared his vision on blockchain with government officials, experts and entrepreneurs. He pointed out that blockchain technology should serve society from five tiers of the economy: government, financial institutions, large corporations, small and medium size enterprise (SME) and individuals.
Zuo says, “Blockchain should have two core values: one is the trust machine, with trust by coding and programming. The other is to build the next generation value internet.”
Gingkoo, the Shanghai based fintech company has successfully applied blockchain technology to serve government and financial institutions clients worldwide.
In Guangzhou, Gingkoo has guided local government in adopting a blockchain solution to improve government affairs and transparency, which has been awarded as the top 10 Blockchain Application by China Ministry of Information and Industry. They also created a garbage classification solution by using blockchain+IOT technology for the local governments. The company deployed a food traceability project from northern china to address the problem of food safety concerns in China.
In the financial services arena, Gingkoo’s cases include payment and tax solutions, supply chain finance and Regtech solutions. Gingkoo’s clients include major commercial and central banks such as HSBC, Citibank, Morgan Stanley, Deutsche Bank and UBS etc.
As the biggest solution provider for CIPS, China cross border payment system of China central bank, Gingkoo has been a key player to support the country’s one Belt one Road Initiatives and to develop blockchain-enabled cross-border, cross-currency and cross-asset payments and logistics solutions, which could revolutionize the supply chain finance sector worldwide.
Meanwhile, David Ritter, CEO of Penta and co-founder of Gingkoo, Florie Zheng joined the meeting and shared Penta’s work progress on blockchain. Penta, a public chain, is leading the solution of identity issues for the homeless population in US west coast cities. In July 2018, Penta was the first blockchain crypto startup to complete acquisition of shares of AXS listed Australian IOT tech Company, CCP Technologies, using Penta’s PNT Cryptocurrency.
(L-R) Florie Zheng, David Ritter of Penta at UN
Zuo pointed out the other advantage of blockchain is to resolve the trust issue among SME. Gingkoo has used blockchain technology in Xiamen City to help SME financing and individual credit information sharing. This case was one of the first successful attempts in its field and was shared by Zuo at the Berlin World Bank SME Financing Summit in Nov. 2017.
As Gingkoo aims to be the first blockchain application solution provider in China, Zuo shared his vision on the future of blockchain, “I think blockchain should be green, inclusive and productive. I think everyone in the future will deserve opportunity of the blockchain.” His speech has been applauded by hundreds of attendants at the UN event.
On September 4 and 5, Wiliam Zuo gave a speech as an honored guest at the Organization for Economic Co-operation and Development (OECD)’s first ever Blockchain Policy Forum in Paris, which was considered one of the high-level discussions with a range of public officials and private leaders from all over the world.
William Zuo Gingkoo CEO speaks at OECD Blockchain Policy Forum in Paris
About Gingkoo and Penta
Gingkoo Technology (www.gingkoo.com) is a Shanghai based leading Blockchain technology company established in 2014. It helps build complete blockchain solutions in banking, financing and government. Gingkoo has raised about 23 million dollars or 160 million RMB led by Zhongnan Investment Group (SZ.000961).
As a member of China's Ministry of industry and information and the National Standardization Management Committee, Gingkoo Technology participates in the formulation and compilation of several national standards of blockchain, and several district chain experts have been selected as members of the ISO/TC307 international standard specialist group. Gingkoo is the first company to receive the prestigious Million RMB Award for Blockchain from the Shanghai municipal government, recognizing Gingkoo’s outstanding contributions to blockchain development. In explaining their decision for the award, the government cited Gingkoo’s credit chain as a groundbreaking project that enables SMEs to gain access to credit.
Penta (www.penta.global) is a joint project of permissionless chain by Gingkoo and an American team. The goal of Penta is to achieve a fast-decentralized infrastructure compared to ETH and EOS. Penta has raised 30 million dollars in private funding, invested by crypto funds including Draper Dragon, Node Capital, Block VC and LD Capital.
Image courtesy of UN and OECD
Dallas, TX: KryptoGraphe is pleased to announce that its cryptocurrency portfolio manager is compliant with the GDPR regulations. The EU General Data Protection Regulation (GDPR) is the most comprehensive EU data privacy law in decades. Besides strengthening and standardizing user data privacy across the EU nations, it will require additional obligations for all organizations that handle EU citizens’ personal data, regardless of where the organizations themselves are located.
The new regulations are designed to better reflect the interconnected nature of our world regarding consumer’s right to privacy, protection of personal data, and business usage of personal data across the European Union.
The team at KryptoGraphe has updated the app to implement the data protection and privacy policies.
Download the app for free at:
Our partner and compliance administrator from Hummingwave, Amit Singh says: “KryptoGraphe has been trusted by thousands of its users with their cryptocurrency portfolio information due to its security, privacy, and transparency. Implementing GDPR makes these features so much more visible to users. Recent enhancements let users export their data in a machine-readable format to be used in any other system and to delete their account should they choose to.”
KryptoGraphe encourages safe investing and aims to provide a secure platform to track all cryptocurrency investments.
Insuranks.com, the international startup technology company and marketplace platform is looking forward towards complete disruption of the insurance industry by continuously improving the insurance experience of all sides of the industry. Insuranks is aiming towards creating as many simple, transparent, accessible, fast, reliable, secure and friendly user experiences for insurance consumers, agents, brokers and carriers. It currently has over 70 listed insurance companies and over 12,000 insurance agents on board.
The new Israeli technology startup is allowing consumers (also named Insurankers on the friendly platform) to request and compare quotes and purchase their insurance online with over 230 supported insurance types, manage it and later rank the level of service that they received from their chosen insurers. Insurankers rank anything from customer service and claims experience to emotional intelligence, listening skills, trustworthiness, dedication and more in depth factors that are important to look for in an insurance service provider. Those rankings aggregate in to what is called Insuranks Score, an average ranking of all user rankings submitted for each insurance service deliverer. This ranking is displayed all around the platform for the benefit of the users, so when they get quotes they can find all the information they need about the insurance provider and make a wiser and more educated decision. Or when they simply browse through insuance companies and agents or look for the top 10 insurance companies and agents for over 230 insurance categories that the platform supports. It becomes the insurers reputation all around the platform.
On the other hand, it also provides full information on companies and agents and allows agents and brokers to deliver quotes online through the carriers they work with via the easy to use marketplace platform. The agents insurance marketplace is fast, reliable and user friendly and contains a stream of insurankers that are waiting for agents to give them bids and quotes for their insurance needs. Agents can also manage their sold policies and clients online via desktop, tablets and mobile phones.
With a mission to create maximum remarkable insurance experiences worldwide while making insurance simple and accessible to anyone regardless of levels of income, education or location, Insuranks is now looking for big name investors and sponsors to support their efforts and become the ultimate one-stop shop for all insurance needs while offering consumers, agents and carriers the best insurance experience that they can possibly receive online.
Congress the Real Estate 2018 together with Stankevicius MGM has prepared an exciting investment event with presents and new business opportunities for participants worldwide.
About the event
The organizers of Congress the Real Estate 2018 are preparing a worthy event to attend for investors. The event will cover crypto-assets, overseas properties, museum pieces, different investment projects, possibility to purchase gold bullion, possibility to deal with stock exchanges, IT-technology projects, developer’s programs. Event’s participants will as well include insurance companies, tax consultants, and lawyers. Representatives and delegations from over 20 countries will come to the Congress.
Each year the congress offers innovative technologies and conveniences for guests and participants. Among the offers, you can find the matching opportunity of the first online exhibition of the Congress on the platform by Online Expo. The exhibition makes direct contact between the visitor from around the world and participating company on the platform, Online Expo.
About Stankevicius MGM
Stankevicius MGM is the leader in PR and advertising field. The firm has consulted Fortune 500 companies and international small and medium-size enterprises. Stankevicius MGM has provided successful PR campaigns for ICO clients in result of raising over 300 million dollars for blockchain projects
Real Estate Blockchain Platform METRUMCOIN Announces Pre-sale
METRUMCOIN — is a new generation digital Real Estate market platform that unites B2B, C2C and B2C into a single worldwide net designed for simplicity of use.
About the platform
METRUMCOIN — a multifunctioning, multilevel platform based on the Blockchain technology with the use of iDeals (the next generation of smart contracts). The platform is capable of bringing any participants’ business processes to life. The main purpose of the platform is to remove geographical, bureaucratic and transactional barriers, while uniting all participants within a single digital space for the international RE market. It substantially simplifies the activities of buyers, brokers, investors, developers, construction companies, and all those who consider the RE business their lifestyle. We are making the market available in just a few clicks. Transparency, speed and safety are in METRUMCOIN’s DNA.
About the project
The idea of METRUMCOIN project belongs to Mr. Telman Abbasov, a specialist with more than 25 years of real estate experience, and the President of the World Council of Developers and Investors FIABCI 2015-2017. The project was presented to the public at significant industry events such as "MIPIM-2017" in Cannes and "BlokTex-2017" in Kuala Lumpur. It has sparked great interest among RE specialists, as well experts from the IT industry. A team of highly qualified RE specialists determines company strategy. In addition, leading international experts assist METRUMCOIN. In 2017, we obtained a patent, which protects our methodology for attracting investments in real estate objects with the help of crypto-instruments.
Why to participate?
Real Estate allows quick and safe capital investment. Unlike other assets, RE assets do not devalue. We are offering unprecedented opportunities for conducting business both online and offline. Never before has conducting deals and transactions in the RE market been so easy! But that’s not all. Early participants of the project are guaranteed a 20% discount for purchase of METRUMS token.
Every single investment you make is your personal contribution towards the evolution of the RE market in the 21st century, as well as contributing to the project that will forever change the way business is conducted.
For further information about our project and technical details of the platform we recommend looking at the Roadmap and White paper.
Join METRUMCOIN’s pre-sale, and become the key to global RE market transformation
Don’tPayAll is inviting companies to list their coupon codes on its website and help consumers save money.
Coupon codes are continuing to be a key strategy for online merchants to pull in new customers and retain the old ones.
“Who does not want to save a few bucks by applying coupons?” says a Dallas housewife. “I always look for American apparel promo codes while shopping for a hoodie for my dog”.
American Apparel has perhaps one of the largest garment factories in the United States. Its collection includes even canine wardrobe items.
Simply put, Don’tPayAll by listing coupon codes is making it easy for shoppers to find bargain deals.
This leading coupon code website is listing coupons from popular stores such as Udemy, Walmart, Sephora, Stereo, Vans, and more.
“SAS shoes are a favorite of my family,” says a sales rep of a pharmaceutical firm. “We always look for SAS shoes sales coupons for that bargain deal”.
Don’tPayAll is a one-stop window for coupons. By adding thousands of new coupons every week, it is making available to consumers hot deals and special offers from thousands of online merchants.
Its user-friendly interface is remarkably easy for online shoppers to navigate and search for coupons they want.
“We are different from other coupon traders”, says a rep of Don’tPayAll. “We put a great deal of effort while selecting coupons from vendors and affiliate marketing networks”.
The remarks from Don’tPayAll seem reassuring. The website asserts that they pre-substantiate the coupons to ensure their credibility.
“It can be a frustrating experience to apply the coupon code at the last leg of our buying process and find it isn’t working”, says a college sophomore.
But coupon codes may not work for several reasons. There could be exclusions, restrictions, or the user may not have entered it correctly.
Don’tPayAll is making it convenient for shoppers to regulate their online spending.
“Even though good deals are abundantly available online, promo codes must be obtainable at the click of a few buttons”, says an avid online shopper.
Don’tPayAll is doing this very well.
The website has daily deals, cash back stores, and top coupon codes from practically all categories of stores.
100 million visitors to Don’tPayAll possibly cannot be wrong.
Don’tPayAll is building its presence even stronger with subscribers and affiliates crossing the 10 million mark.
Don’tPayAll, a registered trade mark of BOGO COMPANY LTD., is a top firm in the coupon trading market. It provides a huge assortment of active coupon codes and deals from thousands of reputable brand names from across the globe.