Allied Wallet Ltd is a firm that specializes in providing customized payment solutions to consumers and enterprises. Allied Wallet offers payment processing services in multiple currency denominations across counties worldwide. The company also provides merchant services such as; credit card processing, eWallet, business pro integration, global payment gateway, ACH payment, PCI compliance, business pro, payment gateway, and online processing, and ACH services for use by financial institutions. The firm was established in 2002 and has its headquarters in London, United Kingdom.
Major Developments at Allied Wallet
Addition of New Payment Options for Italy E-Commerce Market
Dec 18 18
Allied Wallet has added Trustly, Klarna, and MyBank to its list of payment options. The move is aimed at bolstering and supporting Italy’s fast-growing e-commerce market. Italy has over 19 million online shoppers who spend approximately €21 billion each year. The growth of Italy’s e-commerce industry can be attributed to the fact that 80% of Italian consumers opt for home deliveries. Italy’s e-commerce market is the fastest growing in western Europe. The country’s online sales have more than doubled from €9.6 billion in 2013, and it is projected that it will reach €28.8 billion by early 2022. Another factor that has led to Allied Wallet to add more payment options in Italy is the projected growth of the fashion industry. Fashion spending is big in Italy and is expected to grow exponentially by 2021.
Addition of New Payment Options for Malaysian E-Commerce Market
Dec 4 18
Similar to the case in Italy, Allied Wallet has added new payment options to support Malaysia’s rapidly growing e-commerce sector. Other than releasing new payment options, Allied wallet has developed compatibilities with several existing payment options including Malaysia’s most popular; 7-eleven, AirCash, and RHB Now, among other payment options. The reason for this development is to facilitate seamless, quick, and secure cash transfers. Allied Wallets payment options are designed to facilitate cash transfers between the banked population and the population that heavily relies on cash payments. Currently, more than 80% of Malaysians do not have credit cards to facilitate credit/debit payments making Allied Wallet’s payment solutions integral in facilitating online payments.
Learn more about Allied Wallet´s payment options at https://www.linkedin.com/company/allied-wallet
New Residential Investment Corp. is a real-estate company that takes advantages of opportunities in the industry. It purchases and manages properties related to residential markets. It majorly deals with excess mortgage servicing rights, securities backed by a residential mortgage, mortgage loans, and other investment opportunities.
According to New Residential Investment Corp, the residential markets are undergoing critical changes. The 19-million-dollar industry presents a lot of investment chances. After the U.S financial plunge, the real estate markets have experienced drastic structural changes that have given another direction on how mortgage loans are handled. The company has an edge over other market participants because it has the financial power. It also has industrial experience and helpful business contacts which are important in scouring the market.
The main goal of the country is to create strategies that will bring in more risk-adjusted revenue. That will catalyze fast growth of dividends for stakeholders. The Real Estate Investment Trust (REIT) company leverages on stable, long-term returns. The company also employs conservative use of capital to ensure enjoys high business among various interest rate markets. New Residential Investment Corp actively identifies and acts on opportunities, adjusts to the changing markets accordingly and expands its real estate portfolio for increased returns.
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Michael Nierenberg’s professional profile starts with his time at Lehman Brothers, where he worked for seven years. During his time there, he was instrumental in building the companies adjustable rate mortgage business. His expertise, skills, and knowledge eventually lead to him being placed in charge of the board of directors, acting as director.
Later, Mr. Nierenberg spent 14 years working at Bear Stearns. While there he held a handful of different positions in the companies leadership. One of these positions was the head of the interest rate and foreign exchange operations. Other positions included the co-head of the mortgage-backed securities trading department as well as the co-head of structured products. From 2006 to 2008, he also acted as a member of Bear Stearns board of directors.
After his time at Bear Stearns came his tenure at JP Morgan. While at JP Morgan, he also acted as a member of the Global Securitized division for some time, which he later became the head of.
After his time at JP Morgan, Michael Nierenberg joined Bank of America’s Merril Lynch branch in 2008. While there, he served as the managing director and head of the Global Mortgages and Securitized Products division. Additionally, he served on the management committee of the investment bank. He also held all responsibilities for the sales activities and trading for his division. After this, he served as the managing director at Fortress.
Mr. Nierenberg is now acting as the Chairman of the Board, Chief Executive Officer, and President of the New Residential Investment Corp, where he has been since 2013. Thanks to many of his efforts, the stock value has had a decent increase, coming in at $16.02 USD. Not only that, the stock is currently up 0.82 % +0.13 points. He is also currently holding the position of Chairman at the Samuel Waxman Cancer Research Foundation.
Michael Nierenberg currently has an estimated net worth of over $41.7 Million dollars. This was as of June 26, 2018. This net worth can be traced back to his ownership of stocks from the New Residential Investment Corp, where he owns 1,708,708 units of stock. At that time, the value of this stock was calculated to be $41,723,267, of which he has sold none over the last three years.
About Michael Nierenberg: www.newresi.com/contact
Notable efforts have been realized by Fortress Investment Group in the quest for the maintenance of the industry performance leadership. Since its formation, Fortress Group has been on the move towards achieving its fundamental goals which are the provision of quality services to its clients and also maximizing yields for its investors. These objectives have kept the company on toes and motivated it to put more efforts which have indirectly led to the company becoming the champion of the investment industry. Fortress Investment Group has also demonstrated tremendous growth that has made it recognized by a lot of investors who are always willing to put their wealth under the management of the company.
Fortress Group is propelled by various fundamental principles that have been designed and maintained through the organization’s stable leadership. One of the principles is the efficient and proper management of the company’s operations. The organization has developed management tools that are very robust in the monitoring of its investment strategies which at times are quite sophisticated. This helps the company to ensure that its operations can deliver value to its clients by providing impressive yields from their investments. This has been successful through close monitoring and evaluation of its strategic and operational facts on the ground to ensure that any trends in the investment market are properly analyzed, and their impact acknowledged.
Another aspect that has led to the flourishing of Fortress Investment Group is that of its asset-based strategy of investment. During the formation stage in 1998, Fortress Group’s main focus was on the management of private equity as the main source of investment funds. Later on, the management of the company contemplated the reduction of the company’s investment risk by diversifying its investment portfolio. This led to the introduction of other asset classes like the real estate, credit funds, hedge funds and other forms of traditional investment vehicles.
This led to the drastic growth of the assets under the management of Fortress Investment Group to the extent that it even won some of the industry awards that recognize the best performing organizations in the industry. Currently, Fortress manages assets worth more than $64 billion on behalf of its valued clients.
Randal Nardone was a co-founder and CEO and principal of fortress investment group. He got selected as the CEO August 2013 and had worked in the two positions from that point forward. Randal Nardone co-founded with Wesly Eden and Rob Kauffman in the year 1998, they made a private organization which brought forth Fortress Investment Group. Randal Nardone has a Bachelor in Arts in English and Biology from the prestigious Connecticut University, and a J.D. from the famous University of Boston the Law School. Randal Nardone got positioned as the 557th in the World’s Billionaires list in the Forbes magazine with assets of around One Billion, Eight hundred million US Dollars. He is a US citizen living in New York with his wife and son.
Randall is the chief of the credit organization at the fortress. He is an administrator and president of Springleaf Holdings. He is the vice president and secretary at Newcastle Holdings and a CEO at the fortress. Randal Nardone likewise worked at Thacher Profit and Wood as an accomplice. Additionally, Randal is a co-founder of an investment trust company enrolled under Fortress and he has served in it since November 1999 as a Secretary, a Vice-president, and as a CEO too. He has likewise worked at RIC, a Co-investment finance company, as its secretary, the CEO and its portfolio administrator. In May 1997 he worked at UBS as a managing director up to May 1998.
From June 2002 to 26th September 2016, Randal worked at Newcastle Investment Company as the secretary after which he got promoted to the Vice-President.Randall was the secretary and the CEO at IMPAC Holdings in May 1999. From 21st December 2011 to first August 2013, he worked at fortress as the acting CEO. Fortress got attained by Softbank for money amounting to three billion and three hundred million US Dollars. The Fortress co-founders Randall Nordone, Wes Edens, and Pete Briger remained even after the attainment. The attainment was intended to extend the capacities of the Softbank group and a one hundred billion US Dollar vision plot which is yet to be built up as per Masayoshi who is the son of the Softbank founder.
Talos Energy is an oil and gas exploration company based out of Houston Texas. The company specializes in offshore exploration and production. It has long-standing experience in the field of oil exploration. Talos Energy has many examples of projects it highlights as great successes on its performance profile. The company has amassed a large team of experts and collected expertise that has enabled it to employ state-of-the-art techniques in exploring deepwater resources in the Mexican Gulf.
Competition Catches Up with Oil and Gas Companies
Competition is rife in the energy sector. The low prices of oil, the ever-increasing competition between companies and the use of nationalized oil and gas exploration outfit have pushed the business prospects in the sector to the edge. Many company heads are scratching their heads trying to figure out how they will increase production and grow stronger into the future. There is always a notion of hitting it big and producing hundreds of thousands of barrels of oil. Thus, many companies bid for exploration contracts. The activities of the companies have also caused the flow of oil from the ocean bottom to the fuel reservoirs spread across the dry land.
PEMEX discovered an oil reserve near Sureste Basin, off the coast of Mexico. Many companies are rushing to be granted drilling rights. PEMEX is one of the major players in the oil and gas exploration in Mexico. The well has been named ZAMA-1. It is estimated that it is an interval exceeding a thousand feet. The well is estimated to carry large volumes of oil and gas reserves and may extend all the way to where there is a PEMEX-operated block in the neighborhood. Major offshore exploration companies have expressed their interest to perform drilling activity for appraisal purposes; which is scheduled to begin towards the end of the year. Some of the companies on the list include Talos Energy, Premier Oil, and Sierra Oil & Gas. PEMEX has on its part indicated that it will run the appraisal using a licensed well. A host of vendors have also forwarded their engineering designs for the pre-front-end, and have created a study scope that could help in the planning of the appraisal.
In an increasingly connected marketplace, successful businesses need to retain and attract customers and clients from around the world. With razor thin margins and tight competition very difficult to find a way to pursue these opportunities without taking on considerable expenses when it comes to banking payment processing.
Traditional banking comes loaded with fees, making it very difficult to break out of your company’s home nation. In many cases, international companies will open subsidiary offices and operations in order to take advantage of these markets. While this may work for the largest companies, smaller companies often struggle to get the investment capital needed for such an endeavor.
This is where smaller, boutique payment processors can bridge the gap between full-service banking and the lighter needs of small businesses. Companies such as PSI Pay focus entirely on payment processing rather than traditional banking. By doing things this way they are able to avoid costly regulation and other expenses, allowing them to keep costs down and their prices low.
Because they focus on payment processing rather than banking PSY Pay is able to offer payment transfers to any country in the world as well as instant currency changing across 44 world currencies. Companies are able to get instant payment processing without having to hold money from each and every country they do business with.
Another way that PSI Pay is able to reduce costs is to limit the amount of outside transaction processing required. Once a client is set up with PSY Pay they are able to make instant transfers to any other client on the network. Not only do the funds clear instantly, it comes at a much lower cost the competitors such as Visa.
This also includes transfers between departments within your own company. This can be useful for payroll purposes, as well as for allocating funds between departments. Executive leadership can ensure that each apartment is allocated their budget instantly and without additional expense.
These main corporate accounts are what are the main benefits that set Psy Pay apart from every other payment processor on the market. Rather than simply act as a necessary service they choose to add additional value to a business management, helping their clients reduce their own management costs as well.
As time goes on traditional banking is becoming less and less relevant to modern-day business. It really does seem as though small payment providers are finally taking hold and disrupting this centuries-old industry.
Contact PSI Pay: www.indeed.com/cmp/Psi/reviews?ftopic=paybenefits
Michael Burwell is an American businessman who graduated from the University of Michigan in 1986, earning a degree in business administration. He is also earned the right to call himself a certified public accountant. He spent the first 31 years of his professional career at one firm, Pricewaterhouse Coopers LLP. He had a number of roles as he advanced his career at this company including doing assurance practice auditing. In 1997 he was tasked with forming their transaction services practice that was to be established in Detroit, Michigan.
He became the chief financial officer in 2007 and the next year he was named the chief operating officer. In October 2012 he was promoted to being PricewaterhouseCoopers global and US transformation leader. Just under four years later, in July 2016, he was made a full partner of the firm.
During his time with this company, Michael Burwell specialized in managing many departments such as finance, technology, human capital, and global strategic sourcing. He was often chosen to be the senior relationship partner for many of his company’s most important clients. Burwell was an effective leader of the professionals that make up this organization and was very skilled at spotting efficiencies so that work could be performed more effectively. Go Here for more information.
In October 2017, Michael Burwell decided to switch his career up. He left PricewaterhouseCoopers and instead took a position as the new chief financial officer of Willis Towers Watson India Careers which is headquartered in the greater Philadelphia area. This firm is one of the leading international advisories and broker firms. Burwell was hand-selected to replace the outgoing CFO, Roger Millay, who had made the choice to retire. In welcoming him aboard his new company pointed to his 11 years of experience doing audits and 12 years of experience doing advisory services. They also welcomed his past experience doing providing business valuation services that were done with due diligence when a merger between two companies was being discussed.
In the statement released about him joining this new company, Michael Burwell said that he was honored to become part of the team at Willis Towers Watson. He said that when investigating joining them he was very impressed with the executives of the company as well as the culture they had been able to develop. He also was duly impressed by the commitment that they showed to always do right by their clients.
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Michael Burwell is an American executive who was appointed recently as the new Chief Financial Officer of the Willis Towers Watson, one of the leading financial institutions in the United States. Michael Burwell started his career as the company’s newly elected Chief Financial Officer last October 2017, and according to him, being the newest chief financial officer of the company is going to be a challenge that he has to face. With more than three decades working for the finance sector, the executives and the board of directors back at the Willis Towers Watson knew that Michael Burwell has everything that they need, and it is the reason why he was ultimately chosen.
During his 31 years of working in the financial sector, Michael Burwell developed the skills that made him rise above the others. His extensive knowledge of the business is also an advantage, and it gave him the edge versus other applicants who are vying for the job. His past experiences include being a global leader and a US transformation leader for Price Water House Coopers LLP, and he has been working with the company for more than 31 years. He would also be assigned to work in different fields within the company, and through his talent, in being a leader, the company has experienced significant growth through the years. Michael Burwell would also initiate buy-and-sell schemes for small and big businesses that would provide additional revenues for his former company. Find Additional Information Here.
After being active with the Price Water House Coopers LLP, Michael Burwell decided that it is time for him to move on and take on new challenges that would make him successful. Upon the invitation of the executives working for the Willis Towers Watson, Michael Burwell applied for the position of becoming the company’s chief financial officer. Michael Burwell knew that he is the one who deserves to get the post because of his experiences and the skills and the knowledge that he developed through the years. Michael Burwell will be replacing Roger Millay, who served as the previous chief financial officer of the company. Roger Millay wanted to retire, which is why he decided to go down from his post and gave everything left on his desk to the responsibility of Michael Burwell. Presently, Michael Burwell has been doing a great job, and his colleagues are praising him for being a creative and innovative person. He has a lot of ideas to offer to the company, and all of these are being entertained for the benefit of the firm.
Related Article: http://basketball.eurobasket.com/player/Mike-Burwell/Kazakhstan/BK-Barsy-Atyrau/189342?PlayerID=189342