Category Archives: Bankers

PSI Pay: The Differences Between European and American Payment Models

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The managing director of PSI Pay, Phil Davies, recently gave a personal perspective on the differences between American and European payment models. Since the dawn of time when bartering was replaced by the exchange of goods for currency wallets or purses have been used. This was because they offered a convenient method of carrying the currency that you needed to use in exchange for goods or services. As we entered the digital age, the wallet is now transforming from a physical object to more of an electronic concept. While the methods are different, the result is the same.

Phil Davies has described the difference between the American model and the European model of electronic wallets in regards to how his company PSI Pay functions within the financial technology marketplace. In the American model, it is based primarily on the fact that someone wishes to buy goods over the internet. In the American, business involves the trade of one class of goods for the same class of good. There are no elements of stored value. Sales are usually entirely based payment cards which lends to the possibility of chargebacks. In the model used in America when a customer goes to a merchant and decides to pay they are typically presented with various payment options. When one chooses the E-Wallet option it is generally linked to a card. This allows the easy specification of the receiver of funds and the transaction is in coded in an appropriate way, and the funds are then passed through to the end of the sale.

PSI Pay the financial technology company which is the leading payment processor in Europe has a different method of payment processing which Phil Davies has deemed the European model. In this model, there is catering to the various payment cultures across Europe in which only one of the options may be cards. One significant difference in this model is the incorporation of a stored value element which includes a multicurrency capability typically. In this model, the electronic wallet works almost identically to the way a bank account works. The critical difference is that the electronic wallets are not able to offer credit, so an overdraft cannot occur. This also disallows interest to accrue on account balances. While banks are typically guaranteed under European Union deposit protection laws up to a certain amount, the money which is in electronic wallets are safeguarded with no financial limits. With these wallets, funds must be deposited beforehand in order for a customer to conduct any type of transaction. Phil Davies hopes to have his company PSI Pay fit the second model so that they are able to offer a digital wallet with full transparency and accuracy.

Contact PSI Pay: www.companiesintheuk.co.uk/ltd/psi-pay

Luiz Carlos Trabuco Cappi: Taking Bradesco To New Heights

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Luiz Carlos Trabuco Cappi, most well-known as the CEO of Bradesco, is considered to be one of the most successful executives in Brazil. Bradesco is one of the biggest and leading banks in Brazil, and it was once known to be country’s largest bank. However, its rivals Unibanco and Banco Itau gained the distinction when the two independent banks decided to do a merging deal and become a single company back in 2009.

Bradesco is now considered as Brazil’s third largest bank after the merging of its rival banks. While only being in the third place presently, Luiz Carlos Trabuco Cappi never stopped working hard in order to gain more assets for the bank. He managed to greenlight some decisions that would put the company back on track. He managed to make Bradesco cope with its rival banks companies, surviving any financial problems that it faced, and it has managed to keep its distinction as a reliable and stable financial institution in Brazil.

Read more on Bloomberg.com

Born in the city of Marilia, Luiz Carlos Trabuco Cappi always wanted to work in the financial industry after learning that Brazil’s largest bank has originated in his home city. He studied at the University of Sao Paolo where he took Faculty of Philosophy, Science and Letters. Immediately after graduating from college, Luiz Carlos Trabuco Cappi decided to look for a job and soon found one at a local Bradesco bank and learned how financial institutions are operating. He worked endlessly day and night, and because of his perseverance, he was soon promoted and has climbed the ladder of success. He became a CEO years after he started working at the bank, and while serving as the CEO of the bank, he used his entire skills and knowledge that he has acquired and learned through all the years so that he can fix all of the company’s troubles. He was considered to be one of the best CEOs that the company ever has, looking after the other executives working for the company. He has given them the autonomy to lead and direct the employees under them, and has appointed them to do and decide what they think is the best for their respective departments. Despite being lenient with the executives inside Bradesco, Luiz Carlos Trabuco Cappi would also want them to perform well. Every time an executive meeting will be called inside the company, Luiz Carlos Trabuco Cappi would ask the members of the executive department to share some thoughts as to how they can improve the company’s operations. He would also ask them about the present condition of their respective departments and see if they are doing ok. He is also fond of looking outside for potential talents, and he is scouting everywhere to find professionals who would like to work inside Bradesco.

Luiz Carlos Trabuco Cappi is also known for landmark decisions inside the company. He was praised when he greenlighted a bold move – purchasing HSBC’s Brazilian branch for more than $5.2 billion. HSBC is a global financial institution known internationally, and the move was unanimously approved by the chairman of the board. They know what Luiz Carlos Trabuco Cappi is doing, and that he is putting Bradesco on the right track. Because of the acquisition of HSBC’s Braziian branch, Bradesco have bounced back and has grown instantly. Luiz Carlos Trabuco Cappi received the Entrepreneur of the Year award because he managed to pull the annual revenue of Bradesco for six executive years, beating their record annually. Today, Bradesco keeps on being one of the strongest and most reliable banks in Brazil, thanks to the intelligent decisions that Luiz Carlos Trabuco Cappi has done.

Find more about Luiz Carlos Trabuco Cappi: https://br.investing.com/news/mercado-de-a%C3%A7%C3%B5es-e-financeiro/bradesco-retomada-de-credito-a-partir-do-fim-de-2017-diz-trabuco-508466

How Investment Banking is Lustgarten

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To many individuals, the conception of investment banking seems like something very new but a part of trading several persons misunderstand frequently. Due to that misconception, many people end up not understanding the benefits that come with investment banking. And bellow are some of the reasons why investment banking is so crucial:
Reason why investment banks are important to everyone
Investment banks play tremendous part within the marketplace as explained bellow:
 They assist clients to underwrite off equity securities and new debts
 They also contribute a lot to all types of corporations through helping them trade off their securities.
 They also assist clients in the acquisition of companies and mergers
 They perform a significant task in advising the investors on the most excellent practices on placement in stock markets and also on the stock issues.
Even though investment banking appears to be confusing to a few individuals, the existence of this kind of bank service has saved so many hustlers because these experts offer the topmost guidance to their customers who are committed who thinking of venturing into investment banking and they are also equipped with all the skills about investing. These are people who are so much devoted to helping their customers as much as possible. One of the examples of such people is Martin Lustgarten, who is precisely aware of what you should do so that you become successful in investment banking field.
What is the background information about Martin Lustgarten?
Mr. Lustgarten was born in 1959.He has worked in the financial services sector for not less than 2years.he is the founder of an investment bank called Lustgarten Martin (facebook.com) as well as the C.E.O of the same firm. He has managed to help some his clients in making flourishing transactions and to top it all his ability to build lots of dealings; this is as a result of his lengthy occupation in the industry.
Which has caused him to become an international business advisor? Another good thing about him is that he has a good interactive relationship with his valued clients, and they describe him as a good person because he is both friendly and professional. Follow Martin on Twitter to keep up with his news and events.