NTBA Mainstreet http://ntbamainstreet.org/ Tue, 22 Nov 2022 05:58:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://ntbamainstreet.org/wp-content/uploads/2021/03/ntbamainstreet-icon-70x70.png NTBA Mainstreet http://ntbamainstreet.org/ 32 32 Propel Holdings brings online lending to Canada https://ntbamainstreet.org/propel-holdings-brings-online-lending-to-canada/ Mon, 21 Nov 2022 21:11:46 +0000 https://ntbamainstreet.org/propel-holdings-brings-online-lending-to-canada/

Boost assetsa FinTech that provides users with access to credit in the United States, entered the Canadian market with an online credit offering for underserved Canadian consumers.

Fora Credit is now available in Alberta and Ontario and will be rolling out to other provinces over the coming months, Propel said Monday (November 21) in a statement. Press release.

“Consumers across the United States have trusted Propel and its operating brands for more than a decade to provide flexible credit solutions, and we are excited to bring our offering to Canadians,” said the Propel CEO. Clive Kinros said in the press release. “We expect Fora to become a leading solution for the 25% of Canadians who cannot access credit through traditional financial institutions. »

With Propel’s existing technology infrastructure and artificial intelligence (AI) capabilities, Fora includes a digital application that allows consumers to apply for personal lines of credit and aims to serve those who have been unable to access credit through the through traditional financial institutions, according to the press release.

Propel’s algorithms and artificial intelligence technology allow it to make quick credit decisions, while its self-service portal makes it easy for customers to manage their line of credit, the statement said.

The company has also obtained a revolving credit facility shared between a senior lender CCB Maximum Financial and junior lender Stronghold Management to support the growth of the new Canadian portfolio.

“We are delighted to partner with CWB and Bastion on a credit facility for our Canadian business and look forward to advancing our strategic plan through this opportunity to expand geographically and serve lower risk markets,” said Kinross in the release.

This news comes about two months after the payment network To affirm said he was throwing his buy now, pay later to Amazon customers in Canada to enable them to responsibly increase their purchasing power.

How consumers pay online with stored credentials
Convenience drives some consumers to store their payment credentials with merchants, while security concerns give other customers pause. For “How We Pay Digitally: Stored Credentials Edition,” a collaboration with Amazon Web Services, PYMNTS surveyed 2,102 US consumers to analyze the consumer dilemma and reveal how merchants can overcome holdouts.

Capitol raises $10 million to revolutionize decision-making with an AI-driven data storytelling platform that frees the enterprise from data teams https://ntbamainstreet.org/capitol-raises-10-million-to-revolutionize-decision-making-with-an-ai-driven-data-storytelling-platform-that-frees-the-enterprise-from-data-teams/ Mon, 21 Nov 2022 17:05:00 +0000 https://ntbamainstreet.org/capitol-raises-10-million-to-revolutionize-decision-making-with-an-ai-driven-data-storytelling-platform-that-frees-the-enterprise-from-data-teams/

NEW YORK–(BUSINESS WIRE)–Capitol, an AI solution that helps healthcare insurers make critical decisions by visually unlocking data and bypassing decision-making bottlenecks, announced the closing of its $10 million funding round dollars with funding from 468 Capital, Designer Fund, Fuel Capital, Tokyo Black (Founder of Looker), Brian Chesky (Founder/CEO, Airbnb), Chase Coleman III (Founder, Tiger Global), Nomad Capital, AirAngels, Sanno Capital and John McCormick (formerly Blackstone). The company’s Data Stories platform uses artificial intelligence to generate insights that give healthcare users new access to data to instantly fight fraud, spot cost savings and improve quality of care health.

The funding round was led by 468 Capital. The company will use the funds to advance the platform, move out of stealth, and continue its adoption in healthcare. The platform will initially be used to help insurance executives find cost savings, improve member engagement and improve quality of care.

Most healthcare users are not data scientists but live in a data-intensive, sensitive, complex and ever-changing industry. A key feature of the Capitol Data Stories platform is the creation of an interface that builds on existing data analytics investments, but is geared toward business users. Data Stories give sales teams unprecedented access to data insights to make better decisions faster and stay ahead of customer demand. Already one of the top three US health insurers will deploy the technology as a customer this year.

“Most healthcare analytics tools aren’t designed for professional users, which means generating insights is extremely slow and relies on cumbersome legacy products,” said Capitol CEO Shaun Modi. “We solve this by letting our platform do the work and let the AI ​​find the information. We create a visual story for our users that gives them a guided analysis experience without being a data or design expert. »

Hiring data scientists and analysts to solve every data question has proven time and time again that it doesn’t scale effectively,” says Keenan Rice, investor and founding team member of Looker. “However, the need for analytics and actionable insights in organizations is only growing. With Capitol’s approach, users face problems and opportunities in their data, in real time, without a data team needing to perform the analysis. Capitol will fundamentally change the way anyone in an organization makes decisions.

Capitol has assembled a proven team with expertise in design, healthcare analytics, and advanced data systems; that, combined with experience building healthcare startups and businesses, is a winning combination,” says Florian Leibert, 468 Capitol.

About the Capitol

Capitol helps health insurers make critical decisions by eliminating the need for data scientists. The company’s Data Stories platform creates visual tools that bypass decision-making bottlenecks and give users instant tools to fight fraud, spot cost savings and countless other business decisions. Its founding team includes healthcare, data science and product design experts from Airbnb and Signify Health. The company is headquartered in New York and its investors are 468 Capital, Designer Fund, Fuel Capital, Tokyo Black (founder of Looker), Brian Chesky (founder/CEO, Airbnb), Chase Coleman III (founder, Tiger Global), Nomad Capital, AirAngels, Sanno Capital and John McCormick (formerly Blackstone).

3 Ways to Get Approved for a Car Loan or an Apartment as a Student https://ntbamainstreet.org/3-ways-to-get-approved-for-a-car-loan-or-an-apartment-as-a-student/ Sun, 20 Nov 2022 19:12:19 +0000 https://ntbamainstreet.org/3-ways-to-get-approved-for-a-car-loan-or-an-apartment-as-a-student/

About 45 million Americans have little or no credit history, according to Lending Tree. This makes it less likely that they will be able to get approval for a car or apartment loan.

Often, these major stages in life require a credit check. With little or no credit, you may have to pay a higher security deposit, find a guarantor, or search for an apartment without a credit check. And buying a car can mean a bigger down payment, getting a co-signer, or paying cash. All of these options may be inconvenient or impossible for a recent college graduate.

If you’re not in a rush to make a big purchase or live on your own, it’s worth taking the time to build your credit today. Here are three ways to get started:

Become an authorized user

Consider being an authorized user like the credit training wheels. It will allow you to build your credit with the help of someone else and introduce you to the basics of credit. When a parent, guardian or someone you trust – and who trusts you – adds you as an authorized user, you will receive a credit card in the mail with your name on it.

Often parents may choose to keep the card hidden for a few years before letting their child use it. But once it’s in your hands, it can be used as a credit tool or for emergencies. This option is good because once you are ready to apply for your own credit card, you will have a credit history to increase your chances of approval.

If reducing your debt is your priority, a credit card with the right financing tools is a smart move to consider. ANCHIY/GETTY IMAGES

As a senior in high school, I was added as an authorized user to one of my parents’ credit cards. By the time it was time to apply for my first credit card as a sophomore in college, I already had an established line of credit and was immediately approved.

In my experience, my number one advice is to become an authorized user as soon as possible if someone is willing to help.

Apply for a starter credit card

There are many starter credit cards with little to no credit history requirements. I would recommend student cards, secure cards and cash rewards cards.

A student credit card is the easiest card for a student to approve. We recommend Capital One’s Journey Student Rewards Card. This card is a valuable tool for earning rewards. With this card, you can monitor your credit profile with unlimited access to your credit score and automatically be considered for a higher line of credit in just six months.

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Next is a secured credit card if you have less than perfect credit. This card is backed by a cash deposit which will serve as guarantee on the account. This means that the issuer has additional security if the cardholder cannot make a payment.

Finally, opening a cash-back credit card will allow you to receive a percentage of the money you spend back, similar to a discount or coupon.

Responsible use of a credit card is essential to maintaining good credit. Once you receive your first card, your payment history will represent 35% of your FICO score. According to Lending Tree, if you’re more than 30 days late on a credit card payment, your credit score can drop as much as 180 points and can stay on your credit report for up to seven years, which can make even harder to get approved for a home or car loan.

Thanks to three years of on-time payments and keeping my credit card balances low, I was able to build my credit. It was easy to get approved for a car loan and an apartment without paying a security deposit or needing a co-signer.

Investigate other ways to build credit

I know how overwhelming it can be trying to build your credit. For some, getting a credit card or becoming an authorized user on a parent’s card is not an option. Fortunately, there are other options:

Consider applying for a credit builder loan. These are low risk loans that are easy to qualify for without a credit history. Additionally, all payments made with this loan are reported to Equifax, Experian, and TransUnion.

If you are a frequent online shopper, using point-of-sale installment loans may be an option to build credit. When you make a purchase, you can pay in four or more interest-free installments. While these services have their benefits, one downside is that you may be charged late fees if you miss a payment. I have experience with BNPL, but prefer to refrain from making online purchases unless I can pay for them in full.

Finally, services like Experian Boost can help boost your FICO credit score by tracking your monthly phone and utility payments. To use this service, you will need to show three months of payments within the last six months. Using this service will do more than boost your FICO score right now – it will also boost your credit in the long run. And after you get your first apartment, you can also use your rent payments to boost your score.

At the end of the line

Although you don’t need a credit score to get an apartment or car loan, not having one can make the application process more difficult.

Understand that credit is used for many things in adult life, so having a credit score that is in the good range will improve your chances of approval.

With a responsible lending practice, you’ll be well on your way to finding your next home or car before you know it.

Related: What You Need to Know Before Applying for a College Credit Card

SUMMARY 1-China Reports 24,473 New COVID Cases; some Beijing businesses closed https://ntbamainstreet.org/summary-1-china-reports-24473-new-covid-cases-some-beijing-businesses-closed/ Sat, 19 Nov 2022 09:18:29 +0000 https://ntbamainstreet.org/summary-1-china-reports-24473-new-covid-cases-some-beijing-businesses-closed/

SHANGHAI, Nov 19 (Reuters) – China reported a slight drop in new COVID-19 cases on Saturday as many cities across the country battled outbreaks and restaurants and many other businesses in Beijing closed after that authorities have urged people to stay at home over the weekend.

Authorities have recently taken steps to try to mitigate the impact of their difficult policy approach to zero COVID, which is hitting the world’s second-largest economy and sowing frustration and anger, even as the number of cases has reached its highest. high level since April.

Many businesses in Beijing’s Chaoyang district, the capital’s main financial and diplomatic district, have closed or announced only limited services.

A restaurant owner in the nightlife hub of Sanlitun told Reuters authorities told him and other outlets in the area to close for three days from Saturday.

Beijing’s outlying districts of Fangshan and Huairou have announced additional testing requirements for people entering from other provinces.

Beijing reported 79 symptomatic and 436 asymptomatic cases on Friday compared with 100 symptomatic cases and 366 asymptomatic the day before, according to government data.

Authorities in Beijing are on high alert in hopes of preventing the numerous outbreaks of Omicron variants in other cities from spreading to the capital.

The latest data for the country showed 24,263 new locally transmitted cases, of which 2,055 were symptomatic and 22,208 were asymptomatic, up from 25,129 the day before.

That daily tally is approaching highs reached when Shanghai’s financial hub was locked down earlier in the year.

This time, however, the cases are spread across many cities, where officials are weighing the costs and benefits of easing policies that have hurt businesses.

Guangzhou, a southern city of nearly 19 million people, reported 269 new locally transmitted symptomatic cases and 8,444 asymptomatic cases, compared with 255 symptomatic cases and 8,989 asymptomatic cases a day earlier, authorities said.

Guangzhou authorities recently announced they would build facilities with more than 250,000 hospital beds to deal with the surge in cases. This week, residents staged a protest in defiance of strict lockdown policies.

The Zhengzhou manufacturing center reported 182 new locally transmitted symptomatic COVID infections and 1,385 asymptomatic cases, compared with 107 symptomatic cases and 1,556 asymptomatic cases the previous day, according to government data.

Closures in the city have caused some workers to flee a factory operated by Apple iPhone maker Foxconn. Authorities have responded by offering low-level officials and residents cash bonuses on top of salaries if they stay on production lines. (Reporting by Josh Horwitz in Shanghai; Editing by William Mallard, Robert Birsel)

An investment for the future: how to pay for egg freezing https://ntbamainstreet.org/an-investment-for-the-future-how-to-pay-for-egg-freezing/ Fri, 18 Nov 2022 19:02:05 +0000 https://ntbamainstreet.org/an-investment-for-the-future-how-to-pay-for-egg-freezing/

As Geri Diaz neared her 34th birthday, she knew she wanted to take a few more steps in her career before becoming a mom. She had been thinking about freezing eggs for over a year.

“I wasn’t in a relationship, so I wanted to get rid of the pressure of having kids,” says Diaz, a senior education consultant in New York. Prompted by friends who had their eggs frozen, she decided to research fertility preservation clinics.

In 2022, Diaz found a clinic with a high success rate for healthy births from frozen eggs. The clinic also funded the egg freezing procedure, an important consideration for Diaz that helped her decide to move forward.

Diaz is one of a growing number of millennials choosing to freeze their eggs. According to the Society for Assisted Reproductive Technology, nearly 16,000 egg freezing cycles were performed in 2019 — an increase of nearly 90% since 2016 — and experts predict that number will continue to rise. But freezing eggs is expensive, and the process can be daunting.

Here’s what to know about the egg freezing procedure, what it costs and how to pay for it.

Demystifying the Egg Freezing Process

Egg cryopreservation, or egg freezing, is a method of preserving fertility at a time when eggs may be healthier. It can help those who wish to delay pregnancy for personal reasons as well as those undergoing medical treatments that reduce fertility in the future.

The process involves drugs that stimulate the ovaries for egg development over a 10-14 day cycle. This stage may require several clinic visits to ensure that egg follicle growth is on track.

Once the eggs have developed, the healthy eggs are removed from the ovaries and immediately frozen and stored. According to the Texas Fertility Center, most women freeze their eggs for five to ten years.

Freezing eggs does not guarantee that all eggs will be healthy enough to develop into an embryo. Patients may need to go through the process more than once, and success rates decrease as they get older. A greater number of eggs retrieved can increase the chances of a successful healthy live birth.

Alexa Silva, a 34-year-old lease administration manager in Dallas, recently began her egg-freezing journey. “If I never get married, I don’t want that to stop me from having children because I want to be a mother so I’m investing in my future right now. That’s exciting.”

How much does egg freezing cost?

The total cost for a single cycle of egg freezing varies by fertility clinic and patient needs, but generally ranges from $15,000 to $20,000. This includes egg retrieval, pre- and post-procedure consultations, medications, and storage for five years. The possible costs of thawing and fertilizing the eggs are separate.

Many fertility clinics offer financing plans to help pay for the egg retrieval procedure. Plans don’t always cover the initial consultation, annual storage fees, and medications.

Medication is often the second largest expense after the cost of the procedure, ranging from $2,000 to $6,000. This includes fertility drugs and antibiotics after egg retrieval. Diaz says she paid about $4,400 for medication over the course of a month — costs that weren’t included in her financing plan.

Besides the financial cost, many patients experience a physical toll.

“I didn’t know what it would cost me,” Diaz says. “It’s almost as if for the whole month of September, I was just out of commission. You’re basically going to be housebound.

Diaz is now on the other side of the egg retrieval process and feels relieved.

“There’s this huge pressure to perform in my thirties, and I don’t feel the pressure to put my career on hold anymore. I think mentally and physically and even career-wise, I feel much, much better right now. .”

Financing options for egg freezing

Here are the common options to consider for financing an egg freezing procedure.

Insurance cover

According to Mercer Health, an international health and benefits consulting firm, employers are increasingly offering health plans that cover fertility treatments, including egg freezing. Silva’s employer recently added coverage for egg freezing without the need for a specific diagnosis. This contributed to Silva’s decision to go ahead with the procedure this year.

Funding of the clinic

Many fertility clinics partner with finance companies that offer payment plans to clients. These plans typically have fixed monthly payments paid over one to five years, sometimes without interest. Future Family, a fertility finance provider that works with fertility clinics, offers loans for egg freezing procedures.

“I think it’s important to review all financing issues to make sure you’re being charged for the right things and understand the terms of the agreement,” Diaz says.

Personal loans

Some clinics work directly with personal lenders who can fund the procedure. San Francisco-based NYU Langone Fertility Center and Pacific Fertility Center both partner with online lender LendingClub to provide fertility loans to patients.

Personal loans are generally unsecured, with rates from 6% to 36%, depending on the borrower’s credit and income. They are available at some banks and credit unions, in addition to online lenders. Repayments are monthly, usually over two to seven years. Online personal lenders like SoFi, Discover, and Prosper offer personal loans that can be used for fertility treatments.


Individual savings can be an interest-free way to pay for egg freezing costs. Silva used money she had saved for years for her deductible and non-insurance costs, such as medication. If she could have gone back in time, she says she would have started saving earlier.

“I think you should look into it sooner rather than later and at least start making a plan or thinking about it,” she says. “That would be my advice to young women in the professional world.”

Approach costs as an investment

Freezing eggs is no guarantee. Success rates vary from clinic to clinic and not all eggs lead to pregnancy. The high cost can also be a barrier for many people.

Diaz and Silva view egg freezing as an investment in their present, as well as their family goals. Silva highlighted the mental and emotional relief she felt after freezing her eggs.

“I’m in a relationship and it’s going well, but I don’t want to have this pressure of deadlines. It’s just good peace of mind and it also takes the pressure off relationships so they can grow as they grow.

Lappi and Breen Complete Hyundai 2023 WRC Switch https://ntbamainstreet.org/lappi-and-breen-complete-hyundai-2023-wrc-switch/ Fri, 18 Nov 2022 08:00:46 +0000 https://ntbamainstreet.org/lappi-and-breen-complete-hyundai-2023-wrc-switch/

The South Korean manufacturer revealed on Friday that Esapekka Lappi will replace 2019 world champion Ott Tanak as planned, alongside Thierry Neuville, while Dani Sordo and former M-Sport driver Craig Breen will share the third i20 N entered. .

Hyundai kicked off the crazy start to the WRC season by announcing it was parting ways with Oliver Solberg, who shared the third i20 N with Sordo this season.

He then found himself needing a second driver after Tanak exercised an option to end his contract with the team a year early.

As a result, Lappi will now fill the seat vacated by Tanak and contest a full WRC season for the first since his 2020 campaign with M-Sport.

The Finn was widely tipped to take the Hyundai seat following Tanak’s departure after impressing on his return to the WRC top flight this year, sharing the third GR Yaris with Sébastien Ogier, where he scored three podiums in seven rounds .

Last year’s WRC2 champion Andreas Mikkelsen was the favorite to clinch the seat until Lappi emerged as a contender.

“Life is full of surprises! We didn’t expect to get the chance to join Hyundai Motorsport and drive a WRC program with a full schedule,” Lappi said.

“It really is a dream and a once-in-a-lifetime opportunity; we are very happy to join the Hyundai Motorsport family.

“The team has shown in the 2022 season that they are capable of developing the car a lot during the season and have chances to win on all surfaces.

“From what I have already heard, 2023 is looking very promising. We are well aware that there is a lot of work to be done, but with Janne [Ferme, co-driver]I commit to it.

“I think we have a lot to give to the whole team. I would like to thank Hyundai Motorsport for showing their confidence in us; we will do everything we can to succeed and achieve our common goals.

Ott Tänak, Martin Järveoja, Hyundai World Rally Team Hyundai i20 N Rally1

Photo by: Tomasz Kalineski

Hyundai has spoken of a desire to recruit experienced drivers following its decision not to renew its contract with Solberg for the third car. To fulfill this objective, the team has agreed to extend its agreement with Sordo, who will now be playing his 19th season in the WRC.

“The decision to re-sign with Hyundai Motorsport was clear and easy for me; in ten years they have become a family,” Sordo said.

“It’s my team and where I belong. They offered me another season where I can share the third car with another crew, which is in line with my personal preferences. I’m motivated to support the team and other crews as much as possible.

Sordo will share the wheel with Breen following the Irishman’s departure from a two-year contract with M-Sport a year earlier.

The move will see the 32-year-old, who has endured a tough year at M-Sport, join the Alzenau-based side in a similar role he held from 2019 to 2021, which earned him four podium finishes.

“Joining Hyundai Motorsport for the 2023 WRC season is like going back to basics for me,” said Breen.

“We’ve had some very memorable results together in the past, including several second-place finishes, so hopefully I can go further.

“I have followed the progress and development of the team with interest this season, and I can see the momentum building. To have the support of a team of manufacturers like Hyundai is special, and I’m sure we’ll have many more reasons to celebrate next season.

Exact details on how Sordo and Breen will split third-car driving have yet to be announced.

Introducing KODO Assets – Participate in the real estate market through tokenization https://ntbamainstreet.org/introducing-kodo-assets-participate-in-the-real-estate-market-through-tokenization/ Thu, 17 Nov 2022 21:15:00 +0000 https://ntbamainstreet.org/introducing-kodo-assets-participate-in-the-real-estate-market-through-tokenization/

KODO Assets

Nassau, Bahamas, Nov. 17, 2022 (GLOBE NEWSWIRE) — Individuals have long been buying and selling land as a form of long-term investment. Yet with the restricted amount of land and, by extension, structures everywhere, many governments and nations have very severe restrictions around it. Their unit costs are relatively high due to scarcity and growing demand; after all, every population (also expanding) wants a place to live and work.

KODO Assets introduces and applies tokenization to simplify the administration of all interactions with blockchain networks, such as the retrieval of token data and the operation of smart contracts. This in turn provides those who wish to dip their toes into the market with a platform that alleviates some key issues uncovered in the traditional real estate market.

Real estate perceptible gap

The potential of the real estate industry is clouded by a set of peculiarities that permeate the space. From an investor’s perspective, property prices seem to have skyrocketed around the world, especially in Sao Paulo. With the existing barrier to entry, many investors who wish to allocate a small fraction of their equity into a high liquidity asset find themselves discouraged from this increasingly demanding space.

High transaction costs and the time it takes to process them don’t help either. Buying real estate in Brazil is a formal legal transaction, which can result in a waiting period of up to ten days. The industry requires acute sensitivity to detect the best opportunities for action, it’s a meticulous process that can hamper an investor’s time and money.

With tokenization capabilities, KODO is able to bridge the gaps that haunt the real estate industry and shed new light on those who wish to participate in this hard-to-reach industry.

KODO’s Solution: Real Estate Tokenization

Kodo Assets was born out of the belief that tokenization is the best way to solve the real estate market’s biggest problems, such as low liquidity, high barriers to entry, high transaction costs and bureaucracy that keep many investors from investing. enter the real estate market.

With tokenization, sensitive information is converted into anonymous “tokens” that can be stored and used in a system behind the firewall. Tokens are pieces of information that can be exchanged for other more important data. Data that has been tokenized cannot be decrypted or undone. For this reason, even if a tokenized environment were to be compromised, the original sensitive data would remain secure.

As the underlying asset is a low-risk investment compared to stocks or cryptocurrencies, it is reasonable to expect KODO1 tokens to have higher liquidity than those invested directly in the immovable. Compared to the real estate market, entering the token market is easier because the minimum investment ticket is lower and the market is open 24/7 anywhere in the world.

Without the need for title transfers or property registration fees, the costs of buying and selling tokens will be lower than the costs of buying and selling real estate.

Rental logistics managed by the KODO team

A large multinational is currently renting the property and its lease will end on June 14, 2025. After deducting IPTU and condominium fees, the present value of the lease is US$19,979.84.

The KODO team will take care of the rental logistics during the rotation. It is also important to note that the IGP-M (General Price Index of Brazil) revises this sum on the anniversary of the contract and makes the necessary adjustments.

Distributions of rental income in the form of dividends

Once ownership is acquired, profits will be sent to people who own tokens using USDC, which is the most trusted and open stablecoin in the cryptocurrency market. KODO1 tokens will be returned to the wallet where they were originally stored at the time of distribution. This stablecoin was chosen because a major global independent accounting firm verifies it every month. Even though it is not a decentralized coin, it is a safer way to set up support for the asset.

Rents will be paid directly to the owner of the property, Kodo FL1 Administracao de Bens Próprios Ltda, and will be taxed at the rate of 14.53%.

It is agreed that 6% of pre-tax gross will go to the property management company and 10% will go into a reserve fund for reasons that will become clear later. Kodo Limited, which manufactured the tokens that represent the ownership rights, will receive dividends equal to the amount remaining after the removal of discounts (VRD). Finally, Kodo Limited will take care of distributing the money made from the sale of the tokens among the investors who bought them.

A solid project with a solid team

KODO Assets is backed by a passionate team of business and Blockchain experts. The CEO, Ciro Iamamura, holds a bachelor’s degree in production engineering and financial management as well as a degree in civil engineering. A budding lawyer, Iamamura plays an important role in consolidating KODO, with extensive experience to lead the company to new heights.

His impressive feat is closely watched by KODO CTO Andre Daher, who holds a degree in Computer Engineering from USP. An engineer familiar with all things web development and cloud-based applications, Daher is also an expert in blockchain technology, having familiarized himself with asset tokenization initiatives, digital wallets, and Web 3.0 applications.

The two form the backbone of KODO with their vast entrepreneurial backgrounds, promising a solid solution for the future of tokenized real estate.

For more information and to stay informed about the initiative, follow KODO on their social networks:

Website: https://www.kodoassets.com/

Twitter: https://twitter.com/KodoAssets

Facebook: https://www.facebook.com/kodoassets/

Telegram: https://t.me/kodoassets

LinkedIn: https://www.linkedin.com/company/kodoassets/

CONTACT: Ciro Iamamura KODO Assets ciro.iamamura (at) kodoassets.com

Bogor Police Receive Reports of 311 IPB Students Trapped in Online Loans https://ntbamainstreet.org/bogor-police-receive-reports-of-311-ipb-students-trapped-in-online-loans/ Thu, 17 Nov 2022 08:53:31 +0000 https://ntbamainstreet.org/bogor-police-receive-reports-of-311-ipb-students-trapped-in-online-loans/

TEMPO.CO, JakartaBogor City Police received two official reports and 29 complaints filed by 311 students of the Agricultural Institute of Bogor (IPB) who claimed to have been tricked into online loans following investments in an online shop. line when they were offered a 10-percentage profit. The students, however, did not get the promised benefit.

Deputy Chief of Bogor Municipal Police Adj. Comr. Ferdy Irawan explained on Tuesday that two official reports were received at the end of October 2022. The owner of the online store, identified as SAN, is still wanted for questioning.

“Based on the reports of complainants or victims, the number of victims who managed to be registered is 311 and most of them, not all of them, are IPB students. The person reported is the same , SAN,” Ferdy said as quoted by AntaraTuesday, November 15, 2022.

He mentioned that the total money involved was Rs 2.1 billion. Regarding the investment program, SAN would have offered online collaboration with a profit sharing of 10% per month.

As for investment requirements, Ferdy added, victims should apply for loans online. In total, there were five online loan platforms used by students. The loan money was then transferred to the SAN.

It turned out that SAN did not pay out the benefits to the students as promised. To date, IPB students are obligated to repay the loan.

“The items we can charge for now are items 372 and 378 regarding fraud and embezzlement,” Ferdy said.


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Business lending application, VeriLoan, now available on Finastra’s FusionFabric.cloud https://ntbamainstreet.org/business-lending-application-veriloan-now-available-on-finastras-fusionfabric-cloud/ Wed, 16 Nov 2022 09:30:12 +0000 https://ntbamainstreet.org/business-lending-application-veriloan-now-available-on-finastras-fusionfabric-cloud/ Copyright 2022 PR Newswire. All rights reserved

Supports digitization of front-end functions critical for banks looking to transform and establish a customer-centric approach to corporate lending

LONDON, November 16, 2022 /PRNewswire/ — Finastra today announced the availability of VeriPark’s cloud-based VeriLoan solution on its FusionFabric.cloud open development platform. Pre-integration with Finastra’s Fusion Loan IQ lending software provides out-of-the-box integration between loan origination and servicing functions – joining the enterprise lending process for clients, from the moment where they apply for funding, to servicing the loan.

The application is easy to deploy and offers users flexibility and easy drag-and-drop customization to support loan structures of varying degrees of complexity. Designed to manage the entire origination lifecycle on a unified platform for SMB and enterprise customers, VeriLoan provides greater transparency to borrowers and reduces closing times.

“The past few years have been extremely disruptive for businesses around the world, with major shifts in technology and customer expectations shaking up the landscape,” said Robert Downs, VP Product Management, Fusion Loan IQ at Finastra. “VeriLoan’s integration with Finastra’s lending solutions via FusionFabric.cloud means that our financial institution customers benefit from this orchestration to centralize and streamline the loan origination process, while providing a user-friendly and digitized borrower experience. to their customers. Together with VeriPark, we enable banks to employ innovative technologies that will help them grow.”

By streamlining the loan origination process, VeriLoan allows banks to make quick, risk-based lending decisions using predefined and customizable rules configured to institutions’ credit standards. VeriLoan reduces average loan application processing time by up to 75% and can significantly increase application processing capacity per month, reducing most manual touchpoints.

“Customers expect banking processes to be digitized, but while the retail banking landscape has become more automated, many corporate lenders are still catching up,” said Özkan Erener. , CEO of VeriPark. “Finastra is a valued partner and we are delighted that our VeriLoan solution is now available on the FusionFabric.cloud platform. The integration makes it easy for financial institutions to generate more engaging interactions with their customers by capturing their needs, obtaining personalized insights, and put customers at the heart of their digital transformation and innovation.”

For more information on the VeriLoan solution application on FusionFabric.cloud, click here.

For more information, please contact:

Sarah Mason
Acting Global Head of Public Relations, Finastra
J +44 (0)20 3100 3613
E sarah@metia.com

Catherine Vanmarsenille
Marketing Director, VeriPark
E Catherine.vanmarsenille@veripark.com

About VeriPark

VeriPark is a global solution provider enabling financial institutions to become digital leaders with its Intelligent Customer Experience suite. With its main offices located at United States, UK, Europe, Asia, Africa and the Middle East, VeriPark helps companies improve their customer acquisition, retention and cross-selling capabilities by providing proven, secure and scalable solutions for customer relationship management, omnichannel delivery, branch automation, licensing loans and Next Best Action. VeriPark works collaboratively with its clients to develop innovative technology strategies and solutions that reach millions of people every day and bring the promise of digital transformation to life.

www.veripark.com – info@veripark.com

LinkedIn; Twitter; Youtube

About Finastra

Finastra is a global provider of financial software applications and marketplaces, and launched the leading open innovation platform, FusionFabric.cloud, in 2017. It serves institutions of all sizes, providing solutions and services awards in the areas of loans, payments, treasury and capital. Markets and Universal Banking (Retail, Digital and Commercial Banking) for banks to support direct banking relationships and grow through indirect channels, such as integrated finance and banking as a service. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by around 8,600 institutions, including 90 of the world’s 100 largest banks. For more information, visit finastra.com.

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Dennis Allen says Saints will consider starting Jameis Winston against Rams https://ntbamainstreet.org/dennis-allen-says-saints-will-consider-starting-jameis-winston-against-rams/ Tue, 15 Nov 2022 19:51:00 +0000 https://ntbamainstreet.org/dennis-allen-says-saints-will-consider-starting-jameis-winston-against-rams/

Don’t let his high standard as a Pro Football Focus player fool you – Andy Dalton hasn’t been playing well for the New Orleans Saints lately, and his coaches are starting to take notice after they slipped 4-1 over the course. of last month. Saints head coach Dennis Allen discussed the state of the offense and considered his options at quarterback during an interview with local media on Monday.

“WWe haven’t been doing so well the last few weeks. I think we have to assess that,” Allen said of his offense, which has averaged 15.6 points per game over the past three weeks. Asked about a potential change under the centre, he added: “I think it’s something we have to look at.”

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The Saints benched Jameis Winston in Week 4 after being limited by back and ankle injuries, and Dalton played well enough to keep the attack afloat and better arm Alvin Kamara – for a while . After averaging 17 points per game in their first three weeks with Winston at the helm, the Saints averaged 29.6 points per game in six October meetings with Dalton in charge. But he crumbled with 13 and 10 point outings in each of their last two games, prompting talk of a switch.

Winston isn’t much healthier now than he was when the Saints iced him in September; Allen noted he would sit down with Winston and team medical staff to see if he was ready to start games again, but the fractured vertebrae in his back are still months away from healing. Winston is no longer actively receiving treatment from team doctors, which is why he hasn’t been listed on the injury report every week, but that doesn’t mean his body is fine. There is simply nothing more to be done about it now.

Maybe the Saints will make a move. To be frank, it doesn’t matter who starts at quarterback for this team given all their problems in each of the three phases of the game: whether it’s Winston, Dalton, Taysom Hill, the practice squad quarterback Jake Luton or time travel. Drew Brees at his peak, they are what their record says they are. A futile defensive effort and an error-prone special teams unit sank their season.

And it’s not exactly the best week to take out a setter with four cracked vertebrae. Los Angeles Rams superstar Aaron Donald is coming to town, and the Saints aren’t expecting any of their three injured starters along the offensive line to return to the field (i.e. center Erik McCoy, left guard Andrus Peat and left tackle James Hurst). Putting Winston there without reliable protection wouldn’t do him any favors. But it’s not like he or the Saints have better options. We’ll see if Allen finally makes a move here, but that seems to be the way the wind blows.