Banking | Martine Roch

A System of State-Based Regulations Define the Industry

April 22, 20211 min read

What’s somewhat unique about the US is that regulations are state based. That not only means that betting is legal in some states and not others, but it also means rules can vary from region to region. Therefore, when you look at the top-rated US sportsbooks, it’s important to consider what’s available and where. The leading review sites, such as SBO, will note the differences between states and, moreover, outline what is available in each region. This is important because someone in Virginia might not be able to access the same sportsbook as someone in Michigan.

The interesting thing to monitor in the coming years will be the development of liquidity sharing pacts and cross-state agreements. As it stands, New Jersey, Delaware, and Nevada have an agreement that allows licensed poker operators with sites in each state to merge their player pools. For example, WSOP.com/888poker lets customers in New Jersey … Read the rest

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Rich nations under fire for funding ‘bridge fuel’ gas overseas

April 22, 20211 min read

BARCELONA — Pressure on wealthy governments to stop financing polluting coal projects in developing nations is getting results, with more countries expected to announce this week and in coming months that they will no longer provide money for coal.

But the battle is far from won — and is now shifting to include oil and gas finance, climate change campaigners say.

Britain has led the way among major donors, saying it would provide no new government financing for fossil fuel projects overseas from this month, with “very limited” exceptions.

The United States is also preparing to announce restrictions, possibly at the Leaders Summit on Climate organized by US President Joseph R. Biden, Jr., on Thursday and Friday.

South Korea, Japan, and Canada could soon join them, and a handful of European nations, in pledging to phase out overseas aid for coal, climate finance experts said ahead of Mr. Biden’s virtual … Read the rest

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Regula: A Renowned name in Authentication Tech Industry

April 21, 20211 min read

Document authentication is the process to certify the authenticity of a document. Today, much of running a business involves working with banks and lenders. Having of good standing authorized is critical for international lending and for making sure your good reputation follows your business. Regula is a leading manufacturer of forensic equipment for authenticity verification of documents, banknotes and securities. The devices produced by Regula are supplied to more than 135 countries and in terms of innovation have no equals in the world. Every day, the company solutions are used by the specialists of the ministries of foreign and internal affairs, border control and customs services, airlines, banks, insurance companies in Europe, North and South America, Asia and the Middle East, Africa, Australia and New Zealand.

Ivan Shumsky, co-founder and director of Regula, asserts “Regula is a full-cycle company. And it is a unique phenomenon and a great … Read the rest

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Chauvin convicted of murdering George Floyd in landmark US racial justice case

April 21, 20211 min read

MINNEAPOLIS — Former Minneapolis police officer Derek Chauvin was convicted on Tuesday of murdering George Floyd, a milestone in the fraught racial history of the United States and a rebuke of law enforcement’s treatment of Black Americans.

A 12-member jury found Chauvin, 45, guilty of all three charges of second-degree murder, third-degree murder, and manslaughter after considering three weeks of testimony from 45 witnesses, including bystanders, police officials, and medical experts. Deliberations began on Monday and lasted just over 10 hours.

In a confrontation captured on video, Chauvin, a white veteran of the police force, pushed his knee into the neck of Floyd, a 46-year-old Black man in handcuffs, for more than nine minutes on May 25, 2020. Chauvin and three fellow officers were attempting to arrest Floyd, accused of using a fake $20 bill to buy cigarettes at a grocery store.

The jurors remained still and quiet as the … Read the rest

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Why you need a CRM strategy – including top options to consider

April 20, 2021April 20, 20211 min read

If your organization is using a CRM, or thinking about deploying one of the many modern options available, then creating a strategy to make the best use of this asset is sensible.

Here is a look at why formulating a CRM strategy is worthwhile, and which platforms and approaches work well.

Defining your needs to determine your choice

First and foremost, a CRM strategy should be leveraged to allow you to work out exactly what kind of CRM solution you actually need, according to the size of your business, the scope of your budget and the things you hope to achieve after adopting a new CRM.

Ultimately it is a bit of a balancing act; you need to make sure that the system you select is not just suitable for the scale of your operations at the moment, but also capable of growing and evolving along with them as your … Read the rest

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Betting on bamboo: Indonesian villages struggle to source safe, green power

April 20, 20211 min read

SALIGUMA – Cutting through the glassy water of a mangrove-fringed inlet on the east coast of Indonesia’s Siberut island, Mateus Sabojiat and Anjelina Sadodolu arrived home by canoe to Saliguma village.

Back in their house, Sadodolu lit a wood fire to boil water before her husband left for work at the local government office.

“The electric power is on only when it is time to sleep,” said Sadodolu.

The couple in their forties, who have six children, live just a few hundred metres from Indonesia’s first power plant designed to be fuelled by bamboo, one of three such facilities built to bring electricity to isolated villages in Siberut.

But almost three years after construction was completed, the Saliguma biomass power plant supplies electricity to some of the village’s 3,780 residents only between 6pm and midnight – and is currently not using bamboo as originally intended.

Because of problems with the … Read the rest

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Dmitry Voronenko: Democratizing Lending Worldwide

April 19, 20211 min read

It was the goal to lower the lending industry entry barrier and allow anyone to compete on a level playing field with large FIs that led Dmitry Voronenko to form TurnKey Lender, a company that is transforming how lending is done around the world. Dmitry founded TurnKey Lender along with his partner Elena Ionenko and currently the company serves clients in over 50 countries with 6 offices around the globe. Currently, Dmitry serves as CEO of the company leading a talented team worldwide. The idea from the start was ambitious. The goal was to disrupt the lending automation space status quo with a lightweight yet robust end-to-end lending automation platform which would be flexible and scalable enough to digitize crediting for any organization type, from banks to alternative lenders and from manufacturers to medical professionals.

Since then, TurnKey Lender has become one the leading providers of lending automation and … Read the rest

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AdSpark unveils Filipino Women on Digital and shares insights on why women’s fight has endless possibilities

April 19, 20211 min read

HERstory Continues: Celebrating the Filipina Today and Facing the Challenges Ahead

AdSpark Inc, Globe Telecom’s digital advertising subsidiary, unveils insights on HERoes trailblazing this generation’s women across various aspects of society, in its white paper called “HERstory continues: Celebrating the Filipina Today and Facing the Challenges Ahead.”

Year on year, as the country celebrates Women’s Month, we are encouraged to revisit biases and social norms – have these changed, have we progressed, and how?

The research focuses on the challenges and areas wherein there still seem to be gender disparities such as with leadership roles in business, on how women and men consume content online, conversations around women across various social media platforms, and expectations from women of all ages when it comes to societal responsibilities.

Given these insights, the study leaves its readers to think: are we listening to what women are saying, paying attention to what she is … Read the rest

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Philipp Buschmann: Enabling Modern Banking Solutions through Advance Fintech Platform

April 18, 2021April 18, 20211 min read

The road to entrepreneurship is full of challenges and the one filled with unexpected dead ends. It can look exiting to launch a new idea and change into a business, but it requires many sleepless nights and years of hard work. Moreover, it takes patience to take the right decision at the right time. “An entrepreneur should be patient to wait for the right moment and curious enough to find out and feel that right moment when it comes,” asserts a tech entrepreneur, Philipp Buschmann. Philipp is the CEO of AAZZUR, a company connecting people to financial products and services that are relevant for them so they can manage their money easier and more wisely. A perfect blend of technical excellence and business acumen, Philipp is a serial entrepreneur, who also taken his first venture public. From starting as a developer in financial services to becoming an entrepreneur, Philipp’s … Read the rest

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DoH says COVID fatality rate in capital at 1.5%, not 5.36%

April 18, 20211 min read

The Department of Health (DoH) on Friday said the case fatality rate in Metro Manila is almost 1.5% during the past two weeks, lower than the 5.36% reported by the OCTA Research Team on Wednesday.

Health Undersecretary Rosario S. Vergeire, in a virtual briefing, said, “As of April 15, our case fatality rate in NCR (National Capital Region) is 1.46%. We compute the case fatality rate based on the number of deaths from this specific disease, which is the COVID-19, over the number of confirmed cases.”

OCTA said the 5.36% fatality rate from March 28 to April 13 was almost thrice the 1.82% recorded from March 1 to 27. It said this could be attributed to the “overwhelmed” healthcare system and the more transmissible coronavirus variants infecting patients.

The Health department on Friday reported an additional 10,726 cases of the coronavirus disease 2019 (COVID-19), bringing the total to 914,971.

New … Read the rest

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