Category Archives: Bank Industry

Raising the Bar With Anil Chaturvedi

Home | Bank Industry | Raising the Bar With Anil Chaturvedi

Anil Chaturvedi is one of the most decorated bankers you will ever meet in life. Chaturvedi, a man that has currently set up a base in Switzerland works his hat off just to ensure that you get stellar services in private and corporate banking.

Mr. Chaturvedi, after four decades of active service, can boast about being a leader in investment banking and corporate advisory business. Indeed, it has been a long time coming and Anil is no longer restricted to his locality. His services have gone overboard, and that is why Anil Chaturvedi is a sensation in India and Europe.

Forty years is such a long time, even for the highly accomplished Anil. Mr. Chaturvedi has invested in his time wisely, something that has equipped him with skills in financial modeling, derivatives, hedge funds, private equity, alternative investments, valuation, portfolio management, capital markets, financial risk, investment advisory, and mergers and acquisitions among others.

The alumnus of the Delhi University started working shortly after college and has been able to take up employment in some of the most prestigious banking institutions on the planet. For instance, Anil has at one point in time been a part and parcel of the State Bank of India, an institution he served in the strategic planning department.

Chaturvedi has also worked for the ANZ Grindlays Bank as the company’s vice president and senior representative for the US-based operations, positions that not elevated the institution but also his career.

The soft-spoken Anil has also been the managing director of Merrill Lynch, a corporation he served for close to eighteen years. Chaturvedi, in his reign, created investment solutions for high-end clients and that is why the institution remains to be a success to-date.

Today, however, is a completely different story. Mr. Anil, since 2011, has worked for Hinduja Bank as its managing director. The Switzerland-based company has seen better days ever since Anil became a part and parcel of the institution as he has in his tenure facilitated cross-border partnerships. Therefore, it was never a mistake to say that Anil Chaturvedi is a highly accomplished banker who knows his way around financial matters.

https://www.epw.in/author/anil-chaturvedi

Psi-Pay a New Contactless and Secure Payment Method

Home | Bank Industry | Psi-Pay a New Contactless and Secure Payment Method

With online technology the need for added security becomes more prevalent with online payment options. Many times people do not mean to pay online, because they do not want their transaction to be traced back to them and their identity. With Psi-Pay, customers do not need worry about security with their transactions.

Psi-Pay is an online payment system offering a contactless payment option. These contactless payment options offer a layer of security to consumers. With Psi-Pay customers of various retail businesses that accept Psi-Pay do not need to worry about their credit or debit card information being compromised.

As an added measure of security many governments and banks have put a cap on the total amount a transaction can be. Contactless payment options are becoming a thing of the future. These payments options utilize services like Android Pay and Apple Pay to perform transactions of behalf of clients.

One of the safest ways to pay for a cup of coffee has traditionally been cashed. However, cash is not convenient to carry for many people. Therefore, many people have resorted to the use of debit and credit cards to make even everyday purchases. Many customers are concerned their identity will be stolen along with their card information. They then turn to the prepaid debit cards for added protection against this.

Security has grown up to be an increasingly high stakes game with online purchases. As of lately, security is also a question when using a credit or debit card for everyday purchases like a cup of coffee. These measures are not made lightly by consumers or businesses. So, Psi-Pay is attempting to secure online payments involved with purchasing online and a brick-and-mortar location.

Many who have delved into cryptocurrencies would rather pay via many types of cryptocurrencies out there. However, many retailers are still not accepting this form of payment option. Many would rather pay via cryptocurrency because it offers the benefit of not having their identity and various parts of their identity essential in obtaining credit to be revealed.

Psi-Pay could be the payment method most will prefer in the future. This is quickly being one of the best ways to pay.

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PSI-Pay Ltd announces its best financial year to date for 2015

Dallas Based Bank Is Poised for a Strong Future

Home | Bank Industry | Dallas Based Bank Is Poised for a Strong Future

NexBank is based in the city of Dallas, Texas, and as of June 2017 it was in control of about $6.4 billion in assets. The majority of NexBank’s clients are financial institutions, real estate investors, mid-market companies and large corporations. Throughout the state of Texas, NexBank’s 3 offices employ nearly 100 full-time workers, who help deliver excellent mortgage banking, commercial banking and institutional services.

NexBank’s executive management team is focused on merging their expertise in the financial industry with their strong dedication to serve their clients. This allows the company to offer great financial services to its individual, institutional and corporate customers.

Back in late 2015, NexBank SSB made an announcement detailing the acquisition of the Princeton, New Jersey based College Savings Bank. This company works within the niche of 529 plan college-savings programs. The acquisition of College Savings Bank was a big move for NexBank to close out its 2015 on a strong note.

Later, in the summer of 2016, NexBank made yet another impressive announcement. The Texas-based financial services provider managed to achieve a $24 million raise in common equity capital. NexBank reported the gains from this strong effort in raising capital will be put towards general corporate purposes.