PSI-Pay: Taking Contactless Pay to the Next Level

Decades ago, the thought of having paperless cash was unfathomable. Gradually, the society has been embracing this idea, and it is time to call a spade a spade. The future of paper cash is bleak and behold the new thing in town is contactless pay. According to the Federal Reserve Bank of San Francisco, in 2015 cash payments was still the most preferred mode of payment and it accounted for 32 % of all transaction. At a close second was the debit card with an estimated use of 27 % of all transactions. Lastly, credit cards accounted for 21 % of all transactions.

 

With the number of cash and card payments dwindling, people are starting to join contactless payment bandwagon. PSI is a company that has challenged the societal concept of using paper cash. Their concept involves the use of a ring which is a combination of debit and credit card system. The ring is designed to create a comfy feeling while being waterproof and also damage proof. To capture each individual, they have developed 12 unisex rings which are made of different sizes.

 

The current global system has been experiencing some shortcomings when it comes to maintaining a client’s security. As every year ends most financial institutions add a layer of security which seems to bring havoc to the industry instead of creating a haven for financial transactions. For instance, in 2017, it is estimated that over 2.5 billion payment records were either compromised or stolen. This was a subsequent increase from 2016 which had 0.3 billion documents stolen.

 

The benefit of having PSI pay is that your financial records are safe. They combine data from your previous transactions while checking your financial trends. They also have some of the brightest minds who keep a close look in your financial transactions, and if they suspect an unusual transaction, they will flag it for further security measures. Additionally, they involve the use of third-party companies that help them verify your account. With their revolutionary security system, you can transact efficiently without fear of being compromised.

 

 

 

 

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Game Changers Bank With Luiz Carlos Trabuco

The name Luiz Carlos Trabuco brings to mind the Chairman and President of Banco Bradesco, a huge banking, and financial services company in Brazil currently ranked third-largest bank by total assets. But, what else is there to the man behind the easily recognizable name?

Born in 1951, he is renowned as an entrepreneur who specialized in financial marketing, with a long, proven record of accomplishment in the banking sector for a long period. He is a graduate of the University of São Paulo in Brazil where he undertook Economic science. For a post-graduate degree he attended Fundação school here he came out with a masters in marketing and financial strategies. The titles that he has held throughout his career tell of a sterling performance that has been rewarding in many more ways than just accolades.

Pension Crisis
In 2006, Luiz Carlos Trabuco won Don Quixote trophy and named among the top 100 most influential Brazilians. Later in 2009, was named meritorious citizen from Marilla, Luiz Carlos Trabuco was crowned best entrepreneur 2015. During his tenure as the CEO, a massive pension problem needed to be resolved, and he undertook the task and completed it. One of the biggest expenses that recurred in the bank was the pension, and pundits believed that the strain could lead the bank out of business. It was here that he decided to start making changes to save money. Among the earliest changes was the increment of the service time one needed to gain any access to funds from the pension.

Read more: Conselho do Bradesco escolhe Octavio de Lazari Junior para substituir Trabuco como presidente

Lately, Brazil has been facing a similar crisis, and with the invitation of the government, Luiz Carlos Trabuco is working with the technocrats trying to find a way to the entire system. Although at first his changes were unpopular, his persistence ensured and resolved the crisis at the bank and the policies he introduced saved the pension, for this he received massive credit in the financial sector.

Foreign Investment
Luiz Carlos Trabuco is of the opinion that, family consumption is probably the most influential of the factors that are weakening the economy of Brazilians. He believes that since the economy of Brazil, not conjoined to the politics, the point to consider is the direct foreign investments, whose latest volumes have been setting new records according to meioemensagem.com.br.

For those closest to him, he has a reputation for being fiercely dedicated to what he puts his mind on. It is said that he would rather his employees be autonomous and this he vigorously promotes by giving every individual at the company the opportunity to make decisions and bear the responsibility of the outcome. He is attributed as having the face behind several commercial projects on behalf of the government of Brazil. Recently at the Forum Estadao convention, he intimated that the most fundamental change that Brazil requires right now should be towards the acceptance of the privatization of public. Private investments are the way to the future and government agencies today should be ready to accept and work towards such changes.

Find more about Luiz Carlos Trabuco: https://oglobo.globo.com/economia/bradesco-anuncia-novo-presidente-octavio-de-lazari-junior-vai-substituir-luiz-carlos-trabuco-cappi-22365414#ixzz56wDld69g

Brazil’s Bradesco To Choose New CEO Among Internal Candidates, CEO Trabuco Says

Luiz Carlos Trabuco Cappi is the Chief Executive Officer and President of the Brazil-based Bradesco Bank. Luiz Carlos Trabuco Cappi has served the bank for more than five decades of professional experience. Because he commenced from the lowest levels of the company as a child, he understands what it takes to achieve the success anticipated by the banking industry. Perhaps this is what sets him apart in this industry. Because of his reputation, Luiz Carlos Trabuco Cappi has earned a good name for himself as one of the most successful entrepreneurs and CEOs in the country. This is because of his boldest move to purchase the two satellite branches for Bradesco. This move made him one of the best entities in the industry.

Bradesco bank is one of the largest privately-owned banks in the country, for more than one decade of operation in Brazil, Bradesco bank is regarded as the hedge of equity in the Brazilian banking arena. Perhaps this is because they are seeking to achieve the most sophisticated business capability in the banking industry. Bradesco is also the second-largest bank regarding its asset value in and out of the country. Luiz Carlos Trabuco Cappi has led Bradesco towards gaining its glory in the business arena.

Luiz Carlos Trabuco Cappi was named as the entrepreneur of the year in 2015 because he made one of the greatest moves any CEO has ever made for Bradesco since it was founded. The million-dollar investment Luiz Carlos Trabuco Cappi helped Bradesco make was considered as one of the best investments the bank has ever made since it was incepted in the country. Perhaps this is the reason why they agreed to assimilate better business values in a way that achieve the credentials for a company of its stature.

In 2009, Luiz Carlos Trabuco Cappi joined the list of the top 100 most influential people in Brazil. Perhaps this is due to his role as the Chief Executive Officer of Bradesco bank based in Brazil. Because of his influence towards making a better banking society in Brazil, Luiz Carlos Trabuco Cappi has also been recognized by the Forbes Magazine for his achievements in the business world. In 2016, Luiz Carlos Trabuco Cappi was also listed among the best CEOs of the Forbes Magazine. Luiz Carlos Trabuco Cappi’s success level is on a massive scale. The banking industry has felt his adoption of better leadership skills. This is why Luiz Carlos Trabuco Cappi is one of the most sought CEOs in the world.

Luiz Carlos Trabuco Cappi commenced his career as a clerical officer in the Sao Paulo-based main branch of Bradesco bank. During that time, the 18-year-old Luiz Carlos Trabuco Cappi had limited sources of experience. For this reason, this was the best position he would take. He worked as a clerk for more than 15 years before he went for further studies. His first stop out of office was at Sao Paulo University. Luiz Carlos Trabuco Cappi enrolled for a bachelor’s degree in Politics. After four years of hard work, he graduated with the highest honors. However, Luiz Carlos Trabuco Cappi was not satisfied with his level of education.

Luiz Carlos Trabuco Cappi secured a scholarship opportunity from the Sao Paulo University to pursue a master’s degree in Politics. After two years, he graduated without compromising his career ambitions. Luiz Carlos Trabuco Cappi went to the bank and became the Marketing Director. His services as a marketing director made the bank secure its first chance in the television arena through various superficial infomercials. His success began at this point in the banking industry.

Search more about Luiz Carlos Trabuco Cappi: http://www1.folha.uol.com.br/mercado/2017/10/1926243-proximo-presidente-do-bradesco-saira-da-diretoria-do-banco-diz-trabuco.shtml