Category Archives: investor

How Biometric Technology Can Transform the Banking Industry, According to Jeff Yastine

Jeff Yastine says that new technology in mobile and online banking can provide better security against hackers. He points to face and eye recognition technology, and even voice recognition technology, which can make it easier for people to access their bank accounts.

Particularly, this will make it useful for people who own corporate bank accounts and need to make payments to their employees. For example, Wells Fargo is already making use of this type of technology for its Commercial Electronic Office (CEO) banking accounts.

Previously, it has always been difficult for people who own corporate accounts to get into their accounts. This is especially true if they were on the road. They may have to catch a flight, but they may also have to make sure that some people are paid before they get on. The solution would be to pay them through online banking, but it often requires many passwords and sometimes security keys that are contained on USBs. Read more about Jeff Yastine at Bloomberg

Various other banks are also rolling out features that would allow biometric access. If you are into investing, then you should look out for investment opportunities relating to biometric security solutions. The industry is expected to be fifteen billion dollars over the next ten years, and it presents a great opportunity for investing. Passwords have been around for a long time, but as with all things, they eventually get replaced by better things. The truth is that biometric technology is not even that new. Think about your smartphone. Many already have fingerprint or even eyeball recognition technology that allows you to open up your phone. When you go through customs, many airports have biometric scanners to scan your passport and let you through. Read more about Jeff Yastine at investmentu.com to know more.

When it comes to banking, it is a little more complex. Many banks are starting to use it, however, for multi-factor authentication. They may use it as an extra tool to prevent hackers. One problem is that some people may not be able to use certain biometric features. For example, if it is a voice recognition technology, it would not work for someone who has laryngitis. However, banks are using technologies that offer various forms of recognition at a time as well. This is known as behavioral biometrics.

Jeff Yastine is an editor at Banyan Hill Publishing. He has years of experience in the financial market.

Learn more:https://jeffyastineguru.com/

 

Igor Cornelsen’s take on Brazilian Banking

At the end of 2014, Brazil’s bank left investors scratching their heads. PRnewswire.com made the first post of this article. Itau Unibanco (ITUB) and Banco Bradesco (BBD) had their moments. Their shares rose by a third at the end of the third quarter of 2014. Plus, they had steady profit increases. Itau’s net profit grew by 36% at the end of the third quarter, and Banco Bradesco’s profit rose 28%.

Igor Cornelsen is a top Brazilian banking expert. He stated the secret is to know the investment market and their successes during the rough years. Mr. Igor Cornelsen said the best thing to do is to give investors a sense of security by putting reforms in place. It will help to spur economic growth.

Brazil is one of the world’s biggest food producers with an output more than enough to boost the economy. According to Igor Cornelsen, investors need to catch up on Brazilian banking. They need to know the basics. Mr. Igor Cornelsen outlined short and easy instructions for busy investors to use when picking Brazilian stocks.

  • Know the ten major players of Brazilian Banks

Worldwide, Brazil is the eighth largest economy and the biggest in South America. Brazil is rich in natural resources and can make large economic development. The ten banks helping to make Brazil a success include the following banks:

  1. Banco Itau
  2. Banco Bradesco
  3. Caixa Economica Federal
  4. HSBC
  5. Banco J Safra
  6. Banrisul
  7. Santander
  8. BTG Pactual
  9. Banco do Brazil
  10. Citibank Brazil

Learn more about Igor Cornelsen’s methods at ireport.cnn

  • A new person could make things better

The new finance minister, Joaquim Levy, seemed like a hopeful replacement for Brazil’s economy. Mr. Levy has a Ph.D. from the University of Chicago and a background working with the IMF. He seemed right for the position per Mr. Cornelsen. Mr. Levy is shrewd and works well with the private sector.

  • Keep a close eye on China

Brazil’s biggest trading partner is China. If China has a strong economy, Brazil will see good prices on raw materials per Mr. Cornelsen. Plus, banks need to watch all the connected markets for a better understanding of their investments. It will reap more profits.

  • The real value of the currency

Brazil has always had an overvalued currency, resulting in a loss of competitiveness and account deficits. Selling dollar swaps in the local market was a way for Brazil to avoid depreciation of its currency.

The new administration will avoid intervention to prevent currency devaluation. The tactic will bolster investment in the banking industry. As a result, exported manufactured goods will experience stronger competition, making bank accounts more stable.

Read:http://frenchtribune.com/teneur/25704-igor-cornelsen-giving-three-valuable-tips-invest-growing-foreign-market