Western Union partners with PSI Pay to meet demand for online banking

Technology is rapidly developing in the world. There is widespread acceptance of new technologies. People are now able to do a lot of things through possibilities created by technological advancements. Apart from people being able to connect with one another, businesses have also leveraged this technology to create a better connection with their customers. Access to personal funds from wherever you are is now a necessity.


Customers of banking institutions want to have the opportunity to transact the money in their bank without leaving the comfort of their homes or workplaces. Online banking services offer this opportunity. Although there is hesitation when it comes to transfers, a majority of the people are using cellular phones to check their bank accounts, especially the use of apps. A bigger number use text messages to do the same. However, this number does not include some form of web banking.


The trend shows that more and more people are growing tired of visiting the bank to handle transactions. They are opting to handle all transactions at home. The change in trend has seen some major players in the financial sector take positions which will adapt to the new scenario. The change has made Western Union, one of the oldest financial institutions in the United States, to partner with PSI Pay. The partnership will bring a huge impact on the financial industry. The ecoAccount online wallet holders will benefit the most from this deal. Western Union is one of the most influential financial institutions in the world currently. It has been serving Americans for the past 150 years. They have offering wire transfers for the better part of the period they have been operational.


In the fast-paced world of today, Western Union has faced competition from other companies. As a result, they have taken measures that will make them remain relevant. The process of wire transfer was becoming inconvenient as it would involve a lot of time before completing a transaction. The new deal with PSI Pay is expected to make the industry better. Western Union wants to ensure that customers can access money from whatever location they are.






Luiz Carlos Takes Over As The chairman Of The 24th Largest Bank In The Planet

Chinese banks dominate the world banking industry. In fact, a majority of the top ten banks in the world are Chinese banks led by the Industrial and commercial bank of China. However, the major Street banks in the world have started gaining ground.

Morgan bank, Wells Fargo now occupies position three and four consecutively. Citibank and Bank of America follow suit. The Brazilian Banco Itau has represented the Latin America where it was ranked in the thirteenth position last year. In the same year, Banco Bradesco, the second largest bank in Brazil was ranked in the 24th position. For many years, Bradesco bank was ranked as the largest bank in Brazil before it was overtaken by Banco Itau in 2009.

Banco Bradesco
The bank was established in the early 1950s by Amador Aguiar. Initially, Bradesco bank focused on offering banking services to civil servants, farmers, and the business community. Currently, Bradesco bank has diversified its range of products to include insurance and modern banking services such as mobile banking.

For the last nine, the company has been under the leadership of Luiz Carlos Trabuco Cappi who served as the president. Luiz joined the banking industry in 1969 and his experience as a leader and a banker has been instrumental in putting Bradesco bank to the limelight on Wall Street last year.

Read more: Bradesco anuncia novo presidente: Octavio de Lazari Junior vai substituir Luiz Carlos Trabuco Cappi

Currently, Bradesco bank operates two subsidiaries: banking and insurance and pensions and capitalization bonds. The two subsidiaries offer clients with a wide range of products that include life, health, automobile, asset and accident insurance covers.

According to istoedinheiro.com.br, Bradesco bank boasts of having great and visionary leadership that has helped to propel the institution to its current status. Amador Aguiar was the founder of Bradesco and he played a prominent role in the expansion of the bank in the early years. Lazaro Brandao, the longest-serving employee, and the former chairman also helped in changing Bradesco bank from a small city bank to a large corporation.

However, we can no talk about Bradesco’s success without mentioning Luiz Carlos Trabuco Cappi. When he came on board, Luiz introduced a unique and effective management style that enhanced efficiency and increased the performance of the institution.

Unlike many other individuals in the banking industry, Luiz Carlos Trabuco Cappi didn’t go to the university to become a banker. He studied psychology and he needed a job after graduating from the university. He was given an opportunity to intern at Bradesco despite having no background in finance and accounting. His ability to manage groups of people and inborn business sense gave Luiz all the ingredients he needed to thrive in the banking industry.

Learn more about Luiz Carlos Trabuco: http://economia.estadao.com.br/blogs/coluna-do-broad/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/

Insightful Facts about Madison Street Capital

Madison Street Capital reputation has outshined many companies in the banking sector due to the unique development strategies that they have adopted towards the success of their firm. The firm has its headquarters in Chicago and has gained a lot of fame and pride due to the great expertise and advice it offers to its clients concerning corporate finance. The firm has successfully established a vast number of its affiliates across the broader parts of the globe including Oregon, Ghana, India, and many other places. It has always used a global approach towards corporate finance, and through this, it has helped other firms establish their services in many other countries.

Madison Street Capital has in the past years always exercised great leadership skills and the teamwork used by its team of the employee has seen it achieve most of its goals. The unique methodologies that the firm employs is a reflection of its substantial expertise and experience it has gained in the financial and banking sector. Madison Street Capital has helped many of its customers establish an excellent banking plan to develop their lives through the broad range of products that they offer to cater to the preferences of each of their clients. Learn more: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=116516616

The firm has major areas of specialization including corporate governance and finance as well as private placement advice, business valuation, financial advisory among many other services. The firm offers most of their services to prestigious companies like the Central Lowa Energy, Bond Medical Group, Fiber Science. The firm’s managers and a team of employees have worked together with their clients to ensure that they deliver the highest quality products. They always employ their analytical skills, deep relationships and knowledge to maintain their relationship with their customers. The firm has achieved a lot of success through the many deals it has acquired with other prestigious companies to develop their services and products.

Madison Street Capital has received a lot of accreditations for the many contributions and developments it has brought to the economy and the advice it offered to the WLR Automotive firm on the sale of the leaseback transaction, which was valued at thirteen million, was considered one of the businesses most significant achievements. Through their highly skilled and committed team of employees, Madison Street Capital has helped a vast number of its clients attain their financial goal and plans. They always offer timely deliverance of their products to their customers, and due to the kindness and hospitality exercised by their tea of employees, they have successfully maintained a significant number of them. Learn more: http://madisonstreetcapital.org/about-madison-street-capital.html