All posts tagged Canada

Smartphone Mobile Apps The Success Story in Banking

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While online banking through a desktop computer is more convenient than going to the bank and physically depositing a check, todays banking customers demand facilities even while they are on the move. Smartphone mobile apps for banking are becoming a huge trend because they are so convenient and easy to use. After all, who would not want the convenience of being able to deposit checks or review their account balances on the move? Developers are cashing in on this need by coming up with a variety of smartphone applications.

Among banking customers, mobile apps download is becoming quickly catching on due to their convenience and ease of access. Users can even deposit checks with the press of a button such as an Android app developed by JP Morgan for its Android users.
Geo-location facilities that are available on most smartphones allow users to track where they are, and locate particular branches of the bank. Popular mobile banking activities include:

Viewing account balance and transaction history
Payment of bills
Transferring funds between accounts
Making third-party payments
Locate branches of the bank and ATM counters

Timely access to information is also a big reason why these smartphone mobile apps are so popular. If a user is away from their desktop computer, it could get difficult to know when an important transaction or bill payment date is due. This is where mobile banking could be of great use. The bank can send the user a timely Short Text Message (SMS) message warning them of the due date of any of their payments. The user can make the payment simply by downloading an application on their phone that allows them to make payments on the go.

As Apples iPhone, Googles Android, and Research in Motions Blackberry race to grab a chunk of the apps market, several major banks are playing it safe by recruiting mobile application development companies to design apps for their different sets of users. Thus Royal Bank of Canada has apps for their Blackberry and iPhone users. Often, apps are designed specifically for a bank and the users model of smartphone. Chase Manhattan Bank has an app that allows users to take photos of a check using their camera phones before depositing it.

Quick Response (QR) codes allow customers to scan barcodes and use digital coupons for their transactions with the bank. The best part of this technology is that it gives people the ability to do their banking activities on the move, a very convenient facility during transit or in-between meetings. Responding to the growing need for mobility, banks are also coming up with various QR-based applications, which are expected to become more popular in the years to come.
Research estimates say that by 2015, mobile banking will reach 1.1 billion people and apps will come packed with more innovative technologies. Taking advantage of this trend, smartphone mobile apps developers are coming up with innovative products to help banks have better, timely communication with their customers.

Banking Firm Jacobson Group Net Added New Professionals

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Jacobson Group (Jacobsongroup.net) is one of New York’s most prominent investment banking firms serving middle-market companies, recording several’s successful transactions in 20 years of service. Founded in 1989 in New York. Today, Jacobson Group has over fifty professionals to serve you.

Having no direct lending sources or investment capital affiliates, Jacobson Group provides unbiased guidance and an extensive range of services for middle-market companies planning to sell a company, buy a company or in need of capital resources. We represent only one side, your side. Imagine the advantage of tapping into the expert skills of a Jacobson Group Principal who knows both sides of a deal.
An important ingredient in the success of Jacobson Group is our offering personalized service to complete complex transactions. This is evident in our organizational structure: it is purposefully flat. Principals, supported by regional teams, and industry practice groups, work directly with clients to provide expert guidance from project inception to completion. There is no “hand-off” to a junior team; you can count on the advice of a Jacobson Group senior professional throughout your engagement.

Selling middle-market sized companies is always a challenge. Over its 50 year history, Jacobson Group has refined its processes to protect the confidentiality of the seller yet reach out to a huge “rolodex” of interested buyers in Europe and Canada. We tame the inherent complexity that is the nature of mergers, acquisitions and securing capital resources.

In today’s complex and evolving financial markets, we remove the burden of exploring specialized transactions. You and your senior management will focus valuable time on growing your company with a Jacobson Group expert on your team. Don’t enter a complex financial transaction without the best representation. Contact your local Jacobson Group Principal and start the process now.

About Jacobson Group Net, New York, USA
Jacobson Group is one of the oldest and largest middle market investment banking firms in New York. Jacobson Group helps owners of privately held companies navigate the complex process of selling your business, buying a company or financing a company while working relentlessly towards maximizing the after-tax value of each transaction. To ensure unbiased service to our clients, we’ve made a unique commitment to remain fully independent with no direct lending sources or investment capital affiliates.

Secrets of Offshore Banking

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This is an introduction to offshore banking and incorporation a world that you may or may not be familiar with. There are many countries that are considered to be tax havens of one sort or the other. Each jurisdiction has its own reasons in extending a warm welcome to non residents. The aim of this article is to introduce to offshore banking and give you an idea of the benefits of going offshore.

Offshore banking makes many people think of money laundering and many other illegal activities. However, most illegal activity happens onshore. Newspaper headlines are the main reason for these misconceptions. Legal activities are not headlines, so few reporters write about the above-board side of offshore finance.

Proof that using offshore banking and companies are not illegal is the large number of known international trading and finance companies that have an offshore presence. Some countries tax you on a global revenue basis. If you are a resident or a citizen of such a country it would be crime for you not to declare your offshore holdings. Declaration does not mean taxation. Consult with your tax lawyer to find out the latest legislation on this.

Is there really a secret to successful offshore banking? Yes, there is and it is very simple. -Knowledge- is the secret key.

To set up your offshore infrastructure, it is necessary to start by exploring the low tax and asset protection opportunities that are offered in various countries. These can range from low tax to 0 taxes, tax treaties, special corporate structures, free zones etc-. Studying the aforementioned will allow you to put together a complete offshore solution.

There is no one size fits all packaged solution. Every business is unique. Everyone who wants to establish an offshore banking presence must take into consideration the countries that he will be doing business with to obtain the maximum benefit of going offshore.

What are the most common benefits to going offshore?

– Tough bank secrecy and privacy laws

– Fewer restrictions on financial transactions

– Low taxation or 0 taxation

– Asset protection

Even the United States and Canada can be tax havens. Though this is only promoted usually for non-citizens and non residents.

As you can see from the above, you have multiple reasons for wanting to explore all the possibilities that an offshore incorporation linked to an offshore bank account will give you. No matter which aspects of the offshore world you choose to use you will find the find that there are many benefits.

For more information about Offshore Banking please visit http://www.offshoreincorporation101.com where you will quickly and easily find valuable offshore incorporation and banking resources to get started immediately.

Commercial And Consumer Micro Small Ticket Banking And Leasing Is Accessible To Dealers And Vendors Clients.

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Commercial and consumer micro small ticket lending and leasing is offered to dealers and vendors customers. In this economy, consummating sales is difficult enough and this available financing could be a deal maker for the dealers and vendors clients.

U.S Corporate Capital Leasing Group offers small-ticket consumer and commercial micro ticket lending and equipment leasing to all new and credit-challenged businesses of any volume to its customers through our bank network. To assist close more deals, we work with different micro ticket lenders providing our customers with a choice of banking options, including start up businesses.

U.S Corporate Capital Leasing Group concentrate on providing financial solutions for micro-ticket transactions, or equipment ranging from $500 to $25,000. The majority of other leasing companies simply wont consider Micro-ticket leasing because they are paying attention on more high-priced equipment deals

Our lenders can support more of the customers that dealers serve, and canin general approve 50% of the clients that other leasing companies cant or wont. Our banks use their own Proprietary Credit Scoring Model and Risk Adjusted Pricing unlike other leasing companies that make use of a pass / fail system. This means they can allow more credit situations, including:

Start-up businesses with no business credit history
Businesses in certain industries that are usually disqualified by other leasing companies
Businesses with challenged credit histories
Our lenders offer both consumer and commercial leases.

No Tax Returns, Financial Statements, Asset Documentation

Products that are not accepted include titled equipment, 100% software, fixtures, bankcard terminals, ATM, used copiers

For start-up restaurant lease transactions will be subject to a minimum security deposit of 5% along with one advance payment. Security deposits can either be applied towards the end of the lease or be returned at end of lease.

Our Lenders lease nationwide, including Alaska and Hawaii, however Puerto Rico and Canada is excluded.

In conclusion, these difficult economic times have put ahuge strain on the vendor, dealer and the client This program offers the vendor/dealer a way to get his client financed without all the red tape. This can generate a stimulus for sales and decrease the burden of trying to get a customer authorized for a small ticket item. For the client without the capital available to get the deal bought for cash, this also gives them a win win condition to get the deal done. These hard economic times have restricted the available financing in the marketplace but this is a excellent answer for all.

Land Banking Investment Shifts to Rental Pool Purchase

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The defendant then has twenty days at that point to file a statement of defense with the court. This claim can be served personally to an grownup member at the household wherever the default occurred, but it need to be followed up by a mailed duplicate addressed to the defendant. So the time period for filing a defense could be prolonged an added five day, so this could be a twenty five-day procedure though the lender sits and waits.

If the defendant does file a notice of intent to defend, this interval can be extended up to 10 days. If the defendant fails to file a statement of defense, the plaintiff (financial institution or mortgagee) signs a default judgment with the court at which position a motion report is then prepared to obtain order for depart to issue a writ of possession.on.

The defendant is ordered to leave the house, and writ of possession (right to have the residence) is issued to that financial institution. If that writ of possession is issued with the court, it is also filed with the sheriff, also recognised as a bailiff or enforcement officer, in the jurisdiction where the house is positioned. The sheriff will then prepare for the eviction. (if required)

one. Actively glimpse for Ability of Sales and profits: There are quite a few web-sites that give access to most up-to-date Electrical power of Sale properties. Some will email you the record as and when a new listing seems. Obtaining accessibility to Ability of Sales is very essential to buying a electrical power of sale residence.

2. Maintain in touch with the Banking institutions and Secondary loan companies: Preserve ordinary make contact with with the financial institutions and other lending institutions. Come across out who is accountable for mortgages in default and their inner process to offer this kind of properties. See if you can get such a list of properties as when they turn out to be obtainable.. You may possibly or may well not be able to purchase a house immediately from the lender but you will absolutely know when these go on for sale.

3. Have trades folks ready to get estimates: Sometimes, the finest bargains can be had on individuals properties that have been neglected and are in need of repairs and renovations. You will need to have accessibility to pro trades to get estimate as to how much it will value to set the property in excellent saleable ailment. It will also assistance you to make a realistic present, without overbidding and help save you from unpleasant surprises.

4. If you like a residence – make an give. When you have done your because of diligence and the house meets your requirements, do not hesitate or delay in doing an provide. Right after all, making an offer may well get you the residence, wishful pondering won’t..

5. Be all set to negotiate: It is extremely seldom that the 1st provide is accepted by the lender. Buying a house should be a business judgement, you ought to be willing to increase your provide. Do not consider a stand these kinds of as” I never ever strengthen my offer or improving an give is versus my principals”. Recall, you are negotiating a company transaction and not negotiating your principal,.

Writer has been composing online for five several years. He has been in authentic estate business for decades.

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