Category Archives: Technology

A win-win-win scenario at GreenSky

Published / by AlbertK / Leave a Comment

GreenSky is a fintech with a difference from others. It is being run on a model that has proved profitable in the long-run. Many fintechs have failed in the past because they are run on a model that is not sustainable. This fintech has provided a solution that is fee-based and one that resolves the challenges associated with traditional banking. Borrowers no longer need to spend days doing paperwork in long banking queues when they can get an easy solution through this fintech. The technology employed here is supposed to link the borrower with the bank. The fintech offers no financial support to the lenders. In short, it acts as a middleman in a deal between the borrower and the lender.

How do you get a loan?

GreenSky works directly with merchants and contractors. The model of getting a loan is that the loan is applied at the point-of-sale. If the customer is interested in services offered by the merchant but has no money to pay for the funds, they can apply for a loan through the fintech which will cover the expenses of the services provided. The contractor makes the loan application on behalf of the customer. The loans details are sent To GreenSky who in turn link the borrower with an appropriate bank.

What does Nigel Morris think?

In this kind of business model, there is no one who loses in the whole deal. Everyone’s a winner. All the parties in the deal get what they wanted. According to one of the investors in the company, Nigel Morris, the co-founder of Capital One Financial, GreenSky offer the consumer, merchant and the bank benefits. Morris is one of the successful investors in the world today after creating a leading credit card issuer. He is banking on the share value of GreenSky to get better in future since the model used to run the business guarantees prolonged profits.

Merchants are getting an opportunity to convert a potential customer into actual customers because of the affordable payment plan which does not attract interest. Consumers benefit from the flexibility of repaying method, and the banks increase their loan volume.

Could A Cyber Crisis Be Upon Us?

Published / by AlbertK / Leave a Comment

It is often in the aftermath of a crisis that we begin to realize that we should have been preparing for something in the first place. As human beings, we are not very good at thinking ahead to prevent the bad thing from happening in the first place. However, we may need to think more logically going forward if the predictions from cyber-security expert William Salto are correct about our current state of affairs.


The man points out that technology is everywhere in our daily lives, and that we need to have the mindset that an attack is just about to happen at any moment. We have to at least get ourselves to start thinking in a crisis mode if we want to be able to adapt when a crisis actually does come around.


William Salto thinks about these things because he helps to find investors for small businesses that need them. He works to make sure that the investors can enjoy a healthy return and that the companies are able to obtain the capital that they need to keep on going. He has to think about a lot of big-picture items in the course of doing his job.


Saito has been programming from a very young age. He was like a duck to water when it came to working with computers. He has simply always been interested in how they work and what the greatest potential is that we can get out of them. He doesn’t like to give up on a problem simply because it is technical or requires a certain level of expertise. He just keeps hacking away at it until he has learned something new.


He has written a book about his life story and how he has maintained an entrepreneurial spirit despite the challenges that come with a fully connected world. In that book, you will see that he does not believe that having all of the technology that we do hurts us, quite to the contrary. However, he does feel like people need to take warnings seriously when it comes to how we use technology and how much we have come to rely upon it. He does not believe that enough people are aware of just how vulnerable they may be to attack.

The Distinguished Career of Louis R. Chênevert

Published / by AlbertK / Leave a Comment
The United Technologies Corporation has made a commitment to their employees, technology, and innovation. Their investments help the company grow and support the economy. Their commitment to future generations includes hiring almost 25,000 individuals during the next three years. They additionally help their suppliers grow and this is critical to their customers. In excess of $40 billion has been spent with suppliers in the United States over the past three years.

Additionally, the United Technologies Corporation has a program to help their employees earn degrees in their chosen fields called the Employee Scholar Program. The program is strictly funded by the company and is designed to provide encouragement for the employees. The employees have earned 39,000 degrees with this program since 1996. The United Technologies Corporation has investments across the world, an excellent business growth, and a competitive business environment.

Louis R. Chênevert worked for the United Technologies Corporation as the CEO and Chairman. He became the President of the company when he was elected in April of 2008. In January of 2010 he became the company Chairman. Prior to his work for the United Technologies Corporation he served Pratt & Whitney as the company’s President From April of 1999 until March of 2006.

Louis R. Chênevert has extensive experience. He worked for General Motors for fourteen years before assuming his responsibilities with Pratt & Whitney in 1993. He worked at the St. Therese operation for General Motors as the Production General Manager. Louis R. Chênevert serves the Business Roundtable as part of the Executive Committee. He also chairs The Business Council, the Tax and Fiscal Policy Committee, and the US-India CEO Forum. He is on the Board of Directors for the Congressional Medal of Honor Foundation and Cargill as well as serving the Yale Cancer Center’s Advisory Board. He has been a Fellow of the American Institute of Aeronautics and Astronautics since 2005.

Louis R. Chênevert was educated at the Université de Montréal where he earned his Bachelor’s degree in commerce. He serves the International Advisory Board in Montreal as the Chairman his service to the Friends of HEC Montreal includes being the Chairman of the Board and one of the founding directors.

See Chênevert speak here:

Rick Smith, the Man behind the Success of Securus Technologies

Published / by AlbertK / Leave a Comment

One of Ban Ki-moon’s famous quotes about security stands out to be “Terrorism is a significant threat to peace and security, prosperity and people.” From previous statistics, it is clear that society thrives when the state of safety gets maintained. Since time immemorial, society has found a way of dealing with criminals, by creating systems that alienate ‘bad souls’ from the rest of the world. In today’s world, technology has been the means through which companies like Securus Technology protect the interests of the majority.At the top of Securus Technologies is Richard (Rick) Smith, who not only stands out as the corporation’s owner but also as the President and CEO. Rick’s successful career is a product of hard work and determination, as well as experience gained from top-notch institutions like Eschelon Telecom, Global Crossing North America, and the Integra Telecom Limited. With an MBA from the University of Rochester, a B.A. in Engineering from the State University of New York at Buffalo, and an Associate’s Degree from the Rochester Institute of Technology, Richard Smith has done it all.

So far, the Securus Technologies team has been able to bring on board John Bell, the current Senior Vice President of Sales. By working closely with individuals like Rick Smith, Messrs, and Josh Conklin, John has been able to strengthen Securus Technologies in the provision of public safety, investigation, as well as corrections and monitoring. To date, Securus Technologies has been consistently creating new technology to help keep the peace and as well enhance forensic investigations in the country. With over 800 products in the market, Securus Technologies can now meet customer demand.Since its inception, Securus Technologies has been providing extension services for corrections and public safety organizations. It is through the technology from Securus that law enforcement agencies across the United States of America have been able to monitor and address criminal activity, such that it does not pose a risk to the safety of the American community.

At the moment, Securus Technologies whose operating headquarters is in Dallas, Texas serves close to 2,500 agencies.For more than a decade, Securus Technologies has been offering inmates communication services at a fee. In so doing, incarcerated members have had the opportunity to communicate with friends and relatives thus strengthening ties that would have otherwise broken. In the past three years, Securus has invested more than $600 million to boost national security. Under Rick’s management, Securus has been able to grow and expand adopting new practices in the business. By bringing on board highly qualified personnel, Rick Smith is close to realizing his company’s primary objective. Thanks to Rick’s efforts, America’s prison systems are now safer than they were half a century ago.