Category: Financial Technology
Wes Edens is an alumnus of Oregon State University. Wes Edens studied and graduated from the University when it was among the prestigious universities in the United States of America. Mr. Wes is known for his success in business as well as his private equity venture at Fortress Investment Group. In 1984, the prominent businessman graduated from the University with a Bachelors degree in Finance and Business Administration. He later began his career serving at Lehman Brothers as a just an employee. With hard work and commitment, Wes climbed the career ladder and he was able to reach the position of a managing partner at Lehman Brothers.In 1993 he had to quit his job at Lehman Brothers and he joined another organization, Black Rock Asset Investors to become the Managing Director where he served until 1997.
After his career at Black Rock Asset Investors, he decided to make a bigger step in his career and together with other four individuals they established Fortress Investment Group. The group was created in 1998 and it was primarily founded as a private equity investment company. At Fortress Investment Group, Edens brought his vast experience as well as knowledge in finance and he was responsible for planning in the company. Wes Edens is a leader who has taken his organization to a new level, and Fortress has become the first publicly traded investment globally. The listing was not an achievement for Edens and his partners instead it also brought glory to their country, the United States of America. Since their initial public offering, Fortress has become a leading organization which offers alternative asset management services.
Wes Edens is not a co-founder of the Fortress Investment Group, instead he is also a leader who has shown positive leadership, and he has been given other responsibilities including being a director for various boards among them; New Senior Investment Group where Wes has been the Chairman and the Board of Director a position he has held since 2014, New Castle Investment Corp. Edens has also served as the Chairman and the Chief Executive Officer of Newcastle since its foundation. At New Residential Investment Corp he is the Chairman of the Board of Directors, as well as Nationstar Mortgage, New Media Investment Group Inc, Florida East Coast Railway, and Mapely Limited.Fortress Investment Group has continued to grow under the leadership of Wes and has also been working hand in hand with its affiliate Softbank in Japan.
- Written by: travelingman
- Category: Financial Company, Financial Technology
- Published: March 14, 2018
This will present information about PSI Pay. This company has been up and running since 2007. In this they give solutions in payment to businesses all over. It is also important to note that they are run by a team consisted of professionals from the industry who have substantial, global experience in payments in the fields of alternative and bank. Finally, they also find pleasure in the areas of clarity, efficiency, as well as transparency.
In a recent exiting activity, PSI-Pay and the company Kerv, creator of the Kerv NFC payments ring. This was in order to get more options of payments on the device. Kerv agrees that this partnership will allow users to let users of the payment ring to do their payments in locations amounting to 38 m locations around the world.
Now a note on feature PSI-Pay has is called Contactless. This is a feature on some payment cards. This feature lets you make a payment for different services and goods that is rapid and simple for ones that cost twenty pounds or less (in the UK). This is required without using a PIN number.
PSI-Pay has offered different products. Since 2009, the company has been licensed to release payment cards that are both prepaid and debit, as well as contactless (PayPass) programs and virtual cards. Since 2014 they were given the ability to give out throughout the EU, services of MasterCard. In October of the year 2015 they utilized Kickstarter to start up a fundraising campaign. Also, in 2007, they got their license to be a payment institution by the FSA, which is what they were known as before. They can also use PayPal, credit or debit cards, or a transfer from the bank in order to store money into their account. It is also important to note the managing director of PSI-Pay thinks that the idea of the payment rings is a solution he put into these thee descriptions, useful, innovative, and interesting. He also wouldn’t be surprised that the market would say yes to what he considered a “revolutionary payment technology”. Finally, three things that this company does by using PayPass to protect financial transactions. One is by the card owner keeping possession of the device or card to lower chances of a lost or stolen card. There is also an encryption code and finally a one-time bill even in an accidental second tap.
Nfcworld- “Kerv and PSI-Pay to prep for NC payments ring launch.” By Rian Bodeh
PSI Pay Info: www.linkedin.com/company/psi-pay-ltd