IDS and White Clarke Group Join Forces to Create a Secured Finance Technology Powerhouse

Sam Allcock

-

7 April 2021

IDS and White Clarke Group Join Forces to Create a Secured Finance Technology Powerhouse

Market leading companies combine to form a unified global source for automotive, equipment and working capital financing software solutions serving a $7Tn secured finance end market

MINNEAPOLIS, MN and MILTON KEYNES U.K., 7 April, 2021 — IDS, a leader in enterprise mission-critical solutions for secured finance, has agreed to acquire White Clarke Group, a leading provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets. The two companies combine to create a multi-asset class secured finance technology powerhouse supporting banks, independents, OEM captives and specialty finance firms globally. Together, the combined company will serve more than 300 customers across North America, Europe and Asia Pacific and will be co-headquartered in Minneapolis, MN and Milton Keynes, U.K.

“Global business has entered a new long-term investment cycle driven by the rapid evolution of technology,” commented David Hamilton, CEO of IDS. “Smart factories, connected-assets (IoT), green-energy, and many other technology innovations will bring about exciting new economic growth opportunities which will require access to capital from secured finance firms. With a comprehensive and flexible technology foundation, these finance providers will be able to support new funding models accelerating the move to digital, servitization, and mobility. Supporting this fast-changing market need is the motivation for bringing our two great companies together creating an unmatched range of secured finance solutions and the ability to support customers globally.”
IDS and White Clarke Group together provide a comprehensive portfolio of products across multiple market segments including:

Automotive Finance (Retail, Fleet, and Wholesale) – CALMS is a full lifecycle system including point-of-sale, loan origination, loan servicing, and floorplanning capabilities serving 8 of the top 10 auto manufacturers representing 25 brands.
Equipment / Asset Finance – end-to-end platform for leasing and loan origination and portfolio management with more than $350bn of net asset value running on the solution.
Working Capital – (Asset-based lending and Factoring) – a comprehensive solution providing the ability to manage flexible working capital finance offerings with real-time credit monitoring and availability. Managing c.$50bn in factoring volume annually.

“Our industry is being disrupted by a global shift in consumption,” added Brendan Gleeson, Group CEO of White Clarke Group. “Consumers and businesses want utility and outcomes, not ownership. This has created an opportunity for financing firms to tap into emerging technologies including digital and AI to create new business models like subscription and car sharing. As these trends accelerate, these firms will need the support of a global technology vendor that can deliver innovation at scale. Combining our companies provides the ability to innovate at the pace of change while delivering exceptional value to our combined customer base.”

“We’re thrilled to support IDS in taking this transformational step,” said A.J. Rohde, a Senior Partner at Thoma Bravo. “IDS and White Clarke Group have both invested in building industry-leading solutions which serve many of the worlds top financial services and automotive brands. The combination creates an exciting and truly unique proposition for the secured finance market, with a world-class team and global scale.” “It has been our privilege to partner with White Clarke Group and help it transition from a founder-led UK focused business to a global player with a more recurring revenue model. We are very excited about the combination of IDS and White Clarke Group, and look forward to helping in the creation of value in the combined company over the next few years,” further remarked Vivek Kumar, Partner at Five Arrows Principal Investments. White Clarke Group was established in 1992 and has built a strong track record in providing specialized technology and software solutions to the automotive and asset finance markets. The company’s CALMS (Customer Acquisition & Lifecycle Management System) product range supports the complete lifecycle of auto and asset finance, leasing, and loan origination from point-of-sale through credit approval, contract management and customer support. The company has offices in the U.K., U.S., Canada, Australia, Austria, Germany, India and China.

IDS is acquiring White Clarke Group from Five Arrows Principal Investments, who originally invested in the business in 2016 and will remain a shareholder in the combined company.

The transaction is expected to close before the end of Q2 2021. For more details please visit www.idsgrp.com/whiteclarkegroup-acquisition

The financial terms of the deal have not been disclosed. Five Arrows was advised by Robert W. Baird & Co. and Shoosmiths LLP. IDS and Thoma Bravo were advised by Kirkland & Ellis LLP.About IDS
IDS offers a suite of secured finance technologies to help banks, specialty finance firms and captive finance organizations drive operational efficiency and growth. Organizations of all sizes rely on our technologies and consultative services to optimize their asset finance, asset-based lending and factoring operations. Our software solutions are built on IDScloud, a true software-as-a-service (SaaS) platform that offers best-in-class simplicity, scalability and affordability. IDS serves a global customer base from offices in the United States, the United Kingdom and Australia.

The company’s headquarters are located in Minneapolis, Minnesota, USA. For more information visit www.idsgrp.com. About White Clarke GroupFounded in 1992, White Clarke Group provides a range of full lifecycle loan origination and contract management software for the automotive, consumer and equipment finance sectors.

As a global organization, it currently employs 600 finance and technology professionals across its offices in the UK, mainland Europe, North America and Asia Pacific. Its clients include 8 of the top 10 global automotive captives. For more information visit www.whiteclarkegroup.com.

About Thoma Bravo

Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With more than $76 billion in assets under management as of December 31, 2020, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. The firm has offices in San Francisco and Chicago, with a planned expansion to Miami in the second half of 2021. For more information, visit www.thomabravo.com.

About Five Arrows Principal Investments

Five Arrows Principal Investments (FAPI) is the European private equity arm of Rothschild & Co’s Merchant Banking business which has a series of funds dedicated to corporate private equity, credit, primary and secondary fund investing and co-investments. FAPI is focused on investing in middle-market companies with highly defensible market positions; strong management teams; business models with high visibility of organic unit volume growth and strong free cash flow conversion; and multiple operational levers that can be used to unlock latent value. Sectors are limited to data and software, technology-enabled business services and healthcare.  For further information about Five Arrows Principal Investments, please visit: https://www.rothschildandco.com/en/merchant-banking/corporate-private-equityFor additional information:
www.idsgrp.com | information@idsgrp.com |  follow us on LinkedIn

Media Contacts
IDS: Ray Wizbowski |  rwizbowski@idsgrp.com | +1 512.923.8007
White Clarke Group: Anna Lepp | alepp@whiteclarkegroup.com | +44 (0) 7715 493 613

A Step By Step Guide To Create SEO Friendly Article

Business

Sam Allcock

-

7 April 2021

0

A Step By Step Guide To Create SEO Friendly Article

Search Engine Optimization (SEO) is used by companies and websites to rank at SERPs.

It allows and helps websites to gain organic traffic and potential customers. It eventually, results in more clicks, shares, and more engagement of users to the website.

SEO is like a product description that will help you, sale more of them. Readers read the description, like it, and boom, you have a new user attached to your website.

If a description is that much important that it can rank you, how are you supposed to write it?

A writer is always trying to engage their readers in his words. This is what every SEO requires. But, to write an engaging and persuasive article about SEO is not a piece of cake. It requires much hard work plus smart work.

Rome wasn’t built in a day, similarly, you cannot write a good article or an SEO overnight. It will require hard work, patience, research, knowledge, and much more.

But, if you want to write a high-quality article or SEO, we can provide you a step-by-step guide to do it.

Buckle your belts and follow the given steps to create a standard article that can be improving your SEOs.

The steps that ought to be followed are:

Using headers properly
Providing plagiarism free content
Using quality backlinks
Improving the word count
Good Keywords Selection
Image optimization
Creating a shareable content

· Using Headers Properly:

Headers and headings are vital for search engine optimization. They must be used properly accurately to make them readable catchy.

Talking about the priority, using proper headers help you make your content skimmable and easy to read. If the content is short and précised, it is more likely to be shared. Readers like short readings. Less time consumed and more information gained.

The same is with the bots of google which read your content and then pass it on. When they wriggle through your content, they start sorting out the content. This sort out happens all on all based on headers and headlines.

The more accurately you use your headers, the most precisely your content will be sorted. And, hence, it will give a classy outlook.

The Google bots will sort out the content concerning the most important up to the least one. To do this, your headers will help the bots.

Plus, using proper headers allow you to sort keywords more naturally into the content.

· Providing Plagiarism Free Content:

This is the part that you must not underestimate. This must be distinct. Copied or plagiarized content does not get much traffic and attention.

Readers do not like copied work. Everyone is in seek of original and unique content. Plagiarism or copying may cause demotion in your traffic.

To check if you have any plagiarized work or not, use free or paid plagiarism checkers. These tools help you get the results of plagiarized work.

According to Google SERPs, following are free & paid checkers that you can use:

Website	Free	Premium version
Prepostseo.com	1500 words
Trunitin	X
Editpad.org	1000 words	X
Copyscape	X
Check-plagiarism	5000 words

Which one you should prefer, free or paid tool for this task?

It is totally up to your budget. If you can afford premium plagiarism checker, go for it. Otherwise, free plagiairsm checker from a trusted source can be used.

· Using Quality Backlinks:

Using backlinks and having from some other websites also help increasing traffic. It also plays an important role in search engine optimization.

If the content is good enough, it will more likely get many backlinks. These backlinks can be external or internal.

Ranking your old posts in search engines is as necessary as for the new ones. To perform this step, backlinks of those posts are attached to the newer posts.

Using the best quality backlinks will help both the robots and the readers find your content and articles easily.

Fun fact, using high-rated websites’ will help your content to prove more accurate. People believe in quality more than quantity. If you add 3 backlinks to well-reputed websites, people will consider your content more than the others.

You can also use the hyperlink scenario as it develops trust in your readers.

· Improving The Word Count:

Referring to the old days, there was a competition of numbers. There was quantity more than quality. Articles used to have hundreds of words. People were racing in the number game.

The more articles you write and post, the most popular you are.

But now, time has changed people’s indents. People have started liking quality instead of quantity. There are fewer posts and articles but have quality content in them.

All of this happened because Google started viewing long-listed high-quality content. It wanted to show its users the best quality and detailed answers to their queries.

The formula of the direct and simple answer has been thrown out by Google.

Writing very small content is not appreciated nowadays. But it doesn’t mean you start exaggerating it.

You must analyze and check before you start writing content or posting it. You must visit Google Analytics to check whether the content you are writing about is in searching or not.

A writer must know the future of its content even before posting it. The analysis will help you get a piece of deep information about the subject that you are working on.

Writers can use paraphrasers to shorten the over-long content. Rephrasing tools are very effective for paraphrasing & summarizing your content. They can help the writer to create a précised piece.

· Good Keywords Selection:

Content writers use two different techniques to write. First is when they just sit and start writing content without taking anything else into account.

Whether, the second one, is when the writer starts typing only keywords. By most of the writers, the second one is the favorite appreciated.

The writer starts brainstorming the words related to his content and topic. Keywords cannot be chosen blindfolded. They must be relevant and competitive.

You either start on your own or can do it by using various tools. Some of the SEO agencies also do keyword selection and keyword searches for users. These types are premium.

After starting for once, you must use keywords in the title, headlines, and wherever they can be used. But, one thing that must be in your mind is that don’t use keywords excessively. Use them naturally.

· Image Optimization:

Choosing a picture or an image for your content is an important task in content writing. The writer must choose the best, relevant and attractive images to make the content attractive.

A buyer will always go to a website having catchy and interesting images and pictures about the product.

The size of the picture must be kept in mind while using them. Pictures having too large a size may slow down the process which may result in hurting the SEO.

The image size must be kept as small as possible until you can see it. Only visibility is the criteria of image size in content writing for SEO.

· Creating A Shareable Content:

After you have made your content readable and user-oriented, make it shareable. Different websites like ShareThis and AddThis create social media buttons for your websites to make them shareable.

These websites will help the users to share your content directly from your website.

Credit Repair: DIY Vs. Professional Companies

Finance

Sam Allcock

-

7 April 2021

0

Credit Repair: DIY Vs. Professional Companies

Every lender is interested in responsible borrowers — consumers who make repayments on time. To assess reliability, organizations focus on your score, as it reflects the entire credit history. The higher the total — the more eligible you are as an applicant. Sadly, this summary is not always accurate.

All too often, reports from the largest bureaus contain false or outdated items. These entries affect the status, making loans expensive or inaccessible. Fortunately, there is an easy solution — professional services. The best credit repair companies reviewed by Rapid Credit Fix can enhance the score for you quickly and inexpensively. But isn’t it better to do it by yourself?

Effects of Poor Scores

Creditors share their data with three major agencies — Equifax, Experian, and TransUnion. These organizations compile reports detailing your borrowing history. Their contents define the total. Lenders are not the only parties that pay attention. The information is also used by insurers and employers. Overall, bad credit has far-reaching consequences.

The official FICO range is between 300 and 850. Different lenders use different criteria. Most commonly, borrowing conditions begin to deteriorate after the total falls under 720-720. This also depends on the type of loan. For example, mortgages insured by the government have lower thresholds.

Fixing by Oneself

The law allows every US citizen to correct their records, but the process is far from smooth. First, you need to collect the reports and scrutinize them to identify any errors. Secondly, you should collect evidence to corroborate your claims. Finally, you will communicate with creditors and bureaus in writing, sending letters of a particular format. There may be a lot of back and forth, and repair may take up to a year in total.

The duration always depends on the complexity of your case — i.e., the number and nature of false entries. Some of the typical mistakes are duplicates, outdated items, false evictions, repossessions, late payments, judgments, and tax liens. You may find information about events that never happened, or evidence of identity theft. The key stages in the process are:

1. Collection of Information

This stage is the easiest. You may get copies of all three reports from the www.annualcreditreport.com website. Digital copies may be downloaded immediately. Alternatively, you may leave a request by calling the organization or sending a letter by post.

By law, you are entitled to a free copy from each of the agencies per year. Now, throughout the pandemic, this service is accessible weekly. Note that all three sources must be considered at the same time. This is because every lending institution may share its information with just one bureau.

2. Examination of Records

Go through the records line by line and check all the details. Aside from the entries, pay attention to the correctness of your personal information like name, address, and Social Security number. If a fraudster has taken out loans in your name, you can spot this immediately. Any items that look suspicious should be scrutinized.

3. Gathering of Proof

Naturally, the bureau will not delete any details without supporting evidence. Corroborate your claims with bank statements and any other documentation. You may ask your creditor for clarification concerning any items they have reported.

4. Disputing the Errors

Finally, you should draft and send dispute letters to all credit bureaus involved. The Consumer Financial Protection Bureau provides templates on its official website. Send your letters by certified mail, so you have hard evidence of the exchange. The law obliges every reporting agency to investigate your dispute and respond within 30 days.

5. Getting the Results

Eventually, the bureau will either erase the items in question or request an additional proof. If any items are officially deleted, they may not be restored. The bureau will send you a free copy of the improved report. Your score will rise immediately once the derogatories disappear.

The Convenience of Professional Repair

Getting credit fixed by oneself is a complex endeavor. It requires time, patience, knowledge of applicable laws, and formal written communication. If the agency requires more evidence, the process is prolonged. Generally, it takes between six months and a year. Naturally, professionals achieve the necessary result much faster.

In credit repair, the outcome is never guaranteed. Still, a team of experts will collect and analyze the data faster. They are proficient in liaising with creditors and bureaus. The best companies offer a money-back guarantee, so you have peace of mind. Customers delegate repair and monitor the progress using online tools or apps. They have access to customer service and notifications. Some firms will even offer you a line of credit, so you may also rebuild, not just repair, your history.

What Credit Score Is Needed for a Mortgage?

Mortgage

Sam Allcock

-

7 April 2021

0

What Credit Score Is Needed for a Mortgage?

Are you planning to take out a mortgage? Check your FICO score first. Consumers with lower totals pay higher interest if their applications are approved at all. In this article, we will look at typical requirements from creditors in 2021 and ways to raise the score.

Generally, the total ranges between 300 and 850 points. For your application to be accepted, the lender’s criteria must be met. Different institutions set different thresholds for borrowers. On average, when your result falls below 720, conditions deteriorate. Using the best credit repair services is the fastest way to increase the FICO score. But how high should it be?

What Is the Best Score?

You do not have to achieve the best result (850). Your chances also depend on the type of loan you apply for. The ones insured by the government have less rigorous criteria. For example, you may qualify for an FHA loan with only 500, provided you make a 10% down payment. A score of 580 brings it down to 3.5%. In comparison, a conventional loan requires at least 620.

How to Check the Score

Every American citizen is entitled to a copy of their report from each of the major bureaus. Once a year, you may get this document for free from Equifax, Experian, and TransUnion. Involving all three is crucial, as a lender may only share data with one agency.

Head to www.annualcreditreport.com and download the files. Alternatively, call the toll-free number or send a written request. In 2021, due to the pandemic, citizens may get a free copy monthly.

Your score depends on the contents of your reports. You may also find it through special applications like Credit Karma. Different lenders use different formulas to evaluate your total. However, you may always assess your chances by looking at the official FICO status.

A Huge Difference

The lower the score — the more expensive the loan. Borrowers with imperfect records end up spending thousands of dollars more in interest payments. Raising the total is essential.

Check the score long before submitting your loan application. If you need repair, this will take several months. Negative items cannot vanish overnight. Whether you handle the disputes by yourself or hire professionals, plan ahead.

How to Raise the Total

If the score is too low, you need to fix or rebuild it. In the first case, you dispute and erase false derogatories on the reports. If all entries are accurate, the only way to improve the odds is through diligent repayment of new loans. Repair takes months, but rebuilding could span years.

Scrutinize your records — there could be more than one mistake. Information from any of the agencies may be flawed due to duplicates, outdated items, and events that never happened like evictions, repossessions, tax liens, etc. Consumers who consolidate debts may discover false late payments. Any such details may be disproved and wiped off for good.

There are two ways to do this. First, you may repair your credit score on your own — collect and examine the reports, pinpoint the errors, and dispute them. However, a few borrowers have the time, knowledge, and patience necessary to negotiate with creditors and bureaus.

Professional credit repair is a popular choice, as you may delegate all the tasks to seasoned experts. The team will gather your data, scrutinize it, find inaccuracies and collect information to disprove them. It will liaise with lenders, bureaus, and collection agencies to resolve your problems.

How Long Does It Take?

This depends on the level of complexity. The more negative items you want to dispute — the more evidence there is to collect and the more letters there are to send. Most repair firms limit the number of disputes per month unless you sign up for their premium services. Aside from the disputes, they also send cease and desist letters to collectors (so they stop calling you) and goodwill letters to creditors (so they remove negative entries voluntarily).

The Bottom Line

Without a positive score, it is impossible to get the best conditions on a mortgage, let alone qualify for it. Check your status long before applying. Remember that the criteria depend on the lender and the type of loan. Repair or rebuild your history to get the lowest interest rate.

The Ultimate Expats Guide: How to Buy Furniture in London

Property

Sam Allcock

-

7 April 2021

0

The Ultimate Expats Guide: How to Buy Furniture in London

Moving to a new country with a different language, culture, and customs can be overwhelming enough. At the very least, you want your new place to feel like home as quickly as possible. Furnishing and decorating is one of the most exciting aspects of moving to a new place! Buying the perfect pieces of furniture is the first step to making your space your own. How do you go about buying furniture in London? No need to worry. We’ve got you covered!

Welcome to the ultimate Expats guide to purchasing furniture in the heartbeat of the UK!

Make Your Furniture Checklist

Begin your furniture buying experience with a solid plan. It is pointless to waste time looking at furniture that does not meet your criteria for one reason or another. In order to know which direction you’re headed, you first need to make a few decisions about what you do and do not want.

Budget

How much money are you comfortable spending on furniture? The answer to this question will depend on several factors, including:

Amount of money you have saved
Expected future income
Living expenses
How long you plan on staying

After you create a clear budget, you will be able to nail down a preferred price range. There is no need to waste time going down avenues that are outside of your budget.

Style

Which style of furniture is your favorite? If it’s modern and contemporary, then it is a waste of time to search stores that only offer antiques and vice versa. Knowing your preferred style helps you narrow down your options.

New or Used

Do you enjoy projects or want something turnkey? If you enjoy projects, you may be able to find furniture with good bones that need a little TLC. If not, new is the way to go!

Assembly Required

If you do not mind assembling the furniture once it arrives, your buying options broaden. However, if you want pre-assembled furniture, you should only look at options that offer pre-assembled delivery or pick up.

Two Main Choices When Buying Furniture in London

Ultimately, just like in the rest of the world, you have two choices when purchasing furniture in London. The first is to purchase online and have the pieces delivered to your place of residence. The second is to buy in-person in brick-and-mortar stores. The route you choose will depend on your checklist. This in-depth look at each will help you decide which is your best option based on your needs.

Buy Furniture Online in London

The first option, and most obvious, is finding a reputable furniture store online, purchasing the pieces you want, and having them delivered.

Pros

Shop from the comfort of your home
Browse multiple stores and compare without physically going anywhere
Read consumer reviews so that you better understand how you will like the product
Easily find the best prices
Reputable companies such as Instrument furniture will offer the option of professional assembly, so there’s no need to worry about assembling the furniture yourself
With the ability to shop from anywhere in the world, you can coordinate ordering your furniture with when you will be arriving in London
It doesn’t get anymore convenient than a few clicks of a button

Cons

You will not be able to see the furniture in person (This is where reviews are helpful and often answer any questions or concerns you may have)
In most cases, assembly will be required (However, some companies offer the option of professional installation or flat pack)

Purchasing furniture online is by far the fastest and most efficient method of finding just the right look for your home. You don’t need to spend countless hours going from store to store in hopes you will find just the right piece for your look.

Purchase Furniture In-Person in London

Shopping is not one size fits all. Online purchasing is not for everyone. If this is the category you fall in, then in-person furniture shopping is for you. It is pertinent to note that unless you get lucky from the start, it can be a more time-consuming process. These tips will help steer you in the right direction, depending on your personal preferences.

Budget as a Priority

If budget is your number one priority, your best bet is to visit the various charity shops throughout the city. Most have a dedicated furniture department or separate store. The chances are good that you will be able to find great pieces of furniture at incredible bargains.

You can also try your hand at flea markets. However, beware, many of London’s flea markets are upscale, and the cost of goods will reflect this.

In Need of a Project or Prefer Antique

If you are crafty and want to find furniture that you can put your own touch on or well-kept antique pieces, then you should be able to find just what you’re looking for in the streets of London. Flea markets and charities are great places to find diamond-in-the-rough furniture pieces that you can masterfully refinish and breathe new life into. Brick Lane Flea Market is known as one of London’s best markets for finding truly unique and inspiring furniture. Another good option is Aladdin’s Cave, a well-known reclamation centre that is sure to turn up some incredible finds. Alfie’s Antique Market in Marylebone is London’s largest indoor flea market with antique furniture galore!

Auction houses are another worthwhile venue to check out. There are several scattered throughout London that holds auctions one or two days out of the week. It is not only fun to see what comes up, but you can snag gorgeous antique pieces as well! Two of the most famous auction houses are Chiswick Auctions and Criterion Auctioneers.

Prefer Custom Pieces

If you have a unique space, you may need or want bespoke furniture to fill it. In this case, you will want to visit one of London’s many bespoke furniture shops. It is important to note that going this route could cost you a pretty penny. However, you will find some of the most beautiful furniture that speaks to individual style. Pentreath and Hall in Bloomsbury is one of the most popular custom furniture shops in London.

High-End Furniture

Finding the perfect pieces of high-end furniture in person may take a bit of patience but is still achievable in London. The key is to take your time and know where to look. As expected, most top-quality pieces have a price reflective of their craftsmanship, so be sure to bring your pocketbook. John Lewis, Chaplins, and Debenhams are a few of the most well-known high-end furniture shops in the city.

You’re on Your Way!

Welcome to London, one of the most famous cities in the entire world! Have fun with every part of the experience, including making your new home a reflection of who you are. There’s no doubt with a bit of perseverance that you will find the right pieces of furniture to match your style and budget!

What are the benefits and challenges involving in Bitcoin payments?

News

Sam Allcock

-

7 April 2021

0

What are the benefits and challenges involving in Bitcoin payments?

The nature of virtual currencies is unique as compared to fiat currencies. Bitcoin is the best virtual currency with many advantages being a medium of exchange and a store of value. Although bitcoin has been into it for more than a decade, it is constantly changing, making payments and investments. Along with knowing the benefits of bitcoin, an individual must also understand the risks involved while using Bitcoin. For more information you can visit and like the new Chinese Cryptocurrency

What is Bitcoin?

Bitcoin is a decentralized digital currency that follows the peer-to-peer system of making payments. It is specially designed to provide the benefit to its use of making payments electronically over the internet. It is a computer code that was created by Satoshi Nakamoto, a mysterious entity, in 2009. He developed bitcoin to provide users a new and innovative method of making payments and to provide an alternative to fiat currencies. Some people often say that there wasn’t any need for bitcoin because there are already many traditional means present to make payments.

The main element that distinguishes bitcoin and other payment methods are the decentralized nature. Bitcoin is a decentralized currency that eliminates the need for intermediaries. No central authorities govern, control, or regulate bitcoin, and no one can manipulate the demand and supply of it. Bitcoin works on blockchain technology that is a distributed public ledger that records all bitcoin transactions.

After gaining knowledge on the basics of bitcoin, let us learn how bitcoin is benefitting its users.

Advantages of Bitcoin

Peer-to-Peer focus

Bitcoin is a peer-to-peer exchange currency that allows two parties to contract or deal without involving third parties. Users can send and receive bitcoin payments without requiring permission or approval from any central authority.

Discretion

Purchases made with Bitcoin are tactful. No purchases are related to a person’s personal identity, and the transaction cannot be tracked. Bitcoin provides the facility of transparency and user anonymity, and therefore no personal details of users are linked to transactions.

Elimination of extra transaction fees

Crypto exchanges charge maker and taker fees from investors who buy and sell their cryptocurrencies, and also, there is the fee charged by exchanges for depositing and withdrawing money. But the good thing about bitcoin is that it doesn’t involve an extra and high transaction fee that is often charged when using fiat currencies. There are many different fees that banks charge that include overdraft charges, account maintenance fees, minimum balance fees, returned deposit fees, and more. These all are eliminated while transacting with bitcoin.

Mobile payments

Like traditional payments systems that are done electronically, Bitcoin users can also make payments only by having an internet connection. Users only require access to mobile devices or computers and an internet connection to transfer funds to another party. They aren’t even required to go to stores or banks to buy or transfer bitcoins. Unlike other online payment methods, users don’t have to provide their details like name, address, or bank account number to make bitcoin transactions.

International trade

The business has to make foreign purchases, and this involves high exchange costs and other fees. Bitcoin is the best solution for international; trade because it doesn’t involve any intermediary like the government or banks, and the transaction fees are quite low. Travelers and business people can make the best use of bitcoin by expanding their business without even requiring paying an additional or extra transaction fee.

High accessibility

Bitcoin holders get the best benefit of transferring funds from anywhere and to anyone. Users can easily make payments using mobile devices or computers. Bitcoin is available worldwide, and therefore, you don’t need any third-party’s permission to access and transfer bitcoins. You can make bitcoin payments without even having access to debit/credit cards and more.

Challenges in Bitcoin payments

Involvement of central authorities

We know that bitcoin is a decentralized currency, and there is no government or bank involvement. But government can still involve in Bitcoin and can ban on usage of bitcoin. This is a big challenge that bitcoin users are facing.

Volatile nature

The main challenge that users face while accepting and investing in bitcoin is its volatile nature.

What are the benefits of investing in bitcoin, and how to invest in it?

News

Sam Allcock

-

7 April 2021

0

What are the benefits of investing in bitcoin, and how to invest in it?

Researches and studies have been done, and it has been found that successful people and millionaires are the ones that have once invested in bitcoin. The emergence of bitcoin has benefitted the tech and finance sectors the most, and the financial success of bitcoin is due to the excellent features it provides. Even though there are thousands of cryptocurrencies in the crypto space, bitcoin is the best and leading cryptocurrency that is gaining high popularity across the world.

As compared to fiat currencies, Bitcoin investors are making huge profits even after its volatile market. The world is facing many challenges because of fiat currencies. The inflation period occurs when the supply is more, which highly affects the value of the currency. This is not an issue in cryptocurrencies because these are deflationary currencies. No government or banks have control over bitcoin supply, and people are provided freedom of payment with bitcoin. To access a wealth of knowledge about the fintech and cryptocurrency realm, explore fintech-insight.com a comprehensive source of up-to-date information on the latest developments and emerging trends in the industry.

Bitcoin is a virtual currency that is developed to change the way of transferring funds. Not only investors but businesses and companies have gained the benefit of using it. Let us explore the pros of investing in bitcoin and other cryptocurrencies that are as follows:

Pros of Investing in Bitcoin

Bitcoin transactions are cheap and straightforward. There isn’t any involvement of central authorities, and therefore, no users have to provide their details or complete the lengthy processes of opening an account with the exchange. Buyers can’t claim their money after making a purchase, and this provides sellers the chance to deliver products without any issue of recovery. This means that bitcoin transactions are irreversible; if once initiated, they cannot be canceled or reversed.
There isn’t any risk of inflation in the bitcoin market. Unlike fat currencies that the government controls, bitcoin isn’t controlled by any central authority. The inflation period occurs when the purchasing power of people reduces because there is more printing of money in the market. The supply of bitcoin is fixed, and the price of bitcoin depends on its demand in the market which means it is deflationary. This is a great benefit for people that want to invest in the bitcoin market because their purchasing power will never decrease, and so is the value of the currency.
Major currencies across the world are difficult to carry. Like if we talk about regular money, you cannot carry a large amount of money from one place to another as there are many risks involved in carrying money. Bitcoin investors are free in this case as it is a digital currency stored in digital wallets. Digital wallets can be downloaded on a computer or mobile device, and therefore there aren’t issues with carrying the money. You can carry a million worth of bitcoin on your mobile device without any issue or risk. This means bitcoin is a highly portable currency.
No bitcoin transactions can be tracked by the government or banks, or even the founder of bitcoin. This is a great benefit that is provided to bitcoin holders. Bitcoin transactions are anonymous, and therefore, no one can estimate the amount of bitcoin that a specific person is holding. No doubt, through the blockchain ledger, it can be estimated, but no one can identify the real identity of a person who has what amount of bitcoins.

How to Invest in Bitcoin?

Bitcoin is the fastest growing cryptocurrency, and many people are investing in Bitcoin. The new investors who want to start investing in bitcoin have to get a bitcoin wallet to store their bitcoins. You can buy bitcoin and buy bitcoins, and you have to open an account with a crypto exchange. Complete the user verification process and add the bank account for deposits and withdrawals. You can set the number of bitcoins you want to buy and pay from a bank account.

Making investing in bitcoin in today’s time is the best investment as compared to gold and stocks. Bitcoin provides a high rate of return to its users. With proper knowledge and guidance, you can become a millionaire by investing in bitcoin.

Is Bitcoin an ideal store of value?

News

Sam Allcock

-

7 April 2021

0

You must have heard many people saying that bitcoin is a great store of value. Bitcoin was introduced as a medium of exchange, but bitcoin features make it a great investment opportunity or a store of value. A store of value is any currency or asset that preserves its value for a long time and can be exchanged for goods and services without fading in its worth. On the other hand, fiat currencies are the worst store of value because there occurs a situation of inflation that declines the value of a currency, but this is not the case of Bitcoin. Brexit Trader is the website that can allow you to trade different cryptocurrencies that are also good as a store of value.

Let us learn how bitcoin is a store of value.

Durable

Durability means the asset must not be easily destroyable to preserve its value in the future. Like gold is highly durable, bitcoin is also a durable crypto asset. It is assumed that the computing standards of Bitcoin and its technology won’t change in the future and, therefore, will maintain the usage of bitcoin. It is a crypto asset that cannot be degraded or break apart due to less usage or passage of bitcoin. Bitcoin will always be useful to the finance and tech sector, making it a great store of value.

Scarcity

Countless features make bitcoin a great store of value, but out of all, scarcity is an important characteristic. An asset must be easy to obtain, more in quantity to be a great store of value, and this is an important thing about bitcoin. In the economy, we have understood that if the supply increases with less demand, it makes the asset or currency a poor store of value. Comparatively, if the supply of an asset is fixed or limited and its demand increases, it will preserve the value of the asset.

The supply of bitcoin is fixed, unlike fiat currencies and gold. There will only be 21 million bitcoins that could ever exist, and the last bitcoin will be mined till 2140. Bitcoin is a liquid asset that has a finite supply which increases its demand and value.

Fungible

Fungible means value that is uniform and interchangeable. An asset or a good can only be considered an ideal store of value whose value is mutually exchangeable. A currency must be fungible to be exchanged for the purchase of goods. With fungibility, the goods can be exchanged internationally or at multiple locations. Bitcoin is more fungible than gold because the worth of one bitcoin will be the same as the worth of another bitcoin. It is software that means pure, unlike gold, where there can be impurities. Fungibility is another feature that makes bitcoin a great store of value.

Storable

Bitcoin is a digital asset that can be easily and for free as well. No vault is required to store digital currencies, and only a digital wallet is required to store your coins. You can either choose a hardware-based wallet or a web-based wallet. A wallet is a software that can be easily installed on your computer, desktop, or mobile device to keep your digital coins safe.

You can either choose a paper wallet that prints the private keys on paper. Each bitcoin holder must learn safety methods to ensure the safety of bitcoins. Once you get familiar with all methods or tips for storing your coins, there aren’t any limitations on storing bitcoins. You can make countless transactions and can store a huge amount of bitcoins in your bitcoin wallet.

Verifiable

An ideal store of value is easy to verify but impossible to duplicate or counterfeit. It is important for a store of value to easily and fast verify the transaction to make the exchange process fast. It must use technologies or different ways to secure the network and transactions and be difficult to counterfeit. Verification of bitcoin transactions is done by miners using computing power, and a big network of computers validates all transactions.

Bitcoin transactions are recorded on the blockchain, which uses the proof of work consensus method instead of trust. No one can create fake bitcoin or duplicate it because it uses cryptographic principles and is dependent on thousands of computers. Bitcoin’s supply can never be manipulated, and the transactions are easily verified.

Buy Property in London

Property

Sam Allcock

-

7 April 2021

0

London is one of the world’s leading financial centers for international businesses.

This very diverse city is also one of the fashion capitals of the world.

It is one of the top cultural hubs in the UK and its property values are promising. If you’re an investor considering property investment, consider buying a property in London.

If you’re still not convinced that this is a good place to make such a large investment, then you’ve come to the right place.

Here are two reasons why you should consider buying a property in London and how you can start investing by hiring a property sourcing agency.

1. London has a Strong Economy

London is booming in several industries to the extent that the city generates nearly 22% of the UK’s GDP. It is also one of the most populous cities in the UK attracting visitors from around the world.

London thrives in the following industries:

Service industries
Fashion
Finance
Business
Tourism
Education
Technology
Media
Retail

This combination of industries works together to make London the robust city that it is. This is why there is such a high population which leads to a demand for housing.

The high number of people who study abroad in London also make rental properties highly profitable.

London has business districts like Westminster, Canary Wharf, The City, Lambeth & Southwark among others. These locations are home to top businesses in media, finance, and even government agencies.

The proximity to these powerful locations is the reason property values rise in London. This city is a safe bet for investors because of its influential hand in the economic stability of the UK.

2. London has a High Demand

There is a growing demand for residential properties because of the undersupply people are currently facing.

Residential undersupply is what’s driving the property market forward right now.

This presents unique opportunities for investors to fill in the gap and ensure that they invest while the demand is still high.

This undersupply is not great for citizens looking for housing, but it is an excellent financial opportunity for investors looking to purchase properties.

Hence, property values are high and the return on investment is quite promising.

This residential undersupply is causing rental property rates to rise. Even the regeneration in London leads to a price increase.

With this competitive environment in the market, rental prices increase and provide great opportunities for investors.

According to the UK Property Market Forecast, there could be an increase in rental prices by 11.5% in the next four years.

How to Buy Property in London

Consider these two words: property sourcing.

If you decide to invest in property in London, you’ll need to hire a property sourcing agent, or a property sourcing agency to ensure that you make the best purchase decision possible.

The housing market is complex and not everyone has the time or capability to conduct extensive research and negotiate deals.

If you hire a property sourcing agency, you’ll leave them to do the heavy lifting. They’ll walk you through the process of purchasing property and advise you on the best properties to invest in for the highest ROI.

If you’re interested in a property sourcing agency in London, Pearl lemon Properties can guide you through that process.

Make sure that you put your best foot forward when it comes to a big commitment like property investment!

Why You Should Start Using Website Analysis Tools

Technology

Sam Allcock

-

7 April 2021

0

Why You Should Start Using Website Analysis Tools

Identify Problems

Improving PageRank

Conclusion

Everyday the fight for coveted search engine positions get more and more competitive and the need for informative and accurate analytics is greater than ever. Every google search can yield billions of results within a matter of seconds and only the top options on the first page are even considered by most people. That is why using a website analysis tool is becoming more and more crucial for any online platform for your business.

Identify Problems

Website analysis tools come in many shapes and sizes and they can fill a variety of different niches depending on the one that you pick. However, a simple and free (for the most part) tool like Google Analytics is useful for almost any website.

They offer a great amount of analytics and data metrics for you to identify strengths and weaknesses of your website and can point you towards competent solutions to solve most simple problems with your website.

Many websites are plagued with a large quantity of small problems that are easily fixed and that are dragging down search engine rankings. A straightforward, free, and intuitive website analysis tool is a great way to get started on improving your website.

Improving PageRank

One of the most important metrics for a website is its Google PageRank. Google is by far the most dominant search engine across the world right now and you have to play ball if you want to have any significant amount of traffic on your website. This means you have to structure your website in a way that follows Google’s guidelines and shows that you are credible and have good content.

Website analysis tools like Google Analytics, SEM Rush, etc are all great tools for accomplishing this goal, but having a fully optimized website often requires a professional SEO consultant/firm. That is not to say that you cannot improve your website with just yourself and website analysis tools, but be prepared to eventually reach a plateau.

PageRank is ultimately a huge deciding factor in the success of a business’s website – think about it, when was the last time you scrolled to the second page in a Google search? Or even to the bottom of the first page?

Conclusion

We all know that having a website is essential to any business nowadays, but just having it up and running is not enough. Using a website analysis tool can give you and your business that edge to gain more traffic and potential customers.

· Using Headers Properly:

· Providing Plagiarism Free Content:

· Using Quality Backlinks:

· Improving The Word Count:

· Good Keywords Selection:

· Image Optimization:

· Creating A Shareable Content:

Effects of Poor Scores

Fixing by Oneself

1. Collection of Information

2. Examination of Records

3. Gathering of Proof

4. Disputing the Errors

5. Getting the Results

The Convenience of Professional Repair

What Is the Best Score?

How to Check the Score

A Huge Difference

How to Raise the Total

How Long Does It Take?

The Bottom Line

Make Your Furniture Checklist

Budget

Style

New or Used

Assembly Required

Two Main Choices When Buying Furniture in London

Buy Furniture Online in London

Pros

Cons

Purchase Furniture In-Person in London

Budget as a Priority

In Need of a Project or Prefer Antique

Prefer Custom Pieces

High-End Furniture

You’re on Your Way!

1. London has a Strong Economy

2. London has a High Demand

How to Buy Property in London

Identify Problems

Improving PageRank

Conclusion

ABC Money 2025 - 1st Edition

Magazine - 2025 Edition