Smartcard Marketing Systems Inc (OTC:SMKG) Named to Retail CIO Outlook’s Top 10 Retail Mobility Solution Providers 2017

Retail CIO Outlook announced today that Smartcard Marketing Sys(OTC:SMKG) has been recognized as one of the Top 10 Retail Mobility Solution Providers 2017.

MANHATTAN, NEW YORK, USA, June 5, 2017 / — Smartcard Marketing Systems Inc (OTC:SMKG) Named to Retail CIO Outlook’s Top 10 Retail Mobility Solution Providers 2017

FREMONT, CA—Retail CIO Outlook announced today that Smartcard Marketing Systems Inc (OTC:SMKG), a leading provider of Financial Technology for Financial Institutions, has been recognized as one of the Top 10 Retail Mobility Solution Providers 2017.

“We take pride in honoring Smartcard Marketing Systems as one among the 10 Retail Mobility Solution Providers 2017,”said Katie William, Managing Editor of Retail CIO Outlook magazine. Advisors and partners of Smartcard Marketing Systems delivers from Concept to End2End payment certification for commercial rollout and also the team has developed proprietary solutions for Web, Mobile and Peripherals.
Smartcard Marketing Systems’s strategy is built on compounded years of successes & expertise both deploying and developing payment solutions globally to individual customers as well as Telecom clients & major Banks.

About Smartcard Marketing Systems (OTC:SMKG)

Founded in 2003, Smartcard Marketing Systems is a publicly owned company headquartered in Wilmington, De, United States with its wholly owned subsidiary VelocityMwallet Technology llc., and proprietary technology brands, and Smartcard Marketing Systems specializes in Ecommerce, Win8, QNX, IOS, Mobile Payments, MPOS, EMVl2, Wireless Payments, M2M SIM, RDC, Digital Incentives & solutions, Android, EMV, Payment Switch & Host. The company also develops, design and consult in commercialization for the payment industry- globally. For more info, visit:

Massimo Barone CEO Stated “We are very honoured to be recognized by CIO Retail Outlook as one of the TOP 10 Retail Mobility solutions for 2017. Our team over the past 3 years has been focused on developing a Fintech strategy building a portfolio of Independent software vendors globally, leveraging our expertise, seamless interoperability and technology to disrupt their targeted industry sectors.”
About Retail CIO Outlook
Published from Fremont, California, Retail CIO Outlook is a technology magazine, which gives information about new enterprise solutions that helps the technology, and business leaders to achieve business goals. A panel of experts and board members of Retail CIO Outlook magazine finalized the “Top 10 Retail Mobility Solution Providers 2017” and shortlisted the best vendors and consultants in the Retail industry. For more information visit:

About SmartCard Marketing Systems Inc. (OTC:SMKG)

SmartCard Marketing Systems Inc. (SMKG:OTC) is a Fintech advisory Co & solutions provider to the payments industry, delivering cloud-based EMV Host Acquiring & Issuing solutions to banks, telecoms and enterprise customers. In addition, the company's in-house lab offers customers proprietary software solutions including, a coupon and incentive platform for the Retail & Events industry, a Remote Deposit Check solution for X9 clearing and, a transaction payment ecosystem for alternative payment solutions & processing. For more information, go to

SOURCE SmartCard Marketing Systems Inc (SMKG) 1-844-THE – PAYMENT

Massimo Barone
SmartCard Marketing Systems Inc
email us here

Source: EIN Presswire

Sydney fintech, Othera, helps Australian lender to re-imagine the digitisation and trade of P2P loans on the blockchain

Blockchain technology has been called the fourth industrial revolution and financial institutions are leading the adoption

SYDNEY, NSW, AUSTRALIA, June 5, 2017 / — SYDNEY- Othera, developer of the Blockchain Lending Platform and Digital Asset Token Exchange that is helping to re-imagine the Alternative Asset Investment ecosystem, has welcomed new lender, Credit Crowd, onto their platform. As a P2P business lender, Credit Crowd are looking to digitise their existing and future loan book to facilitate transparency and liquidity for the issuance and trade of loans by their investors.

Blockchain has captured the attention of financial institutions around the world and has been called the fourth industrial revolution. According to PricewaterhouseCoopers over US $1.4b has been spent investigating and developing new blockchain technology. Othera is one of the few blockchain technology software companies, globally, with a market ready product for the financial services industry.


Credit Crowd are an established commercial P2P lender who have written more than $100M in mortgage loans and managed more than $50M in their retail fund. As a provider of a P2P marketplace that provides investment opportunities to retail and institutional investors, Credit Crowd chose Othera to help provide their investors with greater transparency over loan-level data and full asset provenance over investment assets. Using Othera’s Blockchain Lending platform, Credit Crowd can digitise, segment and tokenise loans, and issue digital loan tokens that can be traded on a Digital Asset Token Exchange by their investors.

Ivan Ruefli, Director at Credit Crowd said, “We’ve been impressed by the sophistication of Othera’s technology and their willingness to work closely with us to achieve exciting outcomes”. Othera’s ability to consider Credit Crowd’s individual requirements is largely possible due to the plugin flexibility of the platform’s API driven system. This ensures Othera’s platform can integrate with a lender’s existing back office processes and technology and also provides scope for growth and expansion of functionality. Deploying this technology gives Credit Crowd a market leading advantage at a time when most financial services are still grappling with multiple legacy systems and have yet to realise the game changing benefits of blockchain for the financial services industry.

While Othera welcomes new customers, they aim to work only with lenders who can demonstrate rigorous credit approval and responsible lending practices. John Pellew, CEO of Othera said, “We are thrilled to be working with Credit Crowd. We think of Othera as a dynamic, symbiotic investment ecosystem that benefits both lenders and investors. Stringent credit approval and underwriting standards are of utmost importance when valuing alternative assets, and we are doing our best to provide a profitable experience to investors on the Digital Asset Token Exchange. Therefore, we are very selective about the lenders whom we bring onto our Blockchain Lending platform. Credit Crowd have returned 100% of interest and capital to their investors which is a testament to their responsible lending practices and also a reflection of their deep understanding and experience in the industry”.

Othera’s proprietary, two-part system offers a unique solution to illiquidity and to the opaque investment trading practices that have dogged the financial services market for decades. Othera’s Blockchain Lending Platform turns an illiquid asset, like a loan, into a new class of digital, fixed income asset that represents the right to cashflow, much like a bond. This loan token can be traded on an exchange by investors and provides a high degree of transparency which is critical for investors who wish to perform effective due diligence. Utilising Othera’s private, permissioned blockchain, Credit Crowd’s retail and institutional investors will now have greater visibility over the asset and its provenance; including payment history, loan terms and the quality of the underlying security.

Othera is leading the way in the digitisation, issuance and trade of Alternative Investment Assets. Application of Othera’s two-part blockchain and smart contract technology reduces costs and risk for both lenders and investors by increasing asset transparency and liquidity, and reducing transactional friction and fees. Othera’s re-imagination of the Alternative Investment market through their Blockchain Lending Platform and Digital Asset Token Exchange and the creation of a new class of fixed, income alternative asset is delivering innovative solutions to meet the needs of lenders and sophisticated investors.

Katie O'Mara
email us here

Source: EIN Presswire

Specialty Insurance Market 2017 Research with Future Scope, Size & Industry Expected to Grow with High CAGR by 2021

Orbis Research

Orbis Research

Global Specialty Insurance Market Research Report provides information on Services, Top Companies, Countries, will help the viewer in Better Decision Making

DALLAS, TEXAS, U.S.A., June 5, 2017 / — There is no standard definition for Specialty Insurance, in this report; specialty insurance includes high-hazard insurance, non-standard general insurance, niche market segments, bespoke underwriting, and excess and surplus lines insurance.

Scope of the Global Specialty Insurance Market Report
This report focuses on the Specialty Insurance in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Request a Sample of this Report @ .

This report covers Analysis of Global Specialty Insurance Market Segment by Manufacturers
Tokio Marine
China Life
XL Group
Argo Group
Munich Re
Hanover Insurance
Sompo Japan Nipponkoa
RenaissanceRe Holdings
Selective Insurance

Analysis of Global Specialty Insurance Market Segment by regions
• North America (USA, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Browse the full report @ .

Global Specialty Insurance Market Segment by Types
Life Insurance
Property Insurance

Global Specialty Insurance Market Segment by Applications, can be divided into

Purchase a copy of Global Specialty Insurance Market visit @ .

Some of the Points cover in Global Specialty Insurance Market Research Report is:
Chapter 1: Describe Specialty Insurance Industry
• Introduction,
• Product Scope,
• Market Overview,
• Market Opportunities,
• Market Risk,
• Market Driving Force

Chapter 2: To analyze the top manufacturers of Specialty Insurance Industry in 2016 and 2017
• Sales
• Revenue and price

Chapter 9 and 10: Global Specialty Insurance Market by type and application from 2012 to 2017
• Sales
• Revenue and market share
• Growth rate

Chapter 11: Specialty Insurance Industry Market forecast from 2017 to 2022
• Regions
• Type and application with sales and revenue

Chapter 12 and 13: Specialty Insurance Industry
• Sales channel
• Distributors
• Traders and dealers
• Appendix
• Data source

Check discount of the report @ .

Hector Costello
Orbis Research
+1 (214) 884-6817
email us here

Source: EIN Presswire

Santander banks on AppInstitute to deliver mobile marketing Masterclass

AppInstitute delivers Masterclass in collaboration with Santander to educate businesses on how to build their own mobile app regardless of technical ability.

NOTTINGHAM, NOTTINGHAMSHIRE, ENGLAND, June 5, 2017 / — Nottingham-based AppInstitute has delivered its first masterclass with Santander, as part of the bank’s Breakthrough support for ambitious businesses. The masterclass was designed to educate small and medium-sized organisations on how to leverage the power of mobile marketing and build their own mobile app regardless of their technical ability.

AppInstitute hosted 18 businesses from across the Midlands at their Nottingham HQ over the course of a day, with delegates learning the theory and value of mobile marketing before going on to develop their own app.

Attending businesses came from a wide variety of sectors and backgrounds, from BioTech and farming to retail, leisure and hospitality.
AppInstitute CEO and Founder, Ian Naylor, said:

“We had a fantastically productive day working with a very diverse range of businesses at different stages of growth and maturity. The aim of the day was to demonstrate the power of mobile marketing in today’s smartphone-centric society and how easily it can be harnessed by all.

“Consider for a moment the difference in message open rates when comparing push notifications via mobile apps with traditional email marketing – we’re talking 97% vs. 4% for email. Factor in that 90% of push messages are read within 3 minutes and you have a hugely powerful tool at your fingertips that enables small businesses to act swiftly and with accuracy.”

AppInstitute provides a simple way for small businesses to create, publish and manage their own iPhone and Android app using their DIY app builder platform, making entering the app market easy for even the least tech-savvy small business owner – that is the key issue, according to Ian:
“There are perceived barriers with regards this exciting opportunity but we are helping small businesses to clear them by removing both the technical and financial barriers to entry into the mobile app market.”

“This event was the first of its kind with Santander through their Breakthrough offering. Breakthrough is a unique suite of support helping ambitious businesses to grow and prosper and we’re very proud to be working in collaboration with them. We are working with Santander over the coming months to see how we can collaborate further to help bring our support to growing businesses who are looking to expand through digitisation.

As part of the masterclass, AppInstitute gave away 1 year’s free hosting for all attendees of the masterclass. Local firm said:

“I’ve been able to come away knowing how to produce and publish an app for our business. Not only that, it has given me new ideas about how to better engage with our customers and integrate the app into our wider digital strategy. It was a really useful and productive event” Alice Carr, Great Northern Inns.

“Digitisation can be a challenge to many businesses, so offering the opportunity for 18 organisations to come along to our masterclass with a fantastic local company such as AppInstitute has been really worthwhile. Seeing them leave with new ideas and their new apps, means we can really help them to prosper” Paul White, Regional Director – East Midlands, Santander.

About AppInstitute

Founded in 2011 AppInstitute is a 20 person, young, innovative, SaaS business based out of Nottingham’s Creative Quarter.

Currently boasting over 30,000 customers from all over the globe using their Business Apps CMS platform to create mobile apps. AppInstitute is at the forefront of the smartphone app platform industry with partners and customers including PayPal, John Lewis, Loreal and Nissan.

Dubbed the 'Wordpress for mobile apps', AppInstitute's cloud-based service aims to revolutionise the app market by providing a SaaS (Software as a Service) platform that allows SMEs and individuals with little to no prior technical knowledge to create their own app with ease.

Nabeena Mali
email us here

Source: EIN Presswire

Retail Analytics Market Revenue Will Exceeds USD 7 Billion by 2023 with 17% of CAGR

Retail Analytics Market

Retail Analytics Market By Business Function (Consumer Analytics, Marketing, Supply Chain, Merchandising & In-Store Analytics), Deployment, Solutions & Services

PUNE, MAHARASHTRA, INDIA, June 5, 2017 / — Market Highlights
In this rapidly changing world of technology, Retail Analytics Market is projected to show major growth prospects during the forecast period. Retail analytics is a sub part of big data analytics. With the increase in big data analytics market, there is also rise in the retail analytics market. Retail analytics helps in collecting information and assessing that data to make it efficient. The main focus of retail analytics market is to understand customer needs and utilize that information to provide them with better user experience. Due to this, the demand for retail analytics has increased rapidly.

The retail analytics market is growing rapidly over 17% of CAGR and is expected to reach at approx. USD 7 billion by the end of forecast period.

Retail Analytics Market Players:
• IBM Corporation (U.S.)
• Microsoft Corporation (U.S.)
• Oracle Corporation (U.S.)
• SAP SE (Germany)
• Adobe Systems Incorporated (U.S.)
• SAS Institute Inc. (U.S.)
• HCL Technologies Ltd. (India)
• Cisco Systems Inc. (U.S.)
• MicroStrategy, Inc. (U.S.)
• Tableau Software, Inc. (U.S.)

Request a Sample Report @

Retail Analytics Market Segmentation
The retail analytics market has been segmented on the basis of business solution, deployment, solutions and services. The deployment segment comprises of cloud and on premise deployment models. Due to increasing availability of data, the optimized storage of that data is a major concern. Cloud storage is a better option compared to on premise as it provides easy access to the data and can be shared on various devices.

Market Research Analysis:
The global retail analytics market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. In the global retail analytics market, Asia Pacific is anticipated to witness relatively faster adoption and hence the growth rate as compared with other regions. Within Asia Pacific, merchandising and in-store analytics and marketing analytics is projected to contribute the faster share growth of revenue backed by growth in e-commerce and digital marketing in countries such as Japan, China and India.

As compared to other regions, the retail analytics market in North America is expected to witness significant growth. U.S and Canada are anticipated to drive the growth of retail analytics market. This is owing to the presence of large number of established players of e-commerce in that region. In addition to this, the region also has a well-established infrastructure and allows high penetration of devices, while the increasing number of smartphone users is another reason for the growth of retail analytics market.

Access Report Details @

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of retail analytics market. Earlier retailers could launch their products only through print media or via television media but now internet has taken over and has changed the entire landscape of shopping habits in this generation. This had led to major growth in retail analytics market in Europe region. Major restraining factor in the Europe region is due to the lack of skilled personnel which hinders the market growth.

Intended Audience
– Technology investors
– Integrated device manufacturers (IDMs)
– Original equipment manufacturers (OEMs)
– Research/Consultancy firms

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Akash Anand
Market Research Future
+1 646 845 9312
email us here

Source: EIN Presswire

HR Payroll Software Market Size Will Surpass USD 8 Billion by 2023 with 9% of CAGR

HR Payroll Software Market

HR Payroll Software Market By Application (Payroll, Benefits, Tax filings, Employees records), By User (Large, Medium, Small size organizations) – Forecast 2023

PUNE, MAHARASHTRA, INDIA, June 5, 2017 / — Market Highlights
The study reveals that HR Payroll software is trending in North America region. The HR Payroll Software Market is driven by the innovation and advancements in Payroll software to make more advanced and cost-effective systems. A recent trend in smart technologies is boosting the HR Payroll software market.

The study indicates that the increasing HR policies along with the benefits of the employees are tracked and analyzed by the organization is a key driver for HR Payroll software market. The study indicates a trend of high adoption of HR Payroll software boosting the payroll software system market. The study reveals that the high adoption of the payroll software by the companies for keeping the records of each action, their benefits and all kind information related to industry in the in the organization.

The HR Payroll software market is growing rapidly over ~ 9% of CAGR and is expected to reach at USD ~$8 billion by the end of forecast period.

HR Payroll Software Market Players:
• Kronos (U.S.)
• Sage (U.S.)
• Ascentis (California)
• Oracle
• Intruit
• Pay Focus (U.S.)
• BambooHR (U.S.)
• Namely (U.S.)
• UltiPro(U.S.)
• Vibe HCM (U.S.)
• Patriot Payroll (U.S.)
• Epicore

Request a Sample Report @

HR Payroll Software Market Segmentation
The HR Payroll Software Market has been segmented on the basis of type, end-user and region. Looking through the end-user segment it has been observed that large and medium scale industry has shown a substantially a good amount of usage of the HR Payroll software market. The study indicates that the small-scale industry would also show a positive growth in the HR Payroll software market.

Market Research Analysis:
On geographic basis, HR Payroll software market is studied in different regions as North America, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading in the HR Payroll software market and is expected to grow with a high rate as well as hold the largest market share in the HR Payroll software market. In the North America region, there has been a major focus onto the employees and organization growth and development. Many technological advancements in Payroll software and high adoption of HR Payroll software is observed in the Europe region. The study shows that developing economies in Asia Pacific region like China, Japan, India and others has a significant interest and adaptation of HR Payroll software market.

Access Report Details @

Intended Audience
– Software investors
– Compensation and benefits software
– HR management software
– Talent management software
– Learning management software
– Workforce management software
– Recruiting software
– Security Management Service Provider
– Security Equipment Providers
– Security Agencies
– System Integrators

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Akash Anand
Market Research Future
+1 646 845 9312
email us here

Source: EIN Presswire

RE/MAX TITANIUM Recognized as a ‘’#1 Fundraising Single Office’’ by Children’s Hospital Los Angeles

rudy lira kusuma

rudy lira kusuma Home selling team at children hospital los angeles

RE/MAX TITANIUM has been awarded the honor of being ''#1 Single Office'' in its total contributions by the Children's Hospital Los Angeles.

Your dedication to "Work That Matters" and doing that work with excellence while maintaining love for each other inspires me every day. Team, we have built something very rare together.”

— Rudy L Kusuma

LOS ANGELES, CA, USA, June 4, 2017 / — Los Angeles CA¬¬- May 2017 – The Children’s Hospital Los Angeles has ranked RE/MAX TITANIUM as the ‘’#1 Single Office’’ for highest overall contributions within Los Angeles Region in the year of 2016-17. This is the first year that RE/MAX TITANIUM has been recognized for their consistent contributions of donating part of their personal income to the children in CHLA hoping to participate in hopes for gifting them a healthy future.

Rudy L. Kusuma Home Selling Team is composed of well over 39 licensed real estate agents and director of hospitalities and first impression, all invested to help in the process of home buying or selling. This well-respected group of professionals has extensive experience in guaranteeing the sale of homes for troubled home sellers/buyers with ease along the San Gabriel Valley.

“Each member of RE/MAX TITANIUM has worked diligently to achieve this high honor recognized by the Children’s Hospital Los Angeles,” said Rudy L. Kusuma, Broker/Owner of the RE/MAX Titanium. “Ranking #1 in the Los Angeles region for total donations of a single office is a tremendous accomplishment. We’re extremely proud to be part of the Children’s Miracle Network Hospitals 2016 campaign and look forward to additional growth in the rest of 2017.”

Among RE/MAX TITANIUM’s list of achievements, they have earned the award of being the #1 team in the San Gabriel Valley and Top 8 Team in California. To learn more about RE/MAX TITANIUM, visit or call (626) 789-0159.

# # #

RE/MAX TITANIUM is a locally owned and operated full-service real estate brokerage located in Rosemead, CA. Founded in 2011, the brokerage has 39 Realtors who specializes in residential real estate. RE/MAX TITANIUM is a proud supporter of Children’s Miracle Network Hospitals®, Susan G. Komen®, and other charities, and is located at 8932 Mission Dr Suite 102, Rosemead, CA 91770. To learn more, please visit

Rudy Lira Kusuma, Team Leader

email us here

Your Referrals Help the Children…

Source: EIN Presswire

FICO Highest Achiever Corrects Los Angeles Times Credit 'Misconception' as Reported by NerdWallet

Howe obtains perfect FICO scores at Equifax, Experian, and TransUnion

Howe obtains perfect Vantage Scores at Equifax, Experian, and TransUnion

FICO Pro Global Credit Czar and Child Protector David Howe of SubscriberWise

Global Credit Czar and Child Protector David Howe


Harris Poll and NerdWallet survey mistaken about the impact of carrying a small balance on a credit card but otherwise delivers accurate information, Howe says

Scoring is all about predictive analytics derived from math and science. It’s nothing to do with conspiracy except when those who don’t understand the technology attempt to explain it.”

— FICO worldwide highest achiever and SubscriberWise founder David Howe

LOS ANGELES, CA, USA, June 3, 2017 / — SubscriberWise, the largest issuing CRA for the communications industry and the nation’s leading advocate for children victimized by identity fraud, announced today clarification and correction of national news stories recently published by the Los Angeles Times, NBC News, and Bloomberg. The correction involves a credit 'misconception' reported by the news organizations which has the potential to misinform consumers without further and substantial clarification.

According to Los Angeles Times story “Many Americans are unaware of the costs of bad credit, survey shows” (, the statement “About 40% think carrying a small balance on credit cards helps a person’s scores” was reported as a common misunderstanding. In fact, carrying a small revolving balance – without necessarily paying interest – does help consumer credit scores. Moreover, it's impossible to obtain the maximum 850 FICO score without having at least one revolving (credit card) account with a favorable utilization (small balance), among other 'Fair Isaac Leaves', reported on a consumer report at the moment a score is generated.

Regrettably, similar information was presented in an NBC News story, with the following specific misinformation: “More than two in five (41 percent) mistakenly believed that carrying a small balance on a credit card month to month could help improve a person's credit scores” (

“Unfortunately, the claim that there is no advantage to carrying a balance over to the next month is oversimplified as reported,” said David Howe, SubscriberWise founder and FICO Certified Pro. “Worse, among the most common scoring scenarios, including the industry-dominant FICO Score 8 model, it’s an entirely inaccurate statement.

“The statement as presented is one that must be carefully clarified so that readers understand more precisely how the dominant scoring models, namely different FICO models used by the vast majority of banks and credit organizations to make underwriting decisions, calculate points based on recent activity from different types of accounts.

“First, assuming the credit terms provide the option to avoid interest charges, it’s certainly true that it’s not necessary to pay interest on revolving balances,” Howe continued. “However, it’s a fact that having at least one account with a balance – along with a favorable utilization ratio – that is also reported to the credit repositories, is necessary to maximize – or increase – the number of points, at least during the moment the calculation of a FICO score (FICO Score 8 and FICO Score 9) is involved and when the scorecard selected is among the non-derogatory scorecards.

Related: Maximizing a FICO Score: FICO Professional and SubscriberWise CEO Encourages Consumers to Maintain a Low Credit Card or Revolving Balance to Maximize their Credit Scores:

“In other words, if a balance is paid-in-full after a statement is generated – regardless of whether interest is paid – and this same balance gets reported or ‘carried over’ to the credit repositories, this will result in an increase to the score. Of course this does assume that the utilization ratio is favorable and the account is paid-as-agreed, among other positive factors and non-adverse data contained on the consumer report.

“That’s another way of saying that ‘carrying a balance’ can absolutely be good for one’s score.

“And better than carrying just one balance, whenever possible consumers should strive for one installment balance and one revolving balance to further maximize points. This advice is especially germane when consumers are seeking major credit purchases like a home or car,” Howe emphasized.

Related: FICO Max Scorecard: One Installment and One Revolving Account with Low Utilization, GOAT Howe Says:

“To further clarify this information about balances reported and the impact on scores, let’s stipulate that the amount indicated on the most recent statement is the amount that is typically reported to the credit bureaus (Equifax, Experian, and TransUnion). According to FICO, and common sense by the way, the amount that’s reported, also known as utilization, is a highly predictive factor in the calculation of a credit score. A credit report that includes a revolving balance with favorable utilization (credit-to-debt ratio) is a positive factor and will increase points, again assuming the account is paid-as-agreed

“On the other hand, for example, if the balance happened to be paid-in-full before the statement balance gets reported to the repository, then the very likely possibility of having a zero-balance updated as such on the consumer report – without any other revolving balances reported – will result in a loss of points.

“Ironically – and as counter-intuitive as it may seem to the untrained individual – a credit report without any liabilities (debt) can generate a lower credit score than the same report with obligations owing,” confirmed Howe. “Even substantial amounts owing when involving installment tradelines such as a mortgage.

“And for the record, I previously reported this information, with substantial evidence to prove it, to Matthew Frankel of the Motley Fool (

“In fact, anyone needing proof that the statement from the NBC News story — ‘More than two in five (41 percent) mistakenly believed that carrying a small balance on a credit card month to month could help improve a person's credit scores’ — is categorically inaccurate as stated can refer directly to the following FICO score reason factor:

· Lack of recent bank revolving information

(Your FICO score evaluates your mix of credit products, and your credit report shows no open revolving accounts or sufficient recent information about your revolving accounts. People who demonstrate responsible use of different types of credit are generally less risky to lenders. Actions You Can Take: If you already have a revolving account, you might want to show new activity by using it and paying it back on time. If you don't have a revolving account, consider opening one. However, be aware that a new account opening, and to a lesser extent, the credit inquiry associated with applying for a new card may lower your FICO® Score in the short term. – source FICO)

“Second, it’s also necessary to make distinctions between installment and revolving accounts because the dominant FICO scoring models most certainly do. From the standpoint of rank-order technology (i.e. 300 to 850 score ranges), in order to obtain the maximum possible points, the credit report must contain at least one revolving account (i.e. credit card) and one installment loan (i.e. mortgage) with a favorable utilization ratio (< 6 percent is ideal but ‘experts’ site up to 30 percent) at the time the score is calculated.

“Of course, it doesn’t mean that the absence of one or both of these types of accounts with balances reported will result in a score that’s no longer prime or super-prime. Most likely, this is the experience that Liz Weston is referring in the Bloomberg article ( But it absolutely means that a consumer cannot reach the maximum score without both, for instance with the FICO Score 8 and FICO Score 9.

“Again, directly from FICO and flowing from federal regulations, the following are common score-reason factors that translate into a loss of points:

· No recent non-mortgage balance information

· Lack of recent installment loan information

· Lack of recent bank revolving information

· No recent revolving balances

“Although hardly equal to the loss of points that other factors like ‘serious delinquency’ or ‘public records or collections’ will have on a score, each indicated nevertheless means fewer points,” stressed Howe.

“And when one or more of these factors impact a FICO score sufficiently, federal laws mandate that consumers must be provided this information when credit is denied or terms are less favorable, generally speaking. The factors also must be listed from the most impactful to the least.

“So, to report that there’s ‘no advantage’ to carrying a balance over to the next month’ is categorically not accurate in many scoring scenarios and careful clarification is clearly indicated,” Howe reiterated.

“To be more precise, this same scoring reality is particularly true for a consumer who may be on the very last payment of the only installment loan booked on a credit report, or for a consumer who is planning to pay the full balance early,” Howe stated.

“Yes, a credit report that has no installment loan with a balance, along with nothing adverse reported on the consumer report, for example only one revolving account with a balance, will result in a loss of points at the time the credit score is calculated.

“Why? Because rank-order technology, in conjunction with empirically derived statistical calculations of millions of consumer credit files, demonstrates that consumers who actively and responsibly manage revolving and installment accounts are more reliable from those who don’t.

“How much the actual impact will be in terms of points is not known and will obviously vary based on a myriad of factors,” Howe added.

“Does this mean that a credit score will not continue to be prime or super-prime based on this scenario. Of course, it doesn’t. But it is a fact that points will be deducted among many scorecard scenarios. Perhaps not every scenario, but many for sure.

“Scoring is all about predictive analytics derived from math and science. It’s nothing to do with conspiracy except when those who don’t understand the technology attempt to explain it,” Howe insisted.

“Indeed, this entire topic deserves a complex and multifaceted answer. And that’s because credit scores are calculated by sophisticated algorithms that leverage a number of unique scorecards – derogatory and non-derogatory – along with a myriad of multi-dimensional factors,” explained Howe. “It’s also the result of industry specific models that weigh factors differently.

“FICO has a number of industry models in addition to the general-purpose models. There are also older versions that continue to be used today.

“I believe this may be part of the explanation for the misinformation in the news articles.

“Yes, it’s easy to oversimplify information about credit scoring, particularly predictive factors that often involve counter-intuitive reasoning from a human’s perspective,” Howe acknowledged. “That’s what happened to these otherwise generally accurate and helpful articles, at least from my professional perspective. For example, while it’s a hard-and-fast rule that soft inquiries do not impact the calculation of a credit score, the same cannot be said about the precise impact a single ‘hard’ or ‘voluntary’ inquiry may have on the calculation of a credit score.

“Scorecards, to be sure, are the primary reason the majority of consumers – even the self-proclaimed experts – remain confused about scoring in general, but by the granular details in particular,” Howe said. “Industry-specific models are also a reason confusion and misinformation persists.

Related: Fair Isaac's 'Leaves': Predictive Characteristics from the Personal Credit Report of The World's Highest Performing FICO Achiever and the founder of SubscriberWise:

“Finally, regarding the reason factors of ‘no recent…’ and ‘lack of recent…’, consumers should understand that – in the world of industry-leading FICO scoring – as soon as one minute or even one second later, this can be decoded as ‘not recent’.

“To expand this point, if a creditor reports a revolving tradeline as paid-in-full and the national repository gets the updated zero balance at 12:00 pm and then a creditor requests a score at 12:01 pm, the reason factor of ‘no recent bank revolving information’ will apply if the report also includes no other revolving accounts with balances.

“The point of this explanation is obvious from the human standpoint,” concluded Howe. “It doesn’t correspond with the general understanding that humans have for ‘recent’. It certainly doesn’t correspond with the dictionary definition: having happened, begun, or been done not long ago or not long before; belonging to a past period of time comparatively close to the present.

About SubscriberWise

SubscriberWise® launched as the first issuing consumer reporting agency exclusively for the cable industry in 2006. The company filed extensive documentation and end-user agreements to access TransUnion’s consumer database. In 2009, SubscriberWise and TransUnion announced a joint marketing agreement for the benefit of America’s cable operators. Today SubscriberWise is a risk management preferred-solutions provider for the National Cable Television Cooperative.

SubscriberWise was founded by David Howe, who is a consultant and credit manager for MCTV, where he has remained employed for two decades. At MCTV, Howe manages the bad debt and equipment losses on annual sales in excess of $60 million. His interest in credit began in 1986 as a 17-year-old student in high school.

Today, Howe is the highest FICO and Vantage Achiever in global banking and financial history.

SubscriberWise is a U.S.A. federally registered trademark of the SubscriberWise Limited Liability Co.

Media Relations
330-880-4848 x137
email us here

Source: EIN Presswire

Streebo to showcase its smart Employee Engagement solutions at IBM HR Summit 2017

Streebo Inc., an IBM Gold Business Partner as a proud Silver Sponsor at the upcoming IBM HR Summit 2017 conference to be held in London on the June 14th, 2017.

HOUSTON, TEXAS, UNITED STATES, June 3, 2017 / — The coveted HR Summit 2017 brings together senior HR practitioners from some of the largest organizations from Europe to share their stories, an opportunity to network with over 400 HR professionals and to hear, how they are revolutionizing their HR practices and functions with technology solutions powered by IBM Watson. To learn more about this conference, click here

Graeme Povall, Director- Business Development (Europe, Middle East & Africa) & Customer Success Programs at Streebo would be showcasing their revolutionary employee engagement app, a comprehensive employee collaboration and communication solution to empower, engage and drive office workers and field workers to greater productivity. With work schedulers, pay slips, expense manager, leave management, forums, employee directories and more, Streebo’s employee engagement app is a one-stop solution, today’s enterprises need to empower their employees.

Stop by Booth C at the 155 Bishopsgate, Liverpool St, London, EC2M 3YD to see the app in action!!

Read more:

Nilesh Talaviya
Streebo Inc
(206) 619 2252
email us here

Source: EIN Presswire

Sunny Days In-Home Care Partners with Franchise Dynamics

Sunny Days In-Home Care

Franchise Dynamics

Pittsburgh-based in-home care provider advances franchise development with the world’s largest full-service franchise sales outsourcing firm

Our partnership with Franchise Dynamics opens the door to large-scale growth for the Sunny Days brand and is a game-changer when it comes to our franchise development and sales.”

— David Ellenwood, founder and CEO of Sunny Days In-Home Care

PITTSBURGH, PENNSYLVANIA, UNITED STATES, June 2, 2017 / — Sunny Days In-Home Care, the Pennsylvania-based leader in the senior care industry, recently announced its partnership with Franchise Dynamics, the world’s largest full-service franchise sales outsourcing firm, responsible for millions of dollars of franchise sales across various categories and investment levels. The partnership represents the strategic advancement of the Sunny Days In-Home Care franchise program.

With this partnership, Sunny Days In-Home Care also taps into the licensed use of FranConnect, a proven franchise management software tool with access to more than 600 brands and 110,000 franchisees, including multi-unit operators and area developers. Today, Franchise Dynamics is FranConnect’s largest user based on number of concepts within their platform.

“Our partnership with Franchise Dynamics opens the door to large-scale growth for the Sunny Days brand and is a game-changer when it comes to our franchise development and sales,” said David Ellenwood, founder and CEO of Sunny Days In-Home Care. “Franchise Dynamics has consistently demonstrated their prowess in the franchise industry, and we’re looking forward to a long and fruitful relationship.”

With an experienced franchise development team that has nurtured and grown multiple locations, Sunny Days In-Home Care is committed to providing in-home care services to seniors and others in need across the country in collaboration with motivated owner-operators who are looking to do good in their local areas.

For more information about the Sunny Days In-Home Care franchise opportunity, visit

About Sunny Days In-Home Care
Sunny Days In-Home Care is a leading provider of non-medical, in-home personal care services for seniors and disabled adults. Founded in 2011, the Pittsburgh-based franchise company is focused on providing high-quality assistance to those who aren’t able to care for themselves so that they can continue to live a dignified and independent life. Sunny Days In-Home Care goes beyond providing traditional caregiving services, offering clients companionship, travel assistance, and homemaker services. The company’s diverse set of clients includes seniors, veterans, people with disabilities, those who need respite care, people recovering or rehabilitating, and those suffering from Alzheimer’s or dementia.

For more information about Sunny Days In-Home Care, visit or call (724) 260-5186.

About Franchise Dynamics, LLC
Franchise Dynamics, founded in 2006, is the world’s largest full-service franchise sales outsourcing firm. Franchise Dynamics provides world-class franchise sales consulting and full-service franchise development. Franchise Dynamics’ team has been responsible for millions of dollars of franchise sales across various categories and investment levels.

For more information about Franchise Dynamics, visit or call (708) 798-1800.

Amy Kent
TopFire Media
(708) 249-1090
email us here

Source: EIN Presswire