Borrowing money is a hassle for some customers. Many banks do not lend money to customers who lack a strong credit history. GreenSky is a growing bank that is based online. Customers can quickly borrow money and pay bills through the online banking portal.
With rising interest rates, it is critical for customers to work with a bank that has their best interests in mind. Many consumers do not realize the implication of higher interest rates on the cost of borrowing. A small increase in the interest rate on a mortgage can mean thousands more in interest payments over time.
The team at GreenSky is dedicated to providing excellent customer service. Instead of getting sold on different borrowing options, customers can research loans that meet their financial needs.
Buying a home is one of the most important financial decisions a person will ever make. Few people think about the financial implications of a mortgage until it is too late. The customer service team at GreenSky spends hours with each customer to make sure all of the loan details are understood. Customers can also ask questions online at any time of day.
There are various mortgage options for clients to choose from. A more extended loan period means a smaller monthly payment. However, customers will pay more interest over time when the loan period is extended. A banking representative can explain all of the implications of each mortgage choice.
Some consumers enjoy managing all of their bill payments in one place. GreenSky makes budgeting easier than most conventional banks. There are also personal finance experts who can help customers with different questions about paying down debt. Most customers experience a positive impact on their finances after switching to GreenSky. Anyone who wants to work with a company that genuinely values clients should consider working with this bank.
Blockchain will connect the world’s money in a few short decades. Jed McCaleb envisions such a future. Regardless of the toxic validity of bitcoin, McCaleb works toward a blockchain world.
McCaleb’s current project, Stellar, is an infrastructure to connect world financial systems. The Stellar network goal, process world monetary transactions in seconds for pennies per transaction.
Jed McCaleb’s significant prediction, all non-crypto assets will be using the blockchain technology in the next ten years. Jed would not be surprised if all equities were not tokenized on some blockchain, decentralized networks need to be in place, McCaleb believes. Blockchain start-ups are challenging traditional financial markets. Companies are working on ways to purchase equities by bitcoin.
Jed McCaleb has been at the launch of several coin offerings. The XRP coin is now third largest by market cap. Stellar’s Lumens or XLM coins are the tenth largest crypto on the market.
According to the Global Coin Report, fundraising by Initial coin offerings are testing long-established markets. Individual investors do not have to sit on the sidelines, compared to traditional initial public offerings. Speculators only need buy the coin associated with the offering. Fraud has also made a move to crypto, regulators have begun to take notice of the fraudulent conduct.
Some of the largest financial institutions in the world are starting to see the immense potential of blockchain technology. Jamie Dimon, Chairman of JP Morgan Chase and other world leaders, have established their blockchain networks. IBM is using the Stellar network to establish a cross-border payment structure. World financial leadership envision transactions verified in hours rather than weeks.
Blockchain technology is cutting out the middleman. View Jed’s work history here.
One thing you would realize with the Stellar in the blockchain industry is that it has had a winding and long way. Jed McCaleb is the co-founder of the Stellar. McCaleb has already established some other blockchain projects even as the technology remains in infancy. What McCaleb has been doing is trying to build Stellar to attain the industrial standards he intended it to attain in terms of cross-border payments and remittances. Whenever McCaleb has a mission, he remains steadfast in it. McCaleb believes that his previous experience and previous work will help him achieve the success he wants to see in the Stellar project.
It was an online tech site known as Slashdot that introduced McCaleb to Bitcoin in 2010. He read the article and saw an investment opportunity he needed to pursue. The article was linked to a famous forum called Bitcointalk and the Bitcoin whitepaper. He developed the desire to invest in this industry from the start and he found it amazing even before he had implemented the idea. McCaleb says that he had thought of getting into this business but he was afraid that money would not be centrally controlled. He only came to realize that it was possible to come up with a centralized system of controlling the money.
He says that he didn’t find this technique beneficial to him alone but also to the whole technology. One thing McCaleb had to do is built a centralized exchange system for Bitcoin trading. He named the centralized exchange he built Mt. Gox. Although there were other exchanges at the time, he still thought that he could come up with the best. Before it was long, the Mt. Gox he had come up with had taken over more than 80 percent of the cryptocurrency exchange trading. Jed McCaleb is a young person who is competent in programming technological proportions. He started his successful journey towards this innovation in 2000 when he developed eDonkey. All the technological talents he had are the same he brought to Bitcoin. McCaleb has been able to expand Stellar using his business-technology intellect. He believes that people trading Bitcoin would have easier payments using Stellar.
Glen Wakeman is a money and finance expert with the ideal background and experience to prepare entrepreneurs for the early stages of their startup journey. Between working for corporations and his global leadership skills and experience, Mr. Wakeman has the ability to work with and mentor people in any industry from anywhere in the world.
The Early Days
The early days consisted of a top education and a promising start to a bright future (http://www.glenwakeman.com/about-glen-wakeman/). Glen Wakeman completed his undergraduate degree in economics and finance from the University of Scranton. He later completed his MBA from the University of Chicago whilst working his way up the corporate ladder at GE Capital. His 20-year career at GE led to his final position with the company as the CEO of Latin America.
Advanced Business Experience
Upon completion of his tenure at GE, Glen Wakeman accepted the position of President and CEO at a financial forporation. He also became a Board of Directors member to manage a bank holding company that traded billions of dollars. Now, Glen Wakeman works in an advisory capacity for Nova Four and is the CEO and Co-Founder of LaunchPad Holdings, LLC. He started both of these roles in 2015.
Above and Beyond
In addition to his business contributions, Glen Wakeman goes above and beyond to share his wealth of knowledge with others. He has become a mentor for many C-level executives. He writes as an expert on a number of subjects such as emerging markets, raising capital, business transformation, fiscal matters, global affairs, risk management and much more. He also invests in disruptive startups that are changing industries.
Glen Wakeman has lived in many different countries and worked in the financial world for over 30 years. His latest venture, LaunchPad Holdings, is helping startups through the offering of software that provides assistance with business planning online.