Category Archives: Money

Money

Exciting office expansion planned for Payday Express

Provider of payday loans online, Payday Express, has announced plans to expand its current office space, in line with plans to grow the business with the arrival of 17 new starters in February.

The payday loan company moved to its current location from smaller premises in April 2011, choosing offices that had the potential for expansion in 2012. With all teams within the business now at full capacity – due to significant and rapid business growth – work has begun on preparing the additional office space for the relocation of the collections department by the middle of this month (February).

The relocation of this department will mean not only that it has room for further expansion, but also that the contact centre and business development teams have room to grow into previously shared office space.

Another team set to expand in 2012 is the analytics team, which recently held a graduate recruitment day and has plans to hold future events to find even more talented individuals.

Operations manager at Payday Express, Sarah Carroll, said: “Increasing office space is a positive sign that the company is growing, and that more opportunities will open up for new staff to join us and for existing staff to continue developing their careers.”

Payday Express has also announced that there is scope to take on more space in the building they currently occupy, which will enable further expansion later on in the year.

Marcus Tibbals, contact centre team leader, said: “It’s very exciting to work for such a fast paced and high growth business.”

The company, which offers payday loan applications online, plans to hold regular recruitment days as soon as the new office space is ready.

Via EPR Network
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De Vere Group cuts costs and enhances customer service with online payment solution from SecureTrading

De Vere Group, operator of hotels, conference & training venues, golf clubs, luxury lodges and many other facilities across the UK, has implemented a solution from SecureTrading, the UK’s leading independent payment processor, to enable fast and secure online card payment services across its booking engines and websites.

Since the implementation, customers can now complete bookings faster and easier than before, enhancing the overall customer experience. De Vere Group staff no longer have to manually download bookings, take the payments or encrypt the credit card numbers, as this process is now automated via the SecureTrading solution – a benefit that has drastically reduced administration costs. Another plus is that customer payments also reach De Vere Group’s bank accounts quicker.

Joanne Stanford, Group IT Director at De Vere Group, comments: “We were looking to introduce an online payments system and wanted a partner that could work well with our web agency in terms of build as well as providing full PCI compliance and 3-D Secure validation. Having worked with SecureTrading on other projects for three years and recognised its customer-centric approach, we quickly realised it was the perfect partner. SecureTrading has provided an excellent level of service throughout the process, from the initial account set-up to the launch, and the support team is among the best I have ever worked with”.

De Vere Group’s partnership with SecureTrading first started three years ago with the launch of ‘Instant Meetings’, an online booking tool with which De Vere Group customers can arrange day meetings. The relationship was extended via the creation of De Vere Club – the fastest growing golf membership in the UK – which enables members to sign-up and manage their account online, including initial payments. Now, the online payments solution for bedroom bookings offers further capabilities and serves to further enhance the relationship.

Tim Allitt, Head of Sales and Marketing at SecureTrading, comments: “De Vere Group is continuously improving and expanding its online booking processes, and with online bookings for events, Golf Tee-Times, dining and lodges all due for launch shortly, SecureTrading will guarantee successful operations by providing payment solutions that enable fast and secure payment at all times”.

Via EPR Network
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As The Credit Card Industry Suffers Revenue Losses, Consumers In Need Of a New Line of Credit Option

Overall, the credit card industry earned almost 6% less revenue in 2011 than during the previous year, in large part due to a decrease in the use of credit cards by shoppers and, as a result, less revolving credit that can be subjected to interest charges and fees. While come consumers have made a conscious effort to wean themselves off of spending on credit cards in an attempt to get a handle on their personal debt, others were forced into a credit card-free lifestyle during and after the Great Recession when many card issuers terminated the accounts of risky borrowers. Recent years have seen many lenders competing fiercely amongst themselves in order to pursue only the most creditworthy individuals.

Now with the nation’s economic situation slowly but steadily improving, credit card issuers are feeling more comfortable about relaxing their underwriting standards. This, combined with their acute need to acquire new cardholders in order to shore up some of their revenue losses of late, means that many lenders will looking beyond those with good and excellent credit scores in 2012. This opens up a whole slew of opportunities for people with less-than-perfect credit histories as they can reasonably expect lenders to increase their offering of credit cards for fair credit.

Consumers should beware of rising interest rates on borrowing as credit card issuers flounder to recoup some of their loss of earnings. In fact, experts have reported that going in to the New Year, the average interest rate on consumer credit cards is 15.14%, higher than the 14.75% APR that was the national average just six months ago. One option for consumers to find temporary reprieve from high interest rates is to look into 0 balance transfer credit cards which, when used wisely, can be an invaluable tool when it comes to handling debt.

Credit card companies are going to have to come up with some hard and fast ways to up their revenue over the coming year, whether they resort to raising interest rates, laying off employees, making more unsecured credit cards for bad credit available, some combination of the above or employing another technique altogether.

Via EPR Network
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Payday Express sets up contact centre support team to improve customer service

Payday Express, UK provider of cash advance loans, has restructured its workforce with the aim of dedicating further resources to customer care and support services.

This week, the payday loan company set up a new contact centre support department to take on administration duties previously performed by the customer services team, with a view to freeing up valuable time for advisers to be on hand to answer customer calls with increased efficiency.

Administrator positions within the newly formed team were offered internally and five experienced contact centre agents moved into the new department, with one external recruit completing the new team. Experienced contact centre team leader, Alison Eller, moved across to become a support team leader.

“I’m looking forward to heading up the support team. They are people with very strong administration skills, who will help make the various contact centre functions more efficient,” said Alison.

The contact centre support team will be focusing on answering customer emails as quickly as possible, as well as carrying out all administration functions within the contact centre department. Agents in the contact centre can now focus on their core competencies and offer the best possible service in response to information and queries on payday loans.

“Payday Express is continually focused on having the right people in the right roles to optimise the service offered to our customers,” said contact centre manager Carl Mountain.

“Setting up a new administration department enables employees whose strengths lie in this area to specialise in this, and for us to bring in new talent, while also building up the contact centre teams with employees that have strong customer service skills,” he added.

The latest re-organisation of the business follows the decision made in October 2011 to create a business development department to improve the customer journey through the applications process.

Via EPR Network
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UC Group moves online security to a new level with acquisition of information security specialists, Cognosec GmbH

UC Group has acquired Cognosec GmbH in a bid to extend its global information security services for the online business community. UC Group and Cognosec GmbH will jointly focus on assisting businesses to trade more securely, by providing integrated security, risk management and payment services, in response to the growing number and sophistication of cybercrimes.

Cognosec GmbH will become part of UC Group’s payment business, reporting to the SecureTrading Group. SecureTrading and Cognosec GmbH together will help merchants to secure the whole payment processing value chain – data, devices and networks – as cybercrime threats become more complex and harder to manage using existing safeguards. Critically, the two companies will also help online retailers and operators to meet their PCI DSS obligations as compliance becomes increasingly complex and expensive.

UC Group is a trusted advisor to US, UK, Asia Pacific and EU lawmakers and regulators and has extensively led the call for improved consumer and business protection to identify and minimise the growing risks to online businesses. In Europe alone, cyber-attacks are growing by 60 per cent a year, while 85 per cent of credit card record thefts are stolen by means of organised crime. The US currently accounts for 47 per cent of the global credit and debit card fraud, while generating only 27 per cent of the global total volume of purchases and cash, according to a recent Nilson Report.

The Cognosec GmbH acquisition enables UC Group to combat payment processing value chain and information security risks through the assessment and application of appropriate security for businesses in any part of the globe.

Oliver Eckel, CEO at Cognosec GmbH, says, “There are strong mutual benefits to both UC Group and Cognosec GmbH; through our specialisms in assurance, governance, enterprise risk and information security management, coupled with UC Group’s understanding of the online market and selected exclusive worldwide partnerships, we will be able to further extend our global reach. As more and more business goes online, the volume and type of threats to security are growing; we have the skills and track record to ensure that key business assets are safeguarded, whilst ensuring that businesses can trade uninterrupted. And with the advent of mobile business, our clients will be looking for even greater support, which we are better placed to offer as part of UC Group.”

Kobus Paulsen, CEO of UC Group, says, “UC Group leads the way in improving the quality and efficiency of internet business for online product and service providers. Recently UC Group has spearheaded the drive to regulate online gaming in Spain and the US to apply appropriate controls and safeguards for improved consumer protection. The acquisition of Cognosec GmbH strengthens our core proposition: to offer our clients safe and secure e-solutions for global trading.”

Via EPR Network
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Still safe as houses

Leading property investment company reveals why investors should remain confident about putting their money into property.

Grim predictions for the UK economy in 2012 have left many people wondering where to turn to get the best possible return on their money.

But according to Greater Manchester-based property and investment specialists Assetz plc, high demand for rental property across the country’s major cities shows that there are still exciting opportunities to secure strong returns from property investment for buy-to-let.

Assetz CEO Stuart Law says that leading banks’ continuing tightening of their mortgage lending criteria for first-time buyers, and an unwillingness by homeowners to sell in a fragile market, point to a solid outlook for buy-to-let investors who can get the right financing package in place to take advantage of the right houses for sale UK.

“The shortage of apartments in cities such as Manchester and Liverpool is resulting in significant competition between tenants, and driving up rental values,” Law said.

“Banks refuse to fund much-needed development which is worsening the undersupply situation, and with no measurable levels of new-build properties completing in the foreseeable future, tenants are going to find themselves increasingly squeezed out of core areas.”

That view is echoed by Matthew Smith from Manchester estate agent Thornley Groves, who said: “There is an overwhelming demand for rental properties in Manchester city centre, which has driven rents up by as much as 20 per cent over the last year.”

He added that, last autumn, as many as 20 tenants had been chasing every available property in the city. “This has resulted in competition becoming extremely fierce,” he said, “with tenants often reserving properties without viewing to avoid missing out.”

Student investment properties always make solid investments in major cities, Stuart Law added, and because so few other properties are currently being built, those which become available are expected to remain in high demand for many years to come.

Find out how easy it can be for you to put in place a solid foundation for your own future by investing in in-demand UK properties by contacting Assetz today, at www.assetz.co.uk, or by calling 0845 400 9000.

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Lefroy Hudson Forms Team for Institutional Client Services and Sales

Lefroy Hudson today announced the formation of a team dedicated to institutional client services and sales. Lefroy Hudson has recruited this team for the initial part of the expansion: Michael Huff, most recently the Executive Director and Analyst in charge of the Research sector of Lefroy Hudson; Violet Yao Chia, currently the Executive Director of Sales at Lefroy Hudson; Colin Johnston who was most recently a Management Director with one of Singapore most successful advisory; and Karl Erikson who joined Lefroy Hudson 16 months ago to consolidate the company’s presence in the market landscape. He is responsible for rounding out the team as well.

“Michael Huff has established himself as one of the market’s top analysts, and Lefroy Hudson is committed to affording him an environment to oversee his sector independently, objectively, and without conflict,” said Robert Milberg, Lefroy Hudson’s co-founder and CEO. “Violet and Colin have extensive experience of markets from both ends of the spectrum, and bring to us a degree of excitement, the proposition of them joining Lferoy Hudson to apply their skill sets and trade acumen to generate doable, feasible ideas, identify movers and shakers and provide top-notch service to their customers. Michael is already integrated in Lefroy Hudson’s culture of peerless customer service, and dedication to excellence.”

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Lefroy Hudson Forecast Crude Oil Price 2012

Lefroy Hudson revised higher its forecast for U.S. crude oil prices by $3 to $104 a barrel, citing the possibility of strong demand in the northern hemisphere winter, and left its Brent crude forecast unchanged at $116 a barrel.

“Global fundamentals and further monetary easing suggest upward pressure on oil prices. Given tightness in the distillate complex ahead of winter, gasoil-led rallies in crude are equally possible in the event of colder-than-average temperatures,” Lefroy Hudson’s analyst said in a note to their clients.

Brent crude oil prices are forecast to stay well above $100 a barrel, despite widespread expectations of an economic slowdown, a company poll said in late October.

U.S. crude was expected to average $92 a barrel next year and Brent was set to average $106.80 a barrel, the poll showed.

Brent crude was up $1.52 at $109.74 a barrel by 12:42 GMT on Friday after closing down $3.66 in the previous session.

Lefroy Hudson’s forecasts for 2012 implied the WTI-Brent spread would be $12 a barrel, slightly higher than the current level of around $9-$10.

“We believe that the extent of the Brent/WTI spread correction is overdone,” the Lefroy Hudson note said, citing the bullish impact for Brent of limited supplies of light, sweet oil.

lefroy Hudson’s analysts said it expects U.S. crude at around $105 a barrel in the first quarter of next year and $119 a barrel for Brent.

A modest start to the forecast period before oil prices regain strength.

We expect a somewhat weaker oil price trend in the first quarter of 2012. The Euro-area debt turmoil will continue to dampen risk appetite, while an improvement is expected in the supply/demand balance. Libyan oil will gradually return to the market, so other OPEC countries will have to scale back production to balance the market. This will improve OPEC’s reserve capacity.

From the second quarter of 2012 the balance in the oil market is likely to tighten again. Activity in the large oil-consuming countries will again accelerate. Growth in oil demand will again outstrip capacity expansion on the supply side. This will reduce OPEC’s capacity buffer. Tighter market conditions will lift oil prices and this trend is expected to strengthen towards the end of the forecast period. We have cut our oil price forecast to USD 130/barrel in 2012 from USD 135/barrel, but kept our forecast for 2013 unchanged at USD 140/barrel.

The risk of a sharp drop or abrupt upswing in oil prices has increased The risk is still high that we may experience a major downturn in the world economy or we see a new wave political unrest in vital oil producing countries. In our low price scenario we assume that a liquidity crisis and economic turmoil in Europe pushes the world into a new recession. In turn a sharp decline in economic activity will cut global oil demand significantly. Internal conflicts within OPEC hinder the cartel from imposing a coordinated cut in oil production and thereby trigger a drop in oil prices. In our high oil price scenario we assume that the political uprising spreads to Saudi Arabia and a significant share of the country’s oil production is locked in for a long period.

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Lefroy Hudson Announces Timothy Daniels Election to the Company’s Board of Directors

Mr. Daniels served as President and CEO of Beijing Asset Management (BAM) for seven years and is serving as its Chair through this term. In his three decades of service at BAM, he has held numerous offices including Finance Head, Vice President, and President of Market Research. He lived in Europe, Asia and Australia during his extensive career. He has seen memberships with key government councils, most notably in areas of economic stimulus and planning.

Simon Lee Ngieu, President and CEO of Lefroy Hudson, said, “Timothy is a noteworthy and excellent addition to the Board as our pursuit of excellence in all our lines of business within a sustainable landscape continues. His management, planning acumen and economic expertise will be beneficial to the entire Lefroy Hudson family and clients.”

Julian Chaperon, Chairperson of the Board’s Committee on Nominations, said that they are “enchanted to welcome Mr. Daniels to the Board,” and that they “look forward to his contribution to the focus of keeping Lefroy Hudson on the forefront of continued success.”

Mr. Daniels, in his keynote speech, welcomes the opportunity to work with Lefroy Hudson, adding that “he is glad to be part of the winning team,” and that he hopes that his expertise would “be productive and harmonic with the tradition of leadership and excellence Lefroy Hudson.” Furthermore, he said that it is his aim to “keep Lefroy Hudson relevant in the larger business picture in the coming years,” and will “be hard at work to see that goal through fruition.”

Via EPR Network
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Monthly donations from Payday Express support Build Africa projects

Monthly donations from payday loan company Payday Express to development charity Build Africa have helped to set up two Village Saving and Loan Association (VSLA) groups and will help set up six more over the next 12 months.

The partnership began in September 2011, with Payday Express committing to support the charity in the regular set up of new VSLAs.

Build Africa describes VSLAs as self-managed groups that do not receive external capital and provide people with a safe place to save their money, access small loans and contribute to a welfare fund that members can draw on in emergencies.

VSLAs are currently being set up across Uganda and Kenya , with the help of volunteers from Build Africa as well as funds from Payday Express, as part of an ongoing project to give families the opportunity to save and invest their way out of poverty.

The Umoja B Savings Group and Upendo Savings Groups have already been formed with financial help from the emergency payday loans provider and each already has more than 30 active members. Both savings groups meet once a week to discuss the savings accumulated and to agree on how the money can be most wisely invested. For example, a business that is selling soft drinks in a local village can be extremely lucrative when the nearest town or trading centre is more than 3km away, and such a business can be supported and grown with help from a VSLA.

Sarah Carroll, operations manager at no fax payday loan lenders Payday Express, said: “The donations the company regularly provides to Build Africa are helping communities in Africa transform their futures.

“We look forward to receiving regular updates from Build Africa about the savings and loans groups that have been set up as a result of Payday Express donations. It feels really good to work for a company that is determined to help those less fortunate to save and borrow money to improve their lives.”

The Build Africa VSLA projects have already helped more than 30,000 people in more than 1,000 VSLA groups.

Via EPR Network
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Payday Express launches daily industry news portal

Payday loan company Payday Express has launched an industry news portal to give customers the latest daily news on everything from general credit and savings stories, to energy prices and consumer behaviour, spending and saving.

Each day experienced in-house journalists will write and publish interesting and pertinent articles to the Payday Express website, covering topics the company believes are relevant and interesting to customers.

News stories already featured on the Payday Express feed include: “Families urged to place children’s cash gifts into junior ISAs” and “Boost for overseas travellers as banks axe currency fees”.

Of the daily news feed, Liam Hills, an account manager at Payday Express, said: “I really enjoy reading the daily news articles and am sure that customers will find them informative too.”

Payday Express is hoping the daily news will inform customers and provide them with a one-stop-shop for all finance and consumer behaviour news and views, complementing the general information already available on the website.

Sarah Carroll, operations manager at the no fax payday loan lenders said: “We are always aiming to make improvements to the overall service we offer our customers, from the website through to our contact centre.

“This news service gives customers visiting our site the chance to keep up to date with current and pertinent news.”

The emergency payday loans provider is also planning to launch a blog in the New Year, with a view to offering quick and easy money-saving tips and more.

Via EPR Network
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Mobile workforce solution provider ensures its services are on TAAP thanks to SecureTrading

TAAP, which helps organisations in the private, public and not-for-profit sectors save money and improve service through the latest mobile technology has chosen SecureTrading, the UK’s leading independent payment processor, to enable its clients to take payments using mobile devices. The solutions are used by a range of customers including charities such as Shelter to allow credit and debit card payments to be made via smartphones.

TAAP (The Agile Application Platform) is a sophisticated workflow system, which provides mobile workforce solutions and applications to organisations operating ‘in the field’. Using mobile devices pre-loaded with TAAP software, clients can receive, collect and transfer rich data from a PDA, smartphone or tablet to a secure web portal or back-office system in seconds. The systems are also scalable and flexible, making it easy to adapt to the most demanding environments from charities involved in face-to-face to fundraising to automotive clients delivering replacement vehicles and parts.

As with any transaction, data integrity is paramount and the solution’s software doesn’t save any of the credit card details so the transaction is fully secure and PCI compliant.

Angela Walker, Marketing Manager at TAAP, says: “SecureTrading’s products meet our business requirements and by offering an alternative payment method to cash, our clients have the opportunity to generate more income through cards and also improve cash flow as invoices do not need to be chased.”

Tim Allitt, Head of Sales & Marketing at SecureTrading, says, “Providing our clients with the facility to take payments via smartphones and PDAs is part of our ongoing mobile payment strategy. Indeed, the importance of mobile payments will become increasingly clear over the coming months and SecureTrading’s focus is on ensuring our gateway is accessible via whatever technology online retailers, merchants and partners want to employ.”

Via EPR Network
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Anthony Citrolo Elected Executive Vice President & Director of The Long Island Chapter Of The Accountant/Attorney Networking Group Inc. (AANG)

It has been announced today that, Anthony Citrolo, CPA, CVA, CMAA, CBI has been elected as the 2012 Executive Vice President and Director of the Long Island Chapter of the Accountant/Attorneys Networking Group Inc. (AANG)

The Accountant/Attorney Networking Group is comprised solely of practicing accountants and practicing attorneys who service multiple clients. The purpose of the group is to facilitate networking between and among attorneys and accountants – two professions that have enormous synergy and potential for cross referrals. AANG offers 12 monthly networking breakfast meetings exclusively for accountants and attorneys. AANG also hosts two major networking cocktail receptions open to all professionals. The organizations’ web site is www.aangny.org

According to Mr. Citrolo a Managing Partner of M&A firm NYBB/Reliance Strategies, “the AANG creates a great platform for Accountants and Attorneys to meet and share information and ideas that can be used to bring cutting edge financial and legal solution to business owners or entrepreneurs engaged in a business sale or acquisition. Further Mr. Citrolo adds, “since Accountants and Attorneys are key players of the deal team that representbusiness buyers and sellers, the coordination of their efforts can result in lowering the fees incurred in the transaction and giving the deal the best chance of being consummated.”

About NYBB/Reliance

NYBB/Reliance Strategies is a full-service Merger & Acquisition firm in Melville, New York assisting companies with up to $50M in revenue to develop an exit strategy or make a targeted acquisition. In addition to M&A and consulting services, NYBB/Reliance offers valuation services in determining both Business and Transaction Values. Anthony can be reached at 631.390.9650 or anthony@nybbinc.com.

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APT Publish New Whitepaper on Risk Management

The technology firm APT have just published a new whitepaper. The paper discusses the issues associated with analysing risk in multi-asset class investments.

APT work to offer risk management solutions to investors, and have much experience behind them in doing so. They work with many different groups involved in investment, such as private wealth managers, hedge fund managers, brokers and others. They provide them with the kind of quality, evidence-based risk management they need. It is against this background that APT publishes this whitepaper, which looks at how investors working across multiple asset classes can best mitigate their risks. The paper is called ‘Building a Multi-Asset Class Model: the Commodities Example – Correlation is the Key’.

APT’s solution to the specific risks involved in multi-asset class investments is scenario-based risk management. Such products can help investors by offering them a solution based on thorough research, which responds clearly to events, and is flexible, to meet changing needs. APT recognise that markets will always undergo shocks and dislocations, and that this means that good risk management is important. Analysis of how and why these shocks happen helps to contribute to this risk management. This is APT’s approach: real research that looks at real research to help investors manage risks well. When looking at mulit-asset class investment, risk management needs to look at how the different asset classes may correlate, and also how to recognise that the management of risk is only really effective if separated from the attribution of risk.

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Mortgage Network of Ohio Plan to Assist Ohioans Everywhere Find That Perfect Mortage

Unlike banks, the Mortgage Network of Ohio believes that when it comes to finding the perfect mortgage, there is always more than one option. They’d now like to pass this message onto Ohioans everywhere.

The company, one of the State’s leading Mortgage Lenders and mortgage Cincinnati, are currently doing business across the area. So much so that they’ve recently worked hard to improve on what they specialize in, in order to offer an even better service to buyers.

“At The Mortgage Network of Ohio, we believe that our clients should have more than one option on a Mortgage. We will take their application, work every possible scenario, then offer them options of loan programs available to meet their needs. Our objective is to maximize the profitability of the homeowner’s experience by eliminating the hassle of shopping.” – says Jeff Steinacker, president of the Mortgage Network of Ohio.

The company has a long history of helping thousands of families in the Ohio, Kentucky and Indiana region find their perfect home financing option – and have a strict process they adhere to with each application. This expansive service and investment in time ensures that each client finds a financing option that suits their needs, timeline and budget.

“Essentially, our ultimate goal is to help everyone get the keys to their dream home as quickly as possible. We can also assist them with refinancing, debt consolidation, home improvement, home loan Cincinnati, FHA and reverse mortgages” they say.

To find out more about the services that the Mortgage Network of Ohio offer, to speak with one of their experiences and skilled staff and to get yourself on the road to that set of shiny new house keys, please visit them online at:themortgagenet.net/

Via EPR Network
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Pockit announces exclusive 5% cashback at over 70,000 hotels with HotelStayUK

Market leading prepaid MasterCard® provider, Pockit announces exclusive 5% cashback for all Pockit cardholders on hotels and short breaks with HotelStayUK.

Prepaid MasterCard® provider, Pockit has announced a new exclusive cashback for Pockit prepaid cardholders on top of its existing partner offers.

Pockit has teamed up with HotelStayUK, the UK’s only hotel and short break member benefit provider, to provide Pockit cardholders with fantastic discounts on hotels and short breaks across the UK, Europe and worldwide.

HotelStayUK offers guaranteed savings between 10% and 60% off 74,000 hotels across the world. However, Pockit cardholders can also receive an additional 5% cashback off their already discounted rates.

HotelStayUK work with major UK and worldwide hotels, including the finest Hilton, Novotel, Meridien, Marriot, Holiday Inn and Radisson resorts, to provide amazing hotel and short break offers. Whether it’s a room for a night in a vibrant city or a romantic break at a spa hotel over Christmas, they can find the right place, in the right location, at the right price.

Virraj Jatania, joint managing director of Pockit, said: “At Pockit we pride ourselves on offering our prepaid cardholders additional benefits they simply couldn’t find on the High Street.

“We’ve teamed up with HotelStayUK to enable our customers to take advantage of exclusive savings on hotels and short breaks available to Pockit users only.

“This is another fantastic cashback that adds great value to our Pockit prepaid MasterCard®.”

Pockit cardholders have two ways of enjoying massive savings when planning a visit away with HotelStayUK. Cardholders can call HotelStayUK on 08445 007 106 quoting‘pockit’, or view the exclusive Pockit discounts via the HotelStayUK website, using the link provided. Whichever option they choose, they must use their Pockit Prepaid MasterCard® for their booking.

All of Pockit’s partner offers have been exclusively negotiated to provide Pockit MasterCard® holders with maximum savings on retail, insurance, utilities, broadband, travel, optical and dental care and more.

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Payday Loans Company Makes Strides With Recycling Programme

Payday Express has long since recycled paper and toner cartridges and made steps towards having a paperless office, but has now expanded its recycling efforts further with a new general waste recycling program.

Disposing responsibly of waste paper was only the start of Payday Express’s efforts to minimise its carbon footprint, and it has now teamed up with Revolution Recycling, a London-based provider of recycling services for businesses.

This now means that Payday Express and their staff can further reduce the negative impact on the environment by recycling their thin card, plastic, metal cans, and glass, and staff are impressed by how easy it is to be more environmentally responsible.

Administrator Kristina Winch said that the company-wide approach to improving awareness of what could be done was paying dividends.

“We have gone from strength to strength as a company in the way we have changed how our staff are encouraged to think about the environment”, she said.

“This new set-up will help us all play a bigger part in our ongoing efforts to protect the environment.”
And Payday Express, operations manager Sarah Carroll added: “Expanding our recycling policy is part of the company’s ongoing commitment to environmental responsibility.

“Hopefully, now that they can see how easy it is to play their part, staff will take the recycling message home with them and put it into practice there too.”

Via EPR Network
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Confused.com Launches New Points Promotion With Nectar

Confused.com has announced it will unveil a new promotion with Nectar, the UK’s largest loyalty programme. Customers will receive 1,000 Nectar points for every car insurance policy they buy through Confused.com. The promotion is running from 12 December 2011 until 31 March 2012.

Confused.com’s Nectar Points promotion will be supported by a 30 second TV advert and radio advert running from 23 December. The adverts will feature animated logo Cara singing ‘YMCA’, with some unique wording added to highlight the Nectar promotion.

Will Shuckburgh, Nectar Client Development Director, commented: “We’re thrilled to be building on an already successful partnership with Confused.com. This is another fantastic way for our card holders to collect more Nectar points whilst getting a great deal on car insurance. It’s great to be working with a leader such as Confused.com, as we know this is something our savvy Collectors will take advantage of and continue to get excited about.”

Mike Hoban, Marketing Director at Confused.com, said: “Confused.com was the first site to offer price comparison for car insurance, so saving people time and money is at the very heart of our business.The promotion with Nectar offers our customers an added reward when they choose to buy cheaper car insurance with Confused.com.”

The Confused.com advert will be aired from 23 December. Find the latest Confused.com games, videos and more from the Cara Confused page.

Via EPR Network
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TOMEX Launches New and Direct Spread Contract

TOMEX, one of the world’s leading trading companies has recently launched a new direct spread contract that will allow its members to manage the difference between spot contracts. This new contract will give members of Tokyo Mercantile Exchange more options when it comes to trading, which is also in direct response to their unified requests.

This gives both industrial and financial institutions another method to hedge the liquidity in the spot markets. Doing a direct spread contract is simple as you make one singular trade which is then automatically divided into a singular trade and a single delivery. On the other hand, even if two separate trades are physically created a trader or member will only be paying for the difference between the two contracts.

Jefferson Harold, CEO of Tokyo Mercantile TOMEX recently said, “This new and improved contract was created as a direct answer to the requests of our clients and members for more financial products. On the plus side, it also serves as an additional way to help other companies make full use of their asset management.” This will further expand its suite of investor relations and intelligence services for advisory companies and their individual and institutional clients.

The new contracts will offer for companies trading on behalf of institutional clients on Tokyo Mercantile Exchange access to an bundle of individually-packaged intelligence services powered websites and other sophisticated tools. The recent announcement is a branch of the TOMEX’s access centres for the market’s most comprehensive investor relations, as well as market intelligence service for companies trading on TOMEX.

These arrangements are an indication of our client focus and dedication to give top services for our trading companies,” said Tokubey Ito, Vice President of Tokyo Mercantile Exchane.“We are pleased that TOMEX, one of the world’s leading TOMEX groups, has decided to work with us in its continued support of TOMEX-listed companies,” said Mark Kevins, the President and COO of INTELLIGENCE SERVICES COMPANY. “We are very confident that through this partnership, in addition to the TOMEX access centre, TOMEX-listed firms will receive a level of market insight never before available.”

“Especially in this current state of the economy, professionals need intelligent information, strong analytics and advanced tools that provide greater transparency into the evolving markets. We are more than happy to give TOMEX trading companies with the answers they need to effectively manage investors”, completed Mr. Ito.

Via EPR Network
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TOMEX Announces Changes in Credit Brokerage Management Team

TOMEX, a leading operator of regulated futures exchanges, clearing houses and over-the-counter markets, announced changes to the management team within its Credit Tomex dervivatives sector. Wholy owned by TOMEX, Credit Tomex is one of the most promising platforms for default swaps and derivatives credit.

TOMEX appointed Arata Haruka as President. Mr. Haruka was previously the Managing Director at Credit Tomex where he was in charge for several years. Mr. Arata Haruka will replace Umetaro Hakaru, Chief Executive Officer of Credit Tomex, who is now pursuing other opportunities. Mr. Umetaro Hakaru played a key role in building Credit Tomex and in facilitating its integration into Tokyo Mercantile Exchange Trading Platforms. TOMEX has also appointed Jefferson Harold as Chief Operating Officer of Credit Tomex. Mr. Jefferson Harold joined Credit Tomex a few years back as the Financial Officer and played an instrumental role in creating synergies between Credit Tomex and TOMEX Trading Platforms.

Hisao Yamada, the Senior Vice President who co-created Credit Tomex a decade and served as its C.O.O to TOMEX last year will also be in charge of the Marketing Department of Credit Tomex and also will remain as an advisor to TOMEX Board of Directors. Since the inception of Credit Tomex recently, he has been instrumental in the integration of Credit Tomex into the organization and in the execution of TOMEX strategies.

TOMEX CEO, Jefferson Harold, said: “We are more than happy to elevate the new management as key contributors in our business. Based on our successful partnership in supporting the evolution the credit default swap space, I want to thank the whole management team for their help with our achievements over the past years. This industry insights have been extremely important as TOMEX has established its leadership position in the credit default swap markets. On behalf of the entire TOMEX team, I want to explicitly state our appreciation to the whole of the management team for their efforts in integrating Credit TOMEX business.”

Via EPR Network
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