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Bay Talent Group Announces Management Changes



Toronto, Ontario–(Newsfile Corp. – April 6, 2020) – Bay Talent Group Inc. (TSXV: HIRE) (“BTG” or the “Company“), announces that its Board of Directors has accepted the resignation of Mr. Allan Hartley as Chief Executive Officer and a Director of the Company, effective immediately.

The Company also announces the resignation of Steven Wang as officer and director of BTG’s subsidiaries, Provision IT Resources Ltd. and PTC Accounting and Finance Inc., effective immediately. Both Mr. Hartley and Mr. Wang played significant roles in the formation and growth of the Company. BTG is grateful for their contributions and wish them well in their future endeavors.

The Company announces the appointment of Mr. Simon Dealy, CPA, MBA, as Chief Executive Officer, effective immediately. Mr. Dealy has more than 25 years experience in operations, finance, strategic planning, acquisition, and business development. Mr. Dealy is co-founder of BTG and has served as BTG’s President since January 1, 2018 and Chief Financial Officer since January 1, 2019, and has, during these periods, and among other things, overseen the acquisition and integration of BTG’s material subsidiaries. Mr. Dealy holds a Master of Business Administration degree from Suffolk University and is a Certified Public Accountant.

The Company also announces the addition of Dan Teguh as Vice President, Finance. Prior to joining BTG, Mr. Teguh was Director of Corporate Development at a leading North American healthcare consolidator where he was responsible for acquisitions and transaction execution. Prior to this, Mr. Teguh held progressively senior roles at a publicly traded insurance holding company covering all aspects of capital management including mergers and acquisitions, planning, operations, financial reporting, and investor relations. Mr. Teguh began his career at Ernst & Young LLP. He is a Chartered Professional Accountant and holds a Bachelor of Commerce degree from Queen’s University.

The Company also announces that Eric Loree has been named Chief Legal Officer. Mr. Loree joined BTG in December 2018 as Corporate Secretary. Prior to BTG, Mr. Loree worked in the Listed Issuer Services department at the TSX Venture Exchange where he was a member of the Exchange’s Executive Listing and Policy Committees. He also previously acted as legal counsel to a major telecommunications company and practiced in the Corporate Finance and Securities Law department of a national law firm based in Toronto. Mr. Loree holds a Bachelor of Business Administration degree from Wilfrid Laurier University and a Bachelor of Laws degree from Queen’s University.

Mr. Dealy, Chief Executive Officer of BTG was quoted “While COVID19 creates general uncertainty for business and the market, BTG is taking bold steps to realize on our strategic plans. We continue to move forward on our acquisition pipeline as we build towards an ever more digitized operating environment. The Canadian job market may be reduced during the next quarter however our Company’s management is now strengthened, has a demonstrated track record in the HR industry and is looking to lead to a technology-based future driven by industry leading advisors.”

About Bay Talent Group Inc.

BTG is a technology company in the HR consulting industry with a strong focus on staffing and recruiting. BTG’s strategy is to complete accretive acquisitions of staffing, information technology, and HR consulting firms that meet BTG’s strategic, valuation, expertise, geographic, and operational criteria. BTG’s organic growth plans combined with acquired growth creates value and provides Bay Talent Group entities additional diversified vertical and cross-selling opportunities, realized savings from consolidating operations and leveraging a centralized back-office structure.

BTG’s current operating subsidiaries, Provision IT Resources Ltd. and PTC Accounting and Finance Inc., are HR consulting firms that offer a range of professional staffing services for accounting, finance, information technology, office administration and human resources. BTG’s clients include large organizations in the financial, government, insurance, and pension fund sectors, as well as, small and medium sized businesses across a broad range of industries.

For further information, please contact:

Bay Talent Group Inc.
Simon Dealy, Chief Executive Officer
Phone: (647) 868-9611
Email: [email protected]

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Forward Looking Information

The information provided in this press release contains “forward-looking statements” or “forward-looking information” (collectively referred to hereafter as “forward-looking statements“) within the meaning of applicable Canadian securities legislation.

All statements in this press release that address activities, events or developments that BTG expect or anticipate will, or may, occur in the future, including statements about BTG’s business prospects, future trends, plans, strategies, including, in particular, BTG’s acquisition strategy and the expected benefits thereof and objectives. In some cases, forward-looking statements are preceded by, followed by or include words such as “may”, “will”, “would”, “could”, “should”, “believes”, “estimates”, “projects”, “potential”, “expects”, “plans”, “intends”, “anticipates”, “targeted”, “continues”, “forecasts”, “designed”, “goal”, or the negative of those words or other similar or comparable words.

Forward-looking statements are not a guarantee of future performance and are based upon a number of, including, without limitation, assumptions about: future economic conditions (including the effect of the COVID-19 pandemic on national and international financial markets), competition; anticipated and unanticipated costs; the ability of BTG to obtain any necessary financing on acceptable terms; and the ability of the BTG to obtain qualified staff and services in a timely and cost-efficient manner.

Although management of BTG believes that the assumptions made and the expectations represented by such statements are reasonable, there can be no assurance that a forward-looking statement herein will prove to be accurate.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BTG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks relating to: the limited operating history of BTG, reliance upon key management, adverse changes in general economic conditions (including the continuation of the COVID-19 pandemic), the failure to identify eligible candidates, competition and low barriers to entry, litigation risk, cybersecurity risks, reputational damage, failure to access technology necessary to compete, failure to align cost structure with revenue, reliance on key customers, risk that BTG will be unable to meet its obligations under financial instruments, risks inherent to BTG’s acquisition strategy, conflicts of interest, significant ownership and control by significant shareholders, requirement for additional financing, potential dilution from the exercise of convertible securities and the potential for activist shareholders, all as more particularly described in “Risk Factors” in the filing statement of BTG (then Danacore Industries Inc. dated as at November 26, 2019 filed under the Company’s profile on Although BTG has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended.

All forward-looking statements made in this press release are qualified by such cautionary statements. BTG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.


How to identify authenticity in crypto influencer channels




Modern brands stake on influencer marketing, with 76% of users making a purchase after seeing a product on social media.The cryptocurrency industry is no exception to this trend. However, promoting crypto products through influencer marketing can be particularly challenging. Crypto influencers pose a significant risk to a brand’s reputation and ROI due to rampant scams. Approximately 80% of channels provide fake statistics, including followers counts and engagement metrics. Additionally, this niche is characterized by high CPMs, which can increase the risk of financial loss for brands.

In this article Nadia Bubennnikova, Head of agency Famesters, will explore the most important things to look for in crypto channels to find the perfect match for influencer marketing collaborations.



There are several levels related to this point.



Analyze approximately 10 of the channel’s latest videos, looking through the comments to ensure they are not purchased from dubious sources. For example, such comments as “Yes sir, great video!”; “Thanks!”; “Love you man!”; “Quality content”, and others most certainly are bot-generated and should be avoided.

Just to compare: 


Don’t rush to conclude that you’ve discovered the perfect crypto channel just because you’ve come across some logical comments that align with the video’s topic. This may seem controversial, but it’s important to dive deeper. When you encounter a channel with logical comments, ensure that they are unique and not duplicated under the description box. Some creators are smarter than just buying comments from the first link that Google shows you when you search “buy YouTube comments”. They generate topics, provide multiple examples, or upload lists of examples, all produced by AI. You can either manually review the comments or use a script to parse all the YouTube comments into an Excel file. Then, add a formula to highlight any duplicates.


It is also a must to check the names of the profiles that leave the comments: most of the bot-generated comments are easy to track: they will all have the usernames made of random symbols and numbers, random first and last name combinations, “Habibi”, etc. No profile pictures on all comments is also a red flag.



Another important factor to consider when assessing comment authenticity is the posting date. If all the comments were posted on the same day, it’s likely that the traffic was purchased.


2. Average views number per video

This is indeed one of the key metrics to consider when selecting an influencer for collaboration, regardless of the product type. What specific factors should we focus on?

First & foremost: the views dynamics on the channel. The most desirable type of YouTube channel in terms of views is one that maintains stable viewership across all of its videos. This stability serves as proof of an active and loyal audience genuinely interested in the creator’s content, unlike channels where views vary significantly from one video to another.

Many unauthentic crypto channels not only buy YouTube comments but also invest in increasing video views to create the impression of stability. So, what exactly should we look at in terms of views? Firstly, calculate the average number of views based on the ten latest videos. Then, compare this figure to the views of the most recent videos posted within the past week. If you notice that these new videos have nearly the same number of views as those posted a month or two ago, it’s a clear red flag. Typically, a YouTube channel experiences lower views on new videos, with the number increasing organically each day as the audience engages with the content. If you see a video posted just three days ago already garnering 30k views, matching the total views of older videos, it’s a sign of fraudulent traffic purchased to create the illusion of view stability.


3. Influencer’s channel statistics

The primary statistics of interest are region and demographic split, and sometimes the device types of the viewers.


When reviewing the shared statistics, the first step is to request a video screencast instead of a simple screenshot. This is because it takes more time to organically edit a video than a screenshot, making it harder to manipulate the statistics. If the creator refuses, step two (if only screenshots are provided) is to download them and check the file’s properties on your computer. Look for details such as whether it was created with Adobe Photoshop or the color profile, typically Adobe RGB, to determine if the screenshot has been edited.


After confirming the authenticity of the stats screenshot, it’s crucial to analyze the data. For instance, if you’re examining a channel conducted in Spanish with all videos filmed in the same language, it would raise concerns to find a significant audience from countries like India or Turkey. This discrepancy, where the audience doesn’t align with regions known for speaking the language, is a red flag.

If we’re considering an English-language crypto channel, it typically suggests an international audience, as English’s global use for quality educational content on niche topics like crypto. However, certain considerations apply. For instance, if an English-speaking channel shows a significant percentage of Polish viewers (15% to 30%) without any mention of the Polish language, it could indicate fake followers and views. However, if the channel’s creator is Polish, occasionally posts videos in Polish alongside English, and receives Polish comments, it’s important not to rush to conclusions.

Example of statistics


Wrapping up

These are the main factors to consider when selecting an influencer to promote your crypto product. Once you’ve launched the campaign, there are also some markers to show which creators did bring the authentic traffic and which used some tools to create the illusion of an active and engaged audience. While this may seem obvious, it’s still worth mentioning. After the video is posted, allow 5-7 days for it to accumulate a basic number of views, then check performance metrics such as views, clicks, click-through rate (CTR), signups, and conversion rate (CR) from clicks to signups.

If you overlooked some red flags when selecting crypto channels for your launch, you might find the following outcomes: channels with high views numbers and high CTRs, demonstrating the real interest of the audience, yet with remarkably low conversion rates. In the worst-case scenario, you might witness thousands of clicks resulting in zero to just a few signups. While this might suggest technical issues in other industries, in crypto campaigns it indicates that the creator engaged in the campaign not only bought fake views and comments but also link clicks. And this happens more often than you may realize.

Summing up, choosing the right crypto creator to promote your product is indeed a tricky job that requires a lot of resources to be put into the search process. 

Author Nadia Bubennikova, Head of agency  at Famesters


Nadia Bubennikova, Head of agency at Famesters

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Central banks and the FinTech sector unite to change global payments space





The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.

Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.

Central to this pioneering project are the Bank of France (on behalf of the Eurosystem), the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York. These institutions have joined forces under the banner of Project Agorá, in partnership with an extensive assembly of private financial entities convened by the Institute of International Finance (IIF).

At the heart of Project Agorá is the pursuit of integrating tokenised commercial bank deposits with tokenised wholesale central bank money within a unified, public-private programmable financial platform. By harnessing the advanced capabilities of smart contracts and programmability, the project aspires to unlock new transactional possibilities that were previously infeasible or impractical, thereby fostering novel opportunities that could benefit businesses and consumers alike.

The collaborative effort seeks to address and surmount a variety of structural inefficiencies that currently plague cross-border payments. These challenges include disparate legal, regulatory, and technical standards; varying operating hours and time zones; and the heightened complexity associated with conducting financial integrity checks (such as anti-money laundering and customer verification procedures), which are often redundantly executed across multiple stages of a single transaction due to the involvement of several intermediaries.

As a beacon of experimental and exploratory projects, the BIS Innovation Hub is committed to delivering public goods to the global central banking community through initiatives like Project Agorá. In line with this mission, the BIS will soon issue a call for expressions of interest from private financial institutions eager to contribute to this ground-breaking project. The IIF will facilitate the involvement of private sector participants, extending an invitation to regulated financial institutions representing each of the seven aforementioned currencies to partake in this transformative endeavour.

Source: fintech.globa

The post Central banks and the FinTech sector unite to change global payments space appeared first on HIPTHER Alerts.

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TD Bank inks multi-year strategic partnership with Google Cloud





TD Bank has inked a multi-year deal with Google Cloud as it looks to streamline the development and deployment of new products and services.

The deal will see the Canadian banking group integrate the vendor’s cloud services into a wider portion of its technology solutions portfolio, a move which TD expects will enable it “to respond quickly to changing customer expectations by rolling out new features, updates, or entirely new financial products at an accelerated pace”.

This marks an expansion of the already established relationship between TD Bank and Google Cloud after the group previously adopted the vendor’s Google Kubernetes Engine (GKE) for TD Securities Automated Trading (TDSAT), the Chicago-based subsidiary of its investment banking unit, TD Securities.

TDSAT uses GKE for process automation and quantitative modelling across fixed income markets, resulting in the development of a “data-driven research platform” capable of processing large research workloads in trading.

Dan Bosman, SVP and CIO of TD Securities, claims the infrastructure has so far supported TDSAT with “compute-intensive quantitative analysis” while expanding the subsidiary’s “trading volumes and portfolio size”.

TD’s new partnership with Google Cloud will see the group attempt to replicate the same level of success across its entire portfolio.


The post TD Bank inks multi-year strategic partnership with Google Cloud appeared first on HIPTHER Alerts.

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