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Lendstart Is Helping Customers Choose the Best Personal Loans

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Tel Aviv, Israel–(Newsfile Corp. – December 7, 2021) – Personal loans can be complex and confusing, but Lendstart is changing the process and helping their clients bypass the tedious process. There are several factors that go into creating a personal loan, and you need to make sure that you are selecting one that is just right for you. Here are some of the factors that you need to consider when selecting a loan.

The Amount You Get

“Obviously, you need to think about how much you want to get from the loan. Each loan will offer a different amount of money. You might be able to find ones for £1000, but there might also be offers for £1500 and even more,” explains a representative from Lendstart.

Though it is not the same as a personal loan, a mortgage offers marginally higher loans with lower interests to compete with rising house prices. However, mortgage advisors are often assigned to clients to help them pick out the best loans but the same luxury is not afforded to those opting for a personal loan.

Extensive research is required for those who are looking at personal loans. Two personal loans may offer the same amount of money, but the terms and conditions of the two could not be more different.

“It’s easy to know how much money you’re getting but close attention should be given to its terms and conditions,” a Lendstart representative said.

APR

One of the most important factors lenders need to pay attention to when choosing a personal loan is the APR, or annual percentage rate. It is one of the most important factors when one is comparing the best personal loans. This is a yearly sum of interest that applies to the loan, and the lender will have to pay it on top of what the repayment is set at.

When asked to elaborate, the rep from Lendstart explains, “As an example, you might take out a loan of £500 with an APR of 10%. This means that interest worth 10% of the loan (in other words, £50) will be charged each year. There are certain levels of APR that are good, and others that are bad. For a personal loan, you should try to find as low an APR as possible.”

The APR rate has to be disclosed by the lender before the deal is closed. They will also then announce the total amount that the lender is expected to pay back on top of the loan. Some loans will come with a fixed APR rate, so they won’t change over a certain length of time, such as eighteen months, while others will have flexible APRs that you need to monitor as you make your repayments. Some loans might have changing APRs, but they will also offer a maximum APR rate that it could rise to.

Repayment Terms

According to the personal loan advisors at Lendstart, “Never accept a personal loan if you do not know what the repayment terms are. You will always be given them when you apply for the loan, and you need to stick to them. There are two important subfactors to pay attention to here. The first is how much you are expected to pay back as repayments. Most loans will come with a fixed minimum payment that you have to make. You can sometimes negotiate with the lender to pay the loan back at a higher rate if you would prefer, but you will always have a fixed minimum payment level.”

The other factor is the length of the repayment period. Every loan will have a maximum length of time in which the lender will need to pay the loan back in, and failure to do so may incur additional charges, as detailed below. For personal loans, this can be up to seven years, but every loan is different.

You need to make sure that you stick to the repayment terms closely. If you fail to make a repayment, you run the risk of defaulting on the loan. This is something that you need to pay attention to closely, so you should make sure you talk through the repayment terms with your lender.

There are several factors that you need to watch for with a personal loan. Though you need to pay close attention to what you are getting and the repayment terms, one of the most important parts by far is your APR rate. Never accept a loan unless you understand the terms behind it and Lendstart is helping clients understand and pick the right loan for their needs.

Media Contacts –
Name: Lendstart
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106962

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London Blockchain Conference: Day 1 Highlights

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As the inaugural London conference commenced today, attendees heard from industry experts who shed light on Revenue Generation with Blockchain

LONDON, May 21, 2024 /PRNewswire/ — Attendees at the London Blockchain Conference experienced an enlightening first day, kickstarting with informative and thought-provoking speakers, discussing a wide range of topics involving Digital Currency and government policy, trust economy, carbon offset derivatives using blockchain and smart contracts. 

Day 1 of the conference focused on ‘Rev-gen with Blockchain’. The agenda was filled with engaging sessions and discussions that delved into various topics like the Evolution of Web 3 and its impact on the Finance Sector. Attendees also had the opportunity to explore the transformative potential of blockchain technology in areas such as data integrity, accountability, and trust for customers and users. Other notable sessions shed light on the revolutionary role of blockchain in combating counterfeit goods, stable coins, and the Future of Blockchain tokens. 

Throughout the day attendees heard from distinguished speakers who brought their expertise to the forefront.

Blockchain 101 session by Connor Murray, Director of Stewardship at BSV Association who opened the conference by explaining how blockchain technology introduces a new way of interacting with applications and services that have become integral to our digitally connected world.

The keynote speaker for Day 1 was Scott Galloway, Professor of Marketing at NYU Stern School of Business /Entrepreneur who shared his predictions on future trends, analysing the economy, Web3 ecosystem and AI’s transformative potential. He highlighted the products and trends that are receiving too much vs too little attention and investment.

Cybersecurity Future: Blockchain’s Role in Enhanced Security – a panel moderated by John Velossariis, Founder & Director, Otranto Limited, with speakers Joseph Kearney, Research Associate, University of Kent / Block Sphere, and Robert Huber, Tech Lead, Veridat, where they discussed blockchain’s impact on cybersecurity, including decentralised identity management, supply chain security, smart contracts, and DDoS attack defences.

How Teranode delivers blockchain scaling for Enterprise use – Siggi Oskarsson, Director of Teranode at BSV Blockchain, Jordan Kramsky, Solutions Architect at AWS and Behrad Babaee, Principal Architect at Aerospike discussed the pivotal role of Teranode in driving enterprise-level adoption of the BSV blockchain and is poised to revolutionise the blockchain landscape and unlock new possibilities for businesses worldwide.

Owen Vaughan, Chief Scientist Officer at nChain in his session titled, ‘What if your blockchain is different to mine?’, explained the role of Web3 and Blockchain and building a decentralised online ecosystem. He also presented nChain’s Universal Blockchain Assets (UBA) Wallet for interoperable blockchain tokens across other chains.

Tokenisation and the Wine Industry – Steven Bacci, Principal Worldwide Specialist Solutions Architect, AWS and David Garrett, Managing Partner, dVIN discussed how blockchain enhances transparency, and security, offers anti-fraud solutions, and supply chain efficiency and fosters a global community of wine lovers and producers. They also highlighted how dVIN leverages AWS-managed blockchain for innovation and market acceleration.

Solving Blockchain’s Interoperability Challenges – Moderated by Becky Liggero, Reporter, Producer and Host at Coingeek, the panellists Irina Benfrid, B2B Partnerships Lead, Rubic Finance, Clem Chambers, CEO, Online Blockchain, Evelyn Nomaya, PhD Researcher, Trinity College and Ty Everett, Founding President, Project Babbage, focused on solving blockchain’s interoperability challenges and how addressing these interoperability issues is paramount for unleashing the full potential of blockchain technology.  

Establishing Trust in AI: Blockchain – Scott Zoldi, Chief Analytics Officer at FICO, highlighted the critical role of blockchain in enforcing and proving Responsible AI practices. He stressed that the responsible use of AI is vital to society and must go beyond just pledges and ethics committees to ensure genuine accountability.

Please register here if you would like to attend or listen to any of the sessions today. 

About the London Blockchain Conference

NETWORK. LEARN. ENGAGE. 

At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 

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The 2024 Qatar Economic Forum, Powered by Bloomberg: A Resounding Success in News-driven Global Discourse

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DOHA, Qatar, May 21, 2024 /PRNewswire/ — The 4th annual Qatar Economic Forum, held May 14 -16 in Doha, concluded on a high note, solidifying its position as a premier platform for navigating the complexities of a rapidly changing global landscape. Powered by Bloomberg and hosted in collaboration with Media City Qatar, the event brought together over 2,700 in-person attendees and boasted a total of 3,592 registrations, including 1,000+ global leaders, CEOs, and 427 government officials from 124 countries.

This year’s edition, held under the theme ‘A World Remade: Navigating the Year of Uncertainty,’ showcased a renewed sense of collaboration and a commitment to addressing the challenges presented by an interconnected world. Globalization and trade, the energy transition, technology and innovation, along with sports and entertainment, and the business and investment outlook, were at the forefront of discussions.

However, fostering collaboration extends beyond the walls of the Forum itself: one of the defining aspects of the event is its unwavering focus on a news-driven approach. The Forum recognizes the media’s critical role in shaping economic, political, and social narratives.  In today’s interconnected world, clear and accurate information is essential for fostering global understanding and cooperation.

The Forum attracted significant media interest, drawing over 160 members of the press from more than 35 media outlets. Over 50 interviews were conducted with key participants, securing prominent coverage across various platforms. The event garnered front-page placement in print publications, featured articles in online media, and prime-time broadcast segments, resulting in hundreds media mentions across 25 countries. This widespread coverage highlights the importance and the impact of the discussions held at the event.

His Excellency Sheikh Dr. Abdulla bin Ali Al Thani, Chairman of Media City Qatar, a key partner of the Forum, emphasized this crucial role.  He highlighted the media’s transformative potential, stressing the need for compelling narratives that not only combat misinformation but also promote understanding across diverse global perspectives.  Through fostering innovation and dialogue, Media City Qatar aims to empower the Gulf’s media industry to become a dynamic force for economic growth and a bridge between cultures. 

The Forum transcended mere rhetoric by witnessing concrete steps toward innovation and collaboration.  The signing of 21 memorandums of understanding (MoUs) stands as a testament to this commitment.  Media City Qatar had two particularly noteworthy partnerships announced at the Forum with Qatar University (QU) and the Qatar Research, Development and Innovation (QRDI) Council.

These notable partnerships are set to pave the way for substantial growth in Qatar’s media sector by enhancing technological capabilities, providing comprehensive training programs, and fostering a conducive environment for innovative media companies. They further underscore Media City Qatar’s commitment to transforming Qatar into a global media hub and creating high-skilled job opportunities in the media industry.

ABOUT MEDIA CITY QATAR

Media City Qatar (MCQ) is an emerging, collaborative global hub for media companies, entrepreneurs, innovators, and creative talent, and a regional leader in the media industry, contributing to Qatar’s economic diversification. It accelerates the evolution of regional media to create a powerful and innovative ecosystem where exceptional ideas and content thrive. Media City Qatar was established to streamline necessary regulations, develop businesses and unlock investment opportunities to support the media ecosystem in Qatar under its regulatory, developmental, and investment mandates.

Media City Qatar aims to foster a nurturing environment and a hub for traditional and digital media, technology, communications, research, and development. From broadcasting to traditional and digital newspapers, from gaming to user-generated content, and enabling AI and advanced technologies. Media City Qatar welcomes media businesses across different media segments of various scales to join.

For more information, visit www.mediacity.qa or follow us on @mediacityqa |#mediacityqatar

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Media City Qatar booth at the 4th Qatar Economic Forum

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Lukka Acquires Coinfirm bringing Audited Data to Blockchain Analytics, Compliance, and Investigations

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NEW YORK, May 21, 2024 /PRNewswire/ — Lukka, the global leader in enterprise digital asset data and software solutions, proudly announces its acquisition of Coinfirm, a top-tier European based blockchain analytics software company. This acquisition deepens Lukka’s existing capabilities to now support a comprehensive set of on-chain analytics of compliance, AML, sanction screening, entity due diligence, and investigations business needs. The new combined offering utilizes the industry’s only audited, institutional grade datasets at a time when trust in the quality and accuracy of data has become essential.

Since 2016, Coinfirm has been at the forefront of digital asset transaction analysis and monitoring, specializing in compliance, AML (Anti-Money Laundering) detection, and advanced blockchain analytics. Lukka’s enterprise focused approach integrates Coinfirm blockchain data into its platforms with conventional financial information, and maintains existing trusted standards in the form of an AICPA SOC Operational risk controls. Coinfirm was a natural addition to Lukka’s existing product suite due to their prior adherence to AICPA SOC 2 standards, audited by a Big 4 accounting firm. 

“Our customers have stated very clearly that they want data that they can trust and that they have too many overlapping vendors, which creates inefficiency and unnecessary spending. We spent years of due diligence across hundreds of businesses and customer feedback discussions and very carefully selected Coinfirm.

Ultimately, the decision was easy – the team that they have built is incredibly talented and their data quality is best in class. At Lukka we know data and the data behind their on-chain analytics and investigative products was the most comprehensive and highest quality. Lukka is a single provider for all of your crypto data needs.”    said Robert Materazzi, CEO at Lukka.

The integration of the Coinfirm team and products with Lukka is not just an expansion of services but a strategic move towards offering an unmatched range of on-chain and off-chain data solutions.  In addition to Lukka’s commercial strategy, the story doesn’t end with this acquisition. Lukka is continuously assessing opportunities to partner and work with great teams across the world.

About Lukka

Founded in 2014, Lukka serves the most risk-mature businesses in the world with institutional data and software solutions. As a global company, headquartered in the United States, Lukka bridges the gap between the complexities of blockchain data in a global crypto ecosystem with traditional business and reporting requirements.

All of Lukka’s products are created with institutional standards, such as AICPA Service and Organization Controls (SOC), which focus on data quality, financial calculation accuracy & completeness, and managing technology operational risk. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.

Our global team looks forward to partnering with you to solve your data challenges.

For information about Lukka, visit lukka.tech.

Media Contact:
Rafal Janik
[email protected] 

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