Published
- 02:00 am

Extauri is Europe's first secure and compliant trading platform for cryptocurrency tokens, fiat currency, and traditional banking products such as stocks, bonds, and ETFs. Extauri's mission is to build awareness and acceptance of cryptocurrency as a safe and profitable class of investment. Extauri is closing the gap by offering an innovative financial platform to combine the advantages of blockchain technology with the secure products offered by the conventional banking system.
"The main issue in the existing market is that you have security tokens, but they can't be traded on a public exchange. Token security is very important to the viability of future finance projects seeking alternatives to bank financing. This is possible with Extauri due to our secure model and licensing," noted Domenik Gerapetritis, CBDO & Co-Founder.
Presenting exclusive protection against fraud by users and operators of the exchange, Extauri is equipped with an electronic communications network (ECN) license, is approved by FMA and BaFin, and adheres to the standards of the Economic and Monetary Union of the European Union.
Security and compliance are integral to Extauri's vision. The platform does not rely on third-party solutions, but on the firm's own developers and infrastructure. This is part of how Extauri meets financial security standards. Whereas most exchanges rely on external frameworks, Extauri's in-house development approach eliminates the potential for foreign and unknown source code or 'backdoors,' ensuring the integrity of the ledger.
"Security of cryptocurrency, and investment are our key principles. Existing platforms are largely outside banking regulations and lack transparency. We handle the legal and technical side of things, so you don't have to," reflected Tino Cabero, CEO & Co-Founder.
An innovative component of Extauri's trading solution is the self-managed My Admin Wallet. Only the user knows the private key. Extauri has no access to the wallet, providing the user with complete anonymity. Only the transaction is processed by Extauri's systems, protecting against misuse of data by third parties. Offering this protection at no additional cost, Extauri exemplifies its key values in security, privacy, and self-determination.
Led by a dedicated team of experts in crypto, management, securities, IT, and development, the firm is after 'something extraordinary.' Extauri brings together sought-after talent across roles including finance, operations, technology, security, and software with the experience needed to deliver a secure platform and address future challenges.
Extauri's trading process allows investors to connect to the crypto world in an intuitive, fast, legal, and secure way. Capital raised from the token sale will support platform implementation, IT security, legal department expansion, customer success team development, expansion of operations, and development of community systems. The securities exchange platform is setting the stage for the widespread acceptance of the crypto market and the adoption of blockchain technology in our daily lives.
Related News
- 07:00 am

Digi International, a leading global provider of Internet of Things (IoT) connectivity products and services, and Minnesota's largest IoT company, today announced a new headquarters at Excelsior Crossings in Hopkins, Minnesota. The company anticipates moving into the new facility in early 2019.
The new facilities, located in the top two floors of Building B at Excelsior Crossings, a modern, sustainable, three-building, 31-acre corporate campus, will enhance Digi's culture with a work environment that stimulates innovation via energy, creativity and collaboration. With the assistance of BV Design Studios, Digi's new location integrates private work environments, informal and inviting common space, meeting and collaboration tools, and dedicated lab space. Located three miles from Digi's current headquarters, the move provides minimal disruption and keeps proximity to its Twin Cities logistics facility in Eden Prairie.
"This is great news not just for Digi, but for our customers and partners, the world of IoT, and Minnesota's tremendous technology industry," said Ron Konezny, Digi President and Chief Executive Officer. "Our new headquarters will be ideal for our agile, athletic, and innovative organization. It will extend our leadership in the IoT and Minnesota technology space. This move reflects the cultural transformation we've undertaken, and I am thrilled to see the results."
The announcement of the new headquarters and innovation focus comes on the heels of independent research firm IoT ONE ranking Digi International as Minnesota's Top Industrial IoT Company. With this move, Digi reaffirms its commitment to Minnesota, technology development and maintaining its position at the forefront of IoT development.
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- 01:00 am

Today, Fintech has a strong position in the financial market because the banking sector has experienced a number of difficulties, which has reduced public confidence in the traditional banking system.
The EU-introduced PSD2 directive increased competition in the payments sector. Accepting the European option as a ready-made scheme, other states began to use open banking services as an accelerator to achieve their goals.
What is happening now in the payment service market? What is the situation with Fintech technologies? These and other issues will be discussed at Advapay “Fintech vs Traditional Banking” free webinars on October 17 and 25, 2018.
Speakers:
- Hakan Eroglu, Global Open Banking SME and Thought Leadership Payments Europe Lead at Accenture, Swirzerland
- Dmitrijus Apockinas, Member of the Board, Chief Compliance Officer at PayAlly, UK
- Pavel Matveev, Co-founder & CEO of Wirex Ltd., UK
Key issues:
- Revolution of retail banking: how EMIs are winning retail banking clients
- Compliance trends new AML methods in international payments
- Open Banking: key issues
- Bridging the gap between Cryptocurrencies and everyday spending
Organizer: Advapay OÜ - business integrator, providing services for the creation of a "turnkey" payment business based on the European API / EMI. Advapay OÜ also organizes international conferences, webinars and club seminars.
Date: October 17 and 25, 2018, 16.00 (Moscow time)
Detailed information and registration: https://advapay.eu/events/webinar_en_17.10.2018.html
For participation and cooperation: events@advapay.eu
Related News
- 06:00 am

Zenoss Inc., the leader in software-defined IT operations, today announced a strategic expansion into the infrastructure operations management market in the Kingdom of Saudi Arabia through its first system integrator partnership with Saudi Telecom Solutions (STCS). STCS guides organizations on their journey to the cloud, through the path of digital transformation, and into the infinite capacity and scope of true empowerment.
Zenoss will work with STCS to deploy a software-defined IT operations platform for the STCS Cloud — which delivers software solutions, infrastructure and development platforms as a service — and will provide service assurance to the company's managed telephony services customers.
The partnership with Saudi Telecom Solutions will serve as the springboard to becoming a leading provider of innovation in the Kingdom of Saudi Arabia.
"Zenoss will help STCS provide breakthrough innovation for the kingdom, providing integrated technology solutions that empower our customers during their IT digital transformation journeys," said James Boyton, senior director of international business development and channels at Zenoss. "Customers in the Kingdom of Saudi Arabia have been demanding a software-defined IT operations solution, and we are pleased to partner with STCS to answer that need."
Attendees of GITEX 2018 can find out more information on Zenoss Cloud and software-defined IT operations by visiting our booth at hall 6, stand D6-10, Oct. 14-18.
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- 06:00 am

Vigilant Solutions – an AI and data analytics company that provides technology to public safety – today announced the launch of the Vigilant Investigative Center™ (VIC), an AI-driven investigative platform that helps law enforcement to generate leads, so they can prevent and solve crime, keeping officers and communities safe. VIC enables law enforcement personnel to accelerate their field and criminal investigations through access to Vigilant's facial recognition, automated license plate recognition (ALPR), ballistics analysis, crime gun mapping and body worn video management technologies in one place. VIC also serves as a nationwide sharing platform for law enforcement and allows for integration of data sources.
"Today, law enforcement has a great deal of data at their fingertips, but data alone solves nothing; it is the computational analysis that reveals criminal patterns and trends, and criminal associations," said Shawn Smith, Founder and President of Vigilant Solutions. "The Vigilant Investigative Center was designed by retired law enforcement to provide law enforcement with actionable intelligence derived from analyzing multiple evidentiary data sources. We intend for VIC to be a partner in any investigation, providing the tools an investigator needs to do almost everything, short of conducting interviews and investigations."
VIC is a cloud-based investigative tool comprised of the following components:
- FaceSearch™ enables investigators to generate leads from video and compare it against tens of millions of mug shots, offering easy importing and integration capabilities, along with pre-populated face image data from Vigilant. Users can analyze and compare 350 facial vectors – even on poor-quality images. Then, investigators can prepare their list of potential candidates for consideration by a human peer review team.
- PlateSearch™ enables investigators to locate vehicles by searching for plates on their hotlist. Investigators will receive alerts when the plate is spotted. PlateSearch allows investigators to search for vehicles by full plate number, partial plate number or vehicle characteristics, such as make, model or year.
- BallisticSearch™ helps agencies to easily capture images of discharged cartridge cases and search and compare to other cartridge cases within the BallisticSearch nationwide gallery of cartridge cases in minutes, minimizing or eliminating backlogs that may date back hours, days, weeks months or years.
- GunOps™ helps investigators to link crimes, guns and suspects to map out hotspots and take prolific offenders off the street earlier and faster. GunOps is a proprietary grid storage technology, which enables the user to input and ingest data sets from Records Management Systems, Computer-Aided Dispatch data and Laboratory Incident Management Systems data on gun-related cases.
- VideoManager™ provides the agency with complete control over its body worn and in-car camera images. By accessing evidence footage in the cloud, an organization's personnel can work on the case securely from any device with a Wi-Fi connection.
"We are excited to launch VIC to the law enforcement market," added Smith. "We are confident that it will be an invaluable investigative platform, helping agencies to keep officers safe, solve crime, protect communities and save lives."
Related News
- 02:00 am

NewParts is pleased to announce that it is becoming one of the first retailers to accept payments in cryptocurrency, in partnership with e-commerce platform Shopping Cart Elite. NewParts.com offers a broad selection of auto parts, covering nearly any vehicle imaginable. By now accepting the cryptocurrencies Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Bitcoin Gold (BTG), Dash, Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC), the retailer is opening its store to customers around the world.
Over the past few years, cryptocurrency has emerged as the next evolution of currency, thanks to its convenience, cost-effectiveness and decentralization. It matches the functionality of traditional fiat currency and goes beyond in efficiency, accessibility and security. In 2009, the first cryptocurrency, Bitcoin, was created and hundreds of other digital currencies have since emerged. By December 2017, the market capitalization of all cryptocurrencies reached a staggering $600 billion.
"NewParts is committed to making our massive inventory of auto parts as accessible as possible to our customers," said CEO Dano Ramovich. "That's why we decided to allow our customers to pay with cryptocurrency -- it opens up our business to international markets and enables us to accept and process transactions more quickly and affordably."
By paying with cryptocurrency, customers around the world now have unprecedented access to NewParts' wide array of auto parts with lightning-fast transactions that take just minutes to process. Furthermore, thanks to drastically reduced transaction fees (less than a penny), eliminated currency conversion fees and freedom from chargebacks, NewParts is able to pass on even more savings to customers.
By providing customers with a wide range of payment options, NewParts is adding a new dimension to the customer experience.
Related News
- 06:00 am

One of Europe's fastest growing real estate firms will utilise fully connected, cloud-based software solution to manage commercial real estate assets
BNP Paribas Real Estate Property Management has selected Yardi as its technology partner to provide cloud-based asset and property management software solutions for clients in the Netherlands.
BNP Paribas Real Estate selected a range of solutions to suit its asset services needs. These solutions not only consolidate the power of the portfolio data, but help deliver enhanced tenant and investor services, greater transparency, enhanced reporting and will streamline processes and operational costs.
Yardi will be the pillar for BNP Paribas Real Estate Property Management services which operates within BNP Paribas Netherlands as an independent business line providing high-end property management services. The property management team is able to draw on extensive and intimate knowledge of the market and assets and to provide support and advice on the most diverse scope of property management services.
"We are very pleased to have Yardi in place enabling us to increase our efficiency together with our quality and to secure our future growth in a responsible way." said Michiel Campagne, director Property Management of BNP Paribas Real Estate Netherlands B.V.
Yardi Voyager will streamline property and financial management, while Yardi® Advanced Budgeting & Forecasting will automate financial health measurement and enable flexible forecasts and budgets using data drawn from Voyager. The company is also integrating COMMERCIALCafé to support tenant attraction and retention, property marketing and tenant services. Yardi Investment Management will automate investment accounting, performance measurement, and investor reporting cycles. Additional solutions adopted include Yardi Advanced Maintenance, Yardi Job Cost and Yardi PAYscan.
"We are excited to welcome BNP Paribas Real Estate," said Neal Gemassmer, vice president of international for Yardi. "We are looking forward to working with one of the leading real estate brands in Europe and are excited to be delivering a broad range of solutions that will help enhance many aspects of their real estate life cycle."
Related News
- 03:00 am

Christened ‘Odyssey City Card’, this pre-paid multi-purpose card is a first-of-its-kind offering in the city that has been designed to enable residents to make quick and easy payments for an array of services like property tax, water bills, vehicle parking fees and trade license fee for traders and businesses among others, in a seamless manner. The card can also be used for making payments at retail merchant outlets enabled with POS machines across the country, as well as on e-commerce websites.
The ‘Odyssey City Card’ was unveiled by Shri Naveen Patnaik, Hon’ble Chief Minister of Odisha along with Mr. Anup Bagchi, Executive Director, ICICI Bank at the State Secretariat. The occasion was also graced by Mr. Ananta Narayan Jena, Hon’ble Mayor of Bhubaneswar, Mr. Bijaya Kumar Mohanty, Hon’ble MLA, Bhubaneswar Central and Mr. Priyadarshi Mishra, Hon’ble MLA, Bhubaneswar North.
The Hon’ble Chief Minister also launched 25 ‘My Odyssey Centres’, where the ‘Odyssey City Card’ will be available for issuance.
Talking about the new proposition, Shri Naveen Patnaik, Hon’ble Chief Minister, Government of Odisha said, “The ‘Odyssey City Card’ has been launched with the objective of creating a common city payment mechanism which will facilitate cashless transactions for several citizen based services across Bhubaneswar. We are happy to note that ICICI Bank has partnered with the State Government to introduce the card that will offer significant convenience to the residents of the city. The card is a step towards leveraging technology by forging stronger partnerships which will help us in the creation of a digital payment system.”
Also added, Mr. Anup Bagchi, Executive Director, ICICI Bank, “ICICI Bank has always been at the forefront of introducing path breaking digital solutions which aims to offer simplicity and convenience to our customers. We are delighted to associate with Bhubaneswar Municipal Corporation and Bhubaneswar Smart City Limited to bring forth the ‘Odyssey City Card’. This new proposition aims at offering unparalleled convenience to nearly 1 million residents of Bhubaneswar and is a significant step towards transforming it into a Smart City. This is a testament to our constant efforts at creating a less cash ecosystem across the country, thereby encouraging our customers to adopt to digital modes of making payments. We look forward to more such collaborations with the Odisha Government to co-create solutions that offer flexibility and convenience to our valued customers.”
The ‘Odyssey City Card’ has been launched ahead of the ‘2018 Men’s Hockey World Cup’ tournament that is scheduled in Bhubaneswar next month. The initiative aims at enhancing the experience of thousands of tourists who will visit the city to witness the sporting extravaganza by enabling them to book tickets for fleet transport networks along with retail purchases.
This new initiative will propel Bhubaneswar to join a list of elite international cities that offer a Common Payment Card platform to its residents and tourists for making seamless payments for an array of services within the city. Moreover, the ‘Odyssey City Card’ stands out in comparison to the international propositions, as it can not only be used to make payments within Bhubaneswar but also at retail stores with POS machines across the country as well as on e-commerce websites.
With the ‘Odyssey City Card’, residents will be able to undertake the following activities:
• Taxes & utility bills: Make payments towards BMC for water bills, property tax and trade license fees etc
• Retail & e-commerce transactions: Purchase goods from retail stores, pay for movie tickets, dine, shop and e-commerce websites across the country
• Parking fee: Make fee payments at Pay & Park locations managed by the BMC
• City-based transport: Users will soon be able to make cashless payments for bus rides across all transit networks under the Central Region Urban Transport Services (CRUT)
The card is currently available across the counter at 25 ‘My Odyssey Centres’ that have been set up by the BMC along with Bhubaneswar Development Authority (BDA) and the Public Health Engineer Organisation (PHEO) at an issuance fee of Rs.50 and is valid for 5 years. The card does not levy any annual or renewal charge. Customers can apply for the ‘Odyssey City Card’ by filling an application form comprising details like name, DOB, mobile no., address etc. On submitting the form, the customer receives an OTP on his/her registered mobile number. Post authentication of the OTP, the card is instantly issued to the customer.
In line with the Government’s efforts at encouraging the creation of a digital ecosystem, customers will soon be able to apply for the card, online. They will be able to do so by logging in to an integrated customer portal developed by the Bank. Once applied, customers will receive a unique reference number which can then be used to collect the card from the issuance counters. The customer portal will also enable users to avail facilities such as viewing card balance, account related details, statement of spends among others.
Users can recharge their card by either paying cash at the designated counters or digitally through the customer portal. Shortly, ICICI Bank along with the BMC will set up a distribution network of 300 additional counters across the city for facilitating the issuance and recharge of the ‘Odyssey City Card’.
All card users will be converted to full KYC customers within one year of issuance of the card which will further allow them to have a higher recharge limit of up-to Rs.1 lakh per month.
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- Product Reviews
- 05.10.2018 12:45 pm
Kamakura Corporation is known as world’s leading provider of risk management information, risk management software and risk management consulting. Founded in 1990, the company offers wide range of services that have proven its effectiveness and reliability over the past decades. Moreover, Kamakura Corporation’s expertise is portrayed in its constant efforts to provide research-based, transparent, and accurate information and services to its clients worldwide. This time one of the Kamakura’s solutions is presented below.
What is the solution?
Kamakura Risk Manager (KRM) is a vast system that fully integrates credit portfolio management, market risk management, asset and liability management, Basel 2 and other capital allocation technologies, transfer pricing and performance measurement. Kamakura Risk Manager (KRM) deploys a solid analytical foundation with six yield curve smoothing methods and five different term structure models for valuation, pricing, and hedging of a wide range of equity securities, fixed income securities, foreign exchange contracts. KRM also provides an unmatched list of derivatives and exotics.
Kamakura's risk management vison
What does it do?
Kamakura Risk Manager (KRM) calculates operational risk, total risk and accounting, as well as regulatory requirements using the same analytical engine, GUI and reporting. This sophisticated solution rests on Kamakura’s risk management vision. Particularly it represents completely integrated risk solution based on common assumptions and methodologies.
What are the key features of KRM?
- Implements Robert Jarrow’s reduced form model of credit risk with a time dependent default intensity
- Utilizes observable debt prices to imply both default intensity and market liquidity’s impact on observable credit spreads for sovereigns, corporations, and other issuers of debt. Counterparties who are not themselves issuers of debt are modeled using another credit as a benchmark for their credit risk. Their default may or may not be correlated with the benchmark.
- Recognizes that the liquidity of the debt markets and the equity markets impact market prices and that this impact should not be mistaken for a change in default probabilities.
- Introduces a seventh KRM yield curve smoothing method, maximum smoothness credit spread smoothing. Maximum smoothness credit spread smoothing, along with the Jarrow liquidity adjustment, reveals expected losses implied by debt prices with great clarity
- Models credit-adjusted value at risk with the true “two humped” probability distribution that results when issuers of debt are truly in distress.
- Shows the impact of default on value at risk, even with diversification, in a way that makes clear why there are fat “tails” in the true loss distribution.
- Produces default probabilities without reliance on unobservable factors like “the expected return on the market portfolio” or the correlation between two unobservable variables (both of which are necessary in using the Merton model to calculate default probabilities)
- Provides true credit-adjusted mark to market gains or losses and expected losses, not just replacement cost times the expected loss given default.
Cost and Efficiency
Kamakura delivers integrated solutions in a singular software offering. This integration is lucrative from a cost and efficiency standpoint and crucial for true and effective enterprise wide risk management. Kamakura Corporation is the first software company in the world to provide a single, fully integrated software package that performs critical functions previously requiring multiple vendors.
All the information and visuals were retrieved from Kamakura Corporation's official website.
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