Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 312

Posts Tagged ‘allied’

Allied Wallet China Reaches 200 Million eWallet Users Worldwide

Posted by fidest press agency su mercoledì, 1 gennaio 2020

Allied Wallet China, an Asia-based division of Allied Wallet providing online payment processing, and Founder Andy Khawaja recently celebrated reaching over 200 million eWallet users for their digital wallet e-commerce solution.Allied Wallet China and its merchants saw a busy holiday season with a 27% increase in sales, and many users around the world have signed up for their very own eWallet.Digital wallet solutions have been adopted into e-commerce in Asia and abroad as a simple, secure way to shop online. Business owners enjoy it because it speeds up the checkout process, and consumers love it for the convenience and security. Worldpay’s 2018 Global Payment Report says that mobile payments will continue to rise and will be the second most common payment method, second to only debit cards, by 2022. The demand for digital wallets and convenient mobile payments is especially common in China, Mongolia, Brazil, and Kenya.“Smartphones have been the primary way most people have access to the internet around the world, and these people need a safe, simple way to shop while they are online. We are filling this need,” said Founder Andy Khawaja.China leads the world in mobile and digital wallet payments while the rest of the world follows.
“We are on our way to become a cashless society with less borders when it comes to shopping and trade. Many people around the world don’t have a bank account or debit card or credit cards. Our eWallet gives everyone a means to shop safely online,” Andy Khawaja added.According to Visa Europe, millennials are driving the digital payment revolution with 92% of the tech-savvy generation saying they’ll adopt the technology by 2020.Paymentscardsandmobile.com says, “By 2022, it’s estimated that the transaction value of mobile payment apps will reach nearly $14 trillion illustrating the fast-pace of the industry.”Allied Wallet China proudly reached this new milestone of 200 million users and is confident in their ability to fulfill the demand for safe, secure digital payments and eWallet solutions.

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Allied Wallet China and Founder Andy Khawaja Plan

Posted by fidest press agency su mercoledì, 25 dicembre 2019

Wallet China, an Asia-based division of Allied Wallet providing online payment processing, and Founder Andy Khawaja plan to implement blockchain technology in their payment processing solutions to provide safer, streamlined, lower cost payment processing.
Blockchain technology is growing increasingly promising for the payment processing industry, and Allied Wallet China is at the forefront of this new shift in the way people will transact.Blockchain payments can be made virtually in real-time, and payments can be issued in seconds rather than days. This is especially helpful in cross-border payments which can take several days. The technology not only allows companies to become more agile and responsive, but lowers the cost with less transfer fees and typical costs of trade associated with payment processing.Allied Wallet China is implementing this innovative blockchain technology to improve payment processing solutions, making payments quicker with less fees.A major capability of blockchain is its ability to use “smart contracts.” Smart contracts are self-executing programs that can automatically execute payments or other actions when specific conditions are met. This is especially helpful in e-commerce. Processes can be sped up when payments are automatically issued when it is verified that a customer received their products/services.“This is the future of payments. It will allow us to provide even better payment processing solutions for business owners and consumers. Even IBM is working on a blockchain system; they say it will reduce one of their processes from 44 days to 10. This is innovation and we want to continue to lead our industry,” said Founder Andy Khawaja.“We’re excited to implement blockchain technology into our products and provide even safer, quicker, cost-efficient payment solutions,” Andy Khawaja added.Because blockchain transactions are so low cost, this new technology could shift the way people consume media. Blockgeeks.com claims that this may even make subscription and streaming services irrelevant due to the ability to such low transaction costs associated with blockchain.All industries must evolve and blockchain technology certainly will change the way we transact, lowering the costs for business owners and eventually consumers. Allied Wallet China proudly announced that they will be implementing this lower cost, secure technology within their services in summer of 2020.

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Allied Wallet Reaches 1,000 Live Merchants in Thailand

Posted by fidest press agency su giovedì, 19 dicembre 2019

Allied Wallet Inc, a globally leading provider of mainstream online payment processing, and Founder Andy Khawaja recently reached 1,000 live merchants in Thailand after opening a new office in Bangkok to support the growing demand.The demand and adoption of e-commerce in Thailand has seen steady growth thanks to the support of the Thai government. Their “Thailand 4.0” policy allocates a budget to construct a broadband network for villages across the country.As one of the largest e-commerce markets in Southeast Asia, the region needed support for its new and existing online businesses. Andy Khawaja and Allied Wallet opened a Bangkok office to support these business owners and their need for secure payment processing.Recently, Allied Wallet reached over 1,000 merchants and this is due, in large part, to the fact that they accept and process the preferred payment options of the region such as PAYSBUY, 123, TrueMoney, and Easy2Pay.Between these cash-based, bank transfer type payments and e-wallet type solutions as well as other major payment options, Thai online shoppers and merchants are finding their e-commerce needs fulfilled with Allied Wallet.Dr. Andy Khawaja, Allied Wallet’s Founder, commented, “We’re very happy to be able to support e-commerce growth in the region. We pride ourselves on our ability to connect business owners and consumers across the world.”Founder Andy Khawaja added, “This new milestone in Thailand is a sign that we’re doing something right, and we’re very happy for the support that Thailand has shown us.”They expect to see continued growth and success in Thailand and welcome new business owners to see why they are a leading payment solution in Southeast Asia.

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Allied Motion Declares Quarterly Cash Dividend

Posted by fidest press agency su lunedì, 4 novembre 2019

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that its Board of Directors, at its meeting today, approved a quarterly cash dividend payment of $0.03 per share. The dividend will be payable on November 27, 2019 to stockholders of record as of the close of business on November 14, 2019. Allied Motion has approximately 9.6 million shares of its common stock outstanding.
Allied Motion (Nasdaq: AMOT) designs, manufactures and sells precision and specialty controlled motion products and solutions used in a broad range of industries within our major served markets, which include Vehicle, Medical, Aerospace & Defense, and Industrial. The Company is headquartered in Amherst, NY, has global operations and sells into markets across the United States, Canada, South America, Europe and Asia.Allied Motion is focused on controlled motion applications and is known worldwide for its expertise in electro-magnetic, mechanical and electronic motion technology. Its products include brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gear motors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues, and other controlled motion-related products. The Company’s growth strategy is focused on being the controlled motion solutions leader in its selected target markets by leveraging its “technology/know how” to develop integrated precision solutions that utilize multiple Allied Motion technologies to “change the game” and create higher value solutions for its customers.

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Allied Wallet Africa Announces New Office in Angola to Support African Entrepreneurs

Posted by fidest press agency su giovedì, 15 agosto 2019

Allied Wallet Africa, a global FinTech company offering various payment solutions in 196 countries, recently announced a new office in Angola, Africa to support the growing opportunities for African entrepreneurs and business owners.
Millions of people are eager to engage in online commerce, but lack the proper support and functionality. South Africa has the largest e-commerce market in the continent with Nigeria and Kenya following closely, and people of the region are eager to trade and transact in the new digital space.“Africa deserves the opportunity to participate in e-commerce, they deserve advancement,” said Allied Wallet Africa CEO Andy Khawaja, “…and we are happy to be chosen for this opportunity. We are dedicated to helping these entrepreneurs and creating new opportunities in the region.” Allied Wallet Africa will bring new, “open API” online payment solutions along with mobile payment options, digital wallet solutions, and even solutions catered to utility and payroll functions.With a new office and a staff of about fifty employees, Allied Wallet Africa will accommodate the region and share new technology with a population 1.3 billion.Eshopworld.com reports that Africa has a growing middle class and a year on year increase of 265% in e-commerce growth. McKinsey Global Institute projected that e-commerce will be worth $75 billion in Africa’s leading economies by 2025.Allied Wallet Africa proudly announced their commitment to the region’s digital growth and its mission to improve Africa’s digital infrastructure and previously undeveloped payment processing system.Dr. Andy Khawaja added, “Africa is full of opportunity and smart entrepreneurs that deserve access to new e-commerce tools. It’s our goal to connect Africa – to further connect them as a continent and to further connect them to the world in our growing digital space.”

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Allied Wallet Africa Integrates with PrestaShop, Providing State-of-the-Art Payment Solutions

Posted by fidest press agency su mercoledì, 14 agosto 2019

Allied Wallet Africa, a global FinTech company offering various payment solutions in 196 countries, recently announced an integration with PrestaShop.PrestaShop offers e-commerce management solutions in over 150 countries. PrestaShop is translated in 41 different languages, active in over 115,000 stores, and stands as one of the world’s best e-commerce, shopping cart solutions.Merchants will enjoy a simple integration process that links more than 275 PrestaShop features with Allied Wallet Africa, enabling merchants to accept Visa, MasterCard, JCB, Discover, American Express, China UnionPay, Maestro, Diners Club, and much more.Allied Wallet Africa’s award-winning gateway and PrestaShop’s award-winning application function together seamlessly, enabling any PrestaShop merchant to run a dependable online store that will service sales and perpetuate profitability.PrestaShop users will find sales boosted while experiencing improved conversion rates with features like Allied Wallet Africa’s customizable fraud scrub technology and 24/7 customer support. Together, Allied Wallet Africa and PrestaShop will offer more opportunity to entrepreneurs all over the world.Andy Khawaja, CEO of Allied Wallet Africa, stated, “I am proud to partner with a company like PrestaShop. Together, we’ll offer merchants the top-of-the-line solution that they deserve.” The Allied Wallet Africa and PrestaShop integration is sure to shape the future of e-commerce solutions by offering the tools of today while simplifying the tasks of tomorrow.

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Allied Wallet Africa Integrates with 3dcart to Support Global E-Commerce

Posted by fidest press agency su martedì, 13 agosto 2019

Allied Wallet Africa, a global FinTech company offering various payment solutions in 196 countries, recently announced an integration with 3dcart to provide a more comprehensive solution for merchants.3dcart’s software enables users to build, adjust, and maintain an online store without any programming or HTML knowledge. 3dcart can be used in conjunction with Allied Wallet Africa to streamline business online and shares their mission to simplify online retail for their customers.Allied Wallet Africa has taken note of the technical aspects involved with acquiring a payment solution and has taken steps to simplify the process. The service provider offers free integration upon the request of any prospective, online merchant for no additional charge; and amongst their varying initiatives, Allied Wallet Africa offers this free integration as another means to assist their merchants.“We want our merchants to be successful. We want them to be profitable and we’ll do what we can to perpetuate their success,” said Andy Khawaja, CEO of Allied Wallet Africa, “This partnership with 3dcart will simplify the process of starting an online business and we couldn’t be more excited for the things that are to come.” Allied Wallet Africa and 3dcart’s solutions collectively boast decades of experience; and in many areas, they have exerted overlapping focus.The integration of Allied Wallet Africa’s merchant services solutions with the 3dcart software will provide a smooth and seamless process and benefit business owners around the world.

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Allied Wallet Africa Announces Integration with J2Store

Posted by fidest press agency su martedì, 13 agosto 2019

Allied Wallet Africa, a global FinTech company offering various payment solutions in 196 countries, is pleased to announce a new integration with J2Store, a powerful, mobile-friendly Joomla shopping cart and e-commerce solution.Allied Wallet Africa’s wide set of payment solutions are now integrated with J2Store to provide new opportunities for merchants all over the world.Allied Wallet Africa’s international payment solutions enable online business owners to accept 164 currencies globally and receive payouts directly into their bank accounts.
With security measures beyond industry standards, Allied Wallet Africa protects online transactions for merchants and their customers, while reducing chargebacks and fraudulent transactions.“We’re excited to add J2Store to our list of supported shopping carts,” said Allied Wallet CEO Andy Khawaja.“Allied Wallet Africa is doing all that we can to provide merchants with more options and functionality than they currently have available. The integration with J2Store will make a first-rate e-commerce solution available to even more users,” he added.J2Store offers a powerful, responsive, and mobile-friendly e-commerce shopping cart solution with no overhead and a simple setup process.The integration between Allied Wallet Africa and J2Store enables merchants to get their online store up and running with no setup fee in as little as 12 hours.Allied Wallet Africa is excited to offer new opportunities to merchants with this new e-commerce shopping cart integration.

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Allied Wallet Pushes New Point of Sale Product on Sunset Boulevard Billboards

Posted by fidest press agency su martedì, 28 agosto 2018

Allied Wallet, a globally leading provider of mainstream online payment processing, multi-currency merchant services, and a PCI Level 1 secured payment gateway, recently released a large advertising campaign on Los Angeles’ famous ‘Sunset Boulevard’ just steps from its Los Angeles office to promote its new state-of-the-art point of sale solution.
In the heart of the world famous “Sunset Plaza,” Allied Wallet has leased two sleek billboards to spread the word on its ‘SWIPE’ solution that allows users to accept payments with a simpler, smaller, chip-enabled device.With Allied Wallet’s SWIPE app and their plug-and-play device, anyone can become a business owner and accept payments on their phone – whether you have a brick and mortar storefront or you have a home business accepting credit or debit cards could not be simpler.“In a world that has completely adopted digital payments, we are bringing a new product to the market that more securely protects millions of business owners and consumers alike,” said Dr. Andy Khawaja – CEO of Allied Wallet, “… our new credit card terminal can be used by brick and mortar stores like restaurants, supermarkets, and hotels, but we also have a solution for home business owners. All you have to do is download our app and plug in our device and you’re in business.” Allied Wallet has taken the most popular and innovative payment methods and services and combined them into one all-inclusive service. From billion-dollar enterprises to family-owned restaurants and even small independent clothing companies, Allied Wallet makes it simpler for all businesses to accept payments anytime and anywhere and also allows them more scalability.Allied Wallet executives have stated that their new boulevard billboards are already driving massive exposure for this new product, and they look forward to providing the best point-of-sale services possible for businesses in the United States and Europe with a focus on major metropolitan cities including: Los Angeles, New York City, London, and Frankfurt.

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Real Estate Express Announces Strategic Acquisition of Allied Real Estate Schools

Posted by fidest press agency su sabato, 30 giugno 2018

Real Estate Express, the national leader in online pre-licensing real estate education, today announced that the company has acquired Allied Schools, the market leader of online real estate education in California.“The acquisition of Allied Schools allows us to combine our interactive online learning experience with Allied’s market expertise to offer aspiring agents quality education backed by industry-leading pass rates,” said Tom Davidson, General Manager, Real Estate Education, Colibri Group. “With Allied’s strong presence in California and focus on real estate licensing, it is a perfect fit for Real Estate Express.”Real Estate Express, along with McKissock and The Institute for Luxury Home Marketing, is part of the family of brands under Colibri Group, an online education company that provides learning solutions to licensed professionals.Headquartered in Laguna Beach, California, Allied Schools has been changing lives and fueling dreams for 26 years. The company serves the pre-licensing and continuing education (CE) markets across real estate, appraisal and mortgage lending professions with online-based education. “We look forward to providing Allied customers the same great service they’ve grown to expect,” continued Davidson, “as well as our enhanced service offerings, including Live Q&A, Smart Bites learning methodology, and a Pass or Don’t Pay Guarantee.”

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Dr. Andy Khawaja of Allied Wallet is Recognized as WWBR’s 2017 CEO of the Year

Posted by fidest press agency su martedì, 19 dicembre 2017

andy-khawajaDr. Andy Khawaja, CEO of Allied Wallet – an award-winning provider of global payment services including online payment processing, mobile, and prepaid card services, was recently featured as 2017’s CEO of the Year on the cover of Worldwide Business Review.Allied Wallet has seen multi-billion-dollar success and only continues to grow, due in part to the guidance and leadership of its fearlessly innovative CEO. Dr. Andy Khawaja is featured on the cover of Worldwide Business Review in an article entitled, “The Man Behind the Virtual World.”Dr. Khawaja’s hands-on approach has enabled him to gain powerful insights into how to provide better for his team, his customers, and even the customers of his merchants.“… I decided to work with my staff to ensure that they feel comfortable with me and that I am one of them,” said Dr. Khawaja.Allied Wallet is continually ranked as one of the best companies to work for in the world, and Dr. Khawaja prides himself on providing a positive work environment.
It is also very important to him that he provides the best solution for his customers and consumers all over the world.When asked about the best thing about being a CEO, Khawaja told WWBR, “…it is about seeing things done correctly…ensuring that [we] are achieving goals and that our merchants are doing the same. The merchants must have reliable services, something that I can provide so that makes me feel proud of myself, the company, and my team.”Year after year, Dr. Andy Khawaja is recognized as a top CEO in the world for his accomplishments and his dedication to his company. Allied Wallet is repeatedly recognized for their top-rated payment services.Clearly, the two are correlated and Allied Wallet will continue to see multi-billion-dollar success in the new year. (photo: andy-khawaja)

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Allied World Reports 6.7% Growth in Diluted Book Value per Share with Strong First Quarter 2012 Results

Posted by fidest press agency su giovedì, 3 maggio 2012

Zug, Switzerland, (PRNewswire) Allied World Assurance Company Holdings, AG (NYSE: AWH) today reported net income of $218.2 million, or $5.70 per diluted share, for the first quarter of 2012 compared to net income of $8.6 million, or $0.21 per diluted share, for the first quarter of 2011. The company reported operating income of $91.5 million, or $2.39 per diluted share, for the first quarter of 2012, compared to an operating loss of $41.3 million, or $1.02 per diluted share, for the first quarter of 2011. President and Chief Executive Officer Scott Carmilani commented, “Allied World had a strong first quarter with gross premiums exceeding $680 million for the first time, an increase of over 21%, or $120 million, from the same quarter last year. This is a direct result of the investments we have made in underwriting talent and operating platforms during the last few years. Premiums in our reinsurance segment alone were up $97 million for the quarter, driven by our global marine and specialty unit that was launched in late 2010.”
Gross premiums written were $680.9 million in the first quarter of 2012, a 21.4% increase compared to $560.7 million in the first quarter of 2011. Net premiums written were $588.9 million in the first quarter of 2012, a 22.5% increase compared to $480.9 million in the first quarter of 2011. Net premiums earned in the first quarter of 2012 were $401.9 million, a 20% increase compared to $334.9 million in the first quarter of 2011.
The combined ratio was 85.2% in the first quarter of 2012 compared to 122.6% in the first quarter of 2011. The loss and loss expense ratio was 56.0% in the first quarter of 2012 compared to 90.9% in the first quarter of 2011. During the first quarter of 2012, the company recorded net favorable reserve development on prior loss years of $39.5 million. This favorable reserve development resulted in a benefit of 9.8 percentage points to the company’s loss and loss expense ratio for the quarter. This compares to the first quarter of 2011, when the company recorded net favorable reserve development on prior loss years of $44.3 million, a benefit of 13.2 percentage points to the company’s loss and loss expense ratio for that quarter. Absent these adjustments, the loss and loss expense ratio for the first quarter of 2012 was 65.8% compared to 104.1% for the first quarter of 2011. During the first quarter 2012, the company recorded no catastrophe losses related to 2012 events. The first quarter 2011 loss and loss expense ratio was impacted by $132.2 million of net losses, or 39.5 percentage points, from global catastrophe events during the quarter.
The company’s expense ratio was 29.2% for the first quarter of 2012 compared to 31.7% for the first quarter of 2011.

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Top NATO Commander visits Maritime HQ, London

Posted by fidest press agency su domenica, 28 febbraio 2010

London.The Supreme Allied Commander Europe (known as SACEUR), Admiral James Stavridis yesterday visited NATO’s Maritime HQ based at Northwood, London.  SACEUR is the commanding officer of NATO’s Allied Command Operations (ACO). During his visit to Northwood HQ Admiral Stavridis received an update on NATO’s maritime counter piracy mission code-named Operation Ocean Shield, which sees NATO warships patrolling the waters off the Horn of Africa.  Afterwards the Admiral commented “how very proud he was” of the work Northwood HQ and the NATO warships are doing to combat the scourge of piracy.  During his visit Admiral Stavridis took the opportunity to update Northwood staff on wider NATO missions, including operations in Afghanistan.
Admiral James Stavridis took over this post July 1, 2009. He is responsible to NATO’s Military Committee, the highest military authority in NATO, for the overall direction and conduct of military operations for NATO. SACEUR, a United States Flag or General officer, leads all NATO military operations and is dual-hatted as Commander US European Command.  His command is exercised from the Supreme Headquarters Allied Powers Europe (SHAPE) at Casteau, Mons, Belgium.

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Denmark Assumes Command of Nato’s

Posted by fidest press agency su martedì, 26 gennaio 2010

London. The Standing NATO Maritime Group One (SNMG1) operational handover took place this afternoon in Muscat (Oman), where the outgoing Commander, Rear Admiral Pereira da Cunha, Portuguese Navy handed over Command to Commodore Christian Rune, Royal Danish Navy. Today’s handover also marked the change of command for NATO’s counter piracy operation Ocean Shield from Portugal to Denmark. During his year in Command, Admiral da Cunha spent 6 months in the Gulf of Aden in charge of NATO’s counter piracy missions, Operations Allied Protector and Ocean Shield.  Each year the command of SNMG1 is rotated and Denmark will have command throughout 2010 when the Group will be involved in the counter piracy mission, Operation Ocean Shield in the Gulf of Aden.

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