James River Capital Is Reshaping Leadership

KP Futures Management Corp. was found in 1986 and its purpose was to be the department of alternative investment for Kidder, Peabody & Co., Inc. also simply known as Kidder. In 1995, KP Futures Management Corp. had changed it’s purpose and became a firm that dealt with independent investments. And that’s when it became James River Capital. Since then, this company has been registered as an advisory for investments for the SEC. Paul Saunders, who was a senior officer in Futures Management Corp., became Kidder’s Managing Director in 1989. It was Saunders along with Kevin Brandt who a obtained the business from Kidder. Upon the name change, Saunders became the CEO as well as the founder. Paul Saunders went the University of Virginia and got his B.A. in 1977. He also attended the University of Chicago so he could get his M.B.A. in 1979. James River Capital gives customers in the U.S. trading for commodity, many types of advisories, and multiple investment services. Information and Personel. Learn more: https://www.crunchbase.com/organization/james-river-capital

James River Capital has been very successful with management products that are worth $570 million. And it’s still growing today. On September 14, 2018, this company made a post on its blog site on how to improve ones leadership skills with three changes. This was discovered by researchers for a lot of companies. They did a lot digging to determine what are the best strategies for leading a team and company. These three changes are simple and will greatly improve the style of how you lead. One change is supporting your team and not really leading them. It’s never good to be bossy or just be the guy telling everyone what to do. You want to support and motivate everyone member of the team. This will greatly improve how you interact with them. The second change is there has to be good escalation for communication. The employees and team members need to feel like they can come to the leader and/or supervisor, if and when they have an issue that needs to be addressed. If they’re too scared to talk to the person in charge, then they won’t. And that will lead to a communication problem, which is not good for any team or company. The leader needs to make sure that the team members know that it’s safe to talk to him or her. The third change is letting everyone voice their opinion on the matters of the team and company. Letting everyone have a say on topics could very well help the goal of the team and lead to great success. Making these three changes can greatly benefit all leaders and help their team and company reach their goals. Leadership Style

 

Technology Makes It Easier To Send And Transfer Money with PSI Pay and Western Union

Recently, PSI Pay and Western Union reached and agreement to form an easier way for consumers to send and receive money. Currently, Western Union is in almost 180 countries. With that being said, Western Union can link businesses all over the world. If money is exchanged, it is evaluated and transferred into that country’s capital dollar. For instance, American dollars can be transferred to Euros.

 

Futuristically, Western Union plans to team up with PSI Pay to allow different countries to send money or receive money through a mobile app. With money being exchanged, Western Union grew globally because of how accurate their work is to consumers and businesses. Ironically, the company realizes that their services are needed throughout the world and plan to continue to expand.

As far as PSI-Pay, they also use Western Union to transfer monetary value among senders and receivers. For example, PSI Pay creates a safer environment for a person that is using their own personal identity. In other words, if money is transferred through a credit card, PSI Pay is used.

 

Ideally, these companies enjoy allowing consumers to use contactless payments in which they can send money as often times as they want for a certain rate (2018). In turn, this is easier for students that are studying abroad to receive money, and family members that are out-of-town on business can receive money this way as well. Overall, consumers gain the convenience of using PSI Pay and Western Union no matter where they are in the world. In reality, companies will grow because of the process, and people will gain trust in banks again. In conclusion, there is no competition out there that have combined the two different ways to pay and send money. As a result of this way of banking, Western Union and PSI Pay have plans to make fees affordable to consumers forever.

 

 

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