Ferhan Patel

The Crypto Currency world in the US is heating up with a new report released by the US AG which took an in-depth look at 13 exchangers.  It detailed all the ways the exchanges could fail to protect their customers against scams, fraud, deceit and manipulation.   The New York AG sent a voluntary questionnaire earlier in the year to those exchangers, and most responded back with the exception of 4.   Binance Limited, Gate.io,  Huobi  Global Limited, and Kraken. You can read more at: Ferhan Patel

Everyone falls into a rut at some point in their life. It’s easy when you follow the same routine — work, dinner, sleep, repeat. Yet, following the same pattern for too long without variation can cause a lack of motivation and inspiration. As entrepreneurs, we need these qualities every day to keep us striving to bring the world our product or service. We know we have the tools and process to make it happen, but we’re missing the drive. If you ever find yourself falling into this mindset, check out these three websites, which may bring you back to the driven, successful individual you know you are. TED TED Talks  have blown up in recent years and are a great way to hear about topics you’d never think to look into yourself. From humanitarian struggles to entrepreneurial successes and so much more, TED gives us presentations from people in dozens of sectors with a wide variety of experiences. There are categories in any field, so if you’re looking for a motivational speaker i...

Each season, people look for ways to save more money than they did the previous season. Luckily, there are tons of ways to avoid overspending and grow your savings account. Here are my top five ways to save this fall. Budget for the Holidays The last quarter of the year is often the time we spend the most money. There are numerous holidays that require us to spend exorbitant amounts of cash, so  budgeting  is huge. Create a list of people you need to buy gifts for, or for holiday meals and other activities. Then, figure out how much you’ll have to spend on everything. Once you have your grand total for the holidays, split it up based off of importance. Buying your mom a thoughtful gift is more important than buying your third cousin twice removed a gift card they may or may not use. Cut out any unnecessary expenses, and consider ways you can reduce gift costs (such as going in on gifts with other people). Then, stick to it. A budget is worthless if you don’t fol...

Amazon , once holding a monopoly over the online marketplace, is now slowly losing business in 2017 to a large gamut of companies following in their footsteps.  These companies now offer most of their products online, as well as in stores, for people to have more options.  What’s more is that brick and mortar stores can, at times, run out of products shoppers wish to obtain. One such company that is particularly making a name for itself is Walmart .  Business Insider noted that Walmart now seems to be Amazon’s number one competitor.  In the battle for stealing business from Amazon, Google and Walmart have partnered up . Walmart has a patent in for a floating distribution center . And, online buyers are taking notice, helping Walmart to be neck-in-neck with Amazon in the stock market . To take it to the next level, Walmart acquired Jet.com , exploding their reach and revenue. This massive move has helped Walmart increase the number of products shipped by 6...

In this digital age we live in, time never slows down.  Life is always seems like it wants to rush forward without fully thinking through the implications of possible missteps or failures.  If you want to get a handle of your professional schedule and ideas, as well as show people you are good to your word, it is essential that you either (a) hire an assistant or (b) organize your life in a replicable, sustainable, and systematic manner.  If you even want to consider the possibility of hiring an assistant, here are some things that might happen to you that can indicate you need to hire an assistant. 1 - You are missing appointments, meetings, or get togethers. When you do not keep an organized calendar, there are numerous ways to end up ruining relationships.  If you tell someone you are going to be somewhere and you either (a) don’t show up or (b) have to cancel the event after committing to it, you are receiving a tell tale sign that you need to change how you ...

This blog was originally posted on here: Ferhan Patel's Technology Website --- Fifty years ago, people expected to pay with cash more often than not when they went to purchase a product or service. Nowadays, the world of payment is entirely different. Because we have the internet at our beck and call at all hours of the day from numerous different types of devices, whether they are handheld or desktop devices, people’s expectations have skyrocketed of companies both large and small. This new found sense of urgency in gaining information and completing previously complex tasks in seconds from anywhere in the world has proven to improve business’ abilities to meet customer needs in new and profitable ways. On the contrary, this has also costed some companies their competitive edge. Because people have a much smaller tolerance for delayed gratification, it is only getting harder for companies, particularly smaller companies, to stay relevant. Customers, although well meaning, ...

This blog was originally posted here: Ferhan Patel's Technology Website --- As technology has exponentially improved over the past century, payment methods have improved, as well.  With the “FinTech,” or Financial Technology, industry booming, customers have been increasingly impressed and provided for by some of the tools FinTech companies have created. Scheduling Meetings Whenever someone wants to meet with a banker, for example, the usual process goes something like this: A customer walks into a bank, waits in line, and/or waits for the next banker to be available.  There is no guaranteeing how long a customer will have to wait, and this can be quite inconvenient for customers.  So, a handful of banks, such like Wells Fargo, are now allowing customers to make consultations with bankers online.  This makes the process of working with a bank much shorter and more convenient for customers. Virtual Tellers Virtual tellers are now being provided by Banc...

If you want control of your online brand, then you want to pay attention. Here are a simple two steps to taking control of your Google Search Results (GSRs) and, thereby, control how people see you online. 1) Identify the websites and social media profiles that you want to rank highly. What websites are yours? Create anywhere from one to three websites for your use. Make each website have a topic you write around. These topics could range from professional topics, such as entrepreneurship and technology, to personal topics, such as travel or sports. These websites should have drastically different topics, however. In the least, they should be different enough that someone could tell the difference between them by looking at the content you post on the sites. Write anywhere from one to four blogs per month on the sites. If you have negative search results that you are looking to suppress in the GSRs, then I would recommend posting closer to four blogs per month. If you are looking...

These character traits are typical of an entrepreneur. They are not exclusive to entrepreneurs, however, and are important to look out for in employees that entrepreneurs hire. If a person exhibits these character traits, he/she will absolutely succeed in his/her career, no matter what it is. Innovative This kind of person is always trying to be on the brink of something fabulous. The keyword here is, “trying.” He/she may not always have a new idea, but he/she is aware of opportunities for improvement when he/she sees it. A company does well when its employees are coming up with ways to standardize processes and constructively fix what doesn’t work. Innovative people are coming up with something new every chance they can get. Determined Someone who is determined is willing to take risks to his/her own personal comfort. He/she is willing to put in the work required to make a job get done right. These people do not stop at trying to make things better. Here is that word, “trying”...

The financial technology, or FinTech, industry has been spreading over the course of the past decade, and it is only getting bigger. Using technology to organize and control finance used to be just an idea, but is now used by big banks and Wall Street firms. Banks have even begun investing in FinTech startups in order to get ahead of competitors, by receiving the latest innovative product before anybody else. Unfortunately, this explosion of FinTech in big banks and investment firms has made smaller companies struggle. However, that is beginning to change. Startup companies focused on FinTech are now seeking out smaller community banks that are thinking about going national. The banks want to become relevant in the digital age, and the startup companies want more business. Technically, this arrangement works for everyone. It is also arriving at a time in which the Federal Reserve is making decisions that will detrimentally affect small banks. The Federal Reserve wants to work on ...

CES, or the Consumer Electronics Show, is an annual electronics trade show that has been running for 48 years. It is a haven for professionals and companies to get the inside scoop on technological innovations of the year, and things that are being made in the near future. This year’s show was held, as always, in Las Vegas, Nevada. It featured technological devices of all functionalities. Below, I have listed 6 of my favorites. Polaroid Zip This is a small device that can connect to your smartphone to print out pictures on the spot. Polaroid was inspired by FujiFilm’s Instax printer with this product, and it has become widely popular. The Polaroid Zip boasts about being able to print pictures on a smartphone or nearby device in 60 seconds or less. The pictures this device produces are in full color, made without ink or toner. Glagla Digitsole The Glagla Digitsole doubles as a heated insole and a fitness tracker. It is is rechargeable, via a USB connection and uses bluetoo...

LONDON, UNITED KINGDOM – September 25, 2015 – MH Pillars Ltd.’s Board of Directors announced today that Ferhan Patel has resigned as Payza.com’s Chief Compliance Officer (CCO) and Director of Global Risk and Compliance. In his statement to the Board, Patel expressed his appreciation for the support and opportunities he received during his time at Payza. The Board thanked Mr. Patel for his hard work and dedication. Ferhan Patel had been the company’s CCO since July 2013 and managed the risk, fraud and compliance departments. His unique experience in marketing, compliance and product design helped to ensure that customer experience was taken into account for all compliance processes at every stage of the product lifecycle, rather than merely being tacked on as an afterthought. He developed and implemented Payza’s global AML/CTF, compliance, fraud, and risk mitigation policies. As CCO, Patel designed and developed Payza’s compliance engine to automate the internal cooperation be...

Big news on the Paypal/Ebay front.  Exciting time in the FinTech space. Ferhan Patel -----------------------------------------------------------------------------   PayPal and eBay are set to go their separate ways this week. The online retail giant issued a brief update about the separation on Monday after obtaining approval for the split from the European Central Bank. Thus, the separation is on track to be completed on Friday, July 17 at 11:59 PM ET. PayPal will begin trading standalone stock next Monday, July 20 with an estimated $45 opening target price, according to MarketWatch. EBay confirmed plans to spin of its mobile payments subsidiary into a separate publicly traded company last September following months of speculation -- much of which came as a result of some very public criticism from shareholder and prominent financier Carl Icahn. PayPal has since made a number of public announcements and moves to strengthen its brand in the eyes of b...

Ferhan Patel's Note: Clinkle has always been a mystery to me.  It was in stealth mode for the longest time and when it launched, it left a lot to be desired.  The full story by Alyson Shontell The week after Thanksgiving, 40 Clinkle employees gathered in the kitchen of their San Francisco office. It was the second time in two days they’d been called together for an all-hands meeting. One day prior, Duplan had proudly announced a new hire, Chi-Chao Chang. A former Yahoo and xAd executive, Chang was Clinkle’s new vice president of engineering. It was a position recruiters had been trying to fill for months, and Chang had come highly recommended by former Yahoo CEO, Carol Bartz. The soft-spoken engineer had stood up and shared a few words about his background. He said he was excited to be joining Clinkle. Now, just 24 hours later, Chang was nowhere to be seen. Duplan cleared his throat, nervously shifting his weight. “Chi-Chao has left Clinkle,” he annou...