GreenSky Credit Is Changing The Way People Borrow Money

GreenSky Credit is the idea of its CEO and majority owner David Zalik. He has come up with an idea that is changing how people borrow money for home improvements. The idea will carry over into other areas as Zalik moves GreenSky Credit to areas such as elective medical and dental procedures. Anywhere that people have an expense they cannot pay in full immediately but are in need or want the service. Zalik has tapped into that market with a business plan that makes it easy for the borrower, good business sense for the business supplying the product, and very profitable for Zalik and his company.

David Zalik lived in Auburn, Alabama where his father was a teacher. At the end of junior high school, Zalik scored high on a college admissions test. He then skipped high school and started taking courses at the university. This lasted until he decided to go into business for himself. The time needed for his business left no time for school so he dropped out. It turned out to be a wise decision in the long run as GreenSky Credit has made David Zalik a billionaire. He did not go straight from college to GreenSky. He has other businesses along the way that were a prelude to his current success story.

The business plan of GreenSky Credit is both simple and brilliant. Zalik enlists contractors who do home improvements. He provides them with an app that produces almost instant financing for a homeowner. The contractor presents a proposal for a home improvement to the owner who then says they do not have the cash to pay for the work. The contractor then uses the app to get approval for the loan which is provided by a financial institution. GreenSky Credit gets a fee from both the contractor and financial institution for being the middle man, but does not have to loan any of its own money.

David Zalik sees GreenSky Credit growing in the future by signing up more contractors, and expanding the company’s reach into areas like medical procedures not covered by insurance. The future is bright for anything Zalik touches.


Class Dojo Communication Platform

One great field that is doing exceptionally well is Educational Technology. Some entrepreneurs take the notion in their head that if they build it they will come. The best course of action is to try to research and anticipate the needs and desires of those in the educational system. It’s been a record breaking year for certain people in the Educational Technology industry. This is especially true for those entrepreneurs that designed a bit of technology that that directly met the needs of teachers, parents and students. For example, ClassDojo has succeeded because they listened and created a communication platform for creating community within the school.

ClassDojo’s Success

Why is ClassDojo succeeding in the Educational Technology Industry? Class Dojo is succeeding because co-founder Sam Chaudhary actually listened to teachers, parents, and students while he was in the process of designing the communication platform that is responsible for ground up change within the school system. ClassDojo is a communication platform that makes it possible for parents and teachers to communicate about a student’s progress outside of school, instead of only at the traditional parent teacher conference that is held once or twice a year.

About Class Dojo

The surprising fact is that ClassDojo is a break-through development that took the educational system by storm. Their communication platform has made it extremely easy for schools, parents, and teachers to stay aware of the child’s progress in school. Another wonderful fact is that the ClassDojo platform is now used in about 90 percent of the K-8 schools in the United States. The platform creates a positive culture with classrooms and schools all across the country.

Teachers are able to quickly communicate and encourage students for a job well done via the platform. Students are able to share their lessons learned through videos and sharing their own content. Parents are able to easily keep up with their child’s progress in school.

Incredible Products from OneLogin to Maintain Security

Thomas and Christian Pedersen founded OneLogin and Zendesk a help desk application. OneLogin products target businesses moving to cloud computing. They came up with identity and access management solutions. OneLogin was opened in 2010 during the spring. CRV has backed it up, and it collaborates with SaaS vendors. The security company has garnered the reputation in the security sector across the world.

Security companies are using these methods to safeguard their client’s interest.

Biometric Opportunity

Biometric can be behavioral or physiological biometrics. Behavioral biometrics comprises of factors like right or left handedness, navigation patterns, hand tremor, and keystroke dynamics. Physiological biometrics, on the other hand, includes everything from heartbeat, fingerprints, voice, and iris pattern recognition. Companies need to use these approaches with other data like device data or physiological biometrics.

Security professionals should find the perfect combinations of behavioral biometrics, password authentication, and physiological biometrics. They should work on enhancing a general company identity and access management approach. Google, for instance, is taking things further with applications that combine the two types of biometrics to lower the passwords usage rate.

Biometrics Challenges

Biometric authentication in a business environment assumes that all workers have access to the biometric readers. Most of the firms cannot afford to give each staff access to a physiological or behavioral biometric reader.

Entities ought to consider the biometric kind or combinations technologies to implement as an authentication form. In the current world, cyber hackers can still interfere with the fingerprints. Dirt, smudges, oils, and wear and tear are likely to compromise the devices. Mechanisms used for authentication are sensitive that blisters, calluses, burns, and cuts inhibit information access.

Another major challenge entrepreneur faces when managing the devices is being used to receiving secure data. Biometric readers must be available on desktops, mobiles, tablets, and wearable.

Privacy Issues

Deskless devices cause obstacles to the security professionals. It is hard to protect a system used by virtual workers as they are not in one particular place. Security experts need to come up with a way to authenticate employees outside the workstation. Identity and access management and enterprise mobility management are the solutions to these conditions.