Business

Lower Interest Rate Enable Banks to Earn More in Interest Income, Experts Says

Published

6 years ago

July 16, 2019

CEO of Los Angles based investment advisor Chantico Global said that the Federal Reserve Bank is hinting that it will lower short-term rates later this month, which is good news for banks. By lowering the interest rate, banks would do best in the current rising interest rate environment. In this case, banks would earn more in the interest income. Spread between short and long term rates is widening after compressing them earlier this year. And this is continued in the bank’s profit.

In mid-march of this year, rates were compressing. Last ten years’ rate was 2.63% while the last two-year rate is 2.46%. The spread is narrower for the seven and one-year rates. Since then the spread has widened. Long term rates are at a healthy place relative to short term rates. As of 12th July, profit on the ten-year treasury is 2.12% as compared to 1.84% of the last two years; there is a spread of 28 basis points.

As the Federal bank is signaling to widen the spread, approach for banks would increase more, and net interest income is expected to increase again. Finansis is a relatively cheap loan provider finance company, which provides a cheap loan with a low-interest rate. One can take a minimum of $550 and a maximum $64,000 loan amount from Finansis, without security with a flexible repay period of 15 years. It provides a comparison service where you can get suggestions from popular banks which are providing the lowest interest rate.

Business

Geivon “E.G.” Cisneros Expands Zooly AI Into the NHL Playoffs

Published

2 days ago

May 4, 2025

Matthew Wiles

When the stakes are highest, innovation shines brightest. As the NHL Playoffs brought an electric energy to the ice, entrepreneur Geivon “E.G.” Cisneros and his tech company Zooly AI delivered a first-of-its-kind fan experience for the Tampa Bay Lightning, marking a pivotal moment in the evolution of real-time AI engagement in professional sports.

Leveraging Zooly’s flagship product, Photobomb, fans inside Amalie Arena during playoff games were given an entirely new way to connect with their team. With a simple QR code scan, spectators instantly received dynamic, personalized photos featuring the Lightning mascot ThunderBug, seamlessly inserted into their memories-no app download required, just pure surprise and delight.

In a setting where emotions run high and every moment matters, the Photobomb activation proved that artificial intelligence can enhance the magic of live events rather than distract from it. Fans flooded social media with their custom playoff memories, helping amplify the Lightning’s home-ice advantage beyond the rink and into the digital world.

“The playoffs are where legends are made,” said Geivon “E.G.” Cisneros, founder of Zooly AI. “It was important for us to show that AI can make these moments even more personal, not mechanical. We wanted fans to feel like they weren’t just spectators-they were part of the story.”

The activation drew massive engagement, with QR code scans and social shares surpassing expectations-proving that fans are eager for real-time, culturally connected experiences when the stakes are at their highest. For the Lightning, it deepened fan loyalty. For Zooly, it validated a vision: building the connective tissue between live emotion and intelligent digital interaction.

As Zooly AI continues expanding its footprint across professional sports, the Tampa Bay Lightning playoff activation stands as a landmark moment-one where culture, technology, and tradition collided under the brightest lights.

About Zooly:

Zooly AI is a next-gen artificial intelligence company redefining how fans, brands, and creators connect in real time. With products like Daily Vibes and Photobomb, Zooly blends culture, creativity, and technology to create unforgettable interactive moments. From arenas to digital campaigns, Zooly is powering the next generation of engagement.