Over the past few months, I’ve shared insights via our blog from my opening remarks during the 2015 TMG Executive Summit. In that talk, I discussed the unknowns community financial institutions (FIs) face when presented with exponential technology, rapid innovation and an unprecedented pace of change. When we explore the transformative macro trends reshaping our business, we are confronted with the question: What will it take to thrive in the future? Of course, there’s no single solution.Fortunately for us, the rapid evolution of the payments industry reveals the first step to survival — becoming a better version of ourselves. Change does not occur in one exponential leap in this industry, nor does anyone expect it to, presenting us with numerous opportunities to adapt. It truly will be an evolution, albeit a rapid one.Integration is key to the survival of dramatically changing ecosystems. You can see it in the way science is blending with technology; technology is blending with business; business is blending with science. The give and take, the collaboration, the synergy is what will ensure the organizations within each ecosystem can become the best possible versions of themselves.I would define TMG (The Members Group) as an integrator. Today, we collaborate with a great number of industry-leading partners to bring FIs the most sophisticated, accessible payments products and services. continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
The National Pawnbrokers Association is suing the Department of Defense over its Military Lending Act rule changes, asserting, among other things, that the DoD violated the Regulatory Flexibility Act by failing to consider the costs of compliance for small businesses.The pawnbrokers also alleged the DoD violated the Administrative Procedure Act by offering no justification for its new requirement that lenders verify a credit applicant’s status as a covered borrower and because the final rule was neither signed by the Secretary of Defense, the undersecretary or any other authorized officer of the U.S. The final rule was signed by a Federal Register liaison officer at the DoD.The pawnbrokers group and its members are seeking, among other things, a preliminary injunction barring the DoD from enforcing or applying the rule against pawn business until it considers the economic impact.The DoD revised its MLA rule last year, and it made all provisions except those specific to credit-card accounts effective this Oct. 3. Provisions for credit cards take effect Oct. 3, 2017. The revisions expand the scope of the MLA rule to cover virtually all unsecured lending, subjecting loans to the Military Annual Percentage Rate cap of 36 percent. MAPR will also include charges for most “add-on” products including various forms of credit insurance and credit-related ancillary products. continue reading » 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Artificial intelligence and machine learning are technologies developed by computer and data scientists. Data analysts have become key members of credit union staffs. Data scientists, however, are rare and expensive, so most credit unions rent them as needed instead of hiring them.Only the largest financial institutions are investing in employing true data scientists, says Kirk Kordeleski, senior managing partner and chief strategy officer at BiG Consulting, Long Island, New York. The rest are hiring data analysts with math and computing skills to run data mining and analysis activity—but at the manager level, not the executive level, he reports. They are technology users, not inventors. “You can’t hire a math major and turn him or her into a data scientist by sending them to a two-week school. Some credit unions are trying this, but they underestimate the complexity of the activity,” he insists.Hiring true data scientists is indeed a financial stretch for most CUs, agrees Sabeh Samaha, president/CEO of Samaha & Associates, Los Angeles. As such, they need to collaborate—to push vendors and organize credit union service organizations to develop AI products—so they can compete with what the very big banks are building, he advocates.
Player ratings- Advertisement – Premier League The hosts went straight onto the front foot and had already threatened through Phil Foden, Riyad Mahrez and Kevin De Bruyne when Torres, starting as a lone striker, put City into a deserved lead within 12 minutes.The goal came as the Spaniard played a good one-two with De Bruyne and then calmly side-footed through the legs of Sa.Even with five changes to the side that edged Sheffield United last Saturday, City were a cut above their Greek opponents. Olympiakos were indebted to Sa as he twice smothered inviting crosses with Raheem Sterling ready to pounce on both occasions – but City’s advantage at the interval was a slender one despite their dominance. Olympiakos manager Pedro Martins made a double change at the break involving Bruma, and the winger on loan from PSV Eindhoven transformed the visitors in the second period.City, by contrast, were pedestrian as their recent lack of cutting edge that has seen them score just four times in their last four Premier League games was again evident.Foden’s blind pass from Ederson to John Stones as City played out from the back was pounced on by the veteran Valbuena but the 36-year-old sliced his effort wide having been surprised himself by the gift. Image:Pep Guardiola’s side had 16 attempts in the win over Olympiakos How City made it three wins from threeOlympiakos entered the game without Kostas Fortounis through injury and with a dismal record in England having won just twice in 17 visits, but the most recent of those wins came against Arsenal in the Europa League in February.City have scored 23 goals this term – 13 fewer than they had plundered this time last year – but there’s a growing feeling they are now slipping into gear after an inauspicious start. Guardiola’s men are looking increasingly capable of steel as well as silk and led 1-0 at the break. Team newsGabriel Jesus was on the bench. The Brazil striker has been out of action since suffering a thigh injury on the opening day of the season. With Sergio Aguero still sidelined, winger Ferran Torres again starting at centre forward.Pep Guardiola changed three of his back four for the clash at the Etihad Stadium with John Stones, Nathan Ake and Oleksandr Zinchenko starting along with Kyle Walker. Ilkay Gundogan and Phil Foden also came into the side. Mathieu Valbuena missed a glorious chance to level 10 minutes into the second period before Jesus came off the bench to settle the contest with an unstoppable finish from a tight angle (80).City added a third as fellow substitute Joao Cancelo’s speculative drive surprised Jose Sa to cap a routine win that preserves their 100 per cent record from three group stage matches ahead of facing Liverpool on Super Sunday, live on Sky Sports.Olympiakos remain third in Group C while Porto are three points behind City in second place after winning 3-0 against Marseille on Tuesday. Torres tormented the Olympiakos defence, dropping deep and arriving late in the box during another impressive display which included three key passes for his team-mates.Moved to the right following Jesus’ arrival, the 20-year-old returned to his natural position having shown his versatility and capped another lively display with his third goal in four games – one of five shots, more than any other player.Aged 20 years and 248 days, the Spaniard is the third-youngest player in Champions League history to score in four consecutive appearances, behind Kylian Mbappé (18y 120d) and Erling Haaland (19y 107d).What’s next? – Advertisement – Manchester City maintained a perfect start to their Champions League campaign as Gabriel Jesus scored on his return in a 3-0 victory over Olympiakos at the Etihad.Ferran Torres scored in his fourth consecutive game in the competition to give Pep Guardiola’s side the lead after just 12 minutes, but the contest did not evolve into the formality City’s fast start had promised.- Advertisement – By then, Mady Camara had already just failed to connect with Valbuena’s corner but Jesus’ introduction with 22 minutes remaining helped City rediscover their focal point as a second goal duly snuffed out any hopes of a shock Olympiakos revival.Inevitably, De Bryune was involved as the Belgian fed Jesus down the right of the penalty area. The returning Brazilian fashioned a yard of space and the sheer velocity of his shot took the ball away from Sa at his near post and into the roof of the net.There was still time for a third to somewhat flatter City despite their 16 attempts – a ninth in three Champions League games in contrast to their recent domestic struggles to find the net – as Cancelo collected the ball in midfield, drove forward and curled a 25-yard strike with his left foot into the corner. Image:Joao Cancelo added extra gloss with a late third for the hosts on Tuesday Image:Torres celebrates his strike to hand City the lead over Olympiakos Manchester City boss Pep Guardiola told BT Sport: “In the first half, we played really well. In the second half, we struggled for some moments but when we scored the second one it was over.“We’ve had a good three games, nine points. We need three more points or one more point to qualify. We have five days to recover for Liverpool and then the international break.“They had one or two chances [to equalise]. When we controlled in the way we control, we cannot finish games – we struggle with the second goal – but finally with an incredible goal from Gabriel Jesus and then from Joao Cancelo we win the game.“John Stones is back, an incredible performance – almost perfect. It’s not easy when you’re a long time without playing.“The forecast in the next three days says it will be sunny in Manchester. It’s rare. We’re going to have tomorrow off. After that on Friday and Saturday we’ll prepare for the Liverpool game. But the players need a break.”City tighten up – Opta statsSince conceding five goals against Leicester, Manchester City have conceded only three goals in their following eight games, while they have kept a clean sheet in three consecutive matches in all competitions for the first time since September of last year.Since the start of the 2017-18 season, only Kylian Mbappé (15) has made more assists than Manchester City’s Kevin De Bruyne (14) in the UEFA Champions League.Manchester City striker Gabriel Jesus has been directly involved in nine goals in his last seven appearances in the UEFA Champions League (six goals & three assists).Man of the match – Ferran Torres Guardiola full of praise for Stones Subs: Bruma (7), Pepe (5), Masouras (n/a), Hassan (5).Man of the match: Ferran Torres. Man City: Ederson (7), Walker (7), Stones (7), Ake (7), Zinchenko (7), De Bruyne (7), Gundogan (7), Foden (7), Mahrez (7), Torres (8), Sterling (7). Subs: Gabriel Jesus (6), Rodri (6), Joao Cancelo (6).Olympiakos: Jose Sa (7), Rafinha (6), Semedo (6), Cisse (5), Holebas (6), M’Vila (5), Bouchalakis (4), Camara, Randjelovic (4), El Arabi (5), Valbuena (6). – Advertisement – Image:Raheem Sterling runs at the Olympiakos defence as City made five changes Sunday 8th November 11:45pm Image:Ferran Torres continued his rich scoring form with the opener for City Manchester City next host Liverpool live on Sky Sports Premier League and Sky Sports Main Event from 4pm on Super Sunday; kick-off 4.30pm.Pep Guardiola’s side continue their Champions League campaign at Olympiakos following the international break on Wednesday November 25; kick-off 5.55pm.
The two countries object to a clause that links funding with adherence to the rule of law.- Advertisement –
Thus, in its second season after the renovation, TUI BLUE Jadran entered the circle of the world’s best hotels and secured an even better positioning on TUI sales channels, since this award is one of the main motives when deciding on a vacation spot. TUI BLUE Jadran is the first 5 * hotel on the Makarska Riviera, and has 161 rooms. It opened in July 2017 after a thorough renovation in which more than 15 million euros were invested. It was built immediately after World War II and for almost 2 years was a symbol of luxury and a trademark of the Makarska Riviera. TUI Holly is an award given to the best hotels according to guest ratings and represents the highest possible recognition that a hotel can receive from TUI guests. The award is synonymous with everything that makes a holiday perfect: top service, great attention to detail and outstanding cuisine. TUI Holly is also a recognition for quality management and high safety standards. After last year’s TUI Top Quality award, the TUI BLUE Jadran * hotel went a step further this year, winning “TUI Holly 2019”, the most prestigious award given by the world tour operator TUI. As of this year, the TUI BLUE Jadran hotel is managed by WOT (World of TUI) Hotels Croatia, a joint venture company founded by the TUI group and Sunce Concern (Bluesun Hotels & Resorts). As WOT Hotels Croatia Management Board members Nikolina Misir and Damir Lukić point out: “This award comes truly as the icing on the cake and a confirmation of an extremely successful season in which the hotel TUI BLUE Jadran ***** achieved exceptional business results, both in physical and financial business indicators, and fully positioned itself on the market as one of the best rated hotels by guests that the tour operator TUI has in its offer on a global level. The award is also a recognition to all diligent employees of the hotel, without whose dedicated work this exceptional achievement would not have been possible.. ”Points out Nikolina Misir, Member of the Management Board of WOT Hotels Croatia.
The government has announced that it is providing full medical coverage for COVID-19 patients through the national health insurance provider, the Health Care and Social Security Agency (BPJS Kesehatan).Coordinating Human Development and Culture Minister Muhadjir Effendy said the decision was made because of BPJS Kesehatan’s coverage capacity. “All costs for hospital treatments for COVID-19 patients will be handled by BPJS Kesehatan, because it has extensive experience in verifying claims from hospitals,” Muhadjir said in a statement on Monday as reported by kompas.com.Read also: COVID-19: Inadequate medical supplies take toll on lives of Indonesian medical workersMuhadjir said that this would also allow the government to accelerate payments to hospitals that were treating COVID-19 patients. He added that he had asked the BPJS Kesehatan president director, Fachmi Idris, to implement the measure in coordination with his office, the Health Ministry, the Finance Ministry, and the National Disaster Mitigation Agency (BNPB).”The funds used [to cover] COVID-19 treatments does not come from either BPJS Kesehatan or the social security fund [DJS]. It is a dedicated fund [for COVID-19 prevention and control],” he stressed, and that BPJS Kesehatan would distribute the funds immediately.Read also: Indonesia’s latest COVID-19 figures”BPJS Kesehatan is ready to support the [COVID-19] payment policy,” Fachmi said separately, and that BPJS Kesehatan would verify all claims from hospitals treating COVID-19 patients in an “accountable” manner before distributing the funds.Earlier, the government designated 132 referral hospitals across the country for treating COVID-19 patients. (nal)Topics :
Other key findings include:Future entitlements will generally be lower, and not all countries have built in special protection for low earners. People who do not have full contribution careers will struggle to achieve adequate retirement incomes in public schemes, and even more so in private pension schemes, which commonly do not redistribute income to poorer retirees.It is essential people continue paying in contributions to build future pension entitlements and ensure coverage. However, increasing pension age alone will not suffice to ensure people stay effectively on the labour market. A holistic approach to ageing is needed.Because of stigma, lack of information on entitlement and other factors, not all elderly people who need last-resort benefits claim them. There is thus a certain degree of hidden old-age poverty.Public services are retirement-income enhancers. This is especially true of healthcare and long-term care services. Services benefit the poorest retirees much more than they do richer elderly households. Public support is set to play an increasingly important role in preventing old-age poverty among people requiring health and long-term care services. Inequality among the retired could increase in future years, fuelled by the retrenchment of public pensions, trends towards working longer and more reliance on private pensions, according to the latest edition of Pensions at a Glance from the Organisation for Economic Co-operation and Development (OECD).The report warned: “Population ageing means that, in many OECD countries, pension expenditures will tend to increase. Recent reforms have aimed at maintaining or restoring financial sustainability of pension systems by reducing future pension spending.“The social sustainability of pension systems and the adequacy of retirement incomes may thus become a major challenge for policymakers.”The annual report, a comprehensive examination of pension systems in OECD and selected non-OECD countries, looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, pension entitlements, and private pensions, before providing a series of country profiles.
NZ Herald 24 November 2011University of Otago health experts say a study showing a correlation between suicide, homicide and a lower drinking age in the US is further evidence the drinking age should be raised here.The study, in the journal Alcoholism: Clinical & Experimental Research, looked at data gathered before 1984 when a blanket legal drinking age of 21 was applied across the US.It showed a higher risk of suicide and homicide persisted into adulthood among women born after 1960 who came from states that had permitted under-21 drinking.Women had a 12 per cent higher risk of suicide and a 15 per cent higher risk of homicide if they grew up where drinking was permitted at younger ages, making a new argument for keeping the legal minimum drinking age at 21, the researchers said.The director of the University of Otago’s National Addiction Centre, Prof Doug Sellman, speaking with other medical professionals for Alcohol Action New Zealand said the research was “startling” and was evidence the drinking age needed to be raised in New Zealand.http://www.nzherald.co.nz/lifestyle/news/article.cfm?c_id=6&objectid=10768496
A balikbayan, she underwent reverse transcription-polymerase chain reaction (RT-PCR) test at the Qualimed Hospital Molecular Laboratory in Mandurriao, Iloilo City – one of the requirements so she could go back to the United States of America. * 28-year-old male All the seven patients already recovered, said Caspe. These were the following: Contact tracing was immediately launched by the Municipal Health Office. As of yesterday afternoon, tracers have reached out to six persons. * 25-year-old male The result came out on July 29, the day she was scheduled to fly to Manila for her flight back to the US. In January, however, the COVID-19 pandemic started spreading throughout the world from China. The patient got stuck in Cabatuan. These close contacts of the patient were ordered to observe home quarantine. On July 25, she underwent RT-PCR COVID test, one of her travel requirements. This case was puzzling, according to Caspe. The patient had no exposure to anyone with COVID-19, he said, and she had not traveled outside Western Visayas since returning in December 2019. Today, they would be undergoing RT-PCR test. The test result was released on July 29, said Mayor Ronilo Caspe of Cabatuan. * 27-year-old female As of July 29, Cabatuan had eight confirmed COVID-19 cases. Except for the 53-year-old-female patient, the rest were locally stranded individual. Caspe urged his constituents to continue observing public health safety protocols – wearing of facemask, physical distancing, and proper hand washing. * 53-year-old-female ILOILO – The municipality of Cabatuan has recorded its first case of local coronavirus disease 2019 (COVID-19) transmission. * 47-year-old female * 23-year-old male From the US, the patient went home to Cabatuan in December 2019 for her holiday break. * seven-year-old male People can catch COVID-19 from others who have the virus. The disease can spread from person to person through small droplets from the nose or mouth which are spread when a person with COVID-19 coughs or exhales. * 23-year-old female On July 17, the patient secured a medical certificate from the Rural Health Unit of Cabatuan and a travel authority from the Cabatuan police station. She was intent on returning to the US. Asymptomatic, the 53-year-old-female patient was being isolated at the town’s quarantine facility. These droplets also land on objects and surfaces around the person. Other people then catch COVID-19 by touching these objects or surfaces, then touching their eyes, nose or mouth./PN