“COW” FOLLOWS PHISH TO COVENTRY,VERMONT CONCERT DATESVerizon Wireless Network Prepared to Accommodate Concert CrowdsBURLINGTON, VT When Phish fans gather to welcome the Vermont-based rockband back home at the final shows of the band¹s Summer 2004 Tour, VerizonWireless will be on hand with a “COW,” a portable cell site called “CellOn Wheels,” which is used to increase network capacity for special eventswhere significant cell phone usage is anticipated. The Phish concerts arescheduled for August 14 and 15 at the Newport State Airport in Coventry.”Coventry and immediately surrounding communities are going to see a spikein visitors those two days and we want to make sure our customersattending the shows continue to experience the best Verizon Wirelessnetwork experience,” said Bob Stott, president, Verizon Wireless NewEngland.Verizon Wireless invests more than $1 billion in its networkevery 90 days to provide customers with the most extensive wireless voiceand data network in the United States. The company offers popular wirelesssolutions including its NationalAccesssm high-speed wireless Internetaccess service, text messaging, picture messaging, text-based alerts andnews reports, as well as downloadable ringtones, games and businessapplications. Verizon Wireless COWs have also been deployed in New Englandat the Democratic National Convention in Boston, the Greater Hartford OpenGolf Tournament, and during racing events at the New HampshireInternational Speedway.
Coming right up, your daily dose of outdoor news:White Nose Spreads to N.C.’s Bat PopulationWhite-nose syndrome, a fungal infection that has decimated bat populations in eastern North America, has made its way down to the Nature Conservancy’s Bat Cave Perserve in Rutherford County. The disease gets it’s name from the white fungus that forms around an infected bat’s muzzle, ears, and wing membranes. Since it was first identified in 2006 in upstate New York, white-nose syndrome has spread to 19 U.S. states and four Canadian provinces. Where ever it goes, the disease takes out about 80 percent of the bat population. If you’re thinking: “So, who cares about bats?” Think again. Bats help with insect control and pollination, and experts are predicting long term effects for areas with infected bat populations, like North Carolina. In an effort to protect the bats, the Nature Conservancy has closed it’s Bat Cave Perserve (cue Batman joke) until further notice.Studies Validate Commuter-BikersWe all know that biking to work has health benefits. And now we have the science to back us up. Through a four year study of 822 adults, Australian epidemiologist Takemi Sugiyama found that people who commuted to work by car gained more weight, on average, than those who biked or walked to work, even if those car-commuters worked out at a gym in their free time. Researchers have found that sixty to ninety minutes a day of physical activity is required to combat obesity, an amount of time that most people cannot fit into their busy schedules. Active transportation, like biking or walking, that is incorporated into a regular work routine solves this “not having time” problem. Not to mention, biking gets you outdoors which is always a win in our book.MTV Reality Show Star Found DeadIt’s all over social media, so you know we have to run something, too. Shain Gandee, a cast member on MTV’s reality show “Buckwild,” was found dead in his Ford Bronco Monday morning, along with his uncle and a local man. Tuesday, the Kanawha County Sheriff’s Office ruled the cause of death carbon monoxide poisoning. The group was last seen alive leaving a bar early Sunday morning to go off-road driving, or “mudding.” The truck was found in Sissonville, Ky. submerged in mud past the windows, preventing exhaust fumes from escaping through the tailpipe and leading to Gandee and the other men’s deaths. “Buckwild” premiered on MTV in January and follows nine friends in Sissonville and Charleston, W.Va.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York From left: Erzsebet Banyai, Ryder, Kyllian and Jarret Slionski.A Selden man and his fiancé have turned to online crowd-funding for help reuniting their family after the mother and the couple’s newborn baby were refused re-entry from Canada four months ago.Jarrett Slionski, a 33-year-old barber, met his wife-to-be, Erzsebet Banyai, a 29-year-old Ottawa native, while she was living on Long Island and both were active in the local music scene. He eventually asked her to marry him and she had his baby in November. But because she had a high-risk pregnancy, she stayed longer than the six months her passport allowed—leading to her being turned away at the border in March when she tried to return to LI after visiting family in Canada.“It’s the hardest thing in the friggin’ world,” Slionski, the singer/guitarist in the local punk band, Those Hated Hearts, said between hair cutting appointments. “I’m missing my daughter grow up.”The couple quickly learned the only way they can legally be together and raise their daughter, Ryder, on LI is to get hitched. But they need help paying for the visa application and hiring an immigration lawyer.Slionski set up a page on GoFundMe.com, a grassroots fundraising website, and was about a third of the way to reaching his goal of raising $2,500 as of Monday—contributions from 25 donors in 18 days ranging from $5 to $100.He went to visit Banyai and their infant last month at her father’s house, where she’s currently staying. It was the first time he saw his baby girl and fiancé since she was 2 ½ months old. Still, he laments missing her learning to talk, crawl and walk.Slionski is also raising his 7-year-old son, Kyllian, from a prior marriage. Kyllian also longs to be reunited with his little sister.“The kid finally got a little sibling and she got taken away from him,” Slionski said. “He misses his little sister constantly.”
People have groceries to pick up, bills to pay. When a card is lost, stolen or compromised, getting a new one as quickly as possible – and moving on with life – is all that matters. Issuers are meeting this need for immediacy by using technology to hand over cards in a matter of minutes.For many financial institutions, instant in-branch card issuance complements central card issuance – mailed cards – enabling consumers to walk out of a branch with an activated debit or credit card, including EMV™ chip cards. Among debit card users who received a new card in the last year, 1 in 5 picked up their card in a branch, according to new research from Fiserv.What’s fueling this trend? Increased data compromises and incidences of identity theft have necessitated unscheduled card reissuances. At the same time, financial institutions are turning to instant issuance to stay ahead of the demand caused by the ongoing migration to EMV technology. Instant issuance gives consumers immediate access to the enhanced technology and security capabilities of EMV. continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In August, the Federal Reserve published its Proposed Guidance on Supervisory Expectation for Boards of Directors and invited comment and discussion on the subject of better performance though better governance—a topic near and dear to us at Quantum Governance.These proposed guidelines, which apply directly to the boards of directors of banks and savings and loans (not credit unions), seek to “establish principles regarding effective boards of directors focused on the performance of a board’s core responsibilities.” These proposed guidelines are inspired largely by the 2007-2009 financial crisis and are designed around supporting “safety and soundness.” While we applaud any effort to improve governance, we are concerned that these guidelines are too focused on the oversight or a “supervisory” role for the board. That is, they are concerned largely with mitigating exposure to risk and, as such, promote a narrow view of the board’s role in governance. Even though the proposed guidelines do not directly apply to credit unions, we think it is vital to comment, as there are natural parallels to credit union governance.The Fed’s proposal seeks to better distinguish the role of the board from that of management by encouraging the board to focus on its core responsibilities: (1) setting clear, aligned and consistent direction; (2) actively managing information flow and board discussions; (3) holding senior management accountable; (4) supporting the independence and stature of independent risk management and internal audits; and (5) maintaining a capable board composition and governance structure. The Federal Reserve
How often do you engage with all of the different companies you do business with from your phone? I’ll bet you do it all-day long. With the advent of the smartphone, we have all become empowered consumers, aggregating all of the different things we need to do in our financial life into a suite of apps on our mobile phones.How many of your members consider your credit union their primary financial institution? Research shows the average credit union enjoys this kind of a relationship with just two out of every 10 members. Is it any wonder why? With the advent of the smartphone, I would argue that PFI really doesn’t exist anymore.Consumers have an overwhelming number of choices for saving, spending, investing, borrowing and protecting their money. Digital wallets, wearables, chatbots, robo advisors – the list of flashy fintech tools is growing longer by the day. Forced to cherry-pick their financial services, many cobble together something that looks nothing like a meaningful relationship.Simply put, there is no single provider today that meets the holistic financial needs of the consumer. And the challenge is that because of this, consumers don’t know how they’re doing in their financial life. Through disparate apps, it’s hard for them to see the big picture. This is a massive opportunity for credit unions, requiring boldness, bravery and a lot of hustle.Becoming a member’s primary financial relationship (PFR) in the digital era requires credit union leaders who are unafraid to get in the fray with so-called disruptors. They must be (or become) comfortable with moving fast to make positive, transformational shifts in the way they serve members.Jumping into the battle for member business does not mean losing sight of the credit union difference. It calls for quite the opposite, actually. People, especially those in younger generations, want digital-first financial tools, but they want them from a trustworthy provider who is willing to coach them on using that tool in the most financially healthy way. Millennials, for instance, are incredibly thoughtful when it comes to making major decisions. They are much more likely to research major purchases and take the time to compare options by looking online and within their social networks.Growing a people business in the digital era requires bold leadership. It takes strategic rigor and the willingness to pick a fight with much bigger players. Fintech startups, megabanks and big tech competitors are chipping away credit union business – and certainly not to help people achieve their dreams. Credit unions must fight for loyalty like their members’ financial health depends on it.Let’s get real for a moment. The credit union movement is not growing at the pace it should. Lending and deposits are under pressure. Some credit unions are completely lent out, and leaders are struggling with what’s next. Continuing to rely on bread-and-butter staples when they are no longer feeding the cooperative is a dangerous play. Now is the time to get aggressive in the pursuit of growth from new places.Credit union people, let’s revive our hustle. We may be smaller than some of our competitors, but we are in no way meeker. It’s time to remember what this movement is all about. We must regenerate our entrepreneurial, community-first spirit and expect as much from ourselves as the nation’s credit union members do. Let’s get enthusiastic about the possibilities and jump confidently into the race for excellence. Members expect our collaborative efforts to bring them the best blend of technology and human ingenuity, to be digital-friendly while being people-first. We have a responsibility, and importantly, we have the ability, to live up to those expectations. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Samantha Paxson Samantha Paxson is Chief Experience Officer for CO-OP Financial Services (www.co-opfs.org), a payments and financial technology company serving credit unions. Web: www.co-opfs.org Details
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The government is going ahead with the plan to implement the so-called National Logistics Ecosystem (NLE) platform, expected to cut red-tape, reduce high logistics costs and boost the country’s competitiveness, a senior minister has said.The platform is expected to reduce logistics costs from the current 23.5 percent of the country’s gross domestic product (GDP), the highest among Southeast Asian nations according to the World Bank, to just 17 percent of GDP, said Finance Minister Sri Mulyani Indrawati.“We are hoping that this initiative will make businesses more resilient as we know that the national logistics system plays a huge role in determining the competitiveness of Indonesia’s economy,” she told reporters in a press briefing on Sept. 24. “We aim to reduce logistics costs by 6 percent of GDP, which would be very significant going forward.” According to several ministers, the reform in the logistics system will include simplifying business processes related to logistics and payments for state revenue, as well as improving the management of ports and distribution routes, among other measures.To do so, the government will integrate the information from various databases, including the government’s export-import licensing website the Indonesia National Single Window (INSW) with Indonesia’s port system (Inaport), the Trade Ministry’s online trade system (Inatrade), and the Customs-Excise Information System and Automation (CEISA), to name a few.President Joko “Jokowi” Widodo’s administration has been aiming to cut the staggeringly high logistics costs in the country for years, including by making infrastructure development one of the top state budget allocations every year.Indonesia’s ranking on the World Bank’s Logistics Performance Index (LPI) 2018 rose 17 places to 46th out of the 160 countries surveyed. It remained below its neighboring middle-income countries of Thailand (32nd), Vietnam (39th) and Malaysia (41st). The NLE initiative is a follow up to Presidential Instruction (Inpres) No. 5/2020 regarding the management of the national logistics ecosystem issued by the President in June.The government has projected that it will be able to save Rp 1.5 trillion (US$100.75 million) per year through the reform, according to Coordinating Maritime and Investment Minister Luhut Pandjaitan, adding that the reform will cut the number of licensing processes from 17 to just one.According to a report by the World Bank, involvement in global value chains, which rely on a country’s ability to import raw materials and to export products of higher value, can boost economic growth, create better jobs and reduce poverty.However, Indonesia’s role in the global value chains has diminished as the country exports more commodities but fewer manufacturing goods.Indonesia’s inability to take advantage of global value chains is also partly the result of high transportation costs due to distortionary port pricing and burdensome regulations, according to the report.“Indonesia charges high prices for international trade, with port services in Indonesia being five times as expensive as in Singapore,” said World Bank East Asia Pacific chief economist Aaditya Mattoo.Read also: Reforming logistics systemThe country’s “excessive” port protection has hurt businesses and makes it harder for them to import products, he added, citing national standard (SNI) compliance, pre-shipment inspection and import approval as examples.Indonesian Logistics and Forwarders Association (ALFI) chairman Yukki Nugrahawan lauded the government’s move, saying that this would be a positive catalyst for the country’s logistics system going forward.“Businesspeople are fully committed to supporting the government in implementing the NLE platform, we are hoping that we can give our best to support the economy,” he said on Sept. 24.Topics :
Wolf, Casey Oppose White House CHIP, Health Care Cuts Healthcare, Human Services, National Issues, Press Release Harrisburg, PA – Governor Tom Wolf and Senator Bob Casey today spoke out against the White House’s plan to cut billions of dollars from the Children’s Health Insurance Program (CHIP).“CHIP provides high-quality health insurance for over 180,000 children across the commonwealth and it is absolutely appalling that Republicans in Washington would put families at risk,” Governor Wolf said. “Instead of cutting health care funding to appease special interests and extremists, we need the White House and congressional leaders to work towards better health care for our kids and families. Thousands of families rely on CHIP and we shouldn’t be diverting one dollar from this important program.”“This proposal is a shameful betrayal of children,” Senator Casey said. “This Administration and congressional Republicans passed a massive tax giveaway to their donors and big corporations and now they want vulnerable children to pay for it. This is absolutely unacceptable. I will continue to fight for CHIP funding and I hope Republicans will join me.” May 08, 2018 SHARE Email Facebook Twitter
Tower Resources has awarded DMT Petrologic a contract to reprocess 3D seismic data over and around Tower’s Thali license in Cameroon.The contract covers merging and reprocessing data from five existing surveys, to cover an area of approximately 500 km2.The area includes Thali block and the surrounding region, encompassing both the three discovery wells on the Thali block itself, and additional key wells which will provide further data control, the company explained.The reprocessing work will achieve higher resolution imaging and obtain additional information to upgrade the existing prospect inventory on the Thali block, which is located in the Rio del Rey basin, offshore Cameroon in water depths ranging from 8 to 48 meters.Jeremy Asher, chairman & CEO of Tower Resources said: “This work will allow us to make a more detailed evaluation of the many prospects on the Thali block, including the existing discoveries at Njonji and Rumpi. We expect to crystallize greater confidence in the volumetric estimates of existing leads and prospects as well as identifying new ones. This will form the basis for our drilling plans, to be confirmed via a Competent Person’s Report (CPR) next year. We look forward to working with DMT Petrologic and will update shareholders as the work proceeds. We are also finalizing our plans for an environmental survey in advance of drilling on the Thali block, and will advise further when those arrangements are complete.”