Telemarketer Relief

first_imgWhen the phone rings, do you just brace yourself for the sales pitch? If telemarketershave your number, remember: you have rights.The Federal Trade Commission has given you an easy-to-use tool to stop such calls, saysEsther Maddux. She’s a financial management specialist with the University of GeorgiaExtension Service.Telemarketing fraud costs consumers as much as $40 billion a year.”Under the FTC’s Telemarketing Sales Rule, you can stop a telemarketer fromcalling simply by asking him not to phone again,” Maddux says. “If he does, he’sbreaking the law.” You can report him to the Governor’s Office of Consumer Affairs (1-800-869-1123).The Telemarketing Sales Rule also stops telemarketers from calling before 8 a.m. andafter 9 p.m.”When they do call,” Maddux says, “they must tell you they’re trying tosell something before they make their pitch. Then, before you pay, the caller must statethe total cost of the product or service and any restrictions on getting or usingit.”The rule bans misrepresentations, too. It tightly limits telemarketing credit-repairand advance-fee loan services. And it forbids anyone to help fraudulent telemarketingbehind the scenes.The rule covers most types of calls. It includes calls to pitch goods, services,sweepstakes and prize-promotion and investment breaks.”The FTC has brought dozens of law-enforcement actions over the years to halttelemarketing scams,” Maddux says. “This rule adds the threat of heavy civilpenalties to its enforcement arsenal.”State attorneys general can enforce the rule in federal court. They can now getnationwide injunctions to stop fraud operators, no matter where they are.”This puts 50 more cops on the national telemarketing fraud beat,” Madduxsays.The FTC offers a brochure called “Straight Talk about Telemarketing.” Ittells how scams work, how they get your name and number and the key parts of the FTCrules. For a copy, write the FTC’s Public Reference Branch, Room 130, 6th Street andPennsylvania Avenue, N.W., Washington, D.C. 20580.The FTC urges people who feel they’ve been victims of telemarketing fraud to report thecaller to a national hotline. Call 1-800-876-7060.last_img read more

Lead your credit union to innovation

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Make room for new ideas at your credit union, says Andrew Downin, Filene Research Institute’s innovation director.And watch our for technology and innovation that could disrupt the financial services industry.To be innovative, credit unions need to find and empower talent, he says.“The way in which we look for talent really needs to change to stay relevant and adapt to the changing competitive environment that we are in,” Downin says.Downin encourages credit union leaders to:• Look for diversity. Seek out employees with different life experiences and perspectives. “There’s a lot that credit unions can learn from artists and engineers.” Don’t be afraid to hire from outside the financial services industry. continue reading »last_img read more

5 reasons the faster payments conversation is about more than speed

first_imgEveryone’s talking about faster payments. Much of that dialogue has to do with what “faster payments” really means. As with many things in the rapidly evolving world of payments, there is no such thing as a simple definition. That’s because of the incredible number of players – from task forces to private enterprises – putting forth different solutions to satisfy multiple use cases for the payment innovation. The other complexity that comes into play when we’re attempting to define faster payments is that speed is not always the core value proposition of the different solutions being offered up. This was a big part of the discussion covered in the recent “Real Time Payments – What You Need to Know” session of the online CUNA Mutual Discovery Conference. Often, faster or real-time payments solutions promise to improve the overall experience for the end-user – whether it’s a consumer moving money from point A to point B or a business moving money across borders.Given this focus on experience over speed, one definition we might consider is this:Faster payments is a digital solution to sending money quickly, safely and in a way that personalizes or heightens the user experience in some way beyond speed.As the industry collaborates to bring faster payments from theory to reality, key players will be working to address quite a few unanswered questions. Let’s look at a few of them. 1. Can we pay anyone regardless of where they bank or which apps they’ve downloaded?We have many ways to move money today. Each has its pros and cons. Some have visions of ubiquity; others are built to serve a niche segment. The ubiquity question is one “the Pays” (Apple Pay, Android Pay, Chase Pay, Samsung Pay) have struggled with since inception. Consumers can love the idea of paying from their smart devices, be they phones or watches. Whether they can consistently depend on being able to do so relies heavily on the merchants, financial institutions and people to whom they want to send money. 2. Can U.S. systems integrate with others around the globe to facilitate faster international payments?Many of the payment system struggles in the U.S. market are based on the country’s highly complex payments infrastructure. Plugging into that infrastructure has always been a challenge for international parties; now we’re adding to that challenge by trying to speed up settlement times. Interestingly, many countries that have recently built or are in the early stages of building faster payments systems are designing them to be flexible. This allows providers to create value-added services on top of the core platform, and importantly, to realize new revenue streams. 3. Can we have faster payments without also having faster fraud?With less time to evaluate risk and authenticate users, many wonder if faster payments will lead to faster fraud. On the flipside, others believe faster payments may actually help reduce risk by decreasing the amount of time money is in play. By shortening the delay between initiation, clearing and settlement, we may actually see fraud attempts lessen. Of course, if there’s one thing we know about fraudsters, it’s that they are just as innovative as the good guys. Keeping ahead of them will require ingenuity. In fact, the industry may need to completely reimage payments verification and deploy technologies like biometrics, artificial intelligence and machine learning to help us spot trends and predict problems before they occur.4. Do we want to mix social media with finances?Some faster payments solutions in the P2P space integrate with social media. There is a call for that level of connection among some consumer segments, but for how much longer?Cybercriminals and other social engineers are getting really good at following digital breadcrumbs. As more consumers become aware of the consequences of “financial TMI,” they will be paying closer attention to the security controls built into the payment tools they use. 5. Who will pay for what and how much will they be willing to pay?This is a big one. Even though faster payments has the potential to bring benefits to everyone on the value chain, that doesn’t necessarily mean they are willing to pay for it. There’s a lot of experimentation happening across the digital payments ecosystem as it relates to fees. Charging for things like remote deposit capture and same-day ACH are tactics being deployed by quite a few financial institutions. It will be interesting to see how those experiments play out. Keeping a close eye on payments is a must for growth-minded credit unions, as this particular product set accounts for an increasing share of revenue. Non-interest income has grown by more than 600 percent since 1995, more than triple the growth of net interest income. CO-OP will continue to offer the payments tools, data, strategy and insights to keep credit unions on pace for exceptional delivery of faster and real-time payments. 56SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Shazia Manus At AdvantEdge Analtyics, Shazia Manus applies a futurist view to the field of analytics, helping credit unions discover new possibilities for exceptional member experiences. Prior to joining CUNA Mutual Group … Web: Detailslast_img read more

Harry’s game

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Cyprus OKs Aphrodite development plan. Grants exploitation license

first_imgNoble Energy operates the offshore Block 12 containing the Aphrodite discovery with a 35 percent stake. Shell owns 35%, and Delek owns 30%.Aphrodite is a gas discovery made by Noble energy offshore Cyprus in 2011. The field, located approximately 170 kilometers south of Limassol, was declared commercial in 2015.Delek on Thursday said the government had given the partners the exploitation license, and approved the development and production plan for the Aphrodite field.The development plan envisions deployment of a newbuild floating production facility at the Aphrodite reservoir, with an estimated maximum production capacity of approx. 800 MMCF per day, through 5 production wells at the initial stage, and export of natural gas to the Egyptian market.The estimated cost of the development, excluding the cost of construction of the pipelines to the target markets, is estimated at around $2.5-3.5 billion.The final formulation of the Development Plan and the Final Investment Decision for development of the Aphrodite reservoir are subject to the drilling of another appraisal/development well and to the FEED, commercial arrangements for the development of the pipelines for export, the signing of agreements for the supply of natural gas, financing arrangements, and other regulatory approvals.According to Delek, subject to fulfillment of all of the conditions the start of the supply of natural gas from the Aphrodite field may occur during 2025.First Exploitation License in #Cyprus #EEZ issued to #Noble, @Shell and #Delek. It paves the way for “Aphrodite” field to be liquified in #Egypt and shipped to European and international markets. A significant milestone in Cyprus’ #Energy strategy.— Georgios Lakkotrypis (@GLakkotrypis) November 7, 2019Cyprus last year signed an intergovernmental agreement with Egypt for the construction of a subsea natural gas pipeline which will carry gas from the Aphrodite offshore field to Egypt. The pipeline is intended to transport Cypriot natural gas to Egypt for reexport to Europe in the form of liquified natural gas (LNG).Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form, where you can also see our media kit. Cyprus has approved the development plan and granted an exploitation license for the Aphrodite offshore gas field to a Noble Energy-led consortium. First gas is expected to start flowing in 2025.last_img read more

Shouting at children ‘increases their behaviour problems’

first_imgResearchers said that “reasoning with children” was more likely to have a positive impact on their behaviour at a young age. Ignoring naughty children also appeared to lead to deterioration in discipline standards, it was claimed. The Telegraph 10 April 2014Mothers who angrily tell off their children when they step out of line may be making behaviour problems worse, according to research.A study by the London School of Economics found that excessive shouting and meting out hard-line punishments was counterproductive.center_img But the study – presented at the Royal Economic Society’s annual conference this week – warned that it was difficult to establish a direct link between one parenting style and outcomes because of the influence of other factors such social class.Wealthier parents are more likely to reason with their child but also more likely to provide healthy meals, structured bedtimes and frequent physical activities which have a knock-on effect on children’s wellbeing, it said.The study suggested that children in poor households were “more affected by their mother’s parenting style” than in wealthier families.The disclosure will add to growing concerns over the prevalence of poor parenting skills in large numbers of British families. read more

Venezuelan folklore group to perform in Dominica

first_img Share Tweet Share 18 Views no discussions Venezuelan Folklore gorupVenezuelan folklore group “El Comején de la Bandola” will be performing in Dominica from Friday October 7th to Monday October 10th, thanks to the joint efforts of the Ministry of People’s Power for Foreign Affairs and the Ministry of People’s Power for Culture of the Bolivarian Republic of Venezuela, the Embassy of Venezuela in Dominica and the Fort Young Hotel.On Friday October 7th they will perform during the Happy Hour at the Fort Young Hotel; Saturday 8th at 9:00 a.m. they will be hosting two (2) workshops, cuatro and dance, at the Venezuelan Institute for Culture and Cooperation; Sunday October 9th at 7:00 p.m. a free of charge concert at the Public Service Union Building on Boyds Avenue, Roseau; and, on Monday October 10th they will be sharing the stage with a Dominican Steel Band at the Fort Young Hotel.Segundo Garcia “El Comején de la Bandola” has been the recipient of many international awards and has taken part in numerous events worldwide.Diversity, balance, sublime and sturdiness are just a few of the perceptions that denote the sonority of this new creation of autochthonous music, testimony of the virtuous Segundo Garcia, “El Comejen de la Bandola”and his group. The Bandola in his mastery hands expresses his undoubted talent, he makes it diverse and versatile, turning it into a guitar or a mandolin – as it may be required ‐ , without losing its essence of an instrument that symbolizes, within other attributes, the musical culture of the Plains and, maybe, the complete spectrum of our music.Segundo Garcia he has inherited a tradition forged in centuries by executing masters of pioneering generations, who since their times, perceive recognition to their art in each performance of this gifted contemporary Bandola player, he gives back to this tradition a renewed repertoire and a different and consolidated manner to retrieve chords from the ennobled and rutting woods of his instrument.This production is enriched with the presence of a voice full of plain culture and vernacular sonority such as that of Yusnellys Rengifo, vocalist; Jose Funes, cuatro player; Gailabi Jimenez, base; and Alejandro Galindo in the maracas.Press Releasecenter_img EntertainmentLocalNews Venezuelan folklore group to perform in Dominica by: – October 7, 2011 Share Sharing is caring!last_img read more

Cash Missing From Sheriffs Office: Clerical Error Or Crime?

first_imgThe Ripley County Sheriff’s Office is trying to figure out why money is missing from a cash box.Sheriff Tom Grills was informed that a locking mechanism was loose when an office employee went to access a cash box. The Versailles Republican reported that the sheriff had the money counted which revealed $296 absent from the cash box.The money is used for operating funds and other police business.While police are leaning toward the incident being a clerical error, they are collecting evidence and treating it as a potential crime.“Anything is likely in this day in age. It is being treated as a criminal investigation until it can be confirmed it is a clerical error,” Ripley County Chief Deputy David Pippin said.The Sheriff’s Office notified Ripley County Council of the situation.Pippin said, “We want to maintain transparency with the community and the taxpayers. So we thought it was necessary to report [the missing money]”An internal investigation ensued and is currently ongoing. Sheriff Grills also contacted the Indiana Board of Accounts who is looking into the matter. Pippen advised that a third party may investigate the incident.The Board of Accounts told the Sheriff’s Office that they would have to go to council to have the money replaced. Sheriff Grills declined and will use personal funds to compensate for the missing cash.“It is not coming from taxpayers or the budget. It is coming out of his own pocket,” Chief Deputy Pippin indicated.As the investigation continues, the Sheriff’s Office is taking precautions and preserving evidence if the incident turns out to be criminal.last_img read more

Gov. DeSantis Says Palm Beach, Miami Will Get Walk-up Test Sites

first_imgGov. Ron DeSantis announced Wednesday that the success of the state’s first two walk-up COVID-19 testing sites in Broward County is prompting state officials to introduce additional walk-up sites in Palm Beach and Miami-Dade counties.Both of the Broward sites were set up in order to serve communities where residents do not have cars to get tested at drive-thru sites.These locations, located in Pompano Beach and Fort Lauderdale, are for individuals who showg symptoms consistent with the virus — fever, a dry cough, fatigue, and in some cases, a runny nose and congestion.Nearly 1,600 people have been swabbed at those two sites so far.Those who have been exposed to someone who has tested positive may also request a test between 9 a.m. to 6 p.m. daily.State officials also plan to expand testing to more residents of nursing homes and assisted-care facilities, and to roll out so-called antibody testing, which can assess whether individuals have had infections.The governor also said he has been encouraged with the leveling off of cases in our state, and that nearly 18,000 more tests will be processed as a result of a new lab contract.He also questioned the World Health Organization and China’s responses to the virus.Flattening the curve was necessary to prevent our hospital system from being overwhelmed. FL has dramatically increased its hospital bed and ICU bed capacity since the start of the pandemic.— Ron DeSantis (@GovRonDeSantis) April 21, 2020 “This World Health Organization, I think the president is right on that. They were basically parroting China talking points. The World Health Organization in January, after what we saw was going on, said there was no evidence, that the coronavirus was transmissible person-to-person,” DeSantis said.He added that he plans to encourage companies that make life-saving medical equipment to move their manufacturing operations out of China.As of Wednesday evening, 28,576 cases and 927 deaths have been confirmed in Florida.Palm Beach County has 2,403 cases and 131 deaths, while Broward has 4,228 cases and 141 fatalities.Miami-Dade County has the most confirmed cases in the state, at 10,153, along with 240 deaths.More than 290,400 people in Florida have had a COVID-19 test so far. That represents the third-largest amount in the country, although it comprises less than two percent of the state’s population. Florida is the third most populous state, after California and Texas.last_img read more

Wiltshire, Alphonso contest heats up Georgetown Court

first_imgTHE Toucan Distributors Junior Skill Level tournament began on Wednesday evening at Georgetown Club, Camp Street with top seed Shomari Wiltshire in excellent form against Michael Alphonso.In the only Category A match of the evening, a cool Wiltshire patiently rallied out an eager Alphonso for a 3-0 victory. Despite Alphonso’s outstanding retrieval, Wiltshire’s accuracy, timing and pace dominated the match for an 11-2, 11-4, 11-0 win.In the Category B matches, a much-improved Mohryan Baksh faced the talented Abosaide Cadogan in a close bout.After an 11-6 defeat in the first game, Baksh made an early bid in the second, pulling ahead, before Cadogan closed the gap; and in a point-for-point battle of exciting cross courts, drives and drops, he succumbed 12-14. Cadogan fought her way through the third to a 3-0 triumph.Lucas Jonas gave an impressive performance against Kirsten Gomes in a 5-game match where he dominated the T and played some magnificent cross courts. Gomes was outplayed in the final game after levelling up 2-2 earlier in the match and Jonas took the win 11-6, 6-11, 11-9, 9-11, 11-8.Brothers Zachary and Lucas Persaud secured victories in Categories C and E respectively, while in Category F, Safirah Summer fought hard against Mathew Spooner in the second game reaching 13-15 but couldn’t hold on and Spooner earned his first win 11-6, 13-11.In Category H, good serves proved the game-changers for the younger players loke Tianna Gomes.Mathew Daby, Solomon Ince-Carvalhal and Shriya Persaud all finished the night without dropping a game.Matches continue tomorrow from 18:00hrs at Georgetown Club.Results for the eveningCategory AShomari Wiltshire trounced Michael Alphonso 11-2, 11-4, 11-0Category BAbosaide Cadogan defeated Mohryan Baksh 11-6, 14-12, 11-9Lucas Jonas beat Kirsten Gomes 11-6, 6-11, 11-9, 9-11, 11-8Category CZachary Persaud whipped Shiloh Asregado 11-6, 11-3, 11-4Rayad Boyce thrashed Aishani Persaud 11-2, 11-5Category DLajuan Munroe trounced Teija Edwards 11-4, 11-4, 11-3Nathan Rahaman bettered Beau Fernandes 7-11, 11-2, 11-3, 11-6Category ELucas Persaud whipped Arvin Seelall 11-6, 11-3Dhiren Persaud defeated Angel Rahim 11-7, 11-5Category FChristiana Fernandes mauled Mailia Maikoo 11-2, 11-4Matthew Spooner beat Safirah Summer 11-6, 15-13Grant Fernandes thrashed Noah Rahaman 11-5, 11-8Category GRomero Muniram mauled Abhinav Singh 11-3, 11-7William Escarraga got the better of Brenno DaSilva 11-6, 11-2Category HTianna Gomes demolished Eli Gouveia 11-0, 11-3Mathew Daby trounced Jnae Singh 11-3. 11-5Solomon Ince-Carvalhal smashed Nicholas Sawh 11-3, 11-1Shriya Persaud crushed Nicholas Sawh 11-2, 11-2last_img read more