SUU Men’s Basketball Announces Signing of Nick Fleming

first_imgMay 20, 2020 /Sports News – Local SUU Men’s Basketball Announces Signing of Nick Fleming Tags: Nick Fleming/SUU Basketball Brad James Written by FacebookTwitterLinkedInEmailCEDAR CITY, Utah-Wednesday, Southern Utah men’s basketball announced the signing of Highland CC (Ill.) guard Nick Fleming.Fleming, a  native of Atlanta, scored 11.4 points per game and shot 41 percent behind the 3-point line for the Cougars last season.During his time at Highland, Fleming also posted 107 rebounds, netted 132 assists and posted 41 steals.Prior to attending Highland, Fleming starred at Marshalltown CC (Iowa), netting 10.6 points, 2.8 rebounds and 2.7 assists per game for the Tigers.Fleming will immediately be eligible and, entering his junior season, has two years of eligibility for the Thunderbirds.last_img read more

Read More »

US appeals court suspends two key permits of Mountain Valley Pipeline

first_img Mountain Valley Pipeline gets an unfavourable decision in US federal appeals court. (Credit: Mike Benna on Unsplash.) A US federal appeals court has issued a stay of two important water crossing permits pertaining to the 487.6km long Mountain Valley Pipeline in southern West Virginia and Virginia.The stay order from the US Court of Appeals for the Fourth Circuit in Richmond, Virginia is for the stream and wetland crossing permits that the natural gas pipeline has in the regions. The permits were reissued to it by the Army Corps of Engineers in September 2020.Appalachian Mountain Advocates, which is representing eight groups, filed a challenge in the appeals court opposing the reissuance of the two Nationwide Permit 12 approvals.The appeals court stated: “Upon consideration of submissions and argument on petitioners’ motions for stay pending review, the court grants the motions for stay.“An opinion as to the court’s reasoning will follow at a later date.”As per Appalachian Mountain Advocates, the two permits would let Mountain Valley Pipeline, the holding company of the pipeline, to dig through nearly 1,000 streams, rivers, wetlands, and other water bodies in the two regions.In 2018, the same federal appeals court had rejected the Corps’ first round of permit approvals.The eight groups that contested the reissuance of the permits include Appalachian Voices, Center for Biological Diversity, Indian Creek Watershed Association, and Sierra Club among others.Center for Biological Diversity senior attorney Jared Margolis said: “This decision will help ensure the pipeline doesn’t keep posing catastrophic threats to waterways that people and imperiled species depend on to survive.“Despite the project’s clear failure to comply with the law, Mountain Valley keeps pushing this climate-killing menace. We’ll continue working to ensure this destructive pipeline doesn’t poison waters and threaten communities along its route.”Mountain Valley Pipeline scheduled to come online in early 2021The Mountain Valley Pipeline is an underground natural gas pipeline system, which is being laid between northwestern West Virginia and southern Virginia with an investment of around $5.7bn.To be operated by EQM Midstream Partners, the pipeline will transport more than two billion cubic feet (Bcf) per day of natural gas sourced from the Marcellus and Utica shale regions.EQM’s partners in the natural gas pipeline project are NextEra Capital, Con Edison Transmission, WGL Midstream, and RGC Midstream.The Mountain Valley Pipeline is due to begin operations in early 2021, as per Equitrans Midstream, the parent company of EQM Midstream Partners. The $5.7bn underground pipeline is being laid in Virginia to transport natural gas from Marcellus and Utica shale regionslast_img read more

Read More »

Naval Group launches Egyptian subsidiary Alexandria Naval

first_imgFrench shipbuilder Naval Group officially opened Alexandria Naval for Maintenance and Industry, its Egyptian subsidiary which will be responsible for the maintenance of Egyptian Navy vessels built and delivered by Naval Group.“The strategic alliance between Naval Group and Egypt contributes actively to the international rise of the Egyptian Navy while contributing to its modernization process. The subsidiary will reinforce this effort by establishing a continuous local footprint,” the company said in an announcement.Alexandria Naval for Maintenance and Industry (ANMI) will guarantee the optimal use of the vessels as well as carrying out the upcoming upgrades on the four Gowind corvettes, the two LHD, the FREMM frigates and other potential vessels.The maintenance activity will complete the successful industrial cooperation program supporting the construction process of the three locally built Gowind corvettes. This operational subsidiary will be the privileged platform to support the ongoing dialogue with Egyptian actors within the frame of the multiannual naval contracts. The new entity is expected to generate direct and indirect jobs in the related industrial sectors in Egypt.“Naval Group is strongly committed to maintain the performance of the Egyptian Navy’s vessels over the long run. The multiannual maintenance contract constitutes a major milestone and will grant an additional industrial capacity for ANMI.’ declared Nathalie Smirnov, Naval Group’s Executive Vice President in charge of Services.The creation of the subsidiary constitutes an additional constructive step in Naval Group’s long-term partnership with Egypt. In July 2014, the Ministry of Defense of the Arab Republic of Egypt signed a construction of four Gowind corvettes. The first of class was built in Lorient and delivered to Egypt on September 2017. The second of the series is currently built through technology transfer in Alexandria Shipyard and was launched in September 2018. Naval Group delivered the Fremm multi mission frigate Tahya Misr in August 2015. In June 2016, Naval Group delivered two Mistral-class Landing Helicopter Dock vessels to the Egyptian Navy. View post tag: Egyptian Navy Share this article View post tag: Naval Groupcenter_img Photo: Photo: Naval Group View post tag: Alexandria Naval for Maintenance and Industrylast_img read more

Read More »

Student Journalists Pushing For Press Freedom Bill

first_imgBy Makenna MaysTheStatehouseFile.comINDIANAPOLIS – When Southport High School senior Andrew Tapp was approached by his advisor to lobby for a student press freedoms bill last year, he did so without hesitation.“I’m very fortunate at Southport not to face censorship from our administration, but I know plenty of students all across the state of Indiana who do face censorship,” Tapp said.The bill developed with the student-powered New Voices Initiative, a nationwide campaign that works with advocates in law, education, journalism and civics to write legislation that protects student press freedoms.There have been incidents across the state where school administrations have censored student publications and disciplined media advisers such as a current case at Plainfield High School. A media adviser is currently under fire for allowing her students to publish a dating guide that administrators deemed inappropriate.“There’s nothing truly in Indiana code that protects First Amendment rights of student journalists and their advisers,” said Ryan Gunterman, executive director for the Indiana High School Press Association, which is housed at Franklin College, which also owns TheStatehouseFile.com.This epidemic of censorship stems from a 1998 Supreme Court case, Hazelwood v. Kuhlmeier, which ruled student’s First Amendment rights are not violated when school officials edit or prevent publication of material in school newspapers.The first version of Indiana’s press freedom bill debuted in the 2017 legislative session. However, after passing the House education committee with only four opposing votes, it died on the Senate floor after last minute opposition from the Indiana Department of Education. A new version of the bill has been drafted for this legislative session, and contains more concise language, as well as defining what school activities are and listing what policies must include.The Indiana Department of Education declined comment because officials have yet to see the latest version of the bill.If the updated bill is passed, it would provide protections for student journalists to research and report about news in their schools, as decided by their advisors, but without interference from administration. It would also provide a safeguard for advisors protecting them from any retaliation from the administration for supporting the students’ right to report freely.The Indiana School Principal Association is one of the organizations that took issue with the bill because they believed that the bill didn’t give principals any ability to edit, make any changes or offer any suggestions regarding school publications.“We are not opposed to student journalism at all,” said Tim McRoberts, associate executive director of the Indiana Association of School Principals. “We just want to make sure that administrators have a voice in that process because the administrators are the ones held accountable.”However, for those supporting the bill, its importance extends beyond student journalism.“This bill is trying to change what is normal in this state, where the First Amendment is normal, and censorship is not,” said Gunterman.Tapp worked with legislators and other student journalists to draft the first version of the bill for the 2016 legislative session. He spent countless hours at the Statehouse lobbying for the bill and testifying before both the House and Senate education committees.“It’s not necessarily fighting a battle for myself, but for those who can’t, the ones who are in schools that don’t have journalism programs because they were censored out of existence,” Tapp said.Rep. Ed Clere, R-Albany, authored the bill and was adamant that student journalists should take a leading role in every part of the process. Last session, student journalists from all over Indiana participated in the process from bill drafting, introducing legislation and testimonies.“This legislation has been and will continue to be student led,” Clere said.Clere has a personal interest in this bill as he has a journalism background. He was a student journalist in high school when the Hazelwood case was decided.In 1987, the principal at Hazelwood East High School in Missouri prohibited student journalists from publishing articles about teenage pregnancy and divorce on the grounds the that the subject was inappropriate.The case was fought to the U.S. Supreme Court which ruled that the First Amendment rights of student journalists are not violated when school officials prevent the publication of certain articles in the school newspaper.“When I joined the staff of my school newspaper, the shadow of Hazelwood had just fallen over student journalism, and nearly 30 years later, Hazelwood is still casting a shadow,” Clere said.McRoberts, who was a high school principal for 10 years, said that not once in his time as a principal did he have to edit or censor any material published by students.“We just felt that the Supreme Court decision is a good guideline landmark for administrators, and it does give the principal and administrator that ability to head something off if they think that it’s going to be an issue,” McRoberts said.Clere said that this legislation would also be a teaching opportunity for journalism students.“This legislation is more than just about student journalism, it’s about journalism education, civics education, fostering and promoting free speech and allowing and encouraging important discussions to go on in school communities,” Clere said.He said that they tried from the beginning to reach out to school administrations, principals, superintendents and school boards to address their concerns about the bill and come up with acceptable language for the bill.“Ultimately and belatedly, we realized they were unwilling to accept a meaningful bill,” Clere said.During this process, McRoberts said that some changes were made to the bill by the Senate that would give the principal some authority if community standards were violated. However, when the bill went back to the House, it was changed back its original language.Clere said that a lot of the opposition came from the schools’ wish to maintain total control, which he believes is not good for education or democracy. He insists that there are numerous checks and balances in place that would in no way give students free reign.“I hope most administrators don’t think as poorly of their students as their lobbyists indicated,” Clere said.McRoberts said that saying administrators want absolute power sells principals short.“To say that I just want to maintain absolute power is an overstatement,” McRoberts said, saying administrators develop policies about student behavior whether it’s about cell phone use or dress code, and this is just a continuation of those policies.Clere said that it is important to remember that schools are government entities.“With any governmental entity, the government officials would love to decide what gets published or broadcast,” Clere said.However, Clere said that these decisions should not be up to government officials, and student journalists in consultation with advisors and the administration will make responsible decisions.As the new version of the bill moves forward, Gunterman said they will continue to contact legislators, bring awareness to the bill and speak with opponents to address their concerns but make sure that they are not sacrificing anything within the legislation.“If we sacrifice any of that, and even like a little bit in terms of leaving it up to a certain administrator to decide whether or not to censor something they just don’t like, then there’s really no purpose of the bill,” Gunterman said.McRoberts said that student journalism is important to them, but they just can’t relinquish the power of the principal to be involved in the publication process.“We think that journalism is an important part of the school experience and we think it’s valuable,” McRoberts said. “We want to do whatever we can do to promote that.”Meanwhile, Tapp is hoping for a better outcome this time around.“For me, it would be a victory for the guys who are at these schools who are censored to high heavens and more than anyone should be,” Tapp said. “But it would be a victory for them and I just played a small part in getting a bill passed that would make their lives better.”FOOTNOTE: Makenna Mays is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalism students.FacebookTwitterCopy LinkEmailSharelast_img read more

Read More »

Weekly Market Review: February 3, 2020

first_imgA growth rate for the U.S. economy of +3% per year has been the expected standard for our country for years, in spite of the fact that we have not hit that benchmark since 2005. Our +2.3% growth rate in 2019, i.e., year-over-year increase from 2018 to 2019, pushed the size of the U.S. economy to a record $21.7 trillion, up +$869 billion in the last year. The economy of the United States, the largest in the world, is +53% bigger than second place China’s $14.2 trillion economy (source: Commerce Department).The American homeowner has made a significant comeback in the last three years. From 12/31/16 to 12/31/19, the number of U.S. homeowners has increased +5.1 million to end last year at 80.7 million. Over the same three years, the number of U.S. renter households has increased just +237,000 to 43.3 million (source: Census Bureau).The Congressional Budget Office (CBO) reported last week that our nation’s “debt held by the public” is projected to rise from $17.2 trillion today to $31.4 trillion by 2030. The $31.4 trillion of debt is equal to 98% of the U.S.A.’s projected 2030 gross domestic product (GDP), resulting in a higher percentage of “debt-to-GDP” than at any time since the end of WWII. Purists believe the nation’s debt problem is even worse – the $17.2 trillion of “debt held by the public” does not include $6.1 trillion of “intergovernmental debt,” i.e., Treasury bonds held by government trust funds such as Social Security (source: Congressional Budget Office).Notable Numbers for the Week:MOST IN A FEW – 10% of American households own 84% of all stocks in the country, including direct ownership of general securities and indirect ownership through mutual funds and other pooled accounts that are held both in pre-tax and post-tax accounts (source: Survey of Consumer Finances).THE IMPACT? – 9.3% of the world’s population is at least age 65 in 2020. 12.0% of China’s population is at least age 65 in 2020. 16.6% of the U.S.A.’s population is at least age 65 in 2020 (source: U.N. Population Division).THE NEXT CENTURY – If you are having a daughter or granddaughter born in 2020, and that newborn girl lives an average female life expectancy of 81.2 years, she will live to the year 2101. Updated life expectancy numbers for American babies were released on 1/30/2020 (source: Center for Disease Control).FEWER TOOLS AVAILABLE – The Fed cut short-term interest rates by 5 percentage points during the nation’s last recession (a downturn that ran from 12/2007 to 6/2009), an action that could not be replicated today since the Fed’s key short-term rate is 1.75% (source: Federal Reserve).last_img read more

Read More »

Texas Camping World Truck pit assignments

first_imgKeystone Light Pole Award winner Johnny Sauter enjoys first pick of pit stall READ: Paint Preview Five-time Keystone Light Pole Award winner Johnny Sauter will lead the field to green in the WinStar World Casino 400 at Texas Motor Speedway on Friday night. READ MORE: ___________________________________________________________________________________________Talk about this story with fans below and start a topic of your own in our fan forum. READ: Viewers Guide for Pocono, Iowa, Texas WATCH: Preview Show: Pocono READ: All news from Pocono, Iowa, Texas He also hopes to be the first truck out of the pits, picking the second pit stall but the first with an opening at pit out heading into Turn 1. His ThorSport Racing teammate, Matt Crafton, who qualified eighth, chose the fifth stall, which has the second opening on pit road behind him.Sauter’s fellow front-row starter Ty Dillon will roll out of the seventh pit stall on the other side of that second pit opening from Crafton.last_img read more

Read More »

Trail Mix: The Nashville Cats – How Session Players Built A City

first_imgChet Atkins and Jerry Reed, two Nashville Cats, doing a little session work in the mid-1960s.You know their work — signature guitar licks, drum rolls, or bass lines on countless platinum selling records — but you might not know their names.Known collectively as The Nashville Cats, a cohort of session players — musical hired guns, if you will — appeared on virtually every great record to come out of Nashville as, by the mid-1960s, the Music City established itself as the center of the country music world. These pickers might have toiled in anonymity, their efforts and names lost to history, if Bob Dylan hadn’t come to town.Dylan, arguably the greatest folk rock musician in history, came to Nashville to record his seminal Blonde on Blonde in 1966. Why Nashville? Well, because of The Nashville Cats, of course. Dylan, to everyone’s benefit, employed these phenomenal players during the recording session for Blonde on Blonde (and, later, two more recordings) and achieved what many believe is his best work.And the rest of the music world paid attention.Soon after, other iconic musicians from outside the country music sphere came calling. Joan Baez, Paul McCartney, Leonard Cohen, and Neil Young, among others, all made trips to Nashville and the Nashville Cats made appearances on their recordings as well.At the same time, Johnny Cash began bringing these same folk rock stars onto his burgeoning television show, shot at the Ryman Auditorium, at the time the home of the Grand Ole Opry and country music’s most hallowed stage.As these musical worlds mingled, the sounds of Nashville changed and paved the way for the musical melting pot Nashville is today.Opening next week at the Country Music Hall of Fame Museum in Nashville is Dylan, Cash, and The Nashville Cats, an exhibit showcasing this cadre of unsung heroes who were instrumental in creating a sound, and a scene, in Nashville through the middle of the 20th century.Featuring the artwork of artist Jon Langford and countless period artifacts, the exhibit highlights the sights and sounds of a musical era that turned Music City – and, by extension, the rest of the American music scene – on its head.Michael Gray, exhibit curator at the Country Music Hall of Fame Museum, and Pete Finney, guest curator, were gracious enough to spend some time discussing the new exhibit.BRO – Would Nashville be Nashville without the Nashville Cats?CMHOF – It would certainly be a very different Nashville. The city has long been defined for many but is music. The “Nashville Cats” – a catch phrase used for the city’s pool of talented sessions musicians – are most responsible for creating the sounds that define Music City. Country music is a big part of that mix, of course, but pop, rock, folk, and even jazz have long been featured in music that comes from the city.BRO – In the history of modern music, how seismic an event was Bob Dylan coming to town to record Blonde on Blonde?CMHOF – Aside from the fact that Blonde on Blonde is widely considered to be among thebest albums by one of the most important figures in the rock era, it was the “big bang” for the massive influx of Dylan’s rock and folk peers that this exhibit explores. It was the musical brilliance of the Nashville players on that album that made Dylan return to the city to record, and it was Dylan’s massive influence on his peers that made so many important artists come here in the years to follow. In turn, the music made here during that period has influenced countless other artists, up to the present day. These are all themes explored in depth in the exhibit.BRO – Other than the items on display in the exhibit, what else might museum visitors expect to see?CMHOF – The late 1960s and early 1970s are known for being a very colorful time, with an adventurousness in art and design that frequently mirrored the often uninhibited music of the era. The art work, photographs, and vintage advertisements in the exhibit capture much about the cultural elements and fashions of the decade, as well as the music. The exhibit also includes an overlay of wonderful film clips, many of which are very rare.BRO – How did you get Jon Langford involved?CMHOF – Jon Langford was one of several artists considered to do the main art work for the exhibit. He has an extremely bold and distinctive style and a long immersion in the music of Bob Dylan and Johnny Cash. Langford is known for his powerful portraits of country and rock icons, including Dylan, Cash, Hank Williams, and Elvis Presley. Also a founding member of the influential punk band The Melons and hard-country rockers The Waco Brothers, Jon brings a punk rock instinct and singular artistic eye to a painting style that demands engagement. Langford’s attraction to country music stems from a love of story telling, from the music’s simple roots, and from country’s parallels to the punk aesthetic – often simple in form, with content focused no working men and women living in the real world.BRO – If you opened this exhibit again in 2064, who are some of the contemporary Nashville Cats that might be showcased?CMHOF – There are so many great musicians here, and the recording scene has become more diverse than ever, so it’s hard to pick just a few. But certainly Michael Rhodes, Paul Franklin, Stuart Duncan, and John Hobbs are among those who have earned a spot, with many years of playing with a wide range of artists and an incredible diversity in styles.BRO – Is there any one particular item in the exhibit that gets your heart pumping?CMHOF – Norbert Putnam’s Fender Precision Bass has such an incredible history, and with its classic design and weathered look, it wears that history like a badge of honor. It was used on thousands of recording sessions, with everyone from Elvis Presley, The Monkees, Linda Ronstadt, Chet Atkins, and Jerry Reed.Dylan, Cash, and The Nashville Cats opens at the Country Music Hall of Fame Museum in Nashville on Friday, March 27th. The exhibit, along with its accompanying activities, will run for two years. For more information about the exhibit, hours of operation, and other cool things going on at the museum, please check out the Country Music Hall of Fame Museum’s website.last_img read more

Read More »

Argentina Bolsters Radar System ahead of G20 Summit

first_imgBy Eduardo Szklarz/Diálogo June 21, 2018 Argentina is building up its radar system to guarantee adequate airspace surveillance during the G20 leaders’ summit slated for November 30 and December 1, 2018, in Buenos Aires. The country will overhaul its long-range MTPS-43 and TPS-43 radars and manufacture RAM-2, a mid-range radar. The initiative is part of a broad process to develop and install sensors under contracts between the Argentine Air Force (FAA, in Spanish) and the Institute for Applied Research (INVAP, in Spanish), a high-tech firm from Argentina. Until now, the priority for radar installation was the northern border, where drug and human trafficking rings operate. But, with the upcoming G20 summit, which will bring together the leaders of the world’s most influential countries in Buenos Aires, Argentina’s Ministry of Defense decided to ramp up surveillance around the capital as well. “We already have a radar up and running in the city of Merlo [about 40 kilometers from Buenos Aires], but its range is limited. For the G20, we decided it was necessary to monitor and control the airspace of the entire province of Buenos Aires,” said Colonel Carlos Marcelo Villa, director of Radar Sensors at FAA’s General Directorate of Materiel. “With three additional mobile radars, we will have enough capacity to ensure we can fully defend our airspace,” he told Diálogo. Juan Belikow, a professor of International Relations at the University of Buenos Aires, told Diálogo that the radars will be of utmost importance for the event’s security. “Certain heads of state would not come to the country unless they were sure this requirement would be met. It’s also a mandatory precondition for any G20 summit location,” Belikow said. “This equipment will also be essential for the fight against narcotrafficking and the smuggling of other illegal goods in the region.” The three radars Developing the Argentine radars entails two processes: upgrading and modernizing. “Upgrading is when you have a component and you improve that same component,” Col. Villa explained. “Modernizing is when you swap out a component for something that serves a more modern function.” The Argentine Ministry of Defense and FAA chose to equip themselves with the following radars for the G20: • A 1978 MTPS-43 mobile radar that is 3D (azimuth, distance, and height) and long-range (200 nautical miles or 360 km). This device was already modernized and in operation in the province of Chaco in northern Argentina. INVAP will upgrade it. • A 3D, long-range TPS-43 mobile radar, also made in 1978. This radar was not in operation. “We will modernize this radar and make it into an MTPS-43, so the two radars will be identical,” Col. Villa said. • A 3D, mid-range RAM-2 radar (range of 170 nautical miles or 306 km). This is a new radar currently being developed. “As a radar specialist, I can tell you that the capabilities of these sensors are similar to international ones. Argentina achieved the ability to develop these systems autonomously,” Col. Villa said. “In addition, 70 percent of the components are manufactured in Argentina.” Situated in strategic places, the three devices will provide comprehensive coverage of the province of Buenos Aires. “It will not be possible to enter the province’s airspace without being detected by these radars,” Col. Villa added. “After the G20, the MTPS-43 radar will go back to Chaco, and the other two will most likely be used to ensure the security of northern Argentina’s airspace as well.” The modernization, upgrade, and manufacture of these radars will take between seven to 10 months from when the contracts are signed. “The goal is to have one radar in August, the other in September, and the third in October,” Col. Villa said. “We are moving very swiftly with INVAP, trying to minimize risks and meet those targets.” Coordination center FAA highlighted the interagency cooperation that will take place during the G20 summit. “Airspace surveillance and control are our most important responsibilities. We share that information with the security forces so they can perform the tasks within their mandate,” Col. Villa said. The officer emphasized that there will be an air defense coordination center working side by side with a similar center for ground defense. Both will be in constant contact with security forces. The new radars will form part of the National Airspace Control and Surveillance System (SINVICA, in Spanish), which seeks to achieve aerial and maritime coverage of all of Argentina’s territory. “SINVICA is an ambitious program with a large number of radars throughout the country,” said Col. Villa.last_img read more

Read More »

5 tips to achieve top-of-digital-wallet status

first_img 151SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With consumers naming financial institutions as their most trusted digital wallet providers, credit unions already have something working in their favor. The next step is translating that confidence into increased loyalty. A great place to start is understanding what members want.Recent research shows members want mobile payments. More than 32 percent of U.S. consumers surveyed ranked that option as the technology they would likely use for purchases in 2017.Mobile is slated to become a bigger presence in the coming years. One global report found that 70 percent of respondents believed mobile payments will surpass credit and cash by 2030. “Given these findings, credit unions should continue their focus on digital wallets,” said Brian Day, director of digital payments products at CO-OP Financial Services. “An increasing number of consumers are seeing the value of digital wallets, which opens the door to many new opportunities for credit unions.” Payment capabilities are just one of many functionalities contributing to consumers’ wallet loyalty.  “If consumers’ digital wallets are tied to their payment cards and other accounts, such as their gym memberships, those credit-union-issued cards remain front and center,” said Amy MacMullen, senior product manager at CO-OP. “Any way credit unions can add convenience to their digital wallets will win consumers.”Credit unions should consider the following tips from Day and MacMullen to ensure their digital wallets are go-to selections:Embrace all the “Pays.” Some members may have iPhones while others may opt for Android devices. “It’s important not to alienate one group of smartphone users with your digital pay options,” noted Day. “Offering a few different options like Apple Pay, Samsung Pay and Android Pay helps ensure every member’s needs are met.” Promote it in your mobile banking app. With 48 percent of people using mobile banking apps, there is much opportunity for credit unions to get their digital wallet offerings in front of members. “Tucking reminders to enroll in a digital wallet within the online or mobile banking app can prove successful,” said MacMullen. “Frequent app users will be exposed to the marketing message several times, thus increasing the chances they enroll.” Offer enhanced service. Including member service capabilities within a digital wallet may be key in winning loyalty. Chatbots can give members the answers they want quickly and efficiently, for instance. “This can simplify a member’s life greatly,” noted Day. “Instead of having to exit the digital wallet to find support, the assistance they need is literally right at their fingertips.”Following any one of the tips outlined above is likely to deliver positive results, but credit unions would do well to consider implementing them all. Credit unions partnering with CO-OP Financial Services receive the added benefit of industry expertise and technology dedicated to delivering a positive mobile experience. The new CO-OP, enhanced by bench strength from recently acquired TMG, gives credit unions the tools they need to make their digital wallets top of mind.center_img Let members store more than cards. To mirror a physical wallet, the digital wallet should be more than just a place to house credit, debit and prepaid cards. It should also allow members to keep track of coupons, offers and other accounts. Day noted, “This builds on the convenience of digital wallets, giving a credit union’s members another reason to go digital.” Integrate loyalty programs. A national survey of U.S. consumers revealed 70 percent had higher opinions of brands that digitized their loyalty programs. “Kohl’s has done a great job with this,” noted MacMullen. “Within the Kohl’s Wallet, consumers can see their payment cards, gift cards, Kohl’s Cash and all other promotional offerings. Plus, they are empowered to choose which discount they want to use at checkout, allowing them to save offers for future purchases.”last_img read more

Read More »

Barriers exist keeping CUs from accessing FHA lending program

first_imgThe Federal Housing Administration (FHA) plays a critical role in homeownership, yet impediments exist keeping credit unions from accessing the FHA lending program. CUNA submitted a letter Thursday to a House Financial Services subcommittee hearing on the FHA.“Chief among these is the absence of a FHA regulatory environment where lenders can operate with clarity and certainty regarding the program requirements and the potential penalties for noncompliance,” the letter reads. “Recently, the Department of Housing and Urban Development proposed amendments to the FHA lender annual certification statements designed to increase lender confidence. We welcome the FHA’s commitment to provide the clarity and certainty necessary to increase lender participation in the FHA program.”CUNA made several suggestions that could go a long way toward creating a regulatory environment that boosts credit unions’ confidence in the FHA program. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Read More »