Global fifth-generation cellular wireless, better known as 5G, is going to have a big impact within financial services–including in one way that will be “counterintuitive” to many CUs, according to the experts.5G will dramatically enhance what mobile banking apps offer, put online lending on steroids, and help FIs reach the underbanked, analysts told CUToday.info. The best part: it likely won’t cost more money to develop and deliver services on that platform.Lou Grilli, AVP of product development and thought leadership at Trellance, said 5G will provide a big boost to mobile banking apps, as many more sophisticated services can be offered.“Currently, the typical credit union mobile banking app is limited to fairly basic functions, with some credit unions starting down the path of more complex operations such as digital loan originations,” said Grilli. “Education and explanation become more important with bigger financial transactions. Explaining a four-year versus a six-year auto loan—or a fixed versus variable rate mortgage—is difficult and boring in text. However, a short animated interactive clip could help the member make a more informed decision as to the monthly payment amount versus total interest paid over the life of the loan. 5G’s speed will permit this.” continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
“We expect the government to immediately draft the regulation and discuss it with the House on the specifics of the delay [period],” said the Golkar Party politician.The 2016 Regional Elections Law mandates that the 2020 elections be held in September, with a voting day of Sept. 23, 2020 as stipulated in a 2019 KPU Regulation.Read also: Several regions postpone early stages of 2020 regional elections as COVID-19 spreadsDoli said that the KPU had suggested three alternative dates for voting day: Dec. 9, 2020, March 17, 2021 and Sept. 29, 2021. The government would pick a date and then consult the House. The KPU’s Pramono Ubaid said that the commission was seriously considering postponing the regional elections until September 2021, seeing how the COVID-19 outbreak was developing in Indonesia.“We will decide the date later, and the government will issue a Perppu. We can’t revise the Regional Elections Law in circumstances like these,” Pramono said.In addition to postponing election day, the government, the KPU and the House had also agreed to reallocate the remaining balance of around Rp 9 trillion (US$550 million) from the election budget for COVID-19 prevention and control.“The [epidemic] should be prioritized over political contestation. The funds can be used by each region to [tackle] the disease,” said Pramono.The Bawaslu’s Fritz Edward said that either a Perppu or a Home Minister’s regulation should be drafted to regulate the budget reallocation.“It is important to have a legal basis for [the reallocation]. Of the total Rp 14 trillion allocated for the elections, only Rp 5 trillion has been used, so around Rp 9 trillion remains that can be reallocated for managing the outbreak,” he added.Topics : The government, the House of Representatives and the General Elections Commission (KPU) have agreed to delay the 2020 regional election amid the COVID-19 pandemic.The decision was made during a hearing on Monday between House Commission II on home affairs, Home Minister Tito Karnavian, KPU chairman Arief Budiman, Elections Supervisory Agency (Bawaslu) head Abhan and Election Organization Ethics Council (DKPP) acting chairman Muhammad at the Senayan legislative complex in Central Jakarta.House Commission II chairman Ahmad Doli Kurnia said that the government had agreed at the meeting to immediately draw up a government regulation in lieu of law (Perppu) to provide the legal basis for the postponement. He added that the rescheduled date of the elections were still being discussed.
The Asian Development Bank (ADB) has approved a multimillion-dollar loan to support Indonesia’s disaster resilience by providing quick access to emergency financing during the coronavirus pandemic. The US$500 loan contributes to expanding Indonesia’s disaster management allocation to 1 percent, from 0.04 percent in the 2019 state budget.The loan facility is part of the ADB’s Disaster Resilience Improvement Program that offers contingent disaster financing following the declaration of disaster or health emergencies.The coronavirus epidemic, which Indonesia declared a health emergency on March 31, has reached a cumulative total of 257,388 confirmed cases and 9,977 COVID-19 deaths as of Wednesday, and led to a second-quarter economic contraction of 5.32 percent year-on-year. The ADB disaster resilience program is part of its newly endorsed 2020-2024 country partnership strategy for Indonesia, under which the bank plans to extend $10.7 billion in loans between 2020 and 2023. The partnership strategy is intended to help Indonesia attract more infrastructure investments through public-private partnerships and to promote gender equality through greater access to formal banking for Indonesian women.The bank also plans to improve the use of technology in its projects, such as the use of satellite technology for flood mapping.“The new country partnership strategy reflects ADB’s strong commitment to helping Indonesia boost human development, improve economic competitiveness and address disaster risks and environmental sustainability, amid heightened economic uncertainty and rising global threats such as climate change,” ADB president Masatsugu Asakawa said in the statement from the bank.“The strategy provides a flexible and agile framework for ADB to help Indonesia incorporate green recovery and other sustainable development options, while strengthening domestic resource mobilization to support the recovery efforts,” he continued.The bank’s strategy aligns with Indonesia’s 2020-2024 National Medium-Term Development Plan, or RPJMN.“We greatly appreciate the ADB’s strong support for Indonesia over the years, especially the speed of the ADB’s response and its close and active engagement with the government during the COVID-19 pandemic,” the statement quoted Finance Minister Sri Mulyani Indrawati as saying.“The partnership strategy positions the ADB as a key partner with innovative solutions to complex development challenges. We welcome the ADB’s focus on inclusive, competitive and sustainable development,” she said.Topics : “The program aims to help the government boost environmental sustainability, disaster and climate resilience and human capital development, including health and gender equality,” financial sector specialist Benita Ainabe of the ADB said in a statement issued by the bank on Wednesday.“It will help the government develop recovery and reconstruction plans with greater certainty, reduce infrastructure damage and prevent the loss of life in future disasters,” she said.The development bank was established in 1966 to focus on engendering development and cooperation in the Asia-Pacific region and currently has 68 member countries. It previously approved a $1.5 billion loan for Indonesia’s coronavirus response in April.The administration of President Joko Widodo has allocated Rp 695.2 trillion ($46.8 billion) for a coronavirus relief package to support the healthcare system and facilitate economic recovery programs, of which it has spent 36 percent to date.
UK local authority pension pools building up internal management capacity must be conscious of the risk of teams underperforming and failing to meet targets.Ian Barnes, head of UK and Ireland at UBS Global Asset Management, said new internal teams at a number of the eight pension pools to be formed by English and Welsh local authority funds would struggle as much as the asset management industry in their quest for alpha.Barnes also rejected the suggestion the new asset pools would shift from using asset managers for conventional mandates, such as global equity and government bonds.Speaking as UBS published its latest Pension Fund Indicator report, he told IPE the asset management industry remained strong, although he acknowledged that it faced growing competition for LGPS assets as the pools started undertaking joint procurement exercises to consolidate mandates, or shifted management in-house. “If they do decide to internalise and run money actively, just as many will fail in doing that as external active managers would fail,” he said.Barnes predicted there would be a “natural balance” between outsourcing and in-sourcing, as pension funds able to find and retain good staff achieved lower management costs due to individual pools’ approach as not-for-profit entities.“But a lot of internal teams will fail and deliver underperformance – and it won’t really matter how cheap they are if they are under-performing,” he said. However, despite the growing competition for LGPS assets, where UBS currently has 30 clients, including the UK’s largest, the Greater Manchester Pension Fund, Barnes predicted asset managers would continue to see interest from the local authority sector.He said managers only offering one asset class well would continue to benefit, as “quality will really shine through for them”.Barnes added: “Multi-asset managers, they will be able to strongly argue for the governance advantages of coming to one house for multiple asset classes, and that’s where the growth of houses like ours will come from.”A number of emerging pools, including the Local Pensions Partnership and the Northern pool, comprising GMPF, West Yorkshire Pension Fund and Merseyside Pension Fund, have said they wish to grow their internal management capability gradually.Additionally, the Border to Coast Pensions Partnership comprises a number of funds already managing assets in-house and is expected to further grow its capabilities in an effort to reduce management costs.
Promoted ContentWho Earns More Than Ronaldo?20 Completely Unexpected Facts About ‘The Big Bang Theory’Top 10 Enemies Turned Friends in TVTop 10 Most Romantic Nations In The World6 Interesting Ways To Make Money With A Drone10 Risky Jobs Some Women DoThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalThe 10 Most Irresistible Asian ActressesThe Best Tarantino Movie YetCouples Who Celebrated Their Union In A Unique, Unforgettable WayThese TV Characters Proved That Any 2 People Can Bury The HatchetWho’s The Best Car Manufacturer Of All Time? Loading… Read Also: Man City are no longer ‘noisy neighbours’, says Pep Guardiola Further up the pitch, 34-year-old David Silva is calling time on his Etihad career after entering his tenth season at the club. Phil Foden looks set for more minutes as a result, but Guardiola would still apparently like to bring in Saul Niguez, 25, from Atletico Madrid to add competition in the middle of the park. FacebookTwitterWhatsAppEmail分享 And Guardiola is apparently intent on bringing in just as many, with three defenders high on his wishlist. The Spaniard failed to replace captain Vincent Kompany last summer, and he is believed to have his sights set on highly-rated Benfica youngster Ruben Dias, 22. Also attracting interest from City is Villarreal’s Pau Torres, 22, who made his Spain debut in November. He could arrive at the Etihad as a replacement for Nicolas Otamendi, who has been far from convincing this season. Manchester City boss Pep Guardiola is reportedly making plans for a huge squad overhaul this summer. The Telegraph claims as many as five first-team players could be set to leave the Etihad at the end of the season. Guardiola is also determined to sign a new left-back, with 24-year-old Leicester City ace Ben Chilwell top of his wish list. It means one of Benjamin Mendy, Oleksandr Zinchenko or Angelino will leave, with the latter most likely after featuring just three times since rejoining City from PSV Eindhoven last summer.
Conner Ertel (Provided)CINCINNATI – A local athlete recently had the opportunity to compete in the 2014 Cincinnati Reds Baseball Skills Champions Day at Great American Ball Park.Conner Ertel, 10, of Batesville, competed against other Tri-State top scorers in the third and fourth grade age bracket and finished sixth overall.The fourth grader at St. Louis School in Batesville said he really enjoyed his experience at the stadium.“My favorite part was probably seeing my name up on the big screen! They post all the names up there and where they were from and I finally saw my name,” Ertel recalled.Over 1,100 boys and girls age six to fourteen participated in the 2014 season of the Cincinnati reds Baseball and Softball Camps. During camp, each player competed in a skills competition consisting of batting, fielding, throwing and running skills.At the conclusion of the summer, the top ten finishers in each age category competed at Champions Day at GABP.“My favorite part was probably seeing my name up on the big screen! “Ertel competes on a traveling team and says his favorite baseball position is outfield.The multi-sport athlete says his attention is now shifted to football where he plays running back.
RelatedPosts Police probe Usain Bolt’s birthday party COVID-19: Usain Bolt tests positive after partying with Man City star, others Usain Bolt welcomes baby girl Legendary sprinter Usain Bolt has shared an adorable first picture of his baby daughter, revealing her name: Olympia Lightning.“Girl Dad #OlympiaLightningBolt,” Bolt said in a tweet from his official handle with pictures of his daughter. “I want to wish my girlfriend Kasi Bennett a happy birthday. I get to spend ur special day with u. I want nothing but happiness for uand& will continue to doing my best keeping a smile on ur face. We have started a new chapter together with our daughter Olympia Lightning Bolt,” said Bolt while wishing his partner on her birthday in another tweet.The 33-year-old has been dating Bennett, four years his junior, since 2014, but the pair only went public in 2016, according to a report in The Sun.In January, the Jamaican sprinter had confirmed his girlfriend was pregnant when he posted an Instagram photo of her in a red dress cradling her baby bump.Recently, former Formula One boss Bernie Ecclestone became a father for the fourth time at the age of 89.Ecclestone’s wife Fabiana Flosi, 44, gave birth to a baby boy and the couple named him Ace. Tags: Olympia LighteningOlympia Lightning BoltUsain Bolt
ELLSWORTH — A fired-up Hermon team beat the Ellsworth seventh- and eighth-grade football team 26-0 on Sept. 28, snapping a seven-game winning streak that stretched over two seasons. Fenceviewer Staff Town report wins award – October 11, 2014 Fitness trainer is now cancer-exercise expert – October 12, 2014 Bio Latest posts by Fenceviewer Staff (see all) Latest Posts Schoodic Grange hosting sale – October 30, 2014 The hard-tackling Hawks established a physical running game from the start and sent Ellsworth’s first- and second-string quarterbacks to the sidelines with ailments.Ellsworth was unable to get anything going offensively until the play of running backs Nathaniel LePage and Malcolm Svec and tackle Cameron Cote sparked a long drive at the end of the game.This is placeholder textThis is placeholder textUnfortunately for Ellsworth, a fourth-down fumble at the goal line left the team scoreless as time ran out.Ellsworth will play Orono on the road before returning home to face Dover-Foxcroft on Oct. 15 at 5 p.m.
The Hall of Fame announced the cancellations and says ticket-holders can use their tickets in 2021, convert them into a tax-deductible donation to the Hall or get a refund.___The professional tennis tours are extending their suspensions caused by the coronavirus pandemic through at least the end of July.The total number of tournaments scrapped by the ATP and WTA since March now tops 40.Both tours say they will make further scheduling announcements in June. Bremen is due to host Bayer Leverkusen on Monday in its first Bundesliga game back since the league was forced to take a two-month break due to the coronavirus outbreak.The club says the affected player has consistently tested negative for COVID-19, but “the decision to place him under quarantine was made in conjunction with the Bremen health authorities.”All players and staff members of the club have undergone five rounds of testing with no positive results so far.Bremen sporting director Frank Baumann says, “As a result, our team and our staff are not under any risk. This shows that the medical protocol is working and that infected individuals can be identified early on.”The Bundesliga is due to resume on Saturday with six games. All matches are to take place without spectators and with strict hygiene measures in place for the rest of the season. ___The International Gymnastics Federation is creating a fund to financially assist athletes and national federations struggling amid the pandemic.The fund will give about $400,000 to various groups in hopes of easing what FIG President Morinari Watanabe calls a “grave crisis.”This fund will be managed by the FIG’s Foundation for Solidarity. The foundation supported hundreds of athletes and federations in need through scholarships, financial aid following an accident and equipment donations since its inception in 2002. The criteria for applying for a grant will be released soon.The federation also said member organizations will not be required to pay 2020 dues. The FIG takes in about $120,000 from dues. The top tours already had been on hold at least until July 13. That was announced on April 1 on the same day that the All England Club said it would be canceling Wimbedon for the first time in 75 years because of the outbreak.___Atlético Madrid defender Renan Lodi has returned to training after having reportedly been cleared following a previous positive test for the coronavirus.The Spanish soccer club says Renan trained on his own.Spanish media reported that Lodi had tested negative after spending several days confined following an initial positive result. May 15, 2020 The league intends to pack eight rounds of games into just over one month to finish on July 22. League president Sergei Pryadkin says all games will be held in empty stadiums.The Russian Cup will also continue with the final on July 25. That means some clubs face up to 11 games to finish the season.A planned promotion-relegation playoff has been dropped with only the bottom two clubs in the top division relegated automatically as usual.The league has also adopted a rule change allowing up to five substitutions per match.___ The German soccer federation has delayed the restart of the men’s third-division because it doesn’t have political approval.The third division was scheduled to resume on May 26 amid the coronavirus pandemic but the federation says that can’t happen without the go-ahead from authorities around the country. Games in the first and second divisions will resume Saturday.The third division still has 11 rounds of games to play.The pandemic has put several third-division clubs under strain.Leader MSV Duisburg has financial problems and second-place Waldhof Mannheim told local newspapers on Thursday that it stopped training because it doesn’t have coronavirus tests. The Latest: Werder Bremen player goes into isolation ___The Michigan tournament where the LPGA Tour hoped to resume has been canceled.The LPGA says the Dow Great Lakes Bay Invitational will not be played July 15-18 because of the coronavirus pandemic. The tour did not offer any other specifics except for Commissioner Mike Whan emphasizing the long-term health of the tour is paramount.This is the only team event on the LPGA schedule. Whan says Dow has extended its title sponsor contract and the LPGA will return to the Great Lakes Bay region next year and beyond.The cancellation means the LPGA now hopes to return July 23-26 with the Marathon LPGA Classic in Ohio. ___Miami Dolphins fans will be given a chance to view Don Shula’s statue at their stadium in the first of a series of events to celebrate the late coach.Access to the statue by vehicle will be permitted next Friday and Saturday. Fans will be required to practice social distancing and are discouraged from bringing any items with them.The Dolphins will host a public memorial for Shula at the stadium once coronavirus concerns ease.Shula led the 1972 and 1973 Dolphins to Super Bowl championships. He died on May 4 at the age of 90. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___An unnamed Werder Bremen player must go into quarantine for two weeks after a close family member tested positive for COVID-19. Spanish teams have returned to training at club facilities but players must respect social distancing.___The Cypriot soccer federation has called off the season because of the coronavirus pandemic.The decision came after a team of medical experts rejected a set of health protocols drawn up by the federation and insisted that its own guidelines are followed.The federation said it couldn’t overcome the expert group’s demand that an entire team be quarantined for two weeks if any player tests positive for the virus. Omonia Nicosia, Anorthosis Famagusta, APOEL Nicosia and Apollon Limassol were the top four teams in the standings when the league was suspended and will represent Cyprus next season in European tournaments.The federation also decided that the number of teams in the first division next season will increase by two to 14. There will be no relegation this year but two teams from the second division will move up.The first division will revert to 12 teams the following season with four teams relegated and two teams promoted.___The Russian soccer league will restart on June 21 after a break of more than three months because of the coronavirus pandemic. More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports Associated Press Two teams are barred from playing until May 27 by the state of Saxony-Anhalt and can train only in small groups.___World Rugby has postponed July test matches involving southern and northern hemisphere nations because of ongoing restrictions on international travel during the coronavirus pandemic.The sport’s international governing body issued a statement Friday saying the mid-year test window will be rescheduled when cross-border travel and quarantine regulations are relaxed.New Zealand had been scheduled to play Wales and Scotland, Australia was set to play Ireland and Fiji and South Africa had planned to host Scotland and Georgia. World Rugby said the postponement is due “to ongoing government and health agency COVID-19 directives.” ___The International Tennis Hall of Fame’s 2020 induction ceremony for Goran Ivanisevic and Conchita Martinez has been canceled because of the coronavirus pandemic. So has the annual men’s grass-court Hall of Fame Open tournament.The induction was scheduled at the Hall in Newport, Rhode Island, for July 18. That is the same day the tournament was supposed to finish.But the COVID-19 outbreak has resulted in the suspension of all sanctioned tennis competition since March and at least until the end of July.Ivanisevic and Martinez now will be honored alongside any Class of 2021 inductees in July 2021. ___Aussie rules football will kick off again on June 11, with the second round of the Australian Football League to be played almost three months after the competition was suspended because of the coronavirus pandemic.Australian Football League chief executive Gillon McLachlan on Friday announced the matches for the next four rounds of the condensed season would be released within 10 days. The AFL, Australia’s most-watched sports league in terms of attendance and TV audience, was suspended on March 22 after one round.Quarantine requirements and travel restrictions from some states means players and staff from the four AFL clubs from Western Australia and South Australia — the West Coast Eagles, Fremantle Dockers, Adelaide Crows and Port Adelaide — will be temporarily be relocated to hubs on the Gold Coast, an hour south of Brisbane. ___
Published on February 4, 2016 at 12:14 am Contact Paul: firstname.lastname@example.org | @pschweds During the weekend of Jan. 22-24, the Orange hosted 12 players on official visits, nine of whom were either uncommitted or pledged to a different school. The other three were already verbally committed to SU. But by Thursday of the following week, all 12 players were committed to Syracuse and it all started with Clark’s unconventional announcement.While linebacker Rashad Smith flipped back to Florida Atlantic on Wednesday, the other 11 visitors all signed their letters of intent to join the Orange, making up 55 percent of SU’s 20-member 2016 recruiting class.“It’s never happened to me in 31 years of coaching,” Syracuse head coach Dino Babers said of the successful weekend. “… I didn’t know if it was a curse or a blessing, because it’s never happened before. It was a very exciting weekend. It was a weekend of fantastic camaraderie.”After Babers was hired by Syracuse on Dec. 5, he and his staff scrambled to put together a recruiting class in two months. The group finished with 18 three-star commits, according to 247Sports.com’s composite rankings.Clark said before he pledged, none of the recruits knew how they would commit. Once he got his out of the way, everyone else followed. Less than two hours after Clark committed, running back Jo-El Shaw pledged. Five hours after that, defensive lineman McKinley Williams committed to Syracuse.The next day, Sun., Jan. 24, was the busiest day of SU’s entire recruiting cycle. Within a span of two hours, safety Evan Foster, defensive lineman Jaquwan Nelson, Smith and wide receiver Devin Butler all chose SU.“I think (the mood) changed a lot,” Foster said of the weekend progressing, “because once people saw other people committing, I kind of think others were like, ‘Man, why not commit here? There’s only like a week left.’”As spots started to fill up, different players were told different things by the coaching staff. Clark said he was told there was only one offensive lineman spot left and jumped at the chance. Foster said he was told to take his time but felt the timing was right despite not originally planning to commit during the visit.The coaching staff stressed the possibility of early playing time, Foster said, and as each player took the opportunity, the majority of Syracuse’s 2016 class was solidified.But it all started with Clark’s unexpected announcement and eight commitments later, a core of Syracuse’s recruiting class was formed.“You could tell that it was a special group,” Babers said. “You get a foundation like that, with that 2016 class, and we can build upon that group in 2017 and 2018.” Comments Facebook Twitter Google+ Related Stories 5 notable tidbits from Dino Babers’ National Signing Day press conferenceSyracuse football recruiting: What to know about Syracuse’s Class of 2016Syracuse football recruiting: Track the Class of 2016Syracuse football recruiting: 3-star Michael Clark becomes 4th offensive lineman in 2016 classSyracuse football recruiting: 2016 athlete Devin Butler becomes 7th player to choose SU in past 24 hours Michael Clark stood in front of an auditorium filled with coaches, current players and fellow recruits. His host for the weekend, quarterback Zack Mahoney, introduced him. First by naming his hometown. Then by listing off his accolades. And concluding by letting Clark declare his recruitment status.The former Maryland commit stood still with his hands in his pocket. When he left for Syracuse that weekend, he was uncommitted but picked up an SU offer the day before on Jan. 22.Mahoney pointed toward Clark, who said he was committing to Syracuse, shocking everyone in attendance. The room erupted with cheers, claps and yells. Clark turned to Mahoney and hugged him.“I kind of kick-started everybody committing,” Clark said. “… After that, everything just started rolling. Everybody got closer as the weekend went on and everybody felt comfortable.”AdvertisementThis is placeholder textVideo Playerhttp://dailyorange.s3.amazonaws.com/wp-content/uploads/2016/02/signingday.mp4Error loading this resource00:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Courtesy of Michael Clark