Data Analytics will play larger role in 2015 cyber security

first_imgby: Brandon BoglerFollowing the alarming number of data breaches over the past year and a half, cyber security remains top of mind for financial institutions (FIs). As a result, FIs are working to determine the most effective means of battling future cyber security threats.Cyber security experts at Booz Allen Hamilton have looked ahead to the expected cyber security trends of 2015 and identified threats, as well as new approaches to cyber security.One key trend the firm anticipates is FIs’ increased reliance on data analytics for real-time threat analysis. According to the report, “The use of powerful, real-time analytics across multiple data sets – both structured and unstructured – will vastly improve the quality and speed of real-time cyber threat analysis while greatly reducing overall cost.”Citing the need for FIs to be more proactive in anticipating cyber breaches, experts predict an increase in information sharing centers known as “fusion centers.” These collaborations will allow Big Data analysis between departments, enhancing intelligence, hastening responses and cutting costs. This should, the experts agree, result in earlier threat awareness and more successful mitigation. continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

NAFCU Compliance Blog talks generic MLA oral disclosures

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The Department of Defense’s interpretative guidance released last week on its Military Lending Act changes clarifies that oral disclosures can be made in a variety of ways, including generically, writes Senior Regulatory Compliance Counsel Elizabeth LaBerge in today’s NAFCU Compliance Blog post.Under the MLA requirements, credit unions are required to provide oral disclosures in addition to written ones. LaBerge notes the confusion regarding the requirements that oral disclosures provide a clear description of the payment obligation of the covered borrower.DoD’s recently released interpretative rule clarifies that “reading all of the member’s account-opening disclosures does satisfy the rule, but it is not the only way to comply,” LaBerge notes.She adds that creditors can also “orally provide a clear description of the payment of the covered borrower by providing a general description of how the payment obligation is calculated or a description of what the borrower’s payment obligation would be based on an estimate of the amount the borrower may borrow.” continue reading »last_img read more

Saddle up the digital marketing monster

first_imgDigital Marketing is a huge, slippery, multi-armed beast, with tentacles reaching out in every direction. But if you can manage to grab hold and hang on, this powerful critter can take you for the ROI ride of a lifetime.But how do you rope this beast? There’s no place to put a saddle!Whoa there, cowboy.First, keep in mind that no one can do it all. You don’t have to tame the Digital Marketing beast all at once.Sure, it’s nice to leverage your efforts with automation, but at the end of the day, Digital Marketing is still hard work; it takes time, money, skill, and creativity.It’s also far too easy to get bogged down in tech talk and get distracted by the flavor of the week, so stay smart and focus your efforts. Check out new options and learn what you can, but don’t head off in a fashionable new direction while other aspects of your digital strategy are half-baked.The following four tips will help you start doing a better job wrangling this beast:Figure out where you are; prioritize and build from thereEvery one of our credit union clients is at a different stage of the digital marketing journey, but no one is starting from zero. Figure out what pieces of the puzzle you already have or can get quickly and build from there.If you’re still missing some digital marketing basics – MCIF, email addresses, permission, social media monitoring, analytics, etc. – your first goal should be filling in the gaps. You should have emails for almost every member, and you need at least basic analytics installed on your website.For example, if you’re sending out an email newsletter, make the most of that list by trying different content and campaigns. Run A/B tests to see which one gets more attention. Compare your newsletter data to the available MCIF data, and experiment with segmenting your lists.If you’re further along, look for gaps in your current tools and strategy. Are there ways to make your life easier, where can you automate more? What campaigns could use better creative? Does your website need an easier-to-use CRM? Budget time and attention, not just money.Max out the tools and relationships you already haveReview what you have, and compare it to what you actually use.We’ve worked with clients that were surprised to learn that they already had a CRM on their site, or a lurking MCIF. So if there are services you’re paying for but not using to their potential, dig in and start making better use of them.To give just one example, if you’re using Mailchimp for email newsletters, did you know they have a pretty spiffy CRM product? You can tag contacts to track, segment and filter as needed. Mailchimp also offers landing pages along with running Google and Facebook ads through their platform. Or if you’re using Constant Contact, they also offer surveys, coupons, and events. Both can be set up with autoresponders, automated drip campaigns, etc., and may just be enough of a CRM to get you started, without breaking your budget.And review your website to make sure you’re getting the most out of what you have. Are you at least adding and tracking landing pages for every promotion? Is it easy for a member/visitor to contact someone at the CU quickly, via phone, form or chat?One of the reasons we build credit union websites on the WordPress platform is that just about every service has a plugin, or needs a simple chunk of code added. Most CU websites could do a lot more, so check in with your website vendor if you aren’t sure.KISS – Keep It Somewhat SimpleWhen figuring out your Digital Marketing strategy, goals, and mix, stay focused on a few main goals at a time, and make sure they’re measurable, achievable, and relevant.This also means you should stick to what you can actually do, and do well. For example, a heavy focus on a complete content marketing strategy takes a ton of quality time to do right. But you can get your feet wet with some basic, achievable SEO goals, track the results over a few months, and use what you learn when building campaigns, blog posts, email marketing, etc.Leave room to experimentAt the same time, you still have to keep your eye on all that exciting shiny new stuff. One of the great strengths of Digital Marketing is the ability to experiment.Make sure you and your marketing and website partners are willing and able to experiment, and put some wiggle room in the time and money budgets for the creative variations needed, setting up and managing A/B testing with your website and email vendors, or for vetting and experimenting with CRM plugins.Pretty soon, you’ll start to figure out the secret of the many-tentacled Digital Marketing Monster – it’s really just a bunch of smaller monsters you can learn to wrangle one at a time! 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Brian Wringer Former watermelon farmer Brian Wringer wears several hats for iDiz Incorporated, including Web Projects Manager, Wordsmith, and Big Idea Guy. He builds better credit unions by day and weird old … Web: www.cuidiz.com Detailslast_img read more

How 6 credit unions cope with mortgage madness

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Historically low rates have kept mortgage activity humming at the nation’s credit unions, despite record-high unemployment and millions of mortgagesin forbearance or other deferral programs.How have credit unions kept up with the pace? CreditUnions.com asked some major players in the space three questions:What did you do in response to the pandemic to continue mortgage lending?How are you handling the increased application and processing activity going forward?Have you tightened or loosened lending criteria?Here’s what they said.last_img

Wegmans used as antibody testing location

first_imgFive of those selected are at Wegmans including the Johnson City location. JOHNSON CITY (WBNG) — In a statement sent to 12 News, Wegmans says it was notified Sunday morning that around 20 grocery stores in New York State will conduct anti-body testing. Testing is also being done at the Wegmans locations in Syracuse, Buffalo, Amherst and Rochester. Wegmans says each store will have about five nurses from the Department of Health to set up and conduct 100 to 150 antibody tests. Nursing staff was responsible for contracting and consenting the individuals who participate. The state completed about 100 tests in each of the Wegmans stores Sunday. Another 50 tests were started Monday morning.last_img

Retno calls on FPGH to be ‘positive force’ for equitable vaccine access

first_imgOther nations with more limited resources have opted to band together under multilateral initiatives to procure future vaccines or have secured bilateral agreements with vaccine-producing countries.Read also: New reckoning for WHO vaccine plan as governments go it aloneIndonesia is no exception, as it has ordered 30 million doses of a potential COVID-19 vaccine for delivery by the yearend and up to 340 million doses for delivery next year in deals with China and the United Arab Emirates.The World Health Organization (WHO) stated that the ideal goal was for each country to receive enough vaccines to inoculate 20 percent of its population, starting with health workers and the most vulnerable groups regardless of nationality. Retno said that meeting domestic needs and securing access to affordable vaccines could go hand in hand, highlighting that a global effort was necessary to overcome and recover from the pandemic together.“[The FPGH] must continue to stand behind multilateral initiatives such as the global allocation framework [of] the COVAX Facility to speed up vaccine development and ensure equitable and fair allocation,” she said. “No one and no country should be left behind.”The COVID-19 Vaccine Global Access (COVAX) is an initiative led by the Gavi vaccine alliance in coordination with the WHO and the Coalition for Epidemic Preparedness Innovations (CEPI) to purchase 2 billion doses of COVID-19 vaccines for equitable distribution to countries around the world in 2021. It has secured 300 million doses to date, reports AFP.WHO Director-General Tedros Adhanom Ghebreyesus, who attended Thursday’s FPGH meeting, said that the COVAX effort had only managed to secure less than 10 percent of global needs.He also underscored the danger of “vaccine nationalism” in compromising equitable access to future COVID-19 vaccines for all countries.Read also: Efficacy and safety first: Experts urge government not to put vaccines on pedestal”Once we have an effective COVID-19 vaccine, it’s vital that we also use it effectively. And the best way to do that is to ensure that some people in all countries receive it, rather than all people in some countries,” Ghebreyesus tweeted.The head of the global health authority lauded Indonesia’s efforts as the 2020 FPGH chair in advocating for “affordable health care for all”.The FPGH comprises Brazil, France, Indonesia, Norway, Senegal, South Africa and Thailand. Established in 2006, the forum has agreed to fully support global efforts to bring an end to the COVID-19 pandemic through global health and foreign policy harmonization.In a related development, Retno also attended the G20 Foreign Ministers’ Meeting on Thursday, during which representatives of the world’s top economies sought international cooperation over easing travel restrictions and reopening borders.Read also: G20 foreign ministers discuss easing travel restrictions“This effort needs collective global leadership. Efforts to revive and reconnect our economic cooperation must be supported, [but] without sacrificing strict health protocols,” the minister said in her remarks.During the meeting, the ministers discussed the “importance of coordinating precautionary measures” across borders to protect lives and livelihoods, the G20 said in a joint statement following a virtual meeting hosted by Saudi Arabia.Topics : Indonesia has called on fellow members of the seven-nation Foreign Policy and Global Health (FPGH) forum to push for equitable access to vaccines, especially at a time when poorer countries may lose out to their richer neighbors in securing access to any future COVID-19 vaccines.“Meeting the domestic need for vaccines is a necessity, but we must not do so at the expense of others. […] We must be a positive force for accessible and affordable vaccines for all,” Foreign Minister Retno LP Marsudi said in an official transcript of the forum’s virtual meeting on Thursday.Retno’s remarks come as a number of developed countries, including the United States, the United Kingdom, European Union members, Canada and Japan, have reserved an estimated 3.1 billion doses of experimental vaccines for themselves, before the clinical trials have even finished.last_img read more

Anders Spinalators are back on top for the first time since 2003

first_imgPace Money:360 SPRINT                  The Dore Enchies                             $   25.00 3RD  PLACE                   SSB Big Bucks                        47:09 2ND PLACE                    The Dore Enchies                    44:43 MOTOCROSS               The Dore Enchies                             $    25.00 9TH PLACE                    Greeno Flameouts                   55:06 CANOE #2                    Anders Spinalators                            $    25.00½ MILE                        Anders Spinalators                            $    25.00 BICYCLE                      Anders Spinalators                            $    25.00 DESERT HIWAY           Anders Spinalators                            $    25.00HORSE RACE               Anders Spinalators                            $    25.00 10TH PLACE                  Galaxie Business Equipment      56:19 SECOND PLACE           The Dore Enchies                             $225.00 MILE #2                       Anders Spinalators                            $    25.00 MILE #1                       Anders Spinalators                            $    25.00center_img CANOE #1                    Anders Spinalators                            $    25.00 by Garrett Wilson, Sumner Newscow — For the first time since 2003 the Anders Spinalators are champions of the Great Race.Anders took the title from defending champions The Dore Enchies Saturday night in South Woods Park.It was the usual Great Race crowd packed with locals and visitors from all over the country. They were treated to a fantastic race along with some beautiful weather. The Dore took the early lead and led through the first 3 legs of the race. Anders would take the lead after the fourth leg and never look back. At one point they led by over 200 yards.Anders would go on to win with a time of 43 minutes and 30 seconds. Almost a minute ahead of the runner ups but 1 minute and 27 seconds behind the 2012 record set by the Commodore.Here are the official standings:Great Race Money Winners: FIRST PLACE               Anders Spinalators                            $325.00 CROSS-COUNTRY        The Dore Enchies                             $    25.00 ¾ MILE                        The Dore Enchies                             $   25.00 4TH PLACE                    Sons of Thunder                     47:255TH PLACE                    Yunker’s Knucklebusters                  49:36 6TH PLACE                    Spencer Speedsters                 51:227TH PLACE                    Black Oak Striders                   51:248TH PLACE                    Axis of Awesome                    52:21 Totals                 Anders Spinalators                               $525.00The Dore Enchies                                    $325.00SSB Big Bucks                                            $125.00Times and placing: The Great Race 2013:1ST PLACE                    Anders Spinalators                   43:30 11TH PLACE          Village Idiots                           58:19Course Record:            Yunker’s Wheat Whackers           44:25(2009) Course Record:            Commodore Enchies                       42:24(2010) New Course Record:     Commodore Enchies                       42:03(2012) Members of the Anders Spinalators are as follows:Captain John Anders (Wellington)Brandyn Willard (Andover)Frank Adelman (Yukon, Oklahoma)Eric Anders (Wellington)Jared Rausch (Haysville)Nick Warnke (Wichita)Duane Spexarth (Wellington)Eric Lightfoot (Andover)Trey Bruton (Meriden)Colton Day (Wellington)Caleb Brill (Conway Springs)Jace Rausch (Wellington)Jason Rausch (Wellington)Chris Wacker (Loveland, Colorado)David Leonard (Miltonvale) THIRD PLACE              SSB Big Bucks                                 $125.00 Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more

Madrid title hopes hanging by thread after shock loss to Real Sociedad

first_imgCasemiro tried to cover but bundled Merino to the ground. Willian Jose went high and down the middle.– Griezmann on target –Madrid poured forward, only to spurn a handful of chances before the break. Karim Benzema had the best of them, lashing wide with only Geronimo Rulli to beat.Rulli was not needed then but he would be, many times. He denied Vinicius, Benzema and Luka Modric in quick succession. Ramos wanted a penalty for a push in his back but the appeal was desperate.Vazquez clipped the post with a looping cross but that was not enough to hush the angry whistles at the end of the half.The second period was frantic, with chances at both ends. Vinicius and Raphael Varane, twice, failed to find a gap in a goalmouth scramble, while Vinicius played a neat one-two with Benzema but his shot sailed inches wide.La Real could have sealed it as Mikel Oyarzabal fired over from close range and the weaving Januzaj twice went close.Isco replaced Casemiro in the 57th minute and in the 61st Vazquez was sent off. A rash sliding challenge had earned him a yellow card towards the end of the first half and even if the chip at Merino’s heels seemed harmless, he was foolish to take the risk.Down to 10, Madrid still pushed and had a more convincing penaty appeal when Vinicius tumbled over the arm of Rulli. Referee Jose Munuera stood firm.Januzaj should have wrapped it up when his shot was saved by the legs of Thibaut Courtois but Pardo did, heading in a cross from Willian Jose, who could have made it three in injury time.Defeat made Griezmann’s free-kick seem all the more valuable as the Frenchman’s fifth goal in as many games earned Atletico a point away to Sevilla.Sevilla would have leapfrogged Atletico into second with a win and took the lead when Wissam Ben Yedder fired home on the turn.Griezmann, however, intervened, whipping a superb shot across the rooted Jan Oblak and into the top right-hand corner.Share on: WhatsApp Madrid, Spain | AFP | Real Madrid may not even challenge for the title let alone win it as a shock 2-0 defeat at home to Real Sociedad on Sunday left them even further adrift in La Liga.Barcelona, already seven points clear, could extend the gap over their fiercest rivals to 10 by beating Getafe later, while Atletico Madrid and Sevilla gained on the European champions too, despite playing out a 1-1 draw against each other.Antoine Griezmann’s stunning free-kick earned Atletico a point at the Ramon Sanchez Pizjuan.Madrid were reduced to 10 men in the second half after Lucas Vazquez was shown a second yellow card but by then they already trailed to Willian Jose’s early penalty.Ruben Pardo wrapped up a brilliant victory for La Real, who had won this fixture only once in their last 22 attempts.This was their first victory at the Santiago Bernabeu since 2004 and then Madrid fired coach Carlos Queiroz a day later.Santiago Solari is not there yet, even if he was asked afterwards if he deserved to keep his job. “We fight to win the next game,” he said.The honeymoon period Solari enjoyed in November though after replacing Julen Lopetegui is well and truly over.This loss, coming after the draw away to Villarreal on Wednesday, means Madrid sit fifth, outside even the Champions League places.“Everything went against us today,” Solari said. “We did everything we could but the ball just would not go in.”A stoney-faced Florentino Perez was among the 53,412 watching on, the club’s second lowest attendance of the season. “We will try to get them back,” Solari said, before making a swift exit.Barcelona have won seven out of the last 10 La Liga titles and if they are to slip up in 2019, Atletico or Sevilla would seem the ones now able to take advantage.Gareth Bale was missing with a calf injury but it was the 18-year-old Vinicius Junior that came in, not Isco, who is yet to start a league game under Solari.La Real’s penalty was awarded after 75 seconds and converted after 150. Mikel Merino ghosted past Sergio Ramos and inside Marcelo.last_img read more