How the election will impact 2021 payments strategy

first_imgLet’s begin by stating the obvious: This will not be a normal election season. As it has for so many aspects of everyday life, COVID-19 has radically altered the basics of voting—from a huge uptick in advance and absentee ballots to the near-elimination of traditional campaign rallies.We know that markets hate uncertainty—and that’s one thing in ample supply these days. Uncertainty creates hesitancy to invest in initiatives that could be upended based on the election outcome. This is especially problematic in our current environment, with so many critical issues clamoring to be addressed.While attempting to avoid the partisan fault lines, let’s consider how November’s election results could alter the payments landscape for banks and credit unions in 2021 and beyond.In a Highly Regulated Industry, Regulation MattersIt seems clear that the coronavirus pandemic will prompt some form of legislative and/or regulatory action impacting financial services. Bear in mind that the Federal Reserve has already restricted dividend payouts and share buybacks for the nation’s largest banks in an effort to preserve capital. Recall also that the Dodd-Frank Act was passed in response to our last economic downturn. Some type of banking reform almost certainly would have been passed in 2009 even if the GOP had controlled Congress and the White House, but it might have looked quite different. This post is currently collecting data… This is placeholder text continue reading »center_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

More than 170 dead in Yemen floods

first_imgIn the province’s displaced persons camps, 1,340 families saw their tents and belongings swept away, the agency in charge of them said.In Lahij province in the government-held south, seven people were drowned when their vehicle was swept downstream, a government official told AFP.Another four people were killed on the road connecting the southern provinces of Hadramawt and Shabwa, the official added.In the rebel-held north, the floods killed 131 people and injured 124 between mid-July and August 7, the rebel health ministry said. Topics : They destroyed 106 homes and buildings and heavily damaged another 156, the rebel ministry added.UNESCO expressed sadness at the flood damage to historic buildings in the cities of Sanaa, Zabid and Shibam that are on its world heritage list.center_img Flash floods triggered by torrential rains have killed at least 172 people across Yemen over the past month, damaging homes and UNESCO-listed world heritage sites, officials said.The destruction has dealt a new blow to a country already in the grips of what the United Nations describes as the world’s worst humanitarian crisis after years of war between a Saudi-backed government and Iran-allied rebels.In the mainly government-held province of Maarib east of the capital, 19 children were among 30 people killed by the floods, a government official said.last_img read more

SEIVB End of Year Awards

first_imgOn Wednesday, April 19, the Southeastern Indiana Volleyball (SEIVB) coaching staff wrapped up their season with an end of year dinner. After dinner, we handed out a few awards to recognize our returning coaches who continue to dedicate their time and energy into improving area volleyball and impacting the future of volleyball in Southeastern Indiana.Tracy Meyer has been involved with the club for ten years. She continues to push her teams as well as be a cheerleader from the sidelines. Tracy enjoys the game and watching her daughter play for Batesville in the fall.The other years of service award was given to Larry Ehler for 20 years of dedication to the club. He has been an important part of the club since the beginning in 1997. Larry currently serves as a member of the board of directors for SEIVB as well as a coach in the 14-18s ages. Larry is also the assistant coach at East Central High School.We also recognized the teams that finished in the gold bracket at the Mideast Qualifier (MEQ) in Indianapolis at the end of March. Head coaches Ned Rogers and Emily Egbers finished 5th and 3rd respectively at the top tournament in this area.Overall, it was a great season for SEIVB. Several teams came home with tournament championships, others were lucky to go .500 on the weekend. However, all coaches felt the girls on their team improved drastically throughout the season and they will be contributors for their school teams next year.“We have a great group of coaches at our club. They are fun to watch coach and really do have a love for the game and the girls. I’m not sure they truly understand the impact they have on the girls and this game, but we are honored to have them and hope to have them all back again next year!” – Cassie Laker, SEIVB Board of Directors.last_img read more

Watch Steve Blake’s game-winning 3-pointer against the Rockets

first_img Newsroom GuidelinesNews TipsContact UsReport an Error The Lakers’ assembled range of castoffs will all have to provide a contribution that represents a sum greater than their parts in a 99-98 win over the Houston Rockets and Dwight Howard. Steve Blake marked the best candidate, making a game-winning 3-pointer with 1.3 seconds left. Rockets guard Patrick Beverly then missed a 3-point attempt as time expired. See the video.“That’s the way we have to win,” said Blake, who posted 14 points on 5-of-10 shooting and four of six from 3-point range. “We can’t do it by ourselves. We don’t have that player right now. To do it together is the most important.”Well, Blake had help with other Lakers providing clutch moments.last_img