Fall garden fun

first_imgUniversity of Georgia Just because fall is looming, doesn’t mean there isn’t still plenty to do in the garden. On “Gardening in Georgia with Walter Reeves” Sept. 24 and 27, grow a fescue lawn, stake trees and share the beauty of angel trumpets.”Gardening in Georgia” airs on Georgia Public Broadcasting stations across Georgia each Wednesday at 7 p.m. and Saturday at 12:30 p.m. and 6:30 p.m. Fall is the best time to plant fescue lawns from seed. Host Walter Reeves will use an aerator to loosen the soil and then show how to spread seed and straw to get the fescue growing quickly.Young trees sometimes need to be staked to support them for a few months after planting. His favorite staking material is an old belt. If you don’t like the look of stakes, he’ll show how to hide them to anchor the root ball to the soil.Their spectacular, trumpet-shaped flowers are common in fall. They are so beautiful that friends and neighbors often want a piece of the plant to grow in their own landscapes. Reeves easily propagates an angel trumpet using just a bucket of water.Reeves will make a turntable that will make turning houseplants easy. In addition, they can be used to cover the soil under a plant to decorate it. “Gardening in Georgia” is coproduced by the University of Georgia College of Agricultural and Environmental Sciences and GPB with support from McCorkle Nurseries and the Georgia Urban Agriculture Council.More information and useful publications can be found at www.gardeningingeorgia.com.last_img read more

CIP requirements for prepaid cards

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jane Pannier Jane Pannier is Senior Vice President and in-house counsel for AffirmX LLC, a developer of an innovative remote compliance review solution. Ms. Pannier is also SVP of AdvisX, a CUSO … Web: www.affirmx.com Details It seems that as financial institutions become ever more vigilant in monitoring for suspicious activity, the criminal element just seems to find ever more inventive ways to launder money and commit financial crimes. One of the more recent tactics is to use the “dirty” money to purchase prepaid cards that can then be used or sold by or, in some cases, transferred to other parties.As a result, the federal regulatory agencies have become concerned that financial institutions should be applying their Customer Identification Program (CIP) when they issue prepaid cards. On March 21st, the federal financial regulatory agencies issued joint guidance entitled, Interagency Guidance to Issuing Banks on Applying Customer Identification Program Requirements to Holders of Prepaid Cards, in which the agencies acknowledge that prepaid cards have become more mainstream and can be used to perform similar functions as performed through an account with the financial institution. Therefore, prepaid cards that allow the cardholder the ability to reload funds or access credit or overdraft features should be treated in the same manner as accounts for the purpose of CIP. A prepaid card that does not permit either or both of these two activities is not covered under this guidance and does not trigger the need to apply your CIP procedures. It’s also important to know that a footnote in the Guidance states that the term “prepaid card” also includes other similar devices, such as certain prepaid access products offered through a mobile phone or Internet sites that can be used to access funds.To understand the guidelines, it is first important to address two questions: (1) which prepaid cards are covered by the guidelines, and (2) how do you determine to which party you should apply your CIP procedures.The guidelines cover a number of different prepaid card products, which include general purpose prepaid cards that can be used at multiple, unaffiliated merchant locations and allow the cardholder to perform a variety of transactions, such as ATM withdrawals, point of sale purchases, bill payment and transferring to and/or receiving funds from other cardholders. Prepaid cards include the payroll cards used by some employers to pay employees and provide other benefits, such as pre-tax flexible spending arrangements for healthcare or dependent care expenses. The Electronic Benefit Cards (EBTs) used by government agencies to distribute benefit payments, as well as prepaid cards attached to Health Savings Accounts and other similar accounts, are also covered by this Guidance. In addition, financial institutions are not only expected to apply their CIP procedures to covered prepaid cards they issue, they are also responsible for applying those same CIP procedures to prepaid cards issued by the financial institution under an arrangement with a third-party program manager, although the actual collection of the CIP documentation may be performed by the third-party program manager.So that brings us to the second important question, which is how to determine the correct party to whom to apply your CIP procedures in these various circumstances. The CIP rule states that the financial institution must identify the named accountholder. The Guidance provides a discussion of a variety of scenarios, but here is a quick summary of who is considered the named accountholder depending on the nature of the prepaid card.For general purpose prepaid cards issued by the financial institution, the cardholder should be considered the named accountholder;If the prepaid card is issued by a third-party program manager, but the cardholder has the ability to reload the card or has access to credit or overdraft features, the cardholder should be considered the named accountholder, even if the third-party program manager established a pooled account with your institution in which the funds are held in trust or on behalf of the cardholders;If the prepaid cards issued by a third-party program manager are non-reloadable prepaid cards without credit or overdraft features, then the third-party program manager in whose name the pooled account has been established should be considered as the named accountholder and the CIP procedures should be applied to the third-party program manager;For payroll cards, the CIP procedures should be applied against the employer who has established the payroll account at the financial institution as long as the employer is the only party that can deposit funds to the account. If individual employees are permitted to access credit through the payroll card or to reload the payroll card, the CIP procedures should then be applied to each individual employee;A similar analysis applies to government benefit cards (EBTs). If the government agency is the only party that can deposit funds to the account and the recipient is not provided with access to credit or overdraft services, no CIP needs to be conducted, as government agencies are exempt from the CIP rule. However, if the recipient can load non-government funds on the card or has access to credit or overdraft services, then the recipient or beneficiary must be identified using your CIP procedures.Health Savings Accounts are established by the employee and either the employee or the employer may contribute to the account. Your CIP procedures should be applied to the employee; andFlexible Spending Arrangements (FSAs) and Health Reimbursement Arrangements (HRAs) are also established by the employer and can be funded by the employee or through direct employer contributions. Because these accounts are established by the employer (or the employer’s agent), the CIP procedures should be applied to the employer only.Lastly, the Guidance provides minimum requirements for contracts with third-party program managers that include identifying:The CIP obligations of the parties;The right of the issuing financial institution to transfer, store, or otherwise obtain immediate access to all CIP information collected by the third-party program manager on cardholders;The right of the issuing financial institution to audit the third-party program manager and to monitor its performance; andIf applicable, that the relevant regulatory body has the right to examine the third-party program manager.For more information, the complete text of the Guidance can be found here.last_img read more

McWatters to Cordray: Decrease regulatory burden on credit unions

first_img continue reading » Acting NCUA Chairman J. Mark McWatters is asking the CFPB to use its powers to exempt credit unions from certain agency rules, particularly mortgage reporting requirements.In a Wednesday letter to CFPB Director Richard Cordray, McWatters also asks the agency to issue clear guidance to credit unions concerning the CFPB’s use of its powers to take enforcement actions based on Unfair, Deceptive or Abusive Acts or Practices.“Such regulatory relief would lessen the financial burden on the credit union community, thereby enhancing the capital positions of credit unions and the NCUA’s efforts to ensure the safety and soundness” of the agency’s share insurance fund McWatters stated in his letter.Credit unions have long complained that the CFPB has not used its powers to exempt certain financial institutions from its rulemaking.  In October, then-NCUA Chairman Rick Metsger told Cordray that the NCUA, and not the CFPB, should regulate payday lending by credit unions. 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

The next big mobile banking breakthrough: Two-way interactive video

first_imgConsider this scenario. A young couple is researching home loans. They find an attractive rate at a local institution, but they have a few questions about the application process and what documentation they need. A mortgage is big commitment, and the nature of their questions don’t really feel appropriate for email. They want to speak to a loan officer, so they get in the car and drive to the nearest branch.Unfortunately that branch doesn’t have a mortgage expert. But… there is a conference room with a video camera that connects them to a mortgage lender in a centralized location. The couple’s questions are answered via a two-way video conversation, and the institution is proud of the tech-savvy experience they’ve delivered while also reducing its overhead. On the surface, it seems like a win-win.The only problem? This young couple thinks it’s stupid.“Why couldn’t we have just done this video chat thing at home when we were on our iPad?” the husband asks. 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Doors open at Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo | News

first_imgRadisson Hotel Group has debuted its fourth brand in South Africa with the opening of Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo. The new addition further strengthens the Radisson presence in one of its key African markets and brings the South African portfolio to 16 hotels in operation and under development. – Advertisement – Located in an exclusive private location in Bredell tucked away from city life, Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo offers a peaceful stay with an array of exclusive facilities and services to satisfy the needs of both business and leisure guests. The hotel is a short 10-minute drive away from O.R. Tambo International Airport and is conveniently situated close to a range of activities and attractions including the nearby shopping malls, local coffee shops and restaurants and Kempton Park Golf Course, designed by Grimsdell & Kerr. Tim Cordon, senior area vice president, Middle East & Africa, Radisson Hotel Group, said: “We are delighted to introduce our fourth brand, the fast-growing upscale, Radisson, to South Africa and open the doors of our twelfth hotel in the country. – Advertisement – Natural colours and furnishings blend seamlessly to create balanced energy and enhance long-lasting, memorable experiences. Guests can stay connected with free highspeed Wi-Fi throughout the hotel and convention centre.The Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo is the ideal venue for business conferences, private functions, and weddings. OlderMadeira honoured with top World Travel Awards title “South Africa continues to be a key market for us with a robust pipeline of hotels scheduled to open within the next 24 months. “Along with our first convention centre in the country and second in Africa, we believe the new Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo is the perfect showcase to introduce the Scandinavian-inspired Radisson brand to South Africa.”This upscale, full-service hotel features 248 contemporary, spacious, and stylish hotel rooms with all the home comforts. – Advertisement – NewerDunn steps down from chief financial role at Gatwick – Advertisement –last_img read more

Too little, too late from EH

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

Governor Wolf Announces New Venture Capital Investments to Support New Companies, Job Growth

first_img Economy,  Jobs That Pay,  Press Release Harrisburg, PA – Governor Tom Wolf today announced that the Commonwealth Financing Authority (CFA), through the New Pennsylvania Venture Capital Investment Program, has approved $6 million in allocations to two venture capital firms, which will support both early and growth stage technology companies across Pennsylvania.“We are committed to providing entrepreneurs and new companies with the start-up capital needed to grow their businesses and produce jobs,” said Governor Wolf. “The New PA Venture Capital Investment projects announced today will help early-stage Pennsylvania technology companies launch their ideas into successful businesses that contribute to the overall economic well-being of the state.”The New PA Venture Capital Investment Program generates significant private equity investment by requiring venture capital firms to provide a match of $3 into Pennsylvania companies for every $1 in state funding. With these allocations, the CFA has committed more than $58 million to 22 venture capital partnerships, leveraging more than $185 million.The CFA will make a $5 million investment in Originate Growth Fund II, LP. Originate is seeking to raise up to $60 million in aggregate commitments. The sponsor will make approximately 20-30 investments in early-stage technology companies with an average target of $1-3 million per investment.Originate Growth Fund II, LP focuses mainly on Series A funding rounds. The firm will target start-ups that offer tech-enabled solutions pertaining to health care, business services, and the financial sector.The CFA also approved an investment of $1 million in Accelerator Fund II, LLC. Accelerator Fund II is seeking to raise up to $12 million in aggregate commitments. The firm will make six to eight investments in early-stage life science companies with an average target of $1-2 million per investment.Accelerator Fund II is an official affiliate of the Pittsburgh Life Science Greenhouse. The Greenhouse focuses exclusively on the life sciences industry with an emphasis on therapeutics, diagnostics, medical devices, biotechnology tools, and healthcare information technology.The New PA Venture Capital Investment Program is a catalyst to increase the availability of venture capital investment in Pennsylvania early stage and “seed” companies. The program is administered by the Office of Technology & Innovation within the Department of Community and Economic Development and under the direction of the CFA.For more information about the Commonwealth Financing Authority and to view a complete list of approved projects, visit dced.pa.gov.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf October 24, 2016 Governor Wolf Announces New Venture Capital Investments to Support New Companies, Job Growthcenter_img SHARE Email Facebook Twitterlast_img read more

Coen Lammers: What it’s really like living with Down syndrome

first_imgNZ Herald 9 August 2018Family First Comment: “Iceland has reached a near-100 per cent termination rate, while last year only four births with Down syndrome were recorded in Denmark. Before the New Zealand medical community quietly eliminates one section of our society, it is vital for our country to have a national debate on the value we put on people with Down syndrome, or any other disability that can be screened.”Having a daughter with Down syndrome is possibly the best thing that has happened to our family — as well as the most challenging.Watching Bella flourish for the past 16 years, we know that living with Down syndrome is not a curse or punishment, but a terrific, enriching adventure filled with joy and surprises, as well as the odd road bump.Last week’s storylines on Shortland Street created a storm in parts of the Down syndrome community because they depict old-fashioned, ignorant ideas around the disability and have nothing to do with our day-to-day experiences in a modern, inclusive New Zealand society.Bella’s birth was a shock and surprise to the family because we had decided not to have any pre-natal screening test.My wife and her family took a while to come to terms with this new reality, but I had grown up with an uncle with Down syndrome and thought I knew what to expect.What I did not realise back in 2001 was the incredible impact our wonderful, multi-talented, sociable and loving daughter would have on our entire wider community.READ MORE: https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12103397Keep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

D’Tigress gets foes for Olympics ticket

first_imgRelatedPosts D’Tigers, D’Tigress await 2020 Olympics foes D’Tigers, D’Tigress can win an Olympic medal — Kida Two Air Warriors players to attend 2020 Olympics, courtesy of Minister Reigning African Champions Nigeria will face World Number One, United States of America, Serbia and Mozambique in the battle for a spot at the 2020 Olympic Games in Tokyo.This was revealed at a brief ceremony held in Switzerland on Wednesday to officially kick start the Olympics Tournament qualification race.D’Tigress will play in Belgrade after being drawn in Group A.Reacting to the draw, the Nigeria Basketball Federation President, Engr. Musa Kida, said qualification for the 2020 Olympics is possible despite admitting that it was a difficult draw.Kida said: “Being drawn against world number one (USA) and seven (Serbia) surely will not make the job easy, but I am optimistic that qualification for the Olympics is possible.“The men have already qualified and all eyes are on our women to also join their counterpart in Tokyo.“D’Tigress are the reigning African Champions and we hope this will count for something when they start the qualifiers.”Kida hammered on the need for early preparation for the team if they are to stand a chance in the group.He said: “We know that tournament of this magnitude costs money, time and proper planning.“We are going to be working with the Ministry of Sports and the Hon. Minister, Hon. Sunday Dare, to ensure that we return to the Olympic Games.”The last time Nigeria met USA was in the quarter finals of the FIBA Women’s World Cup in Spain where the D’Tigress lost 41-70 points against the team that later went on to win the trophy.D’Tigress last qualification for the Olympics was in 2004.A total of 10 teams will join USA (World Champions) and host Japan from the OQT to be played between February 6 and 9, 2020 across four countries: China, Serbia, France and Belgium.Tags: 2020 OlympicD’Tigresslast_img read more