When life happens, immediate funds availability offers quick access to funds from deposited checks

first_imgIn today’s 24/7 world, consumer expectations for convenience and real-time service have never been higher. When life happens – unexpected expenses, a forgotten bill or a big purchase – people sometimes need same-day access to funds from deposited checks.This capability is so important, one in five consumers are taking their checks to alternative financial providers to get immediate access, according to a 2015 Lieberman Research study sponsored by Fiserv. However, most people would prefer to use their financial institution for this service, with 58 percent of respondents saying a service that accelerates funds availability at a financial institution is “extremely appealing.” Fifty-three percent of these consumers say they would use it at least once a month if it was available.People need access to quicker funds for a variety of reasons:42 percent cite unexpected expenses31 percent say they need to pay bills on time31 percent need to avoid being charged late fees continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

US Justice Department says Yale illegally discriminates against Asians, whites

first_imgThe elite school “uses race at multiple steps of its admissions process resulting in a multiplied effect of race on an applicant’s likelihood of admission,” the Justice Department said.The Justice Department has previously filed legal briefs in support of a lawsuit, brought by affirmative action opponents, accusing Harvard University of discriminating against Asian Americans.A federal judge in Boston ruled in favor of Harvard last year, saying the school’s affirmative action program advanced a legitimate interest in having a diverse student body.An appeal of that ruling is pending. The case could eventually reach the Supreme Court.Affirmative action programs in higher education were meant to address racial discrimination. The Supreme Court has ruled universities may use affirmative action with the aim of helping minority applicants get into college.US conservatives have said that in helping Black and Latino applicants, affirmative action can hurt white people and Asian Americans.  A Yale spokeswoman said the university “categorically denies” the allegations but has cooperated fully with the investigation.The Justice Department made its findings before allowing Yale to provide requested documents, Yale said.”Had the Department fully received and fairly weighed this information, it would have concluded that Yale’s practices absolutely comply with decades of Supreme Court precedent,” the spokeswoman said.The Justice Department said that although race can lawfully be considered in college admissions in limited circumstances, “Yale’s use of race is anything but limited.” The US Justice Department on Thursday accused Yale University of illegally discriminating against Asian American and white applicants in its undergraduate admissions process in violation of US civil rights law.The findings are the result of a two-year investigation in response to a complaint by Asian-American groups concerning Yale’s conduct, the department said in a statement.The department said it was prepared to file a lawsuit against Yale if the school, in New Haven, Connecticut, did not take “remedial measures.”center_img Topics :last_img read more

BLOG: Wolf Administration Release Zika Response Plan (Round-up)

first_img SHARE Email Facebook Twitter Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf BLOG: Wolf Administration Release Zika Response Plan (Round-up) By: Eryn Spangler, Press Assistantcenter_img Round-Up,  The Blog,  Zika Yesterday, Governor Wolf announced his administration’s Zika Response Plan to better protect all Pennsylvanians from the Zika virus.The Pennsylvania Zika Virus Response Plan, developed by the Pennsylvania Departments of Health and Environmental Protection, outlines the phases of education, surveillance, and response activities that will occur for various levels of mosquito activity within the commonwealth as well as triggers based on the presence of Zika disease within our state. The phases range from the current situation of a moderate level of travel-associated cases to potential widespread local transmission by mosquitos.  Pennsylvania has requested funds from the Centers for Disease Control and Prevention (CDC) to implement this plan.“My administration is committed to ensuring the health and safety of all Pennsylvanians,” said Governor Wolf. “We are continuing to work with our partners on the local, state, and federal levels to keep Pennsylvania safe. The roll-out of this plan is another proactive step in our collaborative strategy to protect our citizens and prevent the spread of the Zika virus.”Secretary of Health Karen Murphy and Secretary of Environmental Protection John Quigley held a joint press conference call yesterday to discuss the Governor’s response plan.“DEP and our county partners are focused on monitoring for the presence of mosquitos potentially associated with Zika transmission and implementing control measures when necessary,” said Secretary Quigley. “We are working very closely with the Department of Health to ensure the safety of our citizens.”“Zika generally causes very mild symptoms and rarely leads to serious side effects in those who become ill with the virus,” said Secretary Murphy. “However, pregnant women and those of childbearing age are at greatest risk as Zika is known to potentially cause serious and even fatal birth defects in some babies born to women infected with the virus during pregnancy. This plan will help ensure we have the measures in place to better inform and protect all of our residents.”Take a look at the additional coverage below:TribLive: Wolf rolls out Zika plan for PennsylvaniaPennsylvania Gov. Tom Wolf said Thursday his office plans to work with the state Health Department in developing a method to test residents for the Zika virus without using federal laboratories in Atlanta. A state-run testing system would speed up results to about two weeks from the current four to five weeks, said state Secretary of Health Karen Murphy.Fox 43: Wolf Administration Increases Zika Surveillance Plans: Risk of Contracting Virus in Commonwealth Currently Very Low“This Zika Virus Response Plan will better help us protect the health of the more than 12 million people who call Pennsylvania home,” said Secretary of Health Karen Murphy.Post-Gazette: Pennsylvania prepares strategy to fight Zika virus this summer“Because of the implications of this disease, we want to be prepared,” said Karen Murphy, the state health secretary. The virus has appeared in at least 17 cases in Pennsylvania since January, all tied to travel to Zika-affected areas abroad such as Central and South America, according to her department.Bucks County Courier Times: Pennsylvania has a new plan to target Zika virus, mosquitoesDeveloping a plan to test blood samples for Zika at the state level will allow for faster turnaround, with results available in about seven to 14 days, Murphy said. That’s compared with four to five weeks for the Centers for Disease Control and Prevention laboratories, which currently processes Zika tests for Pennsylvania. “It’s important for the level of anxiety, number one, to know faster,” [Secretary] Murphy said. “People want to know as fast as they can.”Philly.com: As weather warms, Pa. prepares for ZikaIf mosquitoes carrying the Zika virus are found in any significant numbers, an eradication campaign would become very personal, said John Quigley, secretary of the Pennsylvania Department of Environmental Protection. “We will literally have to go house to house, yard to yard,” [Secretary] Quigley said. “It is very much a ground-troop-oriented approach. And that is why it is so important that the public help us,” he added, by getting rid of standing water where mosquitoes breed.York Dispatch: Wolf steps up Zika surveillance in Pa.In order to better protect the public, the Pennsylvania Department of Health will enhance surveillance for Zika cases in Pennsylvanians. The Department of Environmental Protection will increase vector surveillance and control of the Aedes aegypti mosquitoes in the area. Educating the public is also an important point to the Zika Virus Response Plan.WTAJ: Curbing the Zika Virus in PAGovernor Tom Wolf’s Administration is now preparing a strategy to fight the Zika Virus this summer. Planned measures to curb the virus include mosquito monitoring for every county in the state. The Governor also announced on Thursday, that Pennsylvania may spray pesticides near homes of people with the virus. May 13, 2016last_img read more

Dutch minister confirms further delay to introduction of new FTK

first_imgPreviously, the state secretary hinted that she would propose the introduction of only parts of the new FTK on 1 January.Last week, Roos Vermeij, MP and spokeswoman on pensions for the labour party PvdA, acknowledged that the reading of the FTK proposals was unlikely to take place before Parliament’s summer recess.“The review will be held in the autumn,” she said, noting that the Senate also needed to approve the bill.However, Vermeij added that she still expected the full proposals to be presented to Parliament before this summer.The details of the draft legislation – including any changes relative to previous proposals – remain unknown.However, given that Klijnsma has advocated the introduction of at least parts of the FTK on 1 January, the sector has assumed the new framework will differ little from the current FTK. Otherwise, the deadline for implementation would be far too tight, experts say.They have suggested a partial FTK introduction could be achieved by exempting pension funds from applying rights cuts in 2015, for example, following a funding shortfall in 2014.Last year, the Pensions Federation argued that the introduction of new legislation of the FTK’s scale and scope would require a full year. The Netherlands’ new Financial Assessment Framework (FTK) is facing further delays and will not be reviewed in Parliament before the summer, Jetta Klijnsma, state secretary for Social Affairs, has confirmed to IPE sister publication FD-IPNederland.Due to the latest delay, the scheduled full introduction of the financial rules on 1 January 2015 is no longer feasible, Klijnsma said.At present, the Raad van State, the highest legal college in the Netherlands, is still assessing the legal ramifications of the draft legislation.Its views were expected a week ago.last_img read more

Tellurian to buy Haynesville shale assets

first_imgTellurian, the US company developing the 26-mtpa Driftwood LNG export facility, has entered into a deal to buy a package of natural gas assets in the Haynesville shale play in northern Louisiana.A wholly-owned unit of Tellurian signed the deal worth $85.1 million with an unnamed private seller.The assets are located in Red River, DeSoto and Natchitoches Parishes, and include 9,200 net acres with up to 138 operated Haynesville and Bossier drilling location and about 1.3 trillion cubic feet (Tcf) of total natural gas resource potential.The deal also includes 19 producing operated wells with net current production of four million cubic feet per day and associated natural gas gathering and processing facilities with substantial additional capacity, according to a Tellurian statement.The assets are 100% held by production and 92% operated, allowing Tellurian to control the pace of development for its multi-year drilling inventory.Covering more than five million acres, the Haynesville shale is one of the most prolific resource plays in the United States with over 13 Tcf of historical production, more than 44 active drilling rigs, access to multiple pipelines and close proximity to Gulf Coast consumers and exporters.“Acquisition of natural gas producing assets is integral to our growing business. We expect our full cycle cost of production and transport to markets will be approximately $2.25 per MMBtu, which represents a significant savings to natural gas we will purchase at Henry Hub and other regional liquidity points,” said Chief Executive Meg Gentle.The transaction is expected to close by the end of November 2017 subject to customary closing conditions.last_img read more