Former Rep. Steve LaTourette, the primary Republican sponsor of the 1998 Credit Union Membership Access Act, died Wednesday after a battle with pancreatic cancer.He was 62.LaTourette was instrumental in passing the legislation that opened up credit unions to multiple groups. Rep. Paul Kanjorski (D-Pa.) introduced the legislation in March 1997, but the bill lacked a Republican co-sponsor. Banks were well entrenched with many Republicans at the time, but LaTourette, the 27th ranking member of the House Banking and Financial Services, agreed to join Kanjorski as primary sponsors. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Credit unions are facing several new market realities compelling them to rethink everything from products and services to entire business models. Three shifts, in particular, are commanding attention:Digital Emboldens ConsumersCredit union membership is at all-time highs. The cooperative model and its purpose-driven approach to financial services clearly are resonating with people who want to be known and appreciated by the businesses they choose. Within this contingent, however, are strong expectations for real-time, predictive and hyper-personalized experiences. When they aren’t met, today’s consumer takes swift, decisive action. One in three Americans will consider switching companies after just a single instance of poor service.Making matters even more tenuous, the rise of digital products, platforms and services has emboldened unhappy consumers. Social media allows them to vent frustrations to thousands. Hundreds of options for financial services create a greater enticement to try something new, and sophisticated switch kits make leaving a financial institution easy.Technology Shrinks Barriers to EntryThanks to the emergence of open banking and the explosion of APIs, you don’t need to be a bank to have access to banking consumers. Regulations like the second Payment Services Directive (PSD2), which essentially commands financial institutions to open their data stores to anyone the consumer tells them to, are further thinning the ice of the traditional financial institution-customer relationship.All of this makes it easier to build, launch and scale a business quickly and without a lot of resources. In addition, the proliferation of a fail-forward mindset has changed much of the culture of creation. Because the new methodology dictates a “launch before it’s perfect” strategy, the speed with which consumers are encountering new banking and financial options is incredible. Digital Transformation is Real and Bearing FruitOnce considered a buzz phrase, digital transformation is now believed to be an incumbent firm’s key to survival. Legacy behemoths with years of profitability have invested millions in think tanks and innovation labs; some are even investing in the success of their disruptors. Consumers are beginning to see the results of that investment. User-centric strategies mean more big brands are building – and really using – feedback loops. Digital channels are improving exponentially, as legacy firms figure out how to integrate them seamlessly into the consumer experience. As comfort and delight with these channels and engagements increases, consumers will expect all the brands in their lives to keep pace. In the financial world, consumers already interact regularly with video tellers, virtual assistants, chatbots and other digital banking innovations that make day-to-day financial tasks not only easier, but enjoyable. Credit Unions are Uniquely Positioned to EvolveResponding to each of these market realities will require change. Although change inside most legacy verticals is slow, credit unions are unencumbered by many of the innovation chains that hold back transformation. I can think of at least three ways credit unions are uniquely up to the challenge:Credit union people have an innate desire to serve their members exceptionally well, even when it isn’t easy. Credit union executives and their teams are eager to experiment to learn. Credit union leaders have a passion for knowledge and continuous improvement. The goal is to become great at organizational ambexterity (just a fancy way of saying keep doing what you do best while exploring ways of delivering more value). Here are a few questions to get started:What do we do better than anyone else? How does that competency add value to our members’ lives?How can technology help us deliver that value in an even richer way? What will our members need tomorrow? How can we leverage today’s competency to meet those future needs?By staying true to their roots while also exploring the many transformative technologies and partnerships available to them, credit unions will rise to the challenge of these and other shifting market dynamics. The above is an edited excerpt from the white paper “How Humans and Machines Will Transform the Credit Union Industry,” by Shazia Manus, Chief Strategy & Business Development Officer for AdvantEdge Analytics. To download and read the paper in its entirety, visit cunamutual.com/aea-ai. 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Shazia Manus At AdvantEdge Analtyics, Shazia Manus applies a futurist view to the field of analytics, helping credit unions discover new possibilities for exceptional member experiences. Prior to joining CUNA Mutual Group … Web: advantedgeanalytics.com Details
This event is just one of many gourmet events that continuously enrich the offer of Istria, put it on the world gourmet map again and attract more and more visitors every day. The quality of service and accommodation should be understood, in accordance with the categorization, but the overall impression is affected by the overall impression of the entire destination. From the first contact on the website, arrival, stay and departure, after the emotions and experiences subside. In tourism, everything is interconnected. To emphasize again, the motive for coming is not accommodation, but destination. Bravo for a new great tourist story. Our authentic story and new motive for coming. Authenticity is the word that accompanies this portal and my philosophy of tourism from day one. Certainly the most used word was and will remain. Because it is authenticity that creates the motive for coming. Of course, as with any development of a tourist product, it is always desirable to have as large a budget as possible, both for better production and for advertising, in order to accelerate its development and skip several years of growth. But the most important thing is to go ahead and do the best you can at the moment in your frameworks and resources. And again Istria. Nothing is accidental, so stories like this happen mostly in Istria. Simply put, Istria, no matter what, is pushing its market story, ie market development. And the interior of Istria is the new-old biggest secret of Istrian tourism. Authentic and quality content that is just lacking in the overall tourist offer of Istria. Maritime destinations are relatively developed, and now the main focus should be on the fastest, but sustainable, development of the interior of Istria. Ultimately, after xx days of rest, the guest makes the final decision about the destination. Whether we met his expectations or not. Or we even surpassed them. Is he satisfied and will he come back again? Will he become our ambassador? We know that the best marketing, always has been and always will be, is word of mouth marketing. It is the holy grail in tourism. The new gourmet event is on the same track ‘Tradizione a tavola: dishes from piñata ‘ which will be held from March 13 to April 12 in taverns in the Kanfanar, Svetvincenat and Bale area. Manifestation ‘Tradizione a tavola: dishes from piñata’is the result of cooperation between the tourist boards of Svetvinčenat, Bale – Valle and Kanfanar with the tourist company Maistra dd and the Association of Craftsmen Rovinj on the development of gourmet products in the destination, and is a combination of tradition and excellent Istrian gastronomy. As part of this new gourmet story, four famous Istrian taverns will take part: Kod Kancelira, Castello, Konoba Klarići and OPG Pekica, which will offer visitors a series of traditionally prepared, hot dishes from pinatas in the way prepared by their grandmothers. to which numerous generations of Istrians grew up.The menu will include, among other things, jota of cabbage and beets, maneštra with fennel, salt or trukinja, as well as traditional Istrian pasta: pljukanci, fuži, gnocchi and ravioli. In addition to home-made pasta, many guests will be able to taste Istrian prosciutto, wild asparagus, game or home-made chicken manure and Istrian boškarin dishes. All dishes will be able to taste local wines of Istrian winemakers. Author of photos: Maja Danica Pečanić / Gruša Zorn The key word here is synergy, because the destination is not just accommodation, on the contrary, the destination is everyone. And also, the motive for coming is never accommodation, but precisely the destination. And that is why synergy and cooperation are always needed at all levels, vertically and horizontally. Also, much greater understanding, openness and ultimately financial assistance from the big ones is needed, so that the interior of both Istria and other sea destinations can develop faster and better. No one can be alone, no matter how big, because it is not he who makes the destination. But about that a little later in the article. Traditional Istrian cuisine and indigenous dishes from local ingredients – this is the main narrative of this new great gastronomic story, which affects the very essence of tourism. Authenticity of the tourist offer. Photo by: Maja Danica Pečanić / Gruša Zorn Author of photos: Maja Danica Pečanić / Gruša Zorn Of course, every start is difficult and it takes time for a tourist product to come to life in the full sense of the market, ie to become a motive for coming and to start a tourist economy, but it is important to take the first step. DayOne or OneDay, the choice is always up to us. This is how the story of Istra Wine & Walk started a long time ago, and today it would be one of the main motives for coming to the interior of Istria outside the tourist season. Not through the construction of large hotels, there are quite enough of them half an hour from the interior, but through the development of small family hotels and rural holiday homes with a story. At excellent taverns, wineries, olive groves and gastronomic offer with additional tourist facilities from active to cultural tourism. On the other hand, sea destinations as well as large hoteliers also need the development of the interior of Istria, in order to be able to offer their guests quality content, which we chronically lack. Thus, tourist consumption increases, seasons are extended and the tour is dispensed. spending on the local economy.
By Shamya DasguptaPakistan’s finest batsmen, through the best part of my cricket-watching years, have not been the prettiest. They were the ones that got the job done, smashingly well at that, and none superior to that man, Javed Miandad. Then Saleem Malik and Ijaz Ahmed and later, Inzamam-ul-Haq and Saeed Anwar. They were certainly not graceless, the last two especially, but neither was a jaw-dropping stylist either. For that, we have…Majid KhanMajid’s last Test had a fun batting order: Mohsin Khan (pretty), Mudassar Nazar (not pretty), Majid Khan (pretty), Javed Miandad (not pretty), Zaheer Abbas (pretty) and Saleem Malik (not pretty). Unfortunately, Majid fell for a 13-ball duck in that game. But he had made a name as a batsman most pleasing to the eye over the course of a near-20-year-long Test career.Right-handed Majid was elegant in the way left-hand batsmen usually are, with flowing drives and pulls, his bat coming down in a graceful arc. What gave him an air of sophistication was the somewhat laidback appearance at the crease, which led to more than one critic suggesting that it didn’t matter to him enough. It certainly did. A long and quite successful career at first-class and Test level proves that.Zaheer AbbasZaheer Abbas caressed the ball as if afraid he would hurt it (Getty Images)One of Pakistan’s absolute greats, Abbas was, at his best, almost the perfect batsman, beautiful to watch and someone his team could count on to lead the charge – not always a given with batsmen so pleasing to the eye. Abbas finished with a Test average of 44.79.In Australia, it was 40.62, and in England, where he also found a happy, long-term home with Gloucestershire, it was 56.06. He wasn’t quite so successful in India, strangely, or New Zealand and the West Indies. But wherever he played, Abbas wowed onlookers like few could at the time, certainly among right-handers.In many ways, he was the anti-Viv Richards. Both Richards and he scored a lot of runs and dominated attacks, and were equally stylish in their different ways, but Richards was more hammer ’em while Abbas was knife through butter. He was especially alluring because he hit so many boundaries and looked, at times, like he was worried about hurting the ball when banishing it.Is there a prettier off-drive in the game than Babar Azam’s? Getty ImagesMohsin KhanMohsin Khan walked away from the game at the age of 31 to become an actor in India. He left with some pretty impressive performances and numbers to his name, but they don’t tell of how, in late 1983, he seemed like he could make himself taller than he was at the crease and get on top of the bounce from Dennis Lillee, Geoff Lawson, Rodney Hogg and Carl Rackemann to score 390 runs at 43.33 in a five-Test series in Australia.At the time, pace and bounce were the weaknesses of many an opening bat from the subcontinent, but Mohsin – tall and loose-limbed, with in-vogue long hair – was cut from a different cloth (and even in the regulation whites of the time, he looked more stylish than his team-mates). He could have played on, surely, and had he done so it would have only made Pakistan that much more appealing a side.Mohammad YousufFrom the mid-1980s, we jump straight to the late-1990s and 2000s, and to the man who started out as Yousuf Youhana but really came into his own after changing his name to Mohammad Yousuf. Like Abbas before him, the best part about Yousuf was how well he balanced a hunger for runs with grace and grandeur. With 7530 runs in 90 Tests, at an average of 52.29, and 9720 in 288 ODIs at 41.71, he is among Pakistan’s top five run-getters in both formats. Like the other three, Yousuf was supple, graceful, and – what’s the best word? – calm. Calm himself, of course, and so unhurried, so in control, so peaceful that he created a sense of serenity while he was out in the middle. Was it the exaggerated backlift? Was it the time he seemed to create between bowler releasing ball and batsman doing something about it? Or was it, maybe, Younis Khan and Inzamam-ul-Haq on either side of him in the batting order? Yousuf stood out. An unusual run-machine who rarely ever looked clumsy.Babar AzamSome say he should be included in the current Fab Four – lose one of Steve Smith, Kane Williamson, Virat Kohli and Joe Root. That, or just make it the Fab Five because there can’t be a list of great current-day batsmen without this young man. It’s tough to say exactly why he sets the pulse racing because Azam is not quite as obviously magnificent as the other four stylists on this list. He isn’t even built like them; not as languid nor as nimble.The thing about him is that he never looks ugly, or gauche, not for a moment. His statements on style aren’t as conspicuous as, say, Williamson’s, but you’ll find them – enough to be bowled over – if you are attentive. Think soft-shouldered suits and a dollop of the blasé. That’s Azam.When I can began writing this piece, I didn’t think it would end it with five right-hand batsmen and not even Anwar in it. Here we are, though – and when it comes to Team Pakistan… you know the cliché. (ESPN Cricinfo)
In this April 15, 2013, file photo, Shalane Flanagan approaches the finish line to finish fourth in the women’s division of the Boston Marathon in Boston. Flanagan is more determined than ever to win the race for her battered hometown. The Marblehead, Mass., native would be the first American winner since 1985. (AP Photo/Elise Amendola, File)BOSTON (AP) — Shalane Flanagan grew up in nearby Marblehead with a reverence for the Boston Marathon and dreamed, like many locals and foreign runners alike, that she would win the race someday.Her goal has changed now.But only a little.“If I could have one wish, it would be to win this specific race on this specific day,” she said this week. “It basically would be the highlight of my career, for sure. If I could win this specific Boston: It has the most power, the most meaning behind it, of all the Boston Marathons that would be run.”A year after two bombs at the finish line killed three and wounded 264 others, the 118th edition of the Boston Marathon has become a symbol of resilience for the running community, the city and a nation shocked by an attack on one of its beloved traditions. And Flanagan, a three-time Olympian who finished fourth in her Boston debut last year, is hoping an American victory in her hometown race will help heal the wounds caused by last year’s bombings.“I think something magical can happen for us,” she said. “It means so much to me, so much to my community and my family. I almost have to pretend that it’s just another race, when deep down I know it isn’t.”No American runner has won the Boston Marathon since Lisa Larsen-Weidenbach took the women’s title in 1985, two years after Greg Meyer’s victory that is the last American win in the men’s division. Since then, the top U.S. contender has trekked to Hopkinton each year hoping that an end to the slump will trigger a resurgence in American distance running.But a year after the bombing on Boylston Street provoked a national outpouring of sympathy for Boston and its signature sporting event, Americans are staking even more on a victory in 2014.“There are so many more eyes on the race this year,” said Desiree Linden, who finished second by 2 seconds in 2011 and was the last American runner to reach the Boston podium. “I think it would be really special to the people of Boston.”Linden, of Chula Vista, Calif., finished second when Flanagan won the 2012 Olympic trials on a different course here, but she dropped out of the race at the London Games with a stress fracture in her right leg that also prevented her from running Boston in 2013.Now she is back as part of one of the best U.S. women’s fields in decades. The men’s contenders include Ryan Hall, who finished fourth in 2011 in 2 hours, 4 minutes, 58 seconds — the fastest time ever run by an American marathoner — along with three-time Olympian and 2009 New York winner Meb Keflezighi.Although a victory would be great, of course, Hall thinks the added attention itself will give the sport a boost.“I’m happy to be a part of all the runners coming together — however that looks,” he said. “I don’t want to say it has to mean winning Boston or having a super-fast time. I want to be a part of such a historic race. I’m going to milk the excitement, the atmosphere. It’s going to come out of me on the race course. I know I’m going to get to the finish line faster than I otherwise would have.”East Africans have won the men’s race at the Boston Marathon every year since 1991, with Kenyans taking 14 straight titles and 20 of the last 23. On the women’s side, a pair of Russian wins is the only thing that interrupts a 17-year streak of Kenyan and Ethiopian dominance.But after a string of years in which no Americans even cracked the top 10, the hometown runners have had a resurgence. Last year, Flanagan and Colorado’s Jason Hartmann each finished fourth, Kara Goucher took sixth in the women’s race and there were as many U.S. men in the top 10 as Kenyans or Ethiopians.To break through to the top step on the podium this year, the U.S. runners will have to keep their emotions under control. Hundreds of thousands of fans are expected to line the 26.2-mile course from Hopkinton to Boston, a course that is littered with stories of runners who outran their pace and faltered.“If the emotion gets me too soon, it could absolutely ruin the race for me,” Flanagan said. “I sure we can use it to our advantage.”But Meyer, a Michigan native who moved to Massachusetts to get more familiar with the course, thinks having a passion for the race will give Flanagan an edge.“I don’t think it’s the energy of the crowd. I think it’s the energy in their own soul,” he said. “You have to believe that this is the most important thing you’re going to do in your racing career. I’ve seen that from Shalane.”And, if it’s Linden or Hall who gets the laurel wreath while listening to the “Star-Spangled Banner” play over Boylston Street, Flanagan will be OK with that, too.“It gives me chills just thinking about that,” she said. “If it’s not me, I pray that it is one of us: Meb, Desi, Ryan, Jason. I truly believe that we can pull it off. It would be so inspiring for all of us. I would just be so happy to a part of it.”___Follow Jimmy Golen on Twitter at: http://www.twitter.com/jgolen .