Standing out in today’s financial services landscape

first_imgCustomers have endless choices. Go to the grocery store or have a meal kit delivered? Take your car or use a ride-hailing service? Go to the movies or stream? This world of options is also affecting how customers manage their money.Managing finances is necessary for every demographic, but it doesn’t mean that customers are one-size-fits-all – each have their own needs and goals. More and more, customers demand ease and simplicity as managing finances takes a great deal of effort and time. Financial institutions need to be agile and ready to adapt as customer behaviors change.In the past, people would choose their financial institutions based on the convenience of the branch location or a family member’s relationship with one. Now we’re in a financial landscape where increased fragmentation is the norm. Consider that 63% of customers now consider fintech options for their financial services, and it shows, with the average household having up to five financial service provider relationships. They may use one institution for making deposits and paying expenses and another for financing a mortgage. So, what drives a customer to use multiple service providers for their financial needs? continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

The Row placed on probation once again

first_imgVice President of Student Affairs Michael L. Jackson placed The Row on social probation Thursday, prohibiting informal gatherings at fraternities on Tuesday and Thursday nights for the rest of the spring semester because of the recent negative events within the Greek community.Parties at fraternity houses will only be allowed Fridays and Saturdays, according to Jackson. These events must be reviewed and approved by the Office of Fraternity and Sorority Leadership Development.“If houses are found in violation of these instructions, they will be placed on immediate suspension pending a group judicial hearing,” Jackson wrote in an email. Jackson met with more than 150 leaders from USC fraternities and sororities Thursday to discuss the state of The Row, which has been plagued by behavioral problems and public incidents this year.“We discussed the collective responsibility chapters have for their members and that the Greek Councils have for their chapters,” Jackson wrote. This is the second time this year The Row has been placed on social probation.The Row was shut down Aug. 30, after 16 Interfraternity Council chapters were cited for unauthorized parties. Eight students were taken to the hospital for alcohol poisoning during what is often referred to by students as “Black Monday.”More recently, a misogynistic email sent on the Kappa Sigma fraternity listserv spread virally around campus and beyond, and graphic photos of a suspended member of Kappa Sigma appearing to have sex on the rooftop of Waite Phillips Hall made national news. Pat Lauer, president of IFC, said the leaders of USC fraternities and sororities understand how serious the situation is, and now they need to pass that message on to all of the Greek members.“Because of everything that’s happened, we need to get our act together completely and identify our weak points and improve upon them,” Lauer said. “It’s up to the leaders to help change the culture of the Greek community that has taken a negative turn.”At Thursday’s meeting, Jackson also established a task force composed of leaders of the various Greek councils and university staff from the USC Center for Women and Men and MenCare.Denzil Suite, associate vice president for Student Affairs, will be heading the task force, which will address issues including risk management, hazing, sexual assault, healthy relationships, alcohol and substance abuse, knowledge of USC policies, and chapter fire, health and safety programs.“I told students that we are depending on them to step up as leaders of their organizations, that [Student Affairs] will provide leadership, guidance and support, and that we want USC to have the strongest possible Greek community,” Jackson wrote.Lauer said the Greek community needs to make sure the negative attention from these actions does not conceal the positive things the Greek community brings to the university.“We’re kind of on thin ice right now, and we need to take it upon ourselves to confront these challenges we are faced with,” Lauer said.Jackson pointed out that USC’s Greek community has the highest GPA of any school west of the Mississippi and has received many national awards for service and leadership.“The hard work students devote to community service, philanthropic activity and participation in providing leadership for the broader USC student community is severely tarnished when members’ actions are arrogant, selfish, show a lack of respect for others, and threaten women in our community,” Jackson wrote.It is up to the members of the Greek community to change this negative perception, according to Lauer.“We owe it to ourselves to fix this image,” Lauer said.last_img read more

Taoiseach criticised for ‘disappointing’ response to proposed Extreme Weather Bill

first_imgThe Extreme Weather (Miscellaneous Provisions) Bill 2018 has been proposed in the Dáil, but has not been prioritized by the Taoiseach.The Bill, proposed by Sinn Féin, seeks to protect workers and employers and first responders who are faced with an extreme weather event.It proposes that when a status red severe weather warning in effect, it will be made an offence to act “recklessly or without reasonable cause or excuse and engages in any activity that directly or indirectly.” If convicted, the person could face up to 6 months in prison and may be liable to a class D fine, or both. This includes people who endanger their own life/the life of any other person, including emergency services personnel, by engaging in reckless activities.Debate surrounding the endangerment of emergency services personnel erupted during Met Eireann’s last status red warning, for Hurricane Ophelia. Many raised concern after a pensioner decided to go swimming at Salthill during the storm. Although he did not have to be rescued, his behaviour was criticised by the authorities and locals.The Bill also proposes that during a status red weather alert, the event should be treated as a public holiday and people should be allowed to take a paid day off.Speaking after discussing the Bill with an Taoiseach in the Dáil yesterday afternoon, SF Deputy Imelda Munster said: “We are expected to experience a severe weather event this week. This weather event will make life very difficult for vulnerable members of society, and also for those who may feel obliged to travel to work in poor weather conditions.“At the beginning of the month, my colleagues Gerry Adams TD and David Cullinane TD and I introduced the Extreme Weather Warning (Miscellaneous Provisions) Bill 2018 in order to provide certainty for workers, employers and the emergency services during an extreme weather event.“The confusion during Storm Ophelia regarding what actions employers and workers in the private sector and self-employed persons should take during an extreme weather warning had tragic consequences.“This Bill will provide for the safety of employees during certain severe weather warnings. It will enhance public safety and ensure the safety of rescue service personnel during such a weather warning.“The Bill would also impose penalties on those who would put lives in danger through reckless behaviour when an extreme weather warning has been called. It seeks to give an Garda Síochána enhanced powers to pursue such behaviour. “This afternoon in the Dáil, I asked Taoiseach Leo Varadkar to prioritise this legislation and bring the bill to second stage this week. The Taoiseach declined to facilitate my request.“As legislators, we must do everything we can to guide employers, protect workers, and strengthen the powers of emergency services in the case of severe weather warnings in order to prevent future tragedies.“As we face into what is forecast to be a severe weather event, the Taoiseach’s lack of action on this matter is very disappointing.”Reiterating his colleague’s comment, Gerry Adams TD today added that he is also “disappointed” by the Taoiseach’s response. “Earlier this month Imelda Munster TD, David Cullinane TD and I introduced the weather warning Bill in the Dáil.“Its purpose is to provide guidelines for public sector employers and self-employed persons in the event of an extreme weather warning being enacted.“The legislation would also impose penalties on those engaged in reckless behaviour in the midst of a severe weather warning.“This week the island of Ireland is facing a severe weather situation. If weather reports are true it may be among the most dangerous in recent decades.“During Storm Ophelia last October claimed three lives, including Fintan Goss from Ravensdale. As a result of those tragedies and a campaign for stronger legislation by the family, Sinn Féin TDs introduced our Bill.“I am very disappointed that when my colleague Imelda Munster raised this issue in the Dáil the Taoiseach refused to prioritise the draft legislation.”Taoiseach criticised for ‘disappointing’ response to proposed Extreme Weather Bill was last modified: February 28th, 2018 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:extreme weather miscellaneous provisions bill 2018Sinn Feinlast_img read more