5 ways your financial institution can use digital tools to connect with customers during COVID-19

first_img continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In response to the continuing challenges related to COVID-19, many financial institutions are relying on digital tools, including document management systems, to keep some semblance of normality.Document management systems are among the digital solutions that help your institution streamline operations and external communication. As financial institutions navigate this unprecedented situation while providing essential services to customers, maintaining productivity remains a priority. Follow these best practices to ensure your institution is operating efficiently while continuing to serve your customers during this time.1. Electronic Document DeliveryTo connect with customers, many financial institutions are using digital statements. With digital eStatements and eNotices, your customers can securely view a dynamic, interactive statement or bank notice online. Using these digital tools, your institution can reduce your paper and postage costs while offering convenience and physical safety during the COVID-19 pandemic.last_img read more

Americans losing faith in what Trump says about the coronavirus: Poll

first_imgA majority of Americans said they were concerned about how the coronavirus is spreading, according to the poll, as the number of COVID-19 cases surpassed 1 million people in the United States this week, killing more than 56,000.Trump publicly mused about the benefits of “cleaning” COVID-19 patients on the insides with disinfectants or ultraviolet light during a news conference last week, directing health officials in the room to look into it.Medical experts immediately condemned the president’s suggestion, and the makers of disinfectant products warned the public against ingesting them. Trump later tried to portray his remarks as sarcasm, but given his popularity with some Americans, health officials expressed concern his remarks would persuade some people to poison themselves.Overall, Trump’s overall popularity has not changed much over the past week. Forty-three percent of Americans said they approve of his overall job performance, and the same number also approve of his handling of the COVID-19 pandemic. Topics : Among registered voters, 44% said they would vote for Democratic presidential candidate Joe Biden, while 40% said they would back Trump if the election were held today.The Reuters/Ipsos poll was conducted online, in English, throughout the United States. It gathered responses from 1,001 adults, including 416 Democrats and 419 Republicans.center_img Americans appear to be losing faith in what President Donald Trump says about the coronavirus pandemic, with almost everyone rejecting Trump’s remark that COVID-19 may be treated by injecting infected people with bleach or other disinfectants, according to a Reuters/Ipsos poll released on Tuesday.The April 27-28 public opinion poll found that fewer than half of all adults in the US – 47% – said they were “very” or “somewhat” likely to follow recommendations Trump makes about the virus. That is 15 percentage points lower than the number who said they would follow Trump’s advice in a survey that ran at the end of March.And 98% of Americans said they would not try to inject themselves with bleach or other disinfectants if they got the coronavirus, including 98% of Democrats and 98% of Republicans. That is a near-unanimous rejection of an idea that Trump floated at a time of widespread anxiety about the virus.last_img read more

Industriens hails role of active management in 2015 results

first_imgThe pension fund said 2015 had been a very unsettled year with many economic and political factors at play, and that this had increased risk on financial markets.While equities produced high returns in the first quarter, the picture then changed markedly over the course of April, and the turbulence continued for the rest of the year, it said.Industriens said it had made good returns in its DKK38.6bn portfolio of equities, with Danish shares producing 33.3% – 2.5 percentage points higher than the market as a whole – and foreign shares generating 6.4%, which beat the market by 3.4 percentage points.Mortensen said: “We invested in the right shares, and at the same time our external managers did well, which also shows the value creation of our active management for members’ pension savings.”Unlisted investments ended the year with an overall return of 15.7%, with private equity alone returning 21.9%.Its portfolio of unlisted investments in Denmark and abroad now totals DKK31.8bn, having been built up to this level over many years.Mortensen said unlisted investments contributed significantly to the total return, making a decisive difference at a time of low interest rates and instability on the financial markets, and that the assets had added stability to the whole portfolio.Fixed interest assets, however, produced low or negative returns.Nominal Gilt-edged bonds returned 0.5% in 2015, index-linked Gilts gave 1%, and corporate bonds – which make up 30.8% of the overall portfolio – made a 1.8% loss. Industriens Pension in Denmark has reported a 6.7% overall return for 2015 in preliminary annual results and said its active management produced a good level of outperformance.In absolute terms, the pension fund’s investments returned DKK8.6bn (€1.1bn).Back in November, the DKK147bn (€19.7bn) labour-market pension fund reported it had produced a pre-tax return of 3.8% for the first nine months of 2015.Laila Mortensen, Industriens Pension’s chief executive, said: “Both the active management of equities and bonds and unlisted asset classes delivered good results, which has ensured all members a significant return on their pension savings.”last_img read more

NHL trade news: Penguins deal Phil Kessel to Coyotes for Alex Galchenyuk, prospect

first_imgTRADE ALERT: The Penguins have acquired forward Alex Galchenyuk and defenseman Pierre-Olivier Joseph from the Coyotes in exchange for Phil Kessel, Dane Birks, and a 2021 fourth-round draft pick.Details: https://t.co/fe3DWHBZCc pic.twitter.com/9W8jtdXzW1— Pittsburgh Penguins (@penguins) June 30, 2019Arizona has sent center Alex Galchenyuk and prospect Pierre-Olivier Joseph to the Penguins in return. There has been no money retained in the deal.“First and foremost, I want to thank Phil Kessel for his contributions to the Penguins,” Penguins general manager Jim Rutherford said in a press release. “He was a key component to our success in winning back-to-back Stanley Cups. We couldn’t have done it without him, and for that, we are grateful. With that being said, we are excited to welcome a young, skilled player in Alex, and add depth to our defense with first-round draft pick Pierre-Olivier Joseph.” Related News The Penguins have reportedly been trying to move Kessel for the better part of a couple of years.The 31-year-old has three years remaining on the eight-year, $64 million deal he signed with the Maple Leafs in 2014 and the Penguins believe that money could be better used elsewhere.Pittsburgh reportedly had a deal done with the Wild to send Kessel to Minnesota, but the winger nixed that agreement and remained with Pittsburgh for a short time.Players like Kessel don’t wind up on the market very often as he has averaged 63 points per season in his career and has eclipsed 80 points four times.He was a part of two Stanley Cup winning teams with the Penguins, but they underachieved last season and Rutherford wants to make some serious changes to the roster.Kessel will likely be the absolute biggest name on the move. NHL trade rumors: Wild have ‘proposal on the table’ to acquire Phil Kessel from Penguins Phil Kessel trade news: Penguins GM confirms team not shopping veterancenter_img As for Arizona, it has been linked to several big free agents, though it is unclear if it has an actual shot to get any of them.The trade for Kessel, though, is a surefire way to land an impact player and the Coyotes are very happy to get this deal done. The Coyotes have been trying to make moves this offseason and this one certainly qualifies as a big one.Pittsburgh dealt Phil Kessel, a 2021 fourth-round pick and Dane Birks to Arizona, the Penguins announced Saturday.last_img read more

Telangana MLA Chennamaneni Ramesh Not Indian Citizen, Says Home Ministry

first_imgThe Ministry of Home Affairs issued orders on Sept. 5 to cancel the Indian citizenship of Telangana politician Chennamaneni Ramesh on the grounds  that he  had not fulfilled the required criteria while obtaining it in 2009. The Telangana Rashtra Samithi (TRS) legislator, who has been facing allegations of being a German citizen, said he plans to seek a review of the decision.“I had forfeited my German citizenship while obtaining the Indian citizenship, as there is no dual citizenship system either in Germany or in India,” Ramesh, who is an MLA from Vemulawada constituency in Rajanna Siricilla district, told the Hindustan Times. “If my Indian citizenship is cancelled, where shall I go?”The order, issued by a joint secretary of the ministry, may be reviewed within 30 days. The home ministry’s decision came following the Supreme Court’s direction last week to inquire into and determine the dual citizenship issue of Ramesh within six weeks. The apex court was hearing a petition filed by Adi Srinivas, who contested election against Ramesh as the Congress candidate. Srinivas, the former chairman of Rajarajeswara Swamy Devasthanam, Vemulawada, had filed the petition against Ramesh in 2010.Ramesh is the nephew of Maharashtra Governor Vidyasagar Rao, and son of veteran politician Rajeshwar Rao, who was a five-time MLA. Ramesh was born in India, and renounced his Indian citizenship after moving to Germany in 1993. He later moved back to India to contest elections, and re-applied for Indian citizenship on March 31, 2008.Government guidelines require that the candidate should stay in India for at least 365 days before the application for citizenship is filed. Ramesh claims that he had lived in India for one year before he filed the application for citizenship, and got Indian citizenship on February 23, 2009. Srinivas, however, claims that Ramesh was in India only for 96 days before submitting his application in 2008, and that he had submitted fake documents to show his stay in India for one continuous year.Following Srinivas’ petition, the Hyderabad High Court had in 2013 set aside the election of Ramesh as MLA, ruling that he was not a citizen of India on the day the polling took place. The Supreme Court was hearing Ramesh’s appeal against the high court order. If the home ministry sets aside his appeal, Ramesh would be disqualified as a member of the legislative assembly.Chief electoral officer Bhanwarlal told the Times of India: “We have conducted the election in 2014 based on the citizenship of Ramesh at that time. If the Centre cancels that, then the Supreme Court has the power to decide the fate of the legislator.” Related ItemsChennamaneni Ramesh Adi SrinivasChennamaneni Ramesh citizenshipChennamaneni Ramesh controversyChennamaneni Ramesh Indian GermanLittle IndiaTelangana politician Indian citizenshiplast_img read more