7 steps credit unions can take to counteract PINless debit


first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr PINless debit has been in use for many years. It allows certain merchant categories to bill debit cards for things like utility bills and Internet charges, where entering a PIN created additional security concerns. The use of PINless debit complies with the Durbin Amendment and cuts merchant interchange rates in half.When a merchant processes a lot of sub $50 transactions, they can re-route debit transactions off of Visa and MasterCard and on to EFT networks (such as STAR and NYCE). In most cases, this happens without consumer knowledge or permission. Meanwhile, according to recent reports, the number of retailers implementing re-routing is on the upswing.The impact to credit unions is a reduction in interchange fees. According to the Federal Reserve, for exempt Financial Institutions—those under $10 billion in assets—the average interchange fee per transaction for a transaction processed over Visa’s or MasterCard’s networks is $0.50, compared with $0.26 for transactions processed over most of the PIN networks. That’s nearly half! continue reading »last_img read more

Stobart Group enhances racing support via fresh sponsorship


first_img StumbleUpon Submit Alberto Alfieri: Leading the way for Gamingtec’s B2C growth August 25, 2020 Betfred extends World Snooker Championship deal until 2022 August 17, 2020 Share Betfred counters Oppenheimer bid in race to rescue Phumelela August 26, 2020 The Stobart Group has been announced as headline sponsor of the three-day Northumberland Plate meeting, after agreements were reached with the Arena Racing Company and Newcastle Racecourse.Titled the Stobart Group Festival of Racing, the festival is scheduled to take place June 28-30, featuring a stellar racing and entertainment line-up.David Williamson, Executive Director at Newcastle Racecourse, commented: “We are absolutely delighted to extend our partnership with Stobart Group at Newcastle Racecourse.  “We have enjoyed an excellent relationship with Stobart Group in recent years, and we are delighted to see them take overall sponsorship of the Northumberland Plate meeting, which is an institution in the region.“We’d also like to thank longstanding sponsors, Betfred, who we’re very happy to see remain involved in the meeting, through sponsorship of races including the Northumberland Vase and Chipchase Stakes. “They have been fantastic supporters of the Northumberland Plate over the years, and we’re looking forward to another three fantastic days racing and entertainment in June.”Commencing with the Stobart Aviation Raceday, the historic festival builds up to the £150,000 Stobart Rail & Civils Northumberland Plate Day culmination, the richest two-mile handicap in Europe, on Saturday 30 June, which will be broadcast live on ITV1.David Leyden Dunbar, ARC Director of Partnerships, said: “Stobart Group were instrumental in the installation of the world class Tapeta track at Newcastle, which has helped see some of the world’s best horses come to Gosforth Park since the track was opened.  “The partnership for the premier flat meeting in Newcastle’s calendar is an obvious extension of the relationship, which we are delighted to announce.”Kirk Taylor, Managing Director of Stobart Rail & Civils, added: “Stobart Group is delighted to sponsor this year’s Plate Festival at Newcastle Racecourse. Stobart was central to the development of the all-weather track at the racecourse and is a significant supporter of British racing. “Our Rail & Civils division sponsored the Northumberland Plate in 2017 so we are very much looking forward to the Group supporting the whole festival in 2018. It will be great to see everyone there for what is sure to be a fantastic three days of racing.” Related Articles Sharelast_img read more

NASCAR results at Watkins Glen: Chase Elliott repeats in Go Bowling at the Glen


first_imgThe 2019 version of Go Bowling at the Glen felt a whole lot like 2018 — Chase Elliott even ran out of fuel during his celebratory burnout. Elliott held on to a narrow lead during the final laps to beat Martin Truex Jr. at Watkins Glen International for the second year in a row. The win is the second of the season for Elliott.Elliott and Truex finished a full nine seconds better than the rest of the field in a race dominated by two of the best road course drivers. Elliott led 81 of the 90 laps, the second most ever at Watkins Glen. The No. 9 became just the fifth driver ever to repeat winning on the track and the first since Marcos Ambrose in 2011-12. 3:24 p.m.: Kyle Busch spins through Turn 1 on Lap 2, but we stay green. The No. 18 looks to not be damaged.3:22 p.m.: Green flag as William Byron and Kyle Busch settle behind Chase Elliott.3:13 p.m.: Cars are rolling. A quick breakdown of today’s race: MORE: Watch the NASCAR live with fuboTV (7-day trial)Denny Hamlin continued his recent stretch of great finishes as the No. 11 placed third. Erik Jones and Ryan Blaney rounded out the top five.Kyle Busch, who entered the day second in the Cup Series standings, did not make any friends as he was twice spun out by drivers (William Byron and Bubba Wallace) after continued contact with both cars throughout the race. The No. 18 Toyota still managed to finish 11th despite sustaining heavy damage, a result that was good enough to propel him to first in the Cup Series standings.Corey LaJoie, who sacrificed a month’s worth of salary in order to don a special paint scheme for Samaritan’s Feet — a faith-based nonprofit that gives shoes to impoverished children — finished 34th. The No. 32 reportedly raised over $100,000 for the charity.The Cup series returns to Michigan International Speedway on Sunday with just four regular season races remaining for the Consumers Energy 400.Sporting News provided live lap-by-lap updates and highlights from the Go Bowling at the Glen. Follow along below.NASCAR at Watkins Glen: Live updates, highlights from Go Bowling at the GlenGo Bowling at the Glen: 2019 winner, top 20 order of finish( All times Eastern.)FinishDriverTeam (Car No.)Laps led1.Chase ElliottHendrick Motorsports (9)812.Martin Truex Jr.Joe Gibbs Racing (19)13.Denny HamlinJoe Gibbs Racing (11)4.Erik JonesJoe Gibbs Racing (20)5.Ryan BlaneyTeam Penske (12)6.Matt DiBenedettoLeavine Family Racing (95)7.Kevin HarvickStewart-Haas (4)8.Kyle LarsonChip Ganassi Racing (42)69.Brad KeselowskiTeam Penske (2)10.Kurt BuschChip Ganassi Racing (1)11.Kyle BuschJoe Gibbs Racing (18)12.Aric AlmirolaStewart-Haas (10)13.Chris BuescherJTG Daugherty Racing (37)14.Alex BowmanHendrick Motorsports (88)15.Ricky Stenhouse Jr.Roush Fenway Racing (17)16.Michael McDowellFront Row Motorsports (34)17.Daniel SuarezStewart-Haas (41)18.Paul MenardWood Brothers Racing (21)319.Jimmie JohnsonHendrick Motorsports (48)20.Clint BowyerStewart-Haas Racing (14)Caution flags: 4Lead changes: 5Lap leaders:  Chase Elliott (81), Kyle Larson (6), Martin Truex Jr. (1), Paul Menard (1)5:36 p.m.: Chase Elliott holds on for his second win of the season.5:34 p.m.: Two laps left. Elliott has a lead of half a second.5:30 p.m.: Five laps to go, and Truex has never been closer, but he’s going to need a mistake from Elliott.5:25 p.m.: Denny Hamlin is in third and a full seven seconds behind Elliott. Erik Jones and Ryan Blaney round out the top five.5:22 p.m.: With 12 laps to go, Elliott has a lead of a single car length. Lap traffic is about to play a factor.5:16 p.m.: Truex gains a lot of ground on nearly every turn, but then Elliott pulls away on the straight aways.5:12 p.m.: Kyle Busch’s car looks like it’s been through a war. He’s 23rd with 20 laps to go.5:10 p.m.: Austin Dillon spins out and has to wait for the pack to pass. No caution.5:09 p.m.: Elliott just radioed that he may have a rear tire going flat from the contact with Truex.5:08 p.m.: Truex may have take some damage to his front fender from all that contact with Elliott.5:06 p.m.: Back green with 25 laps to go. Lots of contact between Elliott and Truex on the restart, but Elliott pulls away.4:57 p.m.: Caution is out after Bubba Wallace retaliates to some contact from Kyle Busch, and very intentionally spins out Busch.4:54 p.m.: Both the leaders have now pitted with 29 laps remaining, and Elliott maintained his narrow lead over the No. 19.4:50 p.m.: Truex is getting dangerously close to passing Elliott. The two are over nine seconds better than Kevin Harvick in third.4:46 p.m.: Daniel Hemric spins out, but no caution or damage.4:42 p.m.: Ty Dillon goes through the grass and has to head to pit road to remove grass from his grill.4:37 p.m.: Chase Elliott and Martin Truex are really pulling away from the field.4:34 p.m.: Green flag waves on the final stage.Stage 2 winner: Chase Elliott4:23 p.m.: Chase Elliott wins Stage 2 under caution.4:21 p.m.: Caution. Bubba Wallace spins out and makes heavy contact with the tire carousel. Since there are just two laps remaining, Stage 2 will end under yellow.4:17 p.m.: Green with four laps left in Stage 2. Elliott maintains his lead, with Truex in second.4:07 p.m.: Caution is out with seven laps to go, as Reed Sorenson’s No. 77 is heavily smoking.4:05 p.m.: As drivers begin pitting, Elliott retakes the lead.4:00 p.m.: Joey Logano went through the grass. He has a big chunk of grass on his grill. Parker Kligerman does a full spinout, but no caution.3:57 p.m.: Back under green with Kyle Larson and Kevin Harvick in the front.3:50 p.m.: What a surprise…Kyle Busch has some beef with a driver. After William Byron spun Busch out early in the race, Busch sent Byron through the grass a few laps later. Both drivers have been sounding off about one another on the radio.Stage 1 winner: Chase Elliott3:46 p.m.: Chase Elliott holds serve to win Stage 1. Jimmie Johnson picks up valuable points in sixth place.3:44 p.m.: Elliott has a lead larger than six seconds with two laps remaining in the stage.3:43 p.m.: And drivers begin their pit strategies on Lap 17.3:41 p.m.: With four laps to go, William Byron tries to get by the inside of Hamlin, nearly spinning the No. 11, but no such wreck.3:35 p.m.: Denny Hamlin and Martin Truex Jr. have moved into second and third behind Elliott.3:30 p.m.: Aric Almirola just radioed that his shifter is “literally” about to break off.last_img read more

What happened next to England’s previous Golden Boot winner?


first_imgHarry Kane scored six World Cup goals to become England’s first Golden Boot winner since 1986.Having hit a hat-trick against Panama and two against Tunisia in the group stage, he added to his tally in the dramatic victory over Colombia in the last 16. However, he lists the 1986 World Cup as his best and the hat-trick v Poland, which preceded his move from Goodison to Camp Nou.“I’d gone five or six games without scoring for England, so I was under a bit of pressure, especially as the World Cup was such a big tournament,” he told FIFA.com.With his treble, Lineker opened the floodgates as he scored twice more against Paraguay in England’s next match, then added a consolation in the 2-1 defeat to a Diego Maradona-inspired Argentina.Even before Kane was showcasing his prowess on the world stage in Russia, Europe’s heavyweights had been circling.During the tournament, former Arsenal captain Cesc Fabregas couldn’t resist a cheeky dig at Spurs: “Harry Kane is probably the best striker in the Premier League,” he told BBC Sport ahead of England’s win against Panama while trying to contain a smile. “I think he’s now ready to go to a proper big club!”Joking aside, Real Madrid are understood to be tracking him and former Bernabeu president Ramon Calderon even told The Sun as much in April.“The objective for Real Madrid, no doubt, is Kane,” he said.“If they want a player for the next five or six years they are going to go for Kane but [Spurs chairman Daniel] Levy is going to ask a fortune for him.”And Levy has already said the club will not sell anyone they don’t want to ahead of the move into the new stadium, with Kane penning a new deal in June meaning interested clubs will have to break the bank to land him. Barcelona paid £2.8m for Gary Lineker There is no suggestion he wants to leave either. “It’s been fantastic to consistently get in the Champions League so I’m really excited to have another go at that, and with the Premier League and FA Cup, we’ll look to go as far as we can,” he said upon signing his new deal.Still, if he keeps going at the rate he is, it obviously becomes harder for Tottenham to keep him even if they are moving in the right direction.Lineker’s life changed after his exploits in 1986 and he even won his old man some money, as Lineker senior placed a bet on his son finishing top scorer ahead of the tournament at odds of 14-1. 4 4 The last time England had such a prolific World Cup marksman was when Gary Lineker took home the Golden Tan – sorry, boot – in the Mexico heat, which landed him a £2.8million transfer to Barcelona as a result.Former striker Lineker is seemingly best remembered for his Italia ‘90 exploits where he equalised against West Germany in the semi-final, gestured to the bench when Gazza broke down and even had the bottle to score three penalties (two against Cameroon, one in the semi-final shoot-out). 4 Harry Kane has scored 108 goals in 153 Premier League games 4 Lineker scored six goals at Mexico ’86 Harry Kane has scored six goals at the World Cup “I looked at him like he was a madman,” Lineker said. “[The World Cup] was a great experience overall, despite how we went out,” he added.“Winning the Golden Boot was year zero for me. Life changed. And my dad won some cash, so he was pleased, too!”Hopefully Mr Kane was able to bung a few quid on Harry before the tournament began.last_img read more