Promoting credit union digitization in the “world’s most advanced digital society”

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Thomas Belekevich Thomas Belekevich has been employed by World Council since 2004 and currently serves as Program Manager of its international training and education programs. He is a polyglot – speaking Spanish, Portuguese, … Web: www.woccu.org Details In both established and emerging markets, digitization provides a path to modernizing credit unions and expanding their reach. At the World Council of Credit Unions (WOCCU), we believe so strongly in the power of digitization—we’ve established Challenge 2025: digitization of the global credit union system.And no country shows the possibilities digitization offers like the small Eastern European nation of Estonia.I recently joined a group of professionals from the Virginia Credit Union League (VACUL) and CULedger on a WOCCU Global Classroom exchange to the Estonian capital city of Tallinn, hosted by the Estonian Union of Credit Cooperatives (EUCC).There are fewer than two dozen credit unions in all of Estonia, representing just .01% of the country’s entire financial sector. But the potential to grow that reach is immense, due to Estonia’s unique position as one of the most advanced digital societies in the world. In fact, Wired magazine has called it the most advanced digital society. VCUL representatives learned why—and took home a vast array of information on how far they can advance their digital services as well.  The digital futureThe exchange—dubbed “Tallinn Forum 2019”—included presentations detailing the challenges and opportunities technologies such as cryptocurrencies and blockchain present for credit unions.John Ainsworth, CEO of CULedger, provided an overview of why it’s important for credit unions to build up their technology today, so they can deliver for members tomorrow.But to see the results of what full commitment to a digital future looks like, forum participants were treated to a presentation by E-Estonia—an arm of the Estonian government that promotes and facilitates online services for just about everything.It was fascinating to see the extent to which their e-Governance solutions have digitized life in Estonia. By utilizing a simple government ID card enabled with a special chip, Estonian citizens can select e-solutions for 99% of all public services right on their laptops or phones, at a time and place convenient for them. In most cases, there is never any need to physically visit the agency providing the service. The services include:  employmentpensiontaxesvotingdriver’s licenses (no need for a separate card, stored in ID)healthcareEstonia’s e-Health program was particularly interesting for exchange participants, showing how digital systems can deliver amazing customer service. Citizens’ healthcare is centralized on this system, allowing individuals to access their full medical records—including all procedures done during a surgery and medicines applied. It also allows them to see if anyone has accessed their record. The system is directly linked to pharmacies online to coordinate prescription dispensing and avoid errors. If a person is authorized for sick leave from the doctor, their employer is even notified directly through the system. It is both brilliant and efficient. Needless to say, our exchange participants were in awe of what Estonia has accomplished through digitization. While they will take that knowledge and examine the digital future of their own credit unions, World Council will continue working with its partners—such as CULedger—to examine ways we can get credit unions in Estonia and other developing nations to thrive digitally and grow their membership—as we build to meet our Challenge 2025 goal. last_img read more

Rumours Rife On Frank Lampard’s Imminent Move To Chelsea

first_imgLondon: Rumours of Chelsea’s desire to replace Maurizio Sarri with club legend Frank Lampard as head coach has been gaining steam since the end of the previous season. Frank Lampard, who is Chelsea’s all-time highest goal-scorer, nearly led Derby County to promotion to the Premier League in his very first season as manager before losing to Aston Villa in the playoff final.The 40-year-old’s uncle and football manager Harry Redknapp, who had given Lampard his senior debut at West Ham United, also said that his move to Chelsea seems imminent. “If Chelsea come calling, it’s a difficult one for him to turn down,” Redknapp told BBC Radio 5 Live. “In my personal opinion, he’ll be the manager of Chelsea. It looks to me like it’s going to happen.” IANS Also Read: Sadio Mane, Mohamed Salah lead Liverpool to 2-0 win over Chelsealast_img read more

Bowl season betting guide: Odds, lines, picks for Saturday’s college football games

first_imgCelebration BowlNorth Carolina A&T -2.5 vs. Alcorn State, O/U 51.5Florida A&M would have been the MEAC representative in this game if not for a postseason ban levied by the NCAA in the summer. Instead of seeing the Rattlers in the Celebration Bowl for the first time, we will see the North Carolina A&T Aggies making their fourth trip in five years, and they will be facing the Alcorn State Braves for the third time in that span.North Carolina A&T has had its way with the SWAC champion in the Celebration Bowl, winning all three of its previous appearances here. However, the Aggies are the weakest they have been in some time. They no longer have extremely gifted athletes like Lamar Raynard or Tarik Cohen, and the offensive line is not as strong without Brandon Parker holding down left tackle. The third time should be the charm for Alcorn State provided Felix Harper doesn’t turn the ball over, making the Braves a nice moneyline play.New Mexico BowlSan Diego State -3.5 vs. Central Michigan, O/U 40.5Buyer beware … this game is going to be tough to watch. The New Mexico Bowl has the lowest total of any game during bowl season, as San Diego State pairs the 127th ranked offense in the nation with the 11th best defense by SP+. Central Michigan is ranked outside the top 70 in both phases of the game by SP+, but there’s a good reason to like the Chippewas here.Aztecs’ head coach Rocky Long is 4-9 all-time in bowl games during his coaching career. Many of those losses weren’t against great teams, and San Diego State is 3-5 ATS under Long in bowl games.MORE: Picking all 40 bowl games in 2019-20Cure BowlGeorgia Southern -4 vs. Liberty, O/U 58.5Hugh Freeze has taken Liberty to a bowl game for the first time in school history, but the Flames played the softest schedule in the country to get to Orlando. Only their win against Buffalo looks good, as their other six victories came against two FCS schools, UMass, New Mexico, and New Mexico State (twice).The conventional wisdom is that triple option teams underachieve in bowl season considering opponents have time to prepare for the scheme, but that hasn’t played out. Since 2007, the true triple option teams (Army, Air Force, Navy, Georgia Southern, and Paul Johnson’s Georgia Tech) are 28-18 ATS.Boca Raton BowlSMU -3.5 vs. Florida Atlantic, O/U 68.5The Owls have the benefit of playing a home game on Saturday, but it’s hard to know how motivated Florida Atlantic will be for this game. Teams that are playing under an interim coach have a mixed track record in bowl season, and FAU played in the weakest conference in the FBS this season.We should see plenty of points since SMU is involved though. Sonny Dykes has built the Mustangs in his image, and the average SMU game has seen almost 75 points scored in 2019. Lane Kiffin may have left Boca Raton, but plenty of offensive minds remain and this game is the most likely shootout on the board.Camellia BowlArkansas State -2.5 vs. Florida International, O/U 60.5We have yet to see a blowout in the Camellia Bowl. The largest margin of victory in the history of this bowl was five points, and the five bowl games played thus far have a total MOV of 17 points. Accordingly, the college football betting line for this game is under a field goal, and this is the biggest toss-up on the board for Saturday.Las Vegas BowlWashington -3 vs. Boise State, O/U 49Chris Petersen will call it a career in Sin City on Saturday with a fitting final game. He will be facing the program he helped put on the map in Boise State, and there are sure to be emotions displayed on the sidelines and in the stands. This Saturday is the busiest day remaining for college football. The Division II Championship Game between West Florida and Minnesota State and the FCS Semifinals will be broadcast on the ESPN family of networks, but the games most people are jonesing for are the seven bowl games scheduled to take place throughout the day. This is one of the last days to lean back in your recliner and let the college football wash over you all day, so here’s a primer for those games.MORE: Get the latest NCAA odds & betting advice at Sports Insider The Huskies will be short-handed though with tight end Hunter Bryant declaring early for the NFL Draft and star left tackle Trey Adams sitting out his final collegiate game. Adams has kept Jacob Eason relatively untouched in the pocket, while Bryant has been his favorite receiver throughout 2019, leading to questions surrounding Washington’s offense.New Orleans BowlAppalachian State -17 vs. UAB, O/U 47.5When the opening bowl game betting odds were released two weeks ago, Appalachian State was the biggest favorite on the board. UAB looked lost in the Conference USA Championship Game against Florida Atlantic, and the Blazers sputtered over the second half of the season.Although Eli Drinkwitz left Appalachian State after one season to take the job at Missouri, the Mountaineers are still heavy favorites in this game. They have an elite defense that made App State one of the best Group of Five teams in the country, and Zac Thomas is a very good dual threat quarterback. App State has continually showed up in bowl games, winning four straight bowl games coming into the New Orleans Bowl, and their last two victories were by a combined 66 points.last_img read more