Category: boorpt

Limerick loses ground-breaking humanitarian leader

first_imgFr Finucane formally retired in 2002 but never stopped working for Concern. In 2004, without hesitation, he abandoned all plans for the summer and flew to Sudan to lead Concern’s response to the Darfur crisis and later went on to oversee Concern’s operations in tsunami-affected Sri Lanka. Throughout, he remained passionate and engaged in everything to do with Concern including serving on the board of Concern Worldwide US.Active to the end, Fr Finucane walked around Inishturk Island, off the coast of Galway a few weeks ago with 70 Concern volunteers he had worked with over the years. Email Print Fun home-schooling challenges launched by Concern Linkedin Facebook NewsCommunityLimerick loses ground-breaking humanitarian leaderBy Editor – June 9, 2017 1119 WhatsApp Limerick woman preventing spread of COVID-19 in South Sudan No vaccines in Limerick yet COVID-19 volunteerism is a glimpse of what the future can be for church and community Statement from President Higgins on ‘Gaisce sa Bhaile’ Twitter TAGSBishop Brendan LeahyConcernFather Jack FinucanefeaturedPresident Michael D Higgins Walk in Covid testing available in Limerick from Saturday 10th April Advertisement With Compliments. The late Fr. Jack Finucane, Concern Worldwide pictured in Somalia. Picture: Liam Burke Press 22The late Fr. Jack Finucane pictured in Somalia.Father Jack Finucane, one of Ireland’s leading humanitarians, has passed away at the age of 80.Born in Limerick in 1937 and ordained a priest in 1963, Fr Finucane was sent to Nigeria with the Holy Ghost Fathers and was at the heart of the distribution of aid flown into Biafra by Concern and other relief organisations. Following the surrender of Biafra, he was arrested by the Nigerian authorities and spent several weeks in prison before being deported.Sign up for the weekly Limerick Post newsletter Sign Up During the 1984 famine in Ethiopia Fr Finucane’s knowledge of the country and his considerable diplomatic skills enabled Concern to mount a massive response to the crisis. By the time that famine received worldwide attention, Concern had a team of 46 expatriates and 890 national staff on the ground. Fr Finucane was an advisor to Bob Geldof and his Live Aid team and in 1985, he brought a young Bono on his first trip to Ethiopia, the singer has since credited him with having a huge influence on his thinking with regard to international development.Speaking about the life of Fr Finucane, CEO of Concern Worldwide, Dominic MacSorley, remarked: “An unassuming leader, he brought intelligence, drive and passion to what is now Ireland’s leading humanitarian and development organisation. Along with his brother, Aengus, they were a bridge between Ireland’s long tradition of missionary work defining contemporary humanitarian response characterised by professional, practical, compassionate solutions on the ground. Together, they brought a nation with them.The late Fr Jack Finucane who died this week“What Jack has achieved may never be fully quantified but he has saved and improved the lives of millions of people caught up in crisis and poverty. Sorely missed, he leaves behind a legacy of incredible humanitarian significance.”Paying tribute, President Michael D. Higgins, said, “It is with great sadness that I have learned of the death of Fr Jack Finucane. Jack and his late brother Fr Aengus Finucane were inspirational figures and their life’s work leaves a real, positive and enduring legacy for millions of people across the globe, as well as having contributed to Ireland’s reputation abroad in the best possible sense.”Mayor Kieran O’Hanlon also paid tribute to one of Limerick’s great ambassadors, “On behalf of the people of Limerick, I would like to offer condolences to the Finucane family on the death of Fr Jack. His work with those from developing countries is unsurpassed.  From the Biafran region in Nigeria to Bangladesh and Ethiopia, Fr Jack has tended to some of the poorest people in the world. He co-founded Concern in 1968 along with his brother Fr Aengus, Fr Raymond Kennedy as well as John and Kay O’Loughlin Kennedy.  This is a charity which has stood the test of time and is a by word for professionalism and caring.”Limerick Bishop, Brendan Leahy, offered his own touching testimony to a man he greatly admired, “In life there are many people placed on pedestals, people we consider, and rightly so, heroes. We all need people to look up to.  But it is no exaggeration to say that Fr. Jack Finucane was the embodiment of what it means to be a hero – someone who protects and defends.“His work and achievements with his brother, the late Fr. Jack Finucane, and others with Concern were remarkable in any context, helping to bring it from a small organisation into a global force that today represents the triumphs of human spirit in how it helps the poorest people right across the world. The late Fr Aengus Finucane who died in 2009 and his brother Fr Jack Finucane who died this week photograhed when they were awarded the Freedom of the Limerick City“I was also interested to hear that despite leaving Limerick at the age of 18, Limerick never left him.  He remained at all times in touch with what was going on here, not least on the sporting front.“It is also heartwarming today to hear of just how proud he was of being a priest.  He had a calling and answered it.  Not just that, he fulfilled everything possible that could be expected of one man or woman’s calling.  A beautiful characteristic also was that, by all accounts, he was extremely modest, never looking for attention for, or boasting about, his very considerable achievements,” Bishop Leahy concluded. Previous articleBeyond the neon runesNext articleSouthill Youth Project call on Limerick people to help them win national award Editor RELATED ARTICLESMORE FROM AUTHORlast_img read more

Hot weather warning for Limerick

first_imgMET Éireann have issued a status yellow weather warning for Limerick as temperatures soar to 27 degrees.The warning is also in place for Clare, Kerry, Cork, Galway and Mayo.Sign up for the weekly Limerick Post newsletter Sign Up It comes into force from 1pm on Thursday until the evening time.Temperatures today are set to reach 25 degrees in places with the West of Ireland being the hottest. RELATED ARTICLESMORE FROM AUTHOR Previous articleThe Limerick Post Show | Munster Hurling Final PreviewNext articleCity and Soul: Star in the fashion infirmament Meghann Scully Limerick’s National Camogie League double header to be streamed live Twitter WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Print Email WhatsAppcenter_img Limerick Ladies National Football League opener to be streamed live LimerickNewsHot weather warning for LimerickBy Meghann Scully – June 26, 2019 541 Linkedin Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Advertisement TAGSKeeping Limerick PostedlimerickLimerick Postsummersunshineweather Facebook Donal Ryan names Limerick Ladies Football team for League openerlast_img read more

Freddie Mac to Seek Punitive Damages in Deloitte Lawsuit, Report Says

first_img Tagged with: Deloitte & Touche Freddie Mac Mortgage Fraud Taylor Bean & Whitaker  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Share Save Related Articles Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Government-sponsored mortgage giant Freddie Mac has decided to seek punitive damages in its $1.3 billion lawsuit filed against accounting firm Deloitte & Touche over some mortgage loans the GSE purchased from now-defunct mortgage servicer Taylor Bean & Whitaker, according to media reports.Freddie Mac’s lawyers accused Deloitte of “gross negligence” with regards to the purchased mortgage loans in an amended complaint that was unsealed Monday, according to the reports.When reached by email, a spokesman from Freddie Mac declined to comment on the lawsuit and would not specify how much more than the original suit amount of $1.3 billion that the GSE would seek from Deloitte in punitive damages.Freddie Mac sued Deloitte for $1.3 billion in a Florida court in September 2014 with regards to fraudulent mortgage loans the GSE purchased from Taylor Bean & Whitaker, according to reports. Freddie Mac says it would not have purchased those mortgage loans from Taylor Bean if Deloitte, which audited Freddie Mac from 2002 to 2009, had paid attention to red flags which indicated fraud.Freddie Mac claims that Deloitte’s negligence cost the GSE $1.3 billion. Freddie Mac was taken over by the government in September 2008 at the height of the financial crisis, and along with its fellow GSE, Fannie Mae, needed a $188 billion bailout from the government to stay afloat.Taylor Bean, which was once the largest non-bank mortgage servicer in the nation, filed for bankruptcy in 2009. In 2011, Taylor Bean’s chairman, Lee Farkas, was sentenced to 30 years in prison for fraud. Freddie Mac to Seek Punitive Damages in Deloitte Lawsuit, Report Says March 10, 2015 1,512 Views Deloitte & Touche Freddie Mac Mortgage Fraud Taylor Bean & Whitaker 2015-03-10 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Previous: Report: Foreclosure Rate in Judicial States More Than Triple That of Non-Judicial States Next: DS News Webcast: Wednesday 3/11/2015 Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Home / Daily Dose / Freddie Mac to Seek Punitive Damages in Deloitte Lawsuit, Report Says Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Subscribelast_img read more

House Hunters Face Fierce Bidding Wars

first_imgHome / Daily Dose / House Hunters Face Fierce Bidding Wars Previous: The Week Ahead: Industry Braces for the Forbearance Exodus Next: Ex-GSE CEO Sees Hope in Toomey’s Housing Reform Plan The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Sign up for DS News Daily 2021-03-26 Christina Hughes Babb Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Market Studies, News About Author: Christina Hughes Babb House Hunters Face Fierce Bidding Wars Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago March 26, 2021 1,274 Views House hunters, especially those seeking a higher-end single-family home, should be prepared for some fierce competition.It is nothing new.Countrywide, 60.9% of home offers written by Redfin agents in February faced competition, up a little from  59.3% in January—that makes 10 straight months in which more than half of Redfin offers encountered competition.Indeed, bidders have been battling one another throughout the pandemic, as they face heightened demand for larger single-family residences, dwindling inventory, and increased desirability brought on by lower-than-ever interest rates.Even as interest rates inch up, the want for homes continues to increase, according to the latest data from Redfin.”The uptick in mortgage rates is likely fueling more bidding wars in the short term because house hunters are rushing to buy homes before rates rise even further,” said Redfin Chief Economist Daryl Fairweather. “If mortgage rates move significantly higher, we’ll likely see some buyers move to the sidelines, which will curb competition in the long run.”Redfin reports that buyer battles today are more intense than any of its agents have seen in the past, with the most attractive houses receiving dozens of offers, selling at breakneck speed and for tens of thousands of dollars above the asking price.Rapid sales and buyers’ willingness to pay so much more than the listed price is a sure sign of a market that doesn’t seem to be cooling.In February, homes essentially went under contract in 32 days—23 days faster than a year earlier—and a record 36% of homes went for more than their asking prices, Redfin reported.“Every home I put on the market for under $700,000 is selling in a day,” said Heather Kruayai, a Redfin real estate agent in Jacksonville, FL. “I recently listed a three-bedroom single-family house in Durbin Crossing that got 30 offers. I’ve never seen that in my life. We had to stop showings because the sellers just couldn’t accommodate that many people coming through their house. Buyers were calling me up themselves and pleading with me to pick their offers. My client ultimately chose the bidder who had the highest offer and agreed to pay the difference if the appraisal came in lower than the contract price.”Redfin’s data determined that Salt Lake City, Utah; San Diego; Phoenix, Arizona; Denver; and San Francisco were the most competitive markets in America.“You have to pull out all of the stops. Successful buyers are offering $30,000 to $50,000 over the asking price, limiting or waiving inspections, offering free rent-back, and agreeing to make up the difference in the event of a low appraisal,” said Monica Arnett, a Redfin real estate agent in Denver.  “I had one client offer $800,000 in cash on a $750,000 listing. They were outbid by someone who offered $900,000.”Redfin researchers recently examined strategies homebuying hopefuls and their agents can embrace to better their chances of winning when a bidding war breaks out.One of the best ways to come out on top, Redfin found, is to make an all-cash offer, which, researchers say, almost quadruples a prospective buyer’s chances, raising the odds by 290%. Waiving the financing contingency also is an effective strategy,  improving homebuyers’ odds of winning by 66%, according to an analysis of data on thousands of offers written by Redfin agents on behalf of their homebuying clients from July 2020 to February 2021.For the full reports, visit Redfin.com/news.  The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Related Articleslast_img read more

HMS Northumberland on Its Way to North Shields

first_imgBack to overview,Home naval-today HMS Northumberland on Its Way to North Shields [mappress mapid=”16308″]Image: Royal Navy Royal Navy’s Type 23 frigate HMS Northumberland sails into North Shields on Wednesday 24 June for a six-day visit.She will be berthing at Northumbrian Quay North Shields at approximately 10am and will remain alongside until Monday 29 June.During her stay the ship and her crew will play host to a wide range of visitors and take part in a number of affiliation events.The highlight of the visit will be on Friday 26 June when 160 members of the ship’s company will march in a Freedom Parade through the county town of Morpeth.HMS Northumberland is open to the public on Armed Forces Day, Saturday 27 June. HMS Northumberland on Its Way to North Shields View post tag: europe View post tag: News by topic View post tag: HMS Northumberland Authorities View post tag: Naval View post tag: Navy June 24, 2015 View post tag: North Shields Share this articlelast_img read more

Press release: Trio of justice bills become law

first_img A Victims Strategy, which ensures support for victims is aligned to the changing nature of crime, and boosts services at every stage of the justice system. A Female Offender Strategy which delivers dedicated support to vulnerable female offenders – diverting them away from short prison sentences wherever possible. This includes £5 million of funding in community services as well as establishing five pilot residential women’s centres across England and Wales. Increasing transparency of the parole process, by legislating to allow the Parole Board to provide summaries of its decisions to victims, media and the wider public. Launching a consultation on no fault divorce, to remove the acrimony created by forcing couples to attribute blame when a marriage ends. Move more court processes online, saving time and money as part of the government’s ambitious £1 billion court reform programme, bringing new technology and modern ways of working to the justice system. This includes a new fully accessible online civil money claims service giving the public the ability to make small claims online – with more than 37,000 claims made since its launch in March and user satisfaction at 90% – and a new system for applying for divorce online, which has cut errors in application forms from 40% to less than 1%. Introducing the ‘Upskirting’ Bill, protecting victims by making this invasive behaviour a criminal offence punishable by two years in prison. These important new laws will help us to deliver safe, decent prisons and a fair, efficient justice system that puts the people who use it first. Days like today show that – despite the current squeeze on Parliamentary time – this is a department getting on with business as usual and delivering real change. This builds on legislation delivered earlier this year by the Ministry of Justice (MOJ), including the Assaults on Emergency Workers (Offences) Bill which doubled the maximum prison sentence from 6 to 12 months for anyone found guilty of assaulting a prison officer. MOJ has introduced a number of other additional measures throughout 2018 to restore stability to the prison estate, including a £70 million investment in safety, security and decency. This includes £16 million to improve conditions for prisoners and staff and £7 million for new security measures, such as scanners, improved searching techniques, phone-blocking technology and a financial crime unit to target the criminal kingpins operating in prisons.Meanwhile prison officer numbers are rising, with more than 4,300 now recruited and staffing levels at their highest since 2012, and there has been a significant focus on prisoner rehabilitation. The launch of the Education and Employment strategy this year created a system where each prisoner is set on a path to employment from the moment they arrive in custody.The Civil Liability Bill, also passed today, will ensure spurious or exaggerated whiplash claims are no longer an easy payday. Compensation will be capped, and settling claims without medical evidence will be banned – with insurers promising to pass on savings to hard-pressed motorists through lower insurance premiums.The Bill also makes important changes to how the personal injury discount rate is set. Under the reforms, the rate will be reviewed in a more regular, transparent way, ensuring claimants suffering life-changing injuries still receive full and fair compensation. The changes will also reduce the burden of over-compensation on defendants, in particular the NHS, and will make the system fairer for all – including taxpayers and motorists.The third bill passed today, the Courts and Tribunals (Judiciary and Functions of Staff) Bill, will allow appropriately qualified and experienced court and tribunal staff to deal with routine matters, freeing up judges’ time to focus their expertise on matters that need it most. It will also allow the judiciary to be flexibly deployed across jurisdictions where they are most needed, allowing judges to gain experience of different types of cases, helping with their career progression.Justice Minister Lucy Frazer said: This Bill supports our fundamental transformation of the justice system, making courts easier to use, more efficient and fit for the digital age. By enabling judges to hear cases in different jurisdictions and giving court staff powers to deal with routine issues, we will make our courts more efficient and effective, while making better use of taxpayers’ money. A mobile phone in prison effectively allows a prisoner to jump the prison walls: they can transfer money, record videos and intimidate witnesses. I thank my colleagues Maria Caulfield MP and Baroness Pidding for their work in sponsoring this Bill, which will help us to find and seize these illicit devices. This is just one in a series of measures we have implemented this year, showing our commitment to restoring stability and security to the prison estate. As well as delivering new laws in Parliament, MOJ has introduced a wide range of other measures throughout 2018, including: mobile network operators now able to directly block phone signals in prisons drivers to see lower car insurance premiums as a result of fewer spurious whiplash claims judges’ time will be freed up to focus their expertise on the most important issues The Prisons (Interference with Wireless Telegraphy) Bill means mobile network operators can now detect, block and investigate illegal phone use in prisons – joining the government in the fight against criminals who fuel violence behind bars. The Secretary of State will be able to authorise mobile network operators to interfere and block phone signals in all prisons across England and Wales.Prisons Minister Rory Stewart said: Illicit mobile phones in prisons will be blocked, motorists will save money through lower car insurance premiums, and courts will run more efficiently after the bills all passed Parliament on the final sitting day before Christmas recess.Justice Secretary David Gauke said:last_img read more

Turkuaz’s Shira Elias Joins Marc Brownstein’s Star Kitchen In Fairfield [Audio]

first_imgAt the first weekend of Electric Forest, the Disco Biscuits’ bassist Marc Brownstein debuted a brand-new side project dubbed Star Kitchen. In November, the relatively new project made its inaugural run with a mini East Coast tour.The band–consisting of Brownstein, guitarist Danny Mayer (Eric Krasno Band), keyboardist Rob Marscher (Addison Groove Project), and drummer Marlon Lewis (Lauryn Hill & John Legend)–played a two-night run over the weekend, as the four-piece first welcomed Pigeons Playing Ping Pong guitarist Jeremy Schon at Baltimore’s 8×10 on Friday night.On Saturday night, the quartet performed at Fairfield, CT’s FTC StageOne, welcoming up Turkuaz vocalist Shira Elias for portions of their two-set show. Star Kitchen opened up the first set with Kool & The Gang’s “Let The Music Take Your Mind”, followed by Bob James’ “Nautilus” and Jimmy Smith’s “Root Down”. The four-piece then charged through a cover of James Brown’s “Soul Power”, before inviting Elias out on vocals to help them close their first set with takes on Stevie Wonder’s “Living For The City” Rufus & Chaka Khan’s “You Got The Love”.Following a brief setbreak, Star Kitchen came back out with Elias to work through funky renditions of J.J. Cale’s “After Midnight”, followed by Sly & The Family Stone’s “Sing A Simple Song”. The band thanked Elias as they hopped back into things as a four-piece, delivering covers of Billy Cobham’s “Red Baron”, The Stylistics’ “People Make The World Go Round”, “Walkin’ Sally”, and a set closing rendition of Grant Green’s “Jan Jan”. A take on Bell Biv Devoe’s “Poison” served as the evening’s encore.Luckily, you can listen to a full-show audio recording of Saturday night’s Star Kitchen show below:Star Kitchen – 1/5/2019 (Full-Show Audio)[Audio: Eric McRoberts]Setlist: Star Kitchen | FTC StageOne | Fairfield, CT | 1/5/2018Set One: Let The Music Take Your Mind, Nautilus -> Root Down -> Soul Power, Living For The City*, You Got The Love*Set Two: After Midnight* -> Sing A Simple Song *, Red Baron, People Make The World Go Round, Walkin’ Sally, Jan JanEncore: Poison* – w/ Shira Eliaslast_img read more

You run promotions on your website, but you’re doing it wrong

first_img 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Derik Krauss Derik is a cofounder of BloomCU, an award-winning website design agency for credit unions. His agency’s design work has received recognition from CUNA (Diamond Award), TheFinancialBrand.com, and others. He … Web: bloomCU.com Details Great example of a personalized call to action, from AcquireConvert.At BloomCU, we set up our clients with personalization software called Persona, which collects data about users interests. Then, in real-time, Persona adapts website content based on a user’s interest. Let’s say a visitor named Carl visits your Mortgages page. Next time Carl visits the homepage, Persona shows Carl more content about home loans. Eventually, you’ll have enough data to not only show Carl personalized content, but to organize your entire userbase into different groups, all with their own data-backed interests and preferences. (You can learn more about personalization software in our previous blog post.)Is there a place for blind promotions?Despite the evils of blind promotions, there is a time and place for them. Instead of being a front-and-center player, blind promotions work better as a last ditch effort. If someone is leaving your site and you know nothing about that user, you can use a blind promotion to say “Come back. We might have something that’s interesting to you.” The most common ways people bounce from credit union websites are (1) through the online banking login and (2) by closing the tab or clicking back in the browser.With that in mind, appropriate places for blind promotions might be: Next to the login (preferably hidden until someone actually clicks a login field)Exit-intent popups (which have the potential to be very annoying if not handled tastefully) Credit unions constantly run promotions on their websites, but they usually do it wrong. Marketers need to tell members about deals, sell them loans, and encourage them to open accounts. However, most credit unions treat promotions like a game of Yahtzee: just roll out a promotion and hope you get a full house. Instead of rolling the dice, a better way to promote is to use strategy and data.All too often, promoting is done without any strategy or data. At BloomCU, we call thoughtless, data-less promotions  “blind promotions” because they are just shots in the dark. Unfortunately, most credit union website designs are dominated by blind promotions. Blind promotions usually come in the form of untargeted ads posted on a homepage. Perhaps you’ve seen a slider that proclaims “Low Rates on Auto Loans!” There’s nothing wrong with promoting low auto loan rates. The problem is promoting auto loan rates to every single person who visits your website when most visitors aren’t interesting in buying a car right now—and aren’t going to buy car right now, no matter how good your rates are.In all but a few cases, blind promotions  are just not a good idea. Instead, there’s a more strategic approach to promoting products on your website. The Logic of Blind PromotionsA blind promotion has three potential outcomes: It will align with a user’s interestsIt will change a user’s interestsIt will create a new interest Let’s take a look at the merit of these three potential outcomes.#1 Blind Promotions that Align with a User’s InterestsAligning with a user’s interests is a good goal, but blind promotions don’t achieve this goal most of the time. Chet Holmes, author of The Ultimate Sales Machine, explains that if you pick one of your products at random, only 3% of your target audience wants to buy it right now, which means the other 97% don’t want it.Let’s say someone comes to your website wanting to sign up for a checking account. When they land on your homepage, they are immediately and aggressively pitched an auto loan. As a result, they may feel uncomfortable and untrusting. A study by consumer data lab Jainrain revealed that 74% of online consumers get frustrated with websites when content (e.g. offers, ads, promotions) appears that has nothing to do with their interests.#2 Blind Promotions that Change Users’ InterestsChanging a user’s interest is an interesting goal. Why would you want to change a user’s intent, especially when you don’t know the user’s intent? If I’m coming to your website to get a mortgage, do you really want me to get an auto loan instead? In line with the well-documented buying decision process, people don’t often change their objectives because they are shown promotions. Users come to your website because they recognize needs in their lives. When a user sees a promotion that does not align with her need, she doesn’t think, “Oh, I should buy a car instead of a house.” No, she thinks, “That auto loan promotion is irrelevant to me,” and she ignores it because a car isn’t a good substitute for a house. (Though, I keep trying to persuade my wife we need to buy a self-driving car before we buy a house. Thus far, she isn’t convinced.)#3 Blind Promotions that Create a New InterestPotential outcome #3, create a new interest, assumes that introducing new promotions will create more demand for more products without getting in the way of a user’s original intent. By that logic, you should never try to align promotions with users’ interests because that would be a wasted opportunity. Instead, the best approach would be to show a new promotion to a user on every visit because every new promotion would create demand for a new product. In your experience, does that approach make sense? Not really, because people have limited bandwidth—they can do and think about a limited number of things at once. So, you’re best off helping a member get the one thing she’s interested in right now rather than trying to get her to sign up all at once for an auto loan, an IRA, a Platinum Credit Card, an Ultimate Checking Account, a personal loan, and a safe deposit box.Blind promotions resemble adsSource: Sarah’s ScribblesAnother reason to be cautious about using blind promotions is that they resemble ads (in fact, they are ads)—and people hate ads. The more traditionally “ad-like” the promotion, the more people are likely to shy away from it. According to AdKeeper, 54% of people say they have never clicked on an online ad, because they find them to be untrustworthy. Appearing untrustworthy is dangerous for a financial institution.Furthermore, only 9% of all online ads are viewed for more than one second. There is a part of most people’s brains that shuts off completely when they see an online ad; we have programmed ourselves to ignore them. The propensity to ignore ads is a phenomenon known as banner blindness.A good example of banner blindness, from UAIC. The red and yellow show where people’s eyes linger on the page. What can you do instead of a blind promotion?Rather than making your home page a place for you to tell people what they want, just listen. Help people find what they want and then sell it to them. Here’s how we explained this approach in another article about the buying decision process:When customers walk into your credit union branch, your employees don’t bum-rush them, shouting “DO YOU NEED A HOME LOAN?!?” or “WANNA BUY A CAR?!?” Instead, they probably ask something more like, “How can I help you?” This approach is so easily understood for in-person interactions, but somehow gets lost in credit union website design.The same approach that applies to in-person interactions applies to digital interactions: first, discover what a member is looking for; then, you can do a much better job of helping them. As Stephen Covey, author of The 7 Habits of Highly Effective People, says, “Seek first to understand, then to be understood.”How to do you “listen” through a credit union website design? Your home page should be simply designed and ridiculously easy to navigate. If your navigation system is well-organized, users will tell you what they want by navigating.You might also consider smart technology, like a chatbot that can guide users to specific products. We have built chatbots for a couple of credit union websites and they’ve proven to be quite effective at generating engagement. The overall key is to listen to what a user wants first, and then pitch. Once they land on your auto loans page, that’s a perfect time to sell them on your personal service and competitive loan rates. Chatbots like Sensay can help users find what they’re most interested in. If you listen and deliver a personalized experience, you’ll have even greater success. A study by MyBuy found that 40% of consumers buy more from retailers who offer personalized experiences through their marketing channels. In another study, HubSpot found that calls-to-action targeted at specific users had a 42% higher view-to-submission rate than calls-to-action that were the same for all site visitors.center_img Exit Popups, like the example above, may be an acceptable way to run a blind promotion, if done tastefully. Find more examples at MaxTraffic. Blind promotions can be useful when shown at the right time and in the right place, but remember: personalized promotions are always better. If you use your credit union website design to listen to what a user really wants, and deliver it to them, they are far more likely to take action. last_img read more

Making Google personal: Google search trends

first_img continue reading » “Who was that one guy who was in that movie that one time?”“How do you convert miles to kilometers?”“Who was the 23rd president of the United States?”These are all questions that may have come up at some time or another in your life. These are all questions you may have turned to Google to answer.More and more, people aren’t just asking Google about factual responses. Instead, they’re asking personal questions and expecting personalized results in return. For example, “What should I have for dinner?” has become increasingly popular. In general, searches asking “___ should I ____” have gone up 80% in just two years.*Some quick facts regarding Google searches:Google handles around 2 trillion searches per year**Of those, 15% are inquiries that have never been asked before 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

NCUA board finalizes corp. CU rule, issues derivatives proposal

first_img This post is currently collecting data… The NCUA board finalized its corporate credit union rule and proposed a new rule on derivatives at its Thursday meeting. Detailed coverage of the meeting can be found on CUNA’s Removing Barriers Blog.The corporate credit union final rule amends updates, clarifies, and simplifies several provisions of the corporate credit union regulation.These include:Permitting a corporate credit union to make a minimal investment in a CUSO without the CUSO being classified as a corporate CUSO under the NCUA’s rules;Expanding the categories of senior staff positions at member credit unions eligible to serve on a corporate credit union’s board; and This is placeholder text continue reading »center_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more