Alternative data in lending is here to stay

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr If your credit union is using only traditional underwriting methods, chances are that you’re limiting your lending potential.  The use of alternative data in underwriting opens credit avenues for members and small businesses that otherwise might have been closed to them.  Alternative data is here to stay, and lenders who do not have a strategy in place to utilize this powerful tool will be left behind. Download our white paper, written by Velocity Solutions CEO Christopher Leonard, to learn how you can expand your lending and reduce charge offs using alternative data. Download white paper now.last_img read more

Pennsylvania Department of Health allows parents to have ‘learning pods’ for school year

first_imgHARRISBURG, PA (WBNG) — Pennsylvania parents have the option for working families to have educational group sessions with other families in their community. “They are responsible for making sure their getting the continuity of education activities with their parents,” Campanini said. “Sharing the information that they are striving for.” Campanini also mentioned about six to twelve students are allowed to participate in a learning pod. DHS has a “hands-off” approach with the program but are checking to make sure each pod has a health and safety plan. The pod application process is a quick, two-paged application. Parents need to fill out an attestation attesting to a proper health and safety plan. Tracey Campanini, deputy secretary of the Office of Child Development, says the local school districts are responsible for checking on the student’s academic performance. These are known as “learning pods” and there are 51 pods in the state, currently. last_img read more

We researched how global and Croatian hotels are preparing for the “new normal”

first_imgThe Covid pandemic19 hit the tourism sector hardest. We can only count on the recovery when the vaccine is found, and it will certainly take 2-3 years, if not longer, to return to the current global tourism trends. One thing is for sure – tourism will be different and will go through three phases. The Croatian Tourism Association (HUT), which brings together leading hoteliers, including UPUHH, has already sent its proposals to the Ministry of Tourism, which will forward them to the CNIPH and the National Civil Protection Headquarters for consideration. Hilton, on the other hand, will remove pen and paper from the rooms, and will supplement them with digital devices that will be available on request, will place wipes at the elevator, so that guests can clean the call button each time, as well as unlock rooms via mobile phone via smart locks. We are pleased with the positive signals about the possibility of opening the borders of our emitting markets, as well as the image of Croatia as a “crown free” destination recognized by the media and our partners in EU markets, Zenzerovic points out and adds that everyone in the sector every tourist day. ”Everyone in the sector is aware that this season will be marked by a struggle for every tourist day. Our common goal should be how to ensure maximum safety for guests and employees in these specific conditions, but at the same time to provide guests with a positive experience and a pleasant holiday, given that this is the foundation of tourism.” Marriott has established a global cleanliness council to combat the hotel-level COVID-19 pandemic and further enhance the company’s efforts in the area. “I hope that in this way we will help the competent services of the Republic of Croatia, which must formally adopt a framework in which hotel operations will be organized, and we hereby invite them to do so as soon as possible so that everyone is ready to receive guests as soon as possible.” Learn more about Marriott security protocols HERE Side dish: SG Clean – Singapore Licensed Hotels Singapore was the first to introduce concrete measures for hotels, using SG Clean certification On the other hand, we can certainly look at the measures introduced by world players – Marriott and Hilton. In the prologue we bring the official protocol documents for hotels. Marriott is introducing electrostatic sprays to disinfect surfaces throughout the hotel. Otherwise, electrostatic spraying technology uses the highest classification of disinfectants recommended by the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) for the treatment of known pathogens. In addition, the company is testing ultraviolet light technology to disinfect guest keys and devices shared by associates. But let’s turn to the current year, which is also the topic of the article. As we know, the Government of the Republic of Croatia has made a decision that in the third phase of easing the measures (May 11), the operation of catering facilities in accommodation facilities will be allowed, but only for accommodation users. Interestingly, formally hotels do not have a work ban, but of course in a situation where tourism has stopped and everyone is in self-isolation, it is logical that hotels are closed because they have no one to be open to. Checklist for SG Clean Program – Singapore Licensed Hotels When it comes to the reception, there should be no major changes, except for keeping a distance, but you can certainly digitize the whole process through a self-check in – that the guest does not need to log in through the reception and can unlock the room with a mobile phone or hotel application. A new recategorization of the hotel, as well as all other standards, will follow. We can predict, speculate and get some frameworks, but at the moment no one still knows for sure exactly how and how hotels will work in the future and the new categorization. Marriott’s global cleanliness council is focused on developing the next level of global cleanliness standards in hospitality, norms and behaviors designed to minimize risk and increase safety for both consumers and Marriott associates, he points out. Arne Sorenson, President and CEO, Marriott International and adds: “We are grateful for the trust that our guests have shown us over the years. We want our guests to understand what we are doing today and planning in the near future in the areas of cleanliness, hygiene and social distance, so that when they walk through the door of one of our hotels, they know our commitment because health and safety is our priority. It is equally important to us that our associates know the changes we are making to preserve our health while serving our guests” What is currently most important is certainly to bring recommendations and measures from the General Staff as soon as possible, so that tourism entrepreneurs, both hoteliers and all other accommodation providers and catering facilities, can prepare for the coming period as soon as possible and better. In the first phase, at least until the vaccine is found, there will be tourism that contradicts itself – full of various restrictions, avoiding crowds and hats, and without contact and interaction with the hosts. Hilton CleanStay protocol “Access to guests will certainly change this season and adapt to new circumstances. Maximum sanitary standards and the necessary social distance will have to be ensured in all business segments. In coordination with its members, other national hotel organizations from Europe and colleagues from professional associations in Croatia, we have developed proposals for adapting operating procedures to the new situation.”Zenzerovic points out. Also Marriott and Hilton agreed to work with the Mayo clinic for all hotel facilities in America. Learn more about the Hilton CleanStay protocol HERE Thus, the hotel must implement the “SG clean” program, which states, among other things, that it is necessary to ensure the process of measuring body temperature and monitoring COVID-19 symptoms in employees, have a ready procedure for resolving COVID-19 cases in case of infection, ensure a safe distance between at least one meter of tables and between seats. Marriott’s food safety program includes improved sanitation guidelines and training videos for all operating associates that include hygiene and disinfection procedures. In addition, the company is changing its operating practices for in-room dining and devising new approaches to buffets. Source: Hilton Some of the main challenges will certainly be the functioning of the restaurant. The buffet is certainly no longer an option, and significant changes are expected in this field. The question arises as to what measures and how the use of hotel pools will work, which is one of the critical places, ie where all guests bathe in one place. Also, deck chairs as well as beaches will definitely need to be disinfected. Some of the critical places are also fitness halls, elevators, congress halls, stair handrails… But what all the measures will be, you still need to see the instructions of epidemiologists. Bernard Zenzerović, UPUHH: Everyone in the sector is aware that this season will be marked by a struggle for every tourist day And in several stages. The first phase is until a vaccine or cure is found, the second phase will be recovery, and after a few years, tourism will stabilize or return to the “old” branches, but I hope with new sustainable and healthy foundations – smarter, more sustainable, healthier and more humane tourism. Or tourism 2.0 – whatever that means. While waiting for the decisions and recommendations of the General Staff for the tourism sector, I talked to Bernard Zenzerović from the Association of Employers in the Hotel Industry of Croatia (UPUHH) on the topic of how hoteliers see functioning in this challenging age and what are their proposals to the General Staff.last_img read more

Aguero: City aren’t out of it yet

first_img Van Gaal came in for criticism at the start of the campaign after winning just three of his opening 11 matches in all competitions. Radamel Falcao was one of many new signings to struggle under the Dutchman. Seven months after signing the Colombian on a deadline-day loan deal from Monaco, he has scored just four goals for the club. Aguero remains a fan of the former Porto and Atletico Madrid forward, though. Aguero said: “They have a number of very talented strikers. The one who in his career has been the most predatory is Falcao. “He isn’t having an easy time this season, but I really admire his commitment and his class and qualities are permanent. “He is probably one of the most naturally-gifted strikers in football at the moment.” Aguero has also struggled in front of goal recently, failing to find the net in the last five league games. However, he has scored six times against United and is aiming to add to that tally this weekend. “I always love to score, but of course it is even more special to score in the big games,” he said. “If you score against United at Old Trafford it almost give you shivers, because you can feel the tense atmosphere with most of the stadium being really quiet, but the away end going crazy. “At home at it is different, when the City supporters are really loud in these games, it sometimes gives me goose bumps when they sing my name.” City go into the derby at Old Trafford in fourth place, one point behind their neighbours after a 2-1 defeat at Crystal Palace on Monday. Manuel Pellegrini’s team are nine points behind Chelsea, who have a match in hand against bottom side Leicester, but Aguero knows better than most that City are not averse to an 11th-hour comeback. The Argentinian scored a 94th minute winner to wrest the title from United’s grasp in 2012 and he is not giving up on the top prize again just yet. “Of course we can still win it,” the City striker told Sky Sports News. “In football, anything can happen – as soon as you think something is certain, then everything changes, we have seen it so many times before and we’ll see it again. “We only focus on ourselves, try to win every game we play and keep pressure on Chelsea.” Pellegrini’s team were level with Chelsea on New Year’s Day, but the Blues have pulled away recently after City lost three of their last five league games. United, in contrast, have won their last five matches, and Aguero is wary of the threat Louis van Gaal’s team will pose at Old Trafford. He added: “They are a team with a lot of great individual players, who can form an incredible unit when they work well together. But this season that has not always been the case. “Some matches they don’t seem to play at the maximum, with the attacking qualities that they have in the team. But then in other games, they have really shown that those qualities, so they are a bit unpredictable. We know we will have to be at our very best to beat them – there’s no doubt about that.” Sergio Aguero wants to put pressure on Premier League leaders Chelsea by claiming victory in the Manchester derby on Sunday. Press Associationlast_img read more