Share to Twitter Share to Linkedin Should Zelle be used for retail payment? It already is! There is a pressure in a number of markets to look at the use of account-to-account (A2A) payments for retail transactions, bypassing traditional card payments by allowing payments to go directly from consumer bank accounts to retailer and service provider bank accounts. In the US, for example, stakeholders are beginning to look at whether to extend Zelle in this direction. Zelle continues to grow strongly (Bank of America BAC customers made more Zelle transactions than wrote paper checks for the first time ever last year) and it is therefore no surprise that discussions are heating up. (According to the Wall Street Journal , Wells Fargo WFC and Bank of America are in favour of expanding into retail while JPMorgan is not convinced the time is right.) Zelle is already used for retail payments, of course, but not in America. While Americans PayPal PYPL … [Read more...] about What The Zelle Is Going On?
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Share to Twitter Share to Linkedin Topline One of Edgar Degas’ iconic “Little Dancer” sculptures broke the artist’s auction record Thursday when it sold for $41.6 million from the collection of the late Anne Bass, the former wife of an oil billionaire who championed American ballet. Key Facts “La Petite Danseuse de quatorze ans,” or “Little Dancer of fourteen years,” is a bronze cast of the only sculpture that Degas ever exhibited in his lifetime, based on a young ballerina named Marie van Goethem who was studying ballet in Paris. Thursday’s winning bid for the sculpture—which sold at Christie’s—surpassed the previous record price for a Degas work at auction, which was last set in 2015 when another “Little Dancer” bronze sold for $24.8 million . The record-breaking bronze last belonged to Bass, a longtime patron of the New York City Ballet and the onetime wife of Texas oil billionaire Sid Bass , who is worth $3.5 billion according to … [Read more...] about Degas’ ‘Little Dancer’ Fetches Record-Breaking $41.6 Million In Auction Of Late Ballet Patron’s Art Collection
Share to Twitter Share to Linkedin The process of transitioning between mobile app ecosystems can be excruciating. In many cases, these ecosystems were explicitly designed to limit interoperability and portability. Messaging services are one of the greatest challenges along with payments, cloud storage, apps and wearables which also limit user portability between platforms. There are many different mobile ecosystems available today, with varying approaches to user data. Ultimately, Moor Insights & Strategy believes that openness and interoperability enable competition and consumer choice, which drives the industry forward towards better products and consumer experiences. In this brief, the first in a two-part series, we’ll examine the different approaches—how they limit consumer choice and the ability to move freely between ecosystems, and how this affects others. We’ll also explore possible solutions to what we perceive to be the most significant … [Read more...] about A Lack Of Consumer Portability And Choice Are Negatively Affecting The Mobile Experience
Share to Twitter Share to Linkedin Besides prank calls , my college roommate Dave’s greatest passion is looking for bad writing in the Yale Daily News . As America’s Oldest College Daily is the reigning champion of non sequitur conclusions, it’s not an onerous search; the worst (or best) part of YDN articles is usually the last sentence. Here are some recent winners: April 29 article on eugenics in Yale curricula . Last sentence: “The Yale School of Public Health is located on 60 College St.” April 29 report on delay in payment of Yale summer stipend : “The Yale Center for International and Professional Experience is located at 55 Whitney Ave.” November 15, 2021 report on scandal and lawsuit at Yale Law School : “The Yale Law School is located at 127 Wall St.” Don’t fret, because YDN ’s formula for ending articles extends from where all the way to when: April 29 article on rally by Students Unite Now (SUN) group : “SUN was … [Read more...] about Colleges Should Become Full-Stack Writing Institutions
Police officers from the Regional Transportation District walked slowly through Union Station’s underground bus terminal at 8:30 a.m. Thursday, rousing people from sleep. The air smelled of weed and chemicals. The fluorescent lights cast a blue hue on the people inside. The officers gently shook people sleeping slumped on benches or on the floor, one man with a red lighter in his hand. Another man slept sitting upright on a bench designed to deter sleeping, a square of foil in his hand. An officer woke up a man curled in a bike trailer, only his shoes poking out from under the blankets. “Hello?” Officer Stephen Johnson said. “Are you OK?” Eventually, the men stood up, gathered their things and walked away. It’s a scene that plays out daily in Denver’s largest transit hub, where police have made more than 1,200 arrests and citations in the past six months in a concerted effort to curb drug use and stop people without housing from using the public space as a shelter. The … [Read more...] about Union Station was called a “lawless hellhole.” Have 1,200 arrests and citations changed anything?
As sexual harassment revelations continue to rock Hollywood and Washington, many female entrepreneurs in the tech world say similar allegations against men in Silicon Valley are coming down the pike. That's according to a recent New Yorker article by Sheelah Kolhatkar, which also revealed there could be more claims against men who've been identified as alleged harassers. "What they've been publicly named for is the tip of the iceberg," an unnamed female entrepreneur told Kolhatkar in July. The new allegations would add to a growing number of reports that women are regularly harassed or discriminated against in Silicon Valley. In 2015, a survey of 200 senior-level women in Silicon Valley found that 66 percent of participants reported they were excluded from important meetings because of their gender, and 60 percent reported unwanted sexual advantages in the workplace. High-profile discrimination and harassment cases like those of Ellen Pao , a former … [Read more...] about Silicon Valley May Get Rocked With New Allegations of Sexual Harassment and Discrimination
Johnny Depp repeatedly hit Amber Heard in the face during an argument at the couple's penthouse in March 2015, Heard's sister told a jury on Wednesday. The sister, Whitney Henriquez, was called to the stand to corroborate Heard's allegations that Depp repeatedly assaulted her over the course of their four-year relationship. Heard is defending herself from a defamation suit brought by Depp in Fairfax, Va. Henriquez described witnessing a fight in which Depp and Heard were screaming obscenities at each other. Depp ran upstairs toward a mezzanine and hit Henriquez in the back, she said, and then Heard smacked him, saying "Don't hit my fucking sister." Depp's security guard then ran up the stairs. ALSO READ: Amber Heard testifies about Johnny Depp: 'This is a man who tried to kill me' "Johnny had already grabbed Amber by the hair with one hand and was whacking her repeatedly in the face with the other, as I was standing there," Henriquez said. The security guard separated the … [Read more...] about Johnny Depp hit Amber Heard in the face repeatedly, her sister testifies
Law enforcement officials recovered a ‘silencer’ from the scene of Friday’s deadly shooting in Virginia Beach. Several politicians have since called for outright bans on private possession of the devices. Here are key facts about suppressors/silencers. Politicians are calling for a ban on ‘silencers’ after a disgruntled Virginia Beach, Virginia, city employee used one while gunning down 12 co-workers. It was reported that the gunman, DeWayne Craddock, 40, used two .45-caliber handguns equipped with “extended” magazines and one with a suppressor. A supressor, sometimes called a “silencer,” is any device fitted to the end of a gun that lowers its sound output, according to the Bureau of Alcohol, Tobacco, Firearms & Explosives (ATF). Former Secretary of State Hillary Clinton sent a tweet Sunday about suppressors, linking to a Washington Post op-ed that compared the sound of suppressed gunfire to a chair scraping the floor. . @JulietteKayyem makes a … [Read more...] about Politicians Are Calling For A Ban On ‘Silencers.’ Here’s What You Need To Know
President Donald Trump announced Friday plans to nominate Fraternal Order of Police President Chuck Canterbury to head the Bureau of Alcohol, Tobacco, Firearms and Explosives. Canterbur y has been Fraternity Order of Police (FOP) president for 16 years, having previously spent 26 years in the Horry County , South Carolina, Police Department’s patrol, criminal and training divisions, according to the White House statement . “Chuck is one of the most honorable people I’ve ever worked with and if he is selected, I can’t think of a finer person to take the position,” said Jonathan Thompson, executive director of the National Sheriffs’ Association. Thompson made the remarks to POLITICO in Nov. 2018, when Canterbury’s name was first floated for the position. Fraternal Order of Police President, Chuck Canterbury, demands off-duty cops be allowed carry guns at NFL games https://t.co/pwOHP7ZaNu — FOX & friends (@foxandfriends) December 2, 2015 Trump worked closely … [Read more...] about Trump’s ATF Pick: ‘I Take A Back Seat To No One In My Reverence For The 2nd Amendment’
Former President Barack Obama told a crowd in Brazil Thursday that U.S. gun laws “don’t make sense” because people can buy “any weapon, any time.” Obama ‘s remarks came during an interview at VTEX DAY, a conference in Sao Paulo, Brazil , after he was asked to describe his hardest day as president. “The most difficult day that I’ve had was the day that there was a shooting in a school where 20 small children were shot,” he said. “Some of you may be aware, our gun laws in the United States don’t make much sense. Anybody can buy any weapon, any time without much, if any, regulation. They buy it over the internet. They can buy machine guns.” U.S. President Barack Obama wipes away tears as he talks about the victims of the 2012 Sandy Hook Elementary School shooting and about his efforts to increase federal gun control in the East Room of the White House January 5, 2016 in Washington, DC. (Photo by Chip Somodevilla/Getty Images) U.S. Federal firearms laws are stricter than … [Read more...] about Obama Goes To Brazil And Bashes US Gun Laws