Archives: oioiyzvto

Haws scores 30 points, leads BYU over Portland State 85-66

May 8, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_imgDecember 12, 2018 /Sports News – Local Haws scores 30 points, leads BYU over Portland State 85-66 Written by FacebookTwitterLinkedInEmailPROVO, Utah (AP) — TJ Haws made five 3-pointers and scored a career-high 30 points to lead BYU to an 85-66 victory over Portland State on Wednesday night.BYU (8-4) has won two straight since snapping a three-game skid. Portland State (5-4) has lost two of its last four games.Haws was 9 of 15 from the floor and had five assists. Yoeli Childs added 13 points, and Zac Seljaas and Connor Harding 11 apiece for the Cougars. Nick Emery scored five points in 24 minutes in his third game of the season.Derek Brown scored 14 points and Sal Nuhu had 12 for Portland State.Rylan Bergersen’s dunk sparked a 16-0 run as BYU closed the first half on a 23-11 run for a 45-32 advantage. Haws scored 10 points during the stretch.Portland State cut the deficit to 55-48 with 12:50 to play, but Haws answered with back-to-back 3s and the Vikings didn’t get closer. Associated Press Tags: BYU Cougars Basketball/TJ Hawslast_img read more

Tags: , , , , , , , , , , , , , ,

Money laundering: SmartSearch says estate agency is its fastest growing client sector

May 7, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_imgThe pioneering anti-money laundering (AML) firm, SmartSearch has told The Negotiator that its estate agency client numbers have doubled in the past two years.The firm, which increased its overall client numbers by 45% in the first five months of 2019, has just enjoyed its best month ever – in June alone, it achieved sales of £1.1million and signed up 93 new clients.Martin Cheek, MD, SmartSearch, says there are several factors, but the HMRC clampdown on estate agencies has been a key driver.He said, “Recent fines – most significantly the £215,000 fine handed to Countrywide – and the fact that HMRC made surprise visits earlier this year to 50 other estate agents suspected of failing to comply with AML regulations – showed the estate agency sector that there will be serious consequences for anyone found not to be taking their money laundering obligations seriously enough.“A large proportion of the estate agents that have come to us in the past two years is as a result of this increased pressure on estate agents to comply or face the consequences.”The ‘go-to’ AML service for estate agenciesLaunched in 2011, SmartSearch is the only organisation in the UK with the ability to verify individuals and UK and International companies in a single platform with full Sanction, PEP and adverse media screening and then ongoing monitoring.Martin added, “Whether estate agents are unsure of their obligations, don’t have the resources to meet them or simply don’t think AML matters, the end result is the same; they are not compliant –that leaves them vulnerable and liable. Our platform offers a full-service solution that ensures estate agents are fully compliant with the latest Money Laundering Regulations and remain compliant with any future changes in the legislation.”Old clients, new clientsThe SmartSearch search removes the need for time-consuming, expensive and unreliable manual checks – and offers a retro service so that estate agents can upload their current and past client base within 24hrs to ensure all record-keeping is up to date.Wilkinson Grant has been working with SmartSearch since 2016; its Compliance Manager Lynne Zendram said, “As estate agents are now considered by HMRC to be ‘front line’ when it comes to Money Laundering checks, we take this responsibility seriously and have been using SmartSearch for the past 12 months. The ongoing monitoring of such checks is also important.“The service we receive from SmartSearch is excellent – from initial training to ongoing support – a far better system, level of service and support than our previous supplier of electronic AML checking! I have no hesitation in recommending SmartSearch for AML/PEP checking.”Alisa Monro, Deputy MLRO associate at estate agency Douglas & Gordon added, “We have been using SmartSearch for three years – it has revolutionised the way we operate this as a company!“The system is easy to use and the guidelines are clear. It is very user-friendly and so everyone in the company can use it with ease.”Martin added, “We work hard to ensure the system works well for them, including launching SmartAML which enables estate agents to carry out checks via their smartphones when in a client’s property, making it quick and easy to stay compliant.”To book a free demo, visit www.smartsearch.com SmartAML money laundering martin cheek anti money laundering Sheila Manchester Smartsearch Douglas & Gordon Wilkinson Grant July 23, 2019The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Money laundering: SmartSearch says estate agency is its fastest growing client sector previous nextRegulation & LawMoney laundering: SmartSearch says estate agency is its fastest growing client sectorUnder the threat of huge fines from HMRC, agents are using all means to comply with stringent anti-money laundering regulations.Sheila Manchester23rd July 20190810 Viewslast_img read more

Tags: , , , , , , , , , , , , , ,

Charity Commission orders mediation between Christ Church Governing Body and Dean

May 3, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_imgThe Commission confirmed it will not comment until the mediation has been completed. It has also asked both sides not to comment publicly or privately whilst the mediation process takes place. In a press release published on June 25th, the Commission voiced its concern “that the very protracted and public dispute between the College’s governing body and its Dean is damaging to the reputation of the charity, and affecting its ability to govern itself.“  The Charity Commission has ordered the Christ Church Governing Body and Dean to enter into a mediation process without delay. This follows the most recent escalation of a 2017 dispute surrounding the Very Rev Prof Martyn Percy’s pay and his efforts to reform the college’s governance. A letter to the Commission last month, signed by 41 out of 65 members of the college’s Governing Body, called for the Commission to help remove the Dean from the board of trustees. The Governing Body’s academics stated that Percy had “hampered the day to-day-day operations of the institution” and that he was “not fit to remain a trustee”. One week later, a second letter to the Commission, signed by Percy’s supporters, including senior Church of England figures, stated: “Martyn Percy is a victim of gross injustice and malice. We wish to see this damaging business resolved justly, and with the minimum delay“.  The conflict originally arose in 2017, when Percy complained that his salary was below the median for Oxford heads of college. He was subsequently suspended after a formal complaint by the Governing Body accused him of behaviour of “immoral, scandalous or disgraceful nature”. Under Christ Church’s statutes, this wording is required to justify dismissing a Dean. Helen Stephenson, Charity Commission Chief Executive was quoted in the Commission’s press release: “It is not our job, as charity regulator, to referee disputes. […] In these exceptional circumstances, we have told the parties to the dispute to enter mediation, without which it is difficult to resolve issues in the charity in any reasonable timescale.“ A university spokesperson told Cherwell: “Issues relating to the current dispute with the Dean, as with any college matter, are the responsibility of Christ Church and its governing body.” According to Percy’s supporters, his efforts to reform the management of the college and revise its pay structures led the Governing Body to suspend the Dean. Sir Andrew Smith, a retired high court judge who was hired by the college to chair an internal tribunal, subsequently dismissed the complaint and ordered Percy’s reinstatement. Percy has since launched an ongoing employment tribunal against the college, claiming he has been bullied and victimised by its Governing Body. The Charity Commission regulates registered charities and answers directly to the UK parliament. Its website lists all accounts submitted by charities in England and Wales. It also carries out general monitoring of charities and has powers to conduct statutory as well as regulatory compliance investigations. Following the Charity Commission’s press release, Christ Church College published a statement on their website: “The ongoing dispute between Christ Church and the Dean has undoubtedly gone on for far too long. Its impact on Christ Church’s daily life, its staff, students, teaching and research, all risk being affected without the prospect of a resolution. We were therefore delighted to learn at our meeting with the Charity Commission today that it has now agreed to intervene.” The College further states: “We hope that the Dean responds quickly and positively to the Commission’s announcement and we look forward to attending the mediation it is facilitating as soon as possible.“ Image credit to Mike Peel.last_img read more

Tags: , , , , , , , , , , ,

Crouch Announces 17 Communities To Receive $10M

May 3, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_imgThe Town of Prince’s Lakes is awarded $700,000 for drinking water system improvements. This project installs 11,450 linear feet of pipe, 12 system isolation valves, four tapping valves/sleeves to connect to an existing pipe, 1,060 linear feet of granular backfill and 1,060 lineal feet of pavement replacement for road restoration. It also includes the construction of a 400,000-gallon elevated water storage tan, supervisory control and a data acquisition system.   Jefferson County is awarded $500,000 to replace the fire station used by the Deputy Volunteer Fire Department that was destroyed by fire in December 2018. The project builds an 8,254 square foot station with four bays, training and community rooms to meet the current and future needs of the community.   Lt. Governor Suzanne Crouch along with the Indiana Office of Community and Rural Affairs announced that 17 rural Hoosier communities receive more than $10.5 million in federal grant funding. “These collaborations between federal, state and local partners are improving the lives of Hoosiers across the state and strengthening community pride,” Crouch said. “ I applaud this round’s local leadership for their commitment to bettering their communities, as well as their tremendous use of partnerships to address a challenge.” The Town of Windfall is awarded $700,000 for wastewater system improvements. This project completes improvements to include the rehabilitation of Windfall’s wastewater treatment and collection facilities. The Town of Centerville is awarded $700,000 for drinking water system improvements. This project installs 7,110 linear feet of water main line, replaces 2,060 linear feet of lead service lines, installs 12 new fire hydrants and 412 automatic reading water meters to address systems issues and resident safety.  The  Main Street Revitalization Program encourages communities with eligible populations to focus on long-term community development efforts. Eligible applicants have a designated active Indiana Main Street group in their community, and the project must be a part of the Main Street’s overall strategy. Main Street Revitalization Program projects include streetscapes, facade renovations and downtown infrastructure rehabilitation.  The Town of Montezuma is awarded $700,000 for wastewater system improvements. This project installs a new chemical feed building and equipment for the implementation of a phosphorus removal process and modifications to existing processes, and installs control system and remote monitoring equipment to improve the collection system.  The City of Kirklin is awarded $600,000 for a downtown streetscape project. This project installs new sidewalks, curbing, street lighting, and other improvements to create an attractive and walkable downtown. The state of Indiana distributes Community Development Block Grant funds to rural communities to assist units of local government with various community projects such as: infrastructure improvement, downtown revitalization, public facilities and economic development.  The Town of Westport is awarded $700,000 for wastewater system improvements. This project replaces the packaged water treatment plant, replacement of intake, lake, clear well and high service pumps and improves the distribution system by connecting to Decatur County Rural Water.  The second round of the 2019 CDBG program begins on August 19, 2019, with proposals due on October 4, at 4 p.m. ET and final applications due November 22, at 4 p.m. ET.   The City of Connersville is awarded $600,000 for stormwater improvements. This project installs 2,710 linear feet of drainage, ten sewer manholes, 2,250 linear feet of curbs and grades as well as 500 linear feet of ditches in two areas of the city to address sewer overflows.  The City of Mount Vernon is awarded $700,000 for drinking water system improvements. This project replaces 4,500 linear feet of existing 133-year old cast iron water mains between Main Street and Wolflin Street and on Wolflin Street between W. 8th Street and W. 4th Street.  The goals of the Wastewater Drinking Water Program are to protect the health and environment, reduce utility rates for low-to-moderate income communities and improve rural infrastructure to enable long-term economic growth. Eligible Wastewater Drinking Water Program projects include many aspects of wastewater improvements and drinking water system improvements.  The Town of Lakeville is awarded $500,000 to renovate a 1930’s barn into a community center. The project creates a 4,500 square foot facility that can accommodate up to 200 people for a variety of community and social programs and events.    The Town of Hope is awarded $428,360 for a downtown streetscape project. This project removes blighted conditions around the town square by replacing existing streetlamps, adding accessible sidewalks and other improvements that tie the interior and exterior of the square together.   The City of Kendallville is awarded $600,000 for a downtown streetscape project. This project replaces sidewalks, curbs, and lights along three downtown blocks to eliminate blight, improve safety and enrich the overall quality of life within the community.   For more information about these programs, contact Eric Ogle, CDBG Program Director.  Clay County is awarded $495,000 to construct a new fire station for the Center Point & Community Volunteer Fire Company. The project builds a 5,200 square foot station with four bays, a training room, a clean-up room and equipment storage.   The Town of Rockville is awarded $700,000 for drinking water system improvements. This project rehabilitates critical sewer segments to protect the residents from sanitary sewer overflows and backups into resident’s homes and prevent sinkholes and road failures due to failures in the aging, buried infrastructure.  The goals of the Public Facilities Program are to improve the quality of place, generate jobs and spur economic revitalization through improving community facilities or historic preservation projects. Eligible community facilities include fire stations, community centers, daycares, libraries, museums, senior centers and performance spaces.   The Town of North Salem is awarded $700,000 for drinking water system improvements. This project installs new transmission mains, a new water treatment plant, an elevated tank and pump improvements. The old water tower and treatment plant will be demolished.  The Town of Kingsford Heights is awarded $600,000 for wastewater system improvements. This project installs a new submersible pump station and a screening building along with new clarifier equipment and improvements to the wastewater system.  The Stormwater Improvement Program strives to reduce flooding, to cut stormwater treatment and energy costs, to protect rivers, lakes and vital landscape, and to generate jobs and spur economic revitalization. Types of activities that are eligible for this grant funding include stormwater improvements, as well as demolition and/or clearance.  The Town of Andrews is awarded $600,000 for stormwater improvements. This project installs 1,650 linear feet of drainage, nine inlets, and seven utility holes along Mckeever Street from the intersection with Jackson Street to Loon Creek, to address residential flooding.   “We’re thrilled to support such a diverse array of projects in cities and towns throughout rural Indiana,” said Jodi Golden, Executive Director of OCRA. “Communities with reliable infrastructure are positioned for growth and an improved quality of life.”  Funding for OCRA’s CDBG programs comes from the U.S. Department of Housing and Urban Development’s Community Development Block Grant program and is administered for the State of Indiana by OCRA.  FacebookTwitterCopy LinkEmailSharelast_img read more

Tags: , , , , , , , , , , ,

Federal Disaster Declaration Will Help Ocean City Recoup Storm Costs

May 2, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_imgFlood waters still cover most bayside streets on Sunday morning. Flood waters covered most bayside streets.By Donald Wittkowski Ocean City will be eligible to recover most of its cleanup costs from January’s coastal storm Jonas following a federal disaster declaration issued Tuesday by President Barack Obama. The declaration means that the federal government will reimburse Ocean City up to 75 percent of its $70,500 in overtime costs from the powerful Jan 22-23 nor’easter, town spokesman Doug Bergen said. Although the vast majority of the costs were for cleanup work from extensive tidal flooding, the city may also be eligible for federal aid for some minor damage to the dunes near Fifth Street in the north end of town, Bergen noted. The storm left many streets underwater between West Avenue and the bay, along virtually the entire length of the island from First Street to 59th Street, Bergen said. Flood waters recorded at the Ocean City Bayside Center reached a peak of 8.46 feet above mean low water, the highest level since Hurricane Sandy in 2012. Sandy inundated the island with flooding that reached 10.2 feet above mean low water. Most of the city’s overtime costs were for flooding cleanup by the Public Works Department. The police and fire departments also had storm-related overtime costs, Bergen said. The city will now have to submit paperwork to receive the federal aid. “There’s all kinds of paperwork. Generally, it is a lengthy process,” Bergen said. “It’s not quick.”last_img read more

Tags: , , , , , , , , , , ,

In the BB archives

April 21, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_imgWe have our labour troubles with bakers in this country, but they never become very acute. Parisian bakers, on the other hand, enjoy a reputation for being exceedingly restive and they threaten a strike every three months. It is not long since we chronicled the agitation in Paris against the labour bureau. This time the grievance is in connection with a weekly holiday. Nothing would strike terror into the hearts of a large bread-consuming population more than the certainty that they might wake some morning and find the whole town breadless. This is the desire which the Parisian bakers nourish, but they are unable to carry it into effect, owing to the resources which the government enjoy in having the military bakers ready to take their place.last_img

Tags: , , , , , , , , , , ,

Derek Hough on Spring Spectacular, Fun & Being Single

January 18, 2021 | By admin | No Comments | Filed in: oioiyzvto.

first_img View Comments 3. Hough’s Single But Not Ready to Mingle “I have to be single,” says Hough—and getting together with his co-stars is now off limits. “It literally feels like you are breaking up with somebody every time, and it can be heartbreaking. It’s better not to get [romantically] involved.” 4. The Perfect Broadway Role? Although he’s no longer a practicing Mormon, Hough doesn’t drink alcohol or coffee when he’s working on a show. He’s also starred in the West End in Footloose. All of which has got us dreamcasting him in a certain show at the Eugene O’Neill… Related Shows Five-time Dancing with the Stars winner Derek Hough is a busy man, currently working two jobs on two coasts. He is starring alongside Tony winner Laura Benanti in the Rockettes’ New York Spring Spectacular at Radio City Music Hall, while appearing on DWTS’ 20th season in Los Angeles. Hough recently sat down with the New York Post and we discovered all sorts of delicious tidbits about the bi-coastal heartthrob and his projects. 5. Hough’s Definition of Fun Hough’s definition of fun is as impressive as his trophy collection. “I thought: ‘Wouldn’t it be fun if I did Dancing With the Stars on my days off?’” How does he manage it? “I say that I’m living on ‘NET’ time, as in No Extra Time.” Spring Spectacular runs at Radio City through May 3; DWTS airs on ABC on Mondays at 8/7C.center_img 1. Spectacular is Different to Broadway “What’s so wonderful is that it’s not a Broadway show,” says Hough. “It’s not a play, it’s a spectacular.” He goes on to describe the piece as “more theatrical, magical and whimsical than anything I’ve ever seen before.” New York Spring Spectacular 2. April Showers Happen Inside 70 feet of water falls on Radio City Music Hall’s stage while Hough sashays through puddles to “Singin’ in the Rain.” His Gene Kelly moment comes complete with 36 umbrella-twirling Rockettes. Show Closed This production ended its run on Aug. 7, 2016last_img read more

Tags: , , , , , , , , , , ,

Editorial: Propping Up U.S. Coal

December 31, 2020 | By admin | No Comments | Filed in: oioiyzvto.

first_imgEditorial: Propping Up U.S. Coal FacebookTwitterLinkedInEmailPrint分享New York Times:The fate of this boondoggle rests with the Federal Energy Regulatory Commission, an independent regulator that is not bound to do what the administration wants. Its five commissioners — three Republicans and two Democrats — ought to think carefully before casting their votes. Mr. Perry’s proposal could add around $11 billion a year to the cost of electricity, depending on how the rule is interpreted, according to four separate research reports. Yet it would do little to improve the electrical grid. That’s because less than one-hundredth of 1 percent of power failures between 2012 and 2016 were caused by fuel supply emergencies, according to the Rhodium Group, a research firm.Regrettably, facts do not seem to matter to Mr. Perry, who famously called for the elimination of the Energy Department without understanding what it does. He has used a number of disingenuous arguments to justify his cockamamie proposal, including suggesting that it would have helped the grid deal with emergencies like the 2014 polar vortex, when frigid winds slammed the Northeast. In fact, the grid worked reasonably well then thanks to wind turbines and demand response, the system where grid operators ask big electricity users to temporarily use less juice. By contrast, some coal-fired power plants were unable to generate electricity because their coal piles froze and their equipment malfunctioned in subfreezing temperatures.This proposal has been so poorly thought out that it has made odd bedfellows of groups that are often on opposing sides of big policy debates. The oil and gas industry, for instance, has teamed up with renewable energy and environmental groups to fight it. Eight former FERC commissioners from both parties have sent a letter opposing the plan, arguing that it “would be a significant step backward from the commission’s long and bipartisan evolution to transparent, open, competitive wholesale markets.”If the Trump administration were truly concerned about reliability and resilience, it would have taken time to study the issue and identify the grid’s weakest links. It would have found that many power failures are caused when hurricanes and other severe weather knock out transmission lines and other equipment. During Hurricane Harvey in Texas, where Mr. Perry was once governor, coal-fired power plants had to switch to natural gas because their fuel became too wet to be moved.There is no question the government needs to think about and prepare for more blackouts. Most scientists expect an increase in severe weather events because of climate change, which Mr. Trump has described as a “hoax.” But it is doing the country no favors by using electrical reliability as a ruse to prop up its favored fossil fuel and stick ratepayers with the bill.More: The Trump Administration’s Coal Bailoutlast_img read more

Tags: , , , , , , , , , , ,

Proposed board actions

December 19, 2020 | By admin | No Comments | Filed in: oioiyzvto.

first_imgProposed board actions March 15, 2006 Regular News Proposed board actions Pursuant to Standing Board Policy 1.60, the Board of Governors of The Florida Bar hereby publishes this notice of intent to consider or take final action at its April 7 meeting in Coral Gables on the following items. These matters are additionally governed by Rule 1-12.1, Rules Regulating The Florida Bar, where applicable.Most amendments to the Rules Regulating The Florida Bar that are finally acted upon by the board must still be formally presented to the Supreme Court of Florida, with further notice and opportunity to be heard, before they are officially approved and become effective.To receive a full copy of the text of any of these proposed amendments call (850) 561-5751. Reference any requested proposal by its title or item number and date of this publication. RULES REGULATING THE FLORIDA BAR Chapter 1 General Subchapter 1-3 Membership 1. Rule 1-3.7 Reinstatement to Membership. Amends subdivision (a) to include all types of delinquency. Subchapter 1-7 Membership Fees and Fiscal Control 2. Rule 1-7.5 Retired, Resigned, Inactive, Delinquent Members Summary: Deletes “resigned” members from text that lists those members who shall not practice law until reinstated; revises title likewise. Chapter 14 Grievance Mediation and Fee Arbitration Subchapter 14-4 Institution of Proceedings 3. Rule 14-4.1 Arbitration Proceedings Summary: Amends subdivisions (a) and (b), and adds new subdivisions (c), (d), (e) and (f) to conform procedures for the institution of bar fee arbitration with the procedures applicable to grievance mediation. STANDING BOARD POLICIES 1500 Series – Lawyer Regulation Policies 4. Standing Board Policy 15.45 Policy in Bankruptcy Proceedings Summary: The proposed policy presents direction from the board to staff as to what actions should be undertaken in various bankruptcy proceedings to protect the bar’s ability to collect disciplinary costs. 5. Standing Board Policy 15.76 Policy on Review of Grievance Committee Action by Designated Reviewers Summary: New policy, setting forth allowable actions and guidelines for a designated reviewer in reviewing grievance committee action; specifies timeframes and available materials for such review and the form in which it must be requested. 1600 Series Unlicensed Practice of Law 6. SBP 16.24 Undercover Investigations in Unlicensed Practice of Law Cases Summary: New policy – consistent with newly revised rule 4-8.4(c) – to set forth guidelines for conducting undercover investigations in unlicensed practice of law cases. BYLAWS 7. Administrative Law Section Bylaws Summary: Within Article I, adds title (Description) and creates new Section 3 (Aspirational Goal) regarding a balanced executive council membership of both government attorneys and private practitioners; within Article II, Section 3 (Membership – Annual Dues) deletes $25 cap on dues; within Article III, Section 4 (Officers – Election of Officers) revises nominations process, to require nominations by a nominating committee of the executive council rather than the full council; within Article IV (Executive Council) deletes duplicative provision in Section 1 (Governing Body) regarding council meetings, and creates new Section 5 (Duties) regarding council member participation in section, Florida Bar, or other sections’ activities; within Article V (Meetings) adds new title and provisions within Section 1 (Meetings of the Membership) and new Section 2 (Meetings of the Executive Council) specifying revised procedures for calling and conducting both regular and special meetings of the section and executive council, including new quorum and absence provisions for executive council meetings; within Article VI (Committees) revises descriptions of various standing committees, adds new Law School Outreach and Nominating Committees, and allows for establishment of ad hoc committees by the chair; includes other non-substantive edits and revises existing subdivision entries as necessary.last_img read more

Tags: , , , , , , , , , , ,

Is anyone winning the mobile wallet wars?

December 18, 2020 | By admin | No Comments | Filed in: oioiyzvto.

first_img 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Brandon Kuehl Brandon Kuehl is manager of product development for payments processor TMG. He is responsible for product development from ideation through rollout. Brandon’s keen knowledge of payment processing and the community … Web: www.tmg.global Details Consumer awareness of mobile payments is on the rise, largely due to the heavy publicity surrounding the launches of Apple Pay, Samsung Pay and Android Pay. More than 50 percent of consumers say they are “extremely aware” of the mobile payment options available to them, an increase of 9 percentage points from 2014. Although awareness may be on the rise, usage rates of mobile wallets remain low.Recent research shows few smart-phone owners with the necessary operating systems for mobile wallets have actually utilized them. Only 6 percent of iPhone 6 and iPhone 5 users have tried Apple Pay (iPhone 5 can be used with Apple Watch for Apple Pay). Meanwhile, 4 percent of Samsung users have tried Samsung Pay and a paltry 1 percent of Android users have tested Android Pay.Of those consumers who have used a mobile wallet option, only a fraction use them consistently. Three percent of iOS users make purchases with Apple Pay regularly, meaning weekly or at least twice a month. Only 2 percent of Android users report regular usage of Android Pay or Samsung Pay.These low usage rates do not necessarily indicate a forthcoming swan song for mobile payments, however. They may, in fact, just be the calm before a surge in adoption. Already, some experts are predicting that the launch of Chase Pay will encourage financial institutions without their own wallets to promote Apple Pay, Android Pay and Samsung Pay. This could potentially double the user count for these mobile wallets in the next 12 months.To further drive adoption, Samsung and Android have introduced new features in their mobile wallets. Samsung Pay now allows users to load and redeem gift cards, as well as make online purchases. Android Pay has integrated loyalty and rewards programs, allowing consumers to link email offers to transactions and receive location-based notifications for reward redemption. These features, among others, may be the helpful nudge some consumers need to hop on the mobile payments bandwagon.Although usage rates for mobile payments remain low, there is still a good chance these solutions will appeal to mainstream consumers. Samsung Pay and Android Pay have already begun to implement new features, including location-based notifications and gift card redemption capabilities, to drive adoption. These efforts and Chase Pay’s launch could be the catalysts toward a new era of payments.last_img read more

Tags: , , , , , , , , , , ,