Sea Breeze 2014 planning conference was held in Odesa, Ukraine. The event was attended by Deputy Chief of General Staff of Armed Forces of Ukraine Lieutenant General Volodymyr Khyzhy, Leader of the U.S. Delegation U.S. Navy Capt. 1st Rank John Mosher and Leader of the Ukrainian Working Group of the Ukrainian Navy Capt. 1st Rank Igor Terekhin, and representatives of other invited countries.Lieutenant General Volodymyr Khyzhy stressed how the experience of planning and conducting peacekeeping exercises contributed much to the peacekeeping and the stability in various regions of the world, as well as navigation security in the crisis areas. ”The International Sea Breeze exercises are important and large-scale. I guess their topic meets the current problems of the Ukrainian Navy, modern challenges and threats, these exercises induce security and stability process in the Black Sea area,” noted Lieutenant General Volodymyr Khyzhy.Leader of the Ukrainian Working Group of the Ukrainian Navy Capt. 1st Rank Igor Terekhin informed that this time actions of counter-mining forces will be worked out. “Considering the experience of previous Sea Breeze, I’m sure that joint sea, air, land cooperation contributes much to the enhancement of the professional level of the Ukrainian Navy servicemen,” mentioned Capt. 1st Rank Igor Terekhin. November 14, 2013 Back to overview,Home naval-today Ukraine Hosts Sea Breeze 2014 Planning Conference Share this article [mappress]Press Release, November 14, 2013; Image: Ukrainian MoD Authorities Ukraine Hosts Sea Breeze 2014 Planning Conference
Keeping credit card rates and fees low is a priority for most card-issuing credit unions. To do this, however, card teams have to have a rock-solid and highly effective collections and recovery process. While it’s true charge-off rates are the lowest we’ve seen since 1985, this may soon change. That’s because consumers continue to rack up credit card debt, to the tune of nearly $16 billion in the third quarter of 2014 alone, a 35-percent increase as compared to the same time period in 2013.Fortunately, the increased accessibility of data analytics is propelling more credit unions forward in the pursuit of sustainable collection strategies that produce real results. What follows are three areas of the collection and recovery process credit unions can improve through the use of analytics.Collections ProcessAnalytics can be used to help a credit union set triggers to aid in the collections process. By monitoring accounts in a specialized, scientific manner, card teams can more easily – and in some ways, automatically – identify early indicators of accounts likely to default. Usage and payment patterns, when analyzed properly, allow the credit union to execute hardship plans that are much more meaningful for the struggling member. After all, it’s much easier for people to take steps to improve their financial situations before they are in full crisis mode.Hardship Plans Hardship plans allow credit unions to reach out to account holders with action ideas. In many cases, the result is a win-win, as the credit union recovers the remaining balance on delinquent accounts and the cardholder avoids the often staggering fees and interest charges normally associated with an account going into collections. (Lest we forget, there is also a sizable cost to the credit union for using a collections agency.)Of course, hardship plans are most effective when tailored to the cardholder in question. For instance, whereas one cardholder may respond best to a traditional repayment plan, another may require the account to be closed to new purchases to avoid temptation and additional debt. Another may require the account closed only to certain purchases. Conversations are one way to determine this; data analytics and predictive modeling are another, arguably more effective, way to get to the same customized set of plans for a group of delinquent accounts.Contact StrategiesAnother way to further improve the collection and recovery process is to begin with an overhaul of the current methods that are used to contact delinquent account holders. Credit unions should first assess the contact rate of all strategies to create a “map” of the entire process. A successful assessment will include analysis of the total number of different ways contact is attempted, the rate of success for each of these methods and the total staff requirement necessary for each one. Optimum staff requirement for each contact strategy is a metric that will be based on the average amount of time team members need to, for example, initiate an email, make a follow up call, etc.Alternate MethodsThe largest benefit to data analytics is the ability to get to the “Now what?” Credit unions who apply analytics to their collections process should keep an open mind, as alternate strategies may provide cost-savings while delivering more results.Credit unions, with the help of an outside analytics expert if necessary, should first build analytical models to help prioritize accounts with the highest chances of curing. Metrics gathered over even a small window of time can be used to predict which accounts will self-cure. Right here you have potentially huge savings, as these accounts will no longer require staff attention. The second part of the process becomes studying accounts to identify the point at which certain collection strategies are no longer profitable. Strategies are then altered based on that information.For those accounts that need attention, analyzing the data to determine the right contact strategy is a critical step to overhauling any credit union’s collections and recovery plans. The idea, of course, is to determine when a more cost-effective contact method will yield the same (or even better) result as a more expensive channel. If an email will eventually serve the same purpose as a phone call, there is no need to initiate that pricey call strategy. The same methods can be applied to settlement offers and the specifics inside custom hardship plans, as well as to the timing of both. Why spend more if less is more effective, and when is the right time to contact the cardholder?Recovery and collections is painful for both parties. But with the right set of analytical and predictive modeling tools, your members can experience less embarrassment and a much faster turn-around. The skies are sunny now, but as Americans continue to add to their credit card balances, that rainy day is just around the corner. Nothing inspires loyalty quite like helping someone recover from a financial crisis. Establishing a dignified, personalized recovery and collections process is the first step toward helping more members manage their way out of trouble. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Karan Bhalla Karan Bhalla is the CEO of CU Rise Analytics and who has almost two decades of financial services and data analytics experience. CU Rise Analytics is a global CUSO helping … Web: https://www.cu-rise.com Details
In the premises of USD Bosna, a press conference was held on the occasion of success of Larisa Ceric and winning the second place at the Grand Prix Antalya.Last weekend, as part of the World Judo Tour, a great Grand Prix Antalya 2017 was held, including 34 countries and 252 competitors from around the world.Best BH. Sportswoman Larisa Ceric, certified her world class by winning a silver medal on this globally important competition.In the final match, only current champion of Europe Kara Sayit was better than Larisa. However, Larisa was more successful in the eighth finals from the representative Tajpeija Sun Pei Yu, and won Lithuanian Sante Pakenyte.In this way, Larisa has won new 490 points for the World ranking list, which helped her to strengthen the sixth place on world ranking list, making her the best-ranked athlete of Bosnia and Herzegovina on the world ranking lists in all sports in BiH.(Source: klix)
Wellington Police notes for Friday, June 13 to Sunday, June 15, 2014:Â Friday, June 13, 2014â€¢10:17 a.m. Patricia J. Zeka, 59, Wellington was issued a notice to appear charged with speeding 40 mph in a 30 mph zone.â€¢11:45 a.m. Zachary R. Avina, 23, Wellington was issued a notice to appear for dog at large.â€¢2:15 p.m. Officers investigated a theft of gasoline by unknown suspect(s) in the 1400 block E. 16th, Wellington.â€¢4:15 p.m. Steven J. Meisel, 47, Wellington was arrested, charged and confined with two counts of possession of child pornography and one count of distribution of child pornography.â€¢5:28 p.m. Bobby L. Altis, 18, Wellington was served a summons to appear for theft.â€¢5:50 p.m. Non-Injury accident in the 800 block E. Harvey, Wellington involving a vehicle operated by Ashley V. Haines, 28, Wellington and a parked and unoccupied vehicle owned by Javier O. Zavala, Wellington.â€¢6:02 p.m. Ashley V Haines, 28, Wellington was issued a notice to appear for inattentive driving.â€¢7:39 p.m. Officers investigated a theft of a minibike in the 300 block S. H, Wellington.â€¢9:40 p.m. Tara L. Henton, 24, Wellington was issued a notice to appear for defective headlight. Sunday, June 15, 2014â€¢11:49 a.m. Officers took a report of suspicious activity in the 300 block S. Cherry, Wellington.â€¢10:37 p.m. Officers took a report of an animal bite of a known owner in the 400 block W. Lincoln, Wellington.â€¢10:59 p.m. Officers investigated criminal damage to property by a known suspect(s) in the 800 block N. Woodlawn, Wellington. Saturday, June 14, 2014â€¢9:29 a.m. Rodney D. Byers, 63, Wellington was issued a notice to appear for speeding 46 mph in a 30 mph zone. (radar)â€¢9:53 a.m. Kyle R. Dunn, 24, Wellington was served a summons to appear for theft.â€¢9:53 a.m. Samantha K. Dunn, 21, Wellington was served a summons to appear for theft.â€¢9:59 a.m. Bobby L. Altis, 18, Wellington was served a summons to appear for theft.â€¢11:44 a.m. Juvenile male, 17, Wellington was issued a notice to appear for speeding 47 mph in a 30 mph zone (radar) and no proof of insurance.â€¢12:26 p.m. John M. Cousins, 25, Haysville, was arrested, charged and bonded with driving while license is suspended, no trailer brake lights and no proof of insurance.â€¢2:35 p.m. Angie L. Haile, 39, Weatherford, Texas was issued a notice to appear for illegal registration and speeding 56 mph in a 45 mph zone.â€¢6:30 p.m. Officers investigated expired registration and unlawful riding on a vehicle in the 1100 block E. 16th, Wellington.â€¢6:30 p.m. Chad M. Roberts, 30, Tulsa, Okla. was issued a notice to appear for expired registration and unlawful riding on a vehicle.â€¢8:18 p.m. Carl E. Row, 25, Wellington was arrested, charged and bonded with no insurance and failure to signal.â€¢11:28 p.m. Rebecca E. Livingston, 41, Wellington was arrested, charged and confined with possession of stimulant and possession of drug paraphernalia.â€¢11:28 p.m. Rebecca E. Livingston, 41, Wellington was arrested on a Sumner County Bench Warrant for probation violation.