Financial Program – SMLXtlarge http://www.smlxtralarge.com/ Sun, 26 Jun 2022 14:16:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.smlxtralarge.com/wp-content/uploads/2021/07/icon-5-150x150.png Financial Program – SMLXtlarge http://www.smlxtralarge.com/ 32 32 Mental health at the forefront of new police wellness program | Delaware News https://www.smlxtralarge.com/mental-health-at-the-forefront-of-new-police-wellness-program-delaware-news/ Sun, 26 Jun 2022 13:01:00 +0000 https://www.smlxtralarge.com/mental-health-at-the-forefront-of-new-police-wellness-program-delaware-news/ By HANNAH EDELMAN, The News Diary NEW CASTLE, Del. (AP) – A class of officers in training at the New Castle County Police Department knelt on mats set up on the gymnasium floor early one morning. “Concentrate on your breathing,” explained Jennifer Boileau. The early morning yoga lesson was part of the new Federal Grant-funded […]]]>

By HANNAH EDELMAN, The News Diary

NEW CASTLE, Del. (AP) – A class of officers in training at the New Castle County Police Department knelt on mats set up on the gymnasium floor early one morning.

“Concentrate on your breathing,” explained Jennifer Boileau.

The early morning yoga lesson was part of the new Federal Grant-funded Holistic Officers Wellness Program aimed at addressing the mental health needs of those serving in the force.

“Officers experience enormous levels of stress… on a daily basis,” said Boileau, a trauma-informed yoga instructor. “Continuous stress takes its toll on the body. It affects the brain. It affects the nervous system. And it affects their overall sense of well-being.

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A 2020 study published in the National Library of Medicine found that 26% of police officers had mental health symptoms, compared to 21% of the general population that year.

However, mental illness often comes with a lot of stigma, especially in the police force. sergeant. Eugene Reid said he hopes this program will change that.

“We realize that by providing resources…we can provide better service to the citizens of New Castle County,” Reid said.

These resources are available “from hire to retirement,” Reid said. Officers-in-training, serving and retired officers, paramedics and 911 dispatchers, and their families, now have access to personal trainers, financial counselors and, of course, trauma-friendly yoga sessions with Boileau.

Prior to the introduction of the Holistic Officer Wellness Program, Reid said officers only had access to certified counselors through the department’s Employee Assistance Program.

Now, Boileau says she’s already seen the benefits of these expanded resources in action. Officers-in-training came to his lessons after ‘very stressful incidents’, but the practice of yoga and meditation has ‘enabled them to feel a much deeper sense of peace and to kind of come back to that base of self. feeling calm and ready for the rest of their day.

Applying these calming techniques in the field can also help officers respond to mental health crises, which are a growing national concern. Legislation proposed in the US Senate to train police in de-escalation tactics also seeks to address the issue.

The New Castle County Police Department said it plans to expand the holistic officer wellness program to officers in training at other facilities when it has the resources – potentially in the form of grants. additional government.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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50th anniversary of the passage of Title IX https://www.smlxtralarge.com/50th-anniversary-of-the-passage-of-title-ix/ Fri, 24 Jun 2022 00:42:00 +0000 https://www.smlxtralarge.com/50th-anniversary-of-the-passage-of-title-ix/ This Day in History: 50th Anniversary of the Adoption of Title IX Updated: 5:42 PM PDT June 23, 2022 Former U.S. President Richard Nixon signed into law Title IX on June 23, 1972. The bill is commonly associated with athletics, but the law is much broader. It prohibits gender discrimination in all university programs and […]]]>

This Day in History: 50th Anniversary of the Adoption of Title IX

Former U.S. President Richard Nixon signed into law Title IX on June 23, 1972. The bill is commonly associated with athletics, but the law is much broader. It prohibits gender discrimination in all university programs and activities, from admissions and recruitment to financial aid, university programs and more. deny the benefits of, or be discriminated against in connection with, any educational program or activity receiving federal financial assistance. “If an institution fails to comply with Title IX, it allows termination of financial assistance from federal funding. Watch the video above for the full story.

Former U.S. President Richard Nixon signed into law Title IX on June 23, 1972.

The bill is usually associated with athletics, but the law is much broader. It prohibits gender discrimination in all university programs and activities, from admissions and recruitment to financial aid, university programs and more.

Title IX states: “No person in the United States shall, because of sex, be excluded from participation in, denied benefits, or discriminated against in connection with any program of education or an activity receiving federal financial assistance.”

If an institution does not follow Title IX, it allows for termination of financial aid from federal funding.

Watch the video above for the full story.

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CULA launches leasing program with UNIFY Financial Credit Union https://www.smlxtralarge.com/cula-launches-leasing-program-with-unify-financial-credit-union/ Wed, 22 Jun 2022 12:05:21 +0000 https://www.smlxtralarge.com/cula-launches-leasing-program-with-unify-financial-credit-union/ Today’s credit unions have a unique opportunity to gain market share with vehicle leasing, while providing an economical alternative to their members who want or need a car in today’s market. CULA is proud to help UNIFY do just that. SAN DIEGO and ALLEN, TX (PRWEB) June 22, 2022 Credit Union Leasing of America […]]]>

Today’s credit unions have a unique opportunity to gain market share with vehicle leasing, while providing an economical alternative to their members who want or need a car in today’s market. CULA is proud to help UNIFY do just that.

Credit Union Leasing of America (CULA) today announced that its partner UNIFY Financial Credit Union (UNIFY) has successfully launched its indirect vehicle leasing program in Southern California. Partnership Expands CULA’s Vehicle Leasing Portfolio in Los Angeles and Orange Counties, While Expanding Access to Leasing Affordability and Flexibility to UNIFY Members in Southern California . CULA and UNIFY plan to expand the program to other states and regions where UNIFY operates.

UNIFY is one of the nation’s leading credit unions, with over $4.2 billion in assets and over 271,000 members nationwide, and is also the official credit union of the Los Angeles Rams, NFL champions in 2022. UNIFY recently became the first credit union to offer cryptocurrency services, allowing its members to buy, sell and hold bitcoin alongside their traditional accounts within its online banking platform.

“We are excited to work with CULA to bring vehicle rentals to our members in the all-important Southern California automotive market. With vehicle prices at record highs, giving our members access to lower payments than rental can offer has never been more important,” said Gordon Howe, CEO of UNIFY. “Meeting the changing needs of our members in today’s economic climate is our first task. Our partnership with a company with a history of 34 years of leadership in the indirect vehicle rental industry gives us every confidence that our members will be very well served.

CULA pioneered indirect vehicle leasing for credit unions with its high-value, analytics-based leasing program and handles the intricacies of leasing for its customers, including analytics, insurance, operations, compliance and more. CULA is a trusted partner to many of the industry’s most innovative credit unions, including nine of the top 10 leasing credit unions in the United States.

“UNIFY is one of the largest and most forward-thinking credit unions in the country, and we are thrilled to add them to our growing list of credit union partners as they continue to seek ways to better serve their members and stay on the cutting edge of financial service,” said Mark Chandler, vice president of business development for CULA. “With the removal of current manufacturers leasing incentives, today’s credit unions hui have a unique opportunity to gain market share with vehicle leasing, while providing an economical alternative to their members who want or need to get into a car in today’s market. We’re proud to help UNIFY do just that.

Chandler noted that by adding UNIFY to its customer list, dealerships in the Southern California area have even more options to offer rental to their customers. “We’ve been inspired by the fact that our credit unions and dealership partners are seeing great results when working with customers who choose to lease.”

CULA has recently experienced dramatic growth working with its credit union partners. In January, the company announced $2 billion in leases in 2021, a single-year record. The company nearly tripled its portfolio in five years to $3.8 billion and currently offers leasing through credit unions in 17 states. More than 30 credit unions are currently active on CULA’s innovative leasing platform.

CULA’s expertise is in vehicle leasing for credit unions and offers a high-value, analytics-driven leasing program backed by exceptional customer service and proven systems, all with the goal of helping credit unions to achieve their financial and membership goals, improve performance and diversify their portfolios.

About UNIFY Financial Credit Union:

UNIFY Financial Credit Union is one of the nation’s leading credit unions, with over $4.2 billion in assets and more than 271,000 members nationwide. UNIFY has branches across the United States and regional offices located in Torrance, California; Las Vegas, Nevada; Mesa, Ariz.; Allen, Texas. Visit UnifyFCU.com for more information.

About Credit Union Leasing of America

Credit Union Leasing of America (CULA) has been the leader in indirect vehicle leasing for credit unions for over 30 years. Founded in 1988, CULA provides premier program support, analytics reporting, compliance assistance, dealer management tools and member services. The CULA Indirect Vehicle Leasing Program enables credit union innovators to diversify their existing loan portfolios, improve performance and expand member services. Visit https://www.cula.com/ to learn more.

Media contacts:

Angela Jacobson, mWEBB Communications, angela(at)mwebbcom(dot)com, (714) 454-8776

Melanie Webber, mWEBB Communications, melanie(at)mwebbcom(dot)com, (949) 307-1723

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Dartmouth eliminates student loans for undergraduates https://www.smlxtralarge.com/dartmouth-eliminates-student-loans-for-undergraduates/ Mon, 20 Jun 2022 18:04:52 +0000 https://www.smlxtralarge.com/dartmouth-eliminates-student-loans-for-undergraduates/ Donating financial aid through The Call to Lead campaign has reinforced Dartmouth’s commitment to making a college education accessible and affordable to the most promising and talented students around the world and from all economic backgrounds. “Thanks to this extraordinary investment from our community, students can prepare for lives of impact with fewer constraints,” says […]]]>

Donating financial aid through The Call to Lead campaign has reinforced Dartmouth’s commitment to making a college education accessible and affordable to the most promising and talented students around the world and from all economic backgrounds.

“Thanks to this extraordinary investment from our community, students can prepare for lives of impact with fewer constraints,” says President Hanlon. “Eliminating loans from financial aid programs will allow Dartmouth undergraduates to pursue their purpose and passion in the widest possible range of career opportunities.”

Two recent donations capped efforts to eliminate student debt through the campaign. In May, Anne Kubik ’87, a member of the President’s Commission on Financial Aid and an early supporter of the initiative, added $10 million to an earlier pledge to bring the effort closer to reality. An anonymous donor then committed $25 million to complete the campaign, establishing one of the largest scholarship endowments in Dartmouth history.

“Our gratitude for these extraordinary acts of generosity knows no bounds,” said President Hanlon.

“Both donors have told me of their enthusiasm for ensuring that more applicants can pursue an education at Dartmouth without worrying about their financial means.”

– President Philip J. Hanlon ’77

Currently, Dartmouth undergraduates from families with annual incomes of $125,000 or less and with typical assets are offered need-based aid with no loan component required. Dartmouth now waives the loan requirement for undergraduate students from families with annual incomes over $125,000 who receive need-based financial aid. This will reduce the debt burden of hundreds of middle-income Dartmouth students and their families by an average of $22,000 over four years. This will in turn open up opportunities for recent graduates to consider career opportunities or advanced degrees that they might not otherwise have been able to pursue.

More than 65 families have supported the campaign’s goal of eliminating loan requirements from Dartmouth’s undergraduate financial aid scholarships, committing more than $80 million in donations to the endowment.

“This gift honors Dartmouth’s tradition of service,” says Kubik.

“Over the years, I’ve been fortunate to serve alongside alumni who dedicate hundreds of hours to making Dartmouth stronger for future students. The presidential commission embodied the best of this altruism of the elders. Dartmouth is more welcoming than ever because of it.

-Anne Kubik ’87

Successful applicants to the Class of 2027 will be the first undergraduate students to enroll through this historic investment in Dartmouth’s endowment.

Over the past week, members of the Dartmouth community have rallied to pledge an additional $5 million to eliminate required loans in financial aid scholarships for all current AB students, many of whom have seen their university experience disrupted by the global pandemic. President Hanlon thanked several families for their commitment to extending the no-loan policy to current students: Dana Banga and Angad Banga ’06; Leslie Davis Dahl ’85 and Robert Dahl; Katherine Dunleavy and Keith Dunleavy ’91; Karen Frank and James Frank ’65 (in honor of Peggy Epstein Tanner ’79); Julie McColl-McKenna ’89 and David McKenna ’89; Hadley Mullin ’96 and Daniel Kalafatas ’96; Robin Bryson Reynolds ’91 and Jake Reynolds ’90; and Victoria Ershova and Mike Triplett ’96.

“Dartmouth’s commitment to meeting 100% of demonstrated need for all students is longstanding and a source of pride,” says Lee Coffin, Vice Provost, Admissions and Dean of Admissions and Financial Aid. “These new policies reinforce this deep and enduring commitment to full and equal access to an education in Dartmouth. Expanding scholarships by removing loans from all aid programs further levels the playing field as we invite students from all socio-economic backgrounds to join the Dartmouth community.

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South Plains Financial, Inc. A https://www.smlxtralarge.com/south-plains-financial-inc-a/ Sat, 18 Jun 2022 21:14:54 +0000 https://www.smlxtralarge.com/south-plains-financial-inc-a/ LUBBOCK, Texas, May 19, 2022 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (SPFI, Financial) (“South Plains” or the “Company”), today announced that the Company’s Board of Directors (the “Board”) has approved a new share buyback program of up to $15.0 million dollars of outstanding common shares of the Company. (the “new share repurchase program”), commencing […]]]>

LUBBOCK, Texas, May 19, 2022 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (SPFI, Financial) (“South Plains” or the “Company”), today announced that the Company’s Board of Directors (the “Board”) has approved a new share buyback program of up to $15.0 million dollars of outstanding common shares of the Company. (the “new share repurchase program”), commencing on the date on which the existing share repurchase program expires due to the exhaustion of the funds previously allocated to it by the board of directors (the “expiring share buyback program”) and ending on May 21, 2023, subject to early termination or extension of the new share buyback program by the Board of Directors. The expiring stock repurchase program, originally announced on Nov. 1, 2021, has approximately $1.6 million of remaining funds previously allocated by the board of directors to repurchase common stock of the company.

Under the new share repurchase program, the Company may repurchase common shares from time to time through open market purchases or over-the-counter transactions. Any open market redemptions will be made in accordance with the limitations set forth in Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and other applicable legal requirements. Repurchases under the new share repurchase program may also be made pursuant to a Rule 10b5-1 trading plan under the Exchange Act, which would allow shares to be repurchased when the company could otherwise be prevented from doing so due to a self-imposed trading ban. periods or other regulatory restrictions. The extent to which the Company repurchases its shares and the timing of such repurchases will depend on a variety of factors, including the performance of the Company’s share price, general market and economic conditions, regulatory requirements, the availability funds and other relevant factors. considerations, as determined by the Company. The Company may, at its discretion, begin or end buybacks at any time before the expiration of the new share buyback program, without notice.

About South Plains Financial, Inc.

South Plains is the bank holding company of City Bank, a Texas state chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas with additional banking operations in the Dallas, El Paso, Greater Houston, Permian Basin and College Station, Texas markets and at the Ruidoso, New Mexico market. South Plains offers a wide range of commercial and consumer financial services to small and medium businesses and individuals in its market areas. Its main business activities include commercial and retail banking, as well as insurance, investment, trust and mortgage services. Please visit https://www.spfi.bank for more information.

Information available

The Company regularly publishes important information for investors on its website (under www.spfi.bank and, more specifically, under the News & Events tab at www.spfi.bank/news-events/press-releases ). The Company intends to use its website as a means to disclose material nonpublic information and to comply with its disclosure obligations under Fair Disclosure (FD) regulations promulgated by the United States Securities and Exchange Commission. States (the “SEC”). Accordingly, investors should monitor the Company’s website, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

Information contained on or accessible through the Company’s website is not incorporated by reference into, and does not form part of, this document.

Forward-looking statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect South Plains’ current beliefs regarding future events. Any statements regarding South Plains’ expectations, beliefs, plans, predictions, forecasts, goals, assumptions, or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made using words or phrases such as “anticipate”, “believe”, “may”, “could”, “may”, “predict”, “potential”, “should”, “shall”, “estimate”, “plan”, “projects”, “continue”, “in progress”, “expect”, “intend” and similar words or expressions. South Plains cautions that the forward-looking statements contained in this press release are based in large part on South Plains’ expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors that are, in many cases, beyond South Plains control. Factors that could cause such changes include, but are not limited to, general economic conditions, the extent of the impact of the COVID-19 pandemic (and any current or future variants thereof) on our customers, changes in interest rates, regulatory considerations, opportunities for competition and market expansion, changes in non-interest expenses or in the expected benefits of such expenses, and changes in applicable laws and regulations. Additional information regarding such risks and uncertainties to which South Plains’ future business and financial performance is subject is contained in South Plains’ most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC. , and others document South Plains’ filings with the SEC from time to time. South Plains urges readers of this press release to review the “Risk factors” section of our most recent Annual Report on Form 10-K, as well as the “Risk factors» other documents that South Plains files or provides to the SEC from time to time, which are available at the SEC’s website, www.sec.gov. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements due to additional risks and uncertainties of which South Plains is not currently aware or that it does not currently believe to be , but in the future could become material to its business or results of operations. Due to these and other possible risks and uncertainties, the Company cannot guarantee that the results contemplated in the forward-looking statements will occur and readers are cautioned not to place undue reliance on the forward-looking statements contained in this press release. All forward-looking statements set forth herein are made only as of the date of this press release, and South Plains undertakes no obligation to update or revise any forward-looking statements to reflect changes in assumptions, new information, the occurrence of unforeseen events, or otherwise, except as required by law. All forward-looking statements, express or implied, included in the press release are qualified in their entirety by this cautionary statement.

Source: South Plains Financial, Inc.

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Mazepay granted a payment license | PYMNTS.com https://www.smlxtralarge.com/mazepay-granted-a-payment-license-pymnts-com/ Thu, 16 Jun 2022 15:39:11 +0000 https://www.smlxtralarge.com/mazepay-granted-a-payment-license-pymnts-com/ Financial software platform Mazepay announced on Thursday (June 16th) that it has obtained a pan-European payments license from the Danish Financial Supervisory Authority, giving it the ability to streamline B2B purchasing and expand this type of payment in the EMEA region. . This decision became official on May 24, according to Mazepay’s press release. “After […]]]>

Financial software platform Mazepay announced on Thursday (June 16th) that it has obtained a pan-European payments license from the Danish Financial Supervisory Authority, giving it the ability to streamline B2B purchasing and expand this type of payment in the EMEA region. .

This decision became official on May 24, according to Mazepay’s press release.

“After a lengthy and excessive application and registration process, the DFSA granted us a Pan-European Payments Institute license, allowing it to handle transactions on behalf of businesses to directly pay vendor invoices,” the company said. company in the press release.

The license allows Mazepay to manage customer funds and supplier relationships and pay bills directly in 27 countries in the region.

“When companies integrate and maintain long-tail providers within their own complex legacy systems, the costs and resources needed to operate increase exponentially as complexity increases,” said Søren Aabel Hammer, CEO of Mazepay. , in the press release. This is exactly the problem we solve at Mazepay.

Mazepay manages the vendor onboarding workflow through its vendor management solution, which connects to the company’s invoice management platform and ensures that all transactions are conducted with trusted parties.

Related: Hello Pay launches business solutions package for SMEs in the EMEA region

Last week, Hello Pay launched a new turnkey suite of business solutions for small and medium-sized enterprises (SMEs) and entrepreneurs that will enable growth, reduce costs and increase their financial access.

Hello Pay’s SoftPOS offering allows users to process payments, access daily automatic reconciliation, and activate and control multiple devices with one account. Hello Pay also launched its Business Solution to enhance its SME offering, giving merchants access to loans, business cover, armed response and more.

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NEW PYMNTS DATA: THE CUSTOM PURCHASING EXPERIENCE STUDY – MAY 2022

About: PYMNTS’ survey of 2,094 consumers for The Tailored Shopping Experience report, a collaboration with Elastic Path, shows where merchants are succeeding and where they need to up their game to deliver a personalized shopping experience.

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Forescout Expands Channel Program with New Managed Service Provider Partner Offering https://www.smlxtralarge.com/forescout-expands-channel-program-with-new-managed-service-provider-partner-offering/ Tue, 14 Jun 2022 10:05:32 +0000 https://www.smlxtralarge.com/forescout-expands-channel-program-with-new-managed-service-provider-partner-offering/ This section is Partnership Content Provided The content in this section is provided by Business Wire for the purpose of issuing press releases on behalf of its customers. Postmedia has not reviewed the content. by BusinessWire Breadcrumb Links PMN press releases Business Wire Press Releases Author of the article: Publication date : June 14, 2022 […]]]>

Content of the article

  • On-demand licensing, consumption billing, specialized resources, and robust training will optimize service delivery and accelerate customer support

SAN JOSE, Calif. – Forescout Technologies, the leader in automated cybersecurity, today announced the expansion of its Envision Channel program, launching a new Managed Service Provider (MSP) partnership program to support customers with improved technical and professional service capabilities.

Designed to provide Forescout’s most experienced and technically proficient partners with new flexible licensing options, consumption billing and specialized resources, the MSP program extension enhances the deployment and support experience for customers belonging to partners. Forescout partners, such as BT and Accenture, have been instrumental in improving the program to meet the growing security challenges of their global customers.

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Kevin Brown, Chief Security Officer at BT, said: “Cybersecurity is a priority for our customers, who all want to ensure they have the best protections for their most critical assets. BT has partnered with Forescout for several years, and we have over 50 Forescout-accredited technical professionals supporting customer deployments worldwide. This new program enhancement aligns with our customers’ demand for faster, more integrated solutions that address the changing threat landscape and deliver their opportunities.

“Forescout’s channel program has been central to our company’s business journey. Our channel partners have helped countless companies around the world gain greater visibility into their cyber assets to quickly mitigate critical risks,” said Keith Weatherford, vice president of global channel sales at Forescout. “The changing digital terrain is creating new demand for activating Forescout’s services and capabilities, so these new initiatives will provide a seamless set of training and enablement resources to support them on this path.”

“We view this program as a tremendous extension of the value we deliver to clients in partnership with Forescout,” said Jamie Bass, managing director, Security, Accenture. “Enabling an organization to more easily leverage Forescout’s advanced network visibility capabilities as a service supported by our global delivery team reduces the need to hire and train a company’s own team. organization to deploy and run the solution.”

The Forescout Envision Channel now includes:

  • Partner Program for Managed Services and Service Delivery: Exclusively for partners who have demonstrated a high level of technical expertise and proficiency while deploying and supporting the Forescout platform. It provides highly qualified partners with flexible licensing and billing options in exchange for owning the customer support experience
  • Updated Partner Portal and New Forescout Academy Platform: Quick access to learning resources and rich digital assets to demonstrate and be recognized for technical proficiency on the Forescout platform and wide range of capabilities.
  • Extending the Partner Learning Journey: As part of the new direction of the Envision Channel program, Forescout has developed an accredited engineer course for technical partner personnel to be introduced to the Forescout Continuum platform. Additionally, he created the Forescout Forerunner program which rewards partners who accelerate onboarding and service delivery for customers’ end users.

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With its new accreditations for partner engineers and technical support and its new managed services program, Forescout recognizes and rewards its global ecosystem of partners for creating new revenue opportunities and recognizing the added value they bring to the success of the company.

To learn more about Forescout’s Envision Channel program, visit: https://www.forescout.com/resources/managed-service-provider-partner-program-overview/

About Forescout

Forescout Technologies, Inc. delivers digital field cybersecurity automation, maintaining continuous alignment of customers’ security frameworks with their digital realities, including all types of assets. The Forescout Continuum Platform provides 100% asset visibility, continuous compliance, network segmentation, and a solid foundation for Zero Trust. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to deliver automated cybersecurity at scale. Forescout provides customers with data-driven intelligence to accurately detect risk and quickly remediate cyber threats without disrupting critical business assets. www.forescout.com

Manage cyber risk, together.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220614005091/en/

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rebecca.cradick@forescout.com

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Saudi government-owned tourism fund launches $80m program to finance tourism SMEs https://www.smlxtralarge.com/saudi-government-owned-tourism-fund-launches-80m-program-to-finance-tourism-smes/ Sun, 12 Jun 2022 16:15:50 +0000 https://www.smlxtralarge.com/saudi-government-owned-tourism-fund-launches-80m-program-to-finance-tourism-smes/ DOHA: QatarEnergy on Sunday signed a partnership agreement with TotalEnergies for the North Field East expansion of the world’s largest liquefied natural gas project. Its managing director said other partners would be announced in the coming days. The Gulf State is partnering with international energy companies in the first and largest phase of a nearly […]]]>

DOHA: QatarEnergy on Sunday signed a partnership agreement with TotalEnergies for the North Field East expansion of the world’s largest liquefied natural gas project.

Its managing director said other partners would be announced in the coming days.

The Gulf State is partnering with international energy companies in the first and largest phase of a nearly $30 billion expansion of the North Field project.

Saad Al-Kaabi, who is also Qatar’s minister of state for energy, said the partner selection process was finalized and subsequent signings could be announced as early as next week.

No company will have a higher stake than TotalEnergies, he added. TotalEnergies chief executive Patrick Pouyanne said the company will have 25% of a train – or liquefaction and purification facility – under the project.

North Field’s expansion plan includes six LNG trains that will increase Qatar’s liquefaction capacity from 77 million tonnes per year to 126 mtpa by 2027.

The oil majors have bid for four trains of the North Field East extension, with the other two trains forming part of a second phase, North Field South.

Al-Kaabi said Qatar has a unified approach, where the four trains are seen as one unit. TotalEnergies’ 25% stake in a virtual train gives it about 6.25% of all four trains.

“We had announced that we were no longer investing in any new projects in Russia, so signing this project in Qatar is important for us,” Pouyanne said.

Al-Kaabi said that once the investments are completed, Asian buyers are expected to make up half of the project’s market and European buyers the rest.

Exxon Mobil Corp., Shell, ConocoPhillips and Eni will also participate in the North Field expansion, sources said.

The project will strengthen Qatar’s position as the world’s top LNG exporter and help secure a long-term supply of gas to Europe as the continent seeks alternatives to Russian flows, people familiar with the matter said.

Major oil and gas producers are eager to secure a stake in the project, but Qatar’s strategy has been to raise the bar of what it expects from potential partners.

QatarEnergy waited nearly five years to sign partnership agreements and said it has abundant capital to self-finance the project.

Total, Exxon, Shell, Italy’s Eni and Chevron have offered Qatar Energy opportunities to invest in valuable assets they hold overseas.

The move helped QatarEnergy transform into a significant international player, with stakes in petrochemical facilities and oil blocks around the world, from South Africa to Suriname.

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Wolf administration highlights $200 million Nellie Bly scholarship plan to make college affordable and build workforce in needed fields https://www.smlxtralarge.com/wolf-administration-highlights-200-million-nellie-bly-scholarship-plan-to-make-college-affordable-and-build-workforce-in-needed-fields/ Fri, 10 Jun 2022 18:04:23 +0000 https://www.smlxtralarge.com/wolf-administration-highlights-200-million-nellie-bly-scholarship-plan-to-make-college-affordable-and-build-workforce-in-needed-fields/ The Wolf administration joined educators and students at Reading Area Community College (RACC) in highlighting Governor Tom Wolf’s plan for a new scholarship program to make college education more accessible to thousands of students. and to build a pool of essential professionals in the fields of health. and education. Through his $200 million Nellie Bly […]]]>

The Wolf administration joined educators and students at Reading Area Community College (RACC) in highlighting Governor Tom Wolf’s plan for a new scholarship program to make college education more accessible to thousands of students. and to build a pool of essential professionals in the fields of health. and education.

Through his $200 million Nellie Bly proposal, Governor Wolf hopes to provide scholarships to students attending a community college or higher education institution in the PA state system. The program would prioritize students pursuing degrees with high labor needs, such as teachers, mental health counselors, school nurses, and psychologists.

“Students in Pennsylvania are already forced into debt to get a college degree,” said Acting Education Secretary Eric Hagarty. “This scholarship program will help make college a little more affordable for Pennsylvanians. And it will help set our entire community on the path to a better future.

The Nellie Bly Scholarship Program – proposed to be funded by both the US Federal Bailout Act and the Race Horse Development Trust Fund – would cover student tuition and participation costs relevant, with a focus on students pursuing programs where the Commonwealth’s workforce needs are greatest – health, education and the civil service. The focus on health care would increase the number of future workers in fields particularly affected by the COVID-19 pandemic, such as acute care, long-term care, behavioral health and home care.

Students taking advantage of the program must remain in Pennsylvania to live and work for the same number of years that they received the scholarship.

Hagarty was joined by lawmakers and members of the RACC community, including RACC President Dr. Susan Looney.

“The Nellie Bly Scholarship Program is of particular importance to Berks County students because it will help them build strong, successful lives in their communities, rather than leaving them struggling to pay student loan bills. , often working two to three jobs to make ends meet for themselves and their families,” Looney said.

“Many of our students struggle to meet the financial needs to attend college. In turn, they land a job, drop out of extracurricular activities, or fail to complete their education. Under no circumstances should a person’s educational ambitions be discouraged simply by the price of tuition,” said State Senator Judy Schwank. “The Nellie Bly Scholarship Program would make a big investment in Pennsylvania students and demonstrate that we believe in our public system schools. It really is a worthwhile investment in the future leaders of the Commonwealth.

As Pennsylvania continues to move forward after the COVID-19 pandemic, Nellie Bly’s proposal would remove barriers to affordable education while stabilizing Pennsylvania’s future workforce, as graduates would be required to maintain their roots in Pennsylvania for work and life or pay off college tuition with a low-interest loan.

“For far too many Pennsylvania students, aspiring to pursue a post-secondary education means being anchored by a pile of student debt. Nellie Bly’s proposal is intended to ease that financial burden and encourage people to pursue their dream careers, while simultaneously ensuring the vitality of Pennsylvania’s workforce,” said the state representative, Manuel Guzman. “It would be a win-win scenario for our students, our workforce and our higher education institutions.”

This $200 million program builds on Governor Wolf’s prioritization and education funding legacy to ensure students have every opportunity to be ready for college, career and community.

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As Universal School Meals Program comes to an end, Biden considers other ways to get food to school kids https://www.smlxtralarge.com/as-universal-school-meals-program-comes-to-an-end-biden-considers-other-ways-to-get-food-to-school-kids/ Thu, 09 Jun 2022 01:35:32 +0000 https://www.smlxtralarge.com/as-universal-school-meals-program-comes-to-an-end-biden-considers-other-ways-to-get-food-to-school-kids/ “The USDA is considering all the tools at its disposal to ease the burden the pandemic has caused on school districts, but the magnitude of this problem requires congressional action,” a department spokesperson said in a statement. “School districts and American families need help, and Congress can provide that help.” Biden officials are scrambling to […]]]>

“The USDA is considering all the tools at its disposal to ease the burden the pandemic has caused on school districts, but the magnitude of this problem requires congressional action,” a department spokesperson said in a statement. “School districts and American families need help, and Congress can provide that help.”

Biden officials are scrambling to find even a small amount of money for school lunches, after Congress failed to expand the current universal school lunch waivers it approved in the first months of Covid-19. These waivers not only allowed schools to provide free meals to every student, regardless of income, reducing red tape, but they also allowed school officials to purchase any food available for school meals, regardless of federal nutritional requirements and without financial penalty. Waivers, however, expire on June 30. And administration officials acknowledge the impact will be huge, even if they release about $1 billion more to buy more food.

Funding for school lunches, like other government aid offered during the pandemic, has been at the center of a political battle between Democrats and Republicans. Senate Minority Leader Mitch McConnell and most Republicans in Congress oppose any move to expand funding, citing the significant cost — about $11 billion. Democrats and the White House were caught off guard by their opposition this spring and scrambled over the ensuing months to find an alternative before the expiration date.

A group of senators, led by the Chairman of the Agriculture Committee Debbie Stabenow (D-Mich.), still hope to reach an agreement to fund a full waiver extension. Stabenow pushed again for an extension in the Senate on Wednesday, but lamented that only two Republicans currently support such a move — Sens. Lisa Murkowski from Alaska and Susan Collins of Maine. Stabenow, however, discusses with the Republican senator. John Boozman (Ark.), the top Republican on the Agriculture Committee, to try to reach a deal, according to two people.

Agriculture Secretary Tom Vilsack also personally urged McConnell and other Republican senators at a hearing late last month to reconsider their opposition to the extension.

When McConnell argued that the Biden administration was to blame for families struggling with high inflation, Vilsack replied, “That’s why we’ve called for universal free school meals to continue for one more year.”

Vilsack told reporters after the hearing that he discussed the waivers with Boozman and Sen. John Hoeven of North Dakota, but the effort to expand funding “didn’t work because [congressional] the leaders made the decision not to allow it to operate. He said he was still “hopeful” that Congress would extend the waivers, but he promised the USDA would look for alternatives, even if it couldn’t fund a full solution.

Once pandemic-era waivers end, schools will be financially penalized if they don’t serve the right meal options or don’t meet specific nutritional requirements, said Jillien Meier, director of partnerships and strategies at campaign by anti-hunger group No Kid Hungry. The waivers give schools the flexibility to substitute whatever food they can find as they grapple with serious supply chain issues for school food supplies and high consumer costs.

Hunger advocates argue that the waivers have prevented the worst of the expected increase in food insecurity during the pandemic. And they warn that the loss of funding from July will sharply increase the hunger of millions of Americans who relied on the program. Some food vendors have already started canceling school orders before waivers expire, in part because of the high cost of food.

“We expected child food insecurity to skyrocket throughout the pandemic, but it has remained largely unchanged,” Meier said. “We fully attribute this to school meal waivers.”

“Now we’re just going to cancel all of that,” Meier said.

Republicans disagree with how the Biden administration has used pandemic emergency authorities to increase federal nutrition programs.

“This is another example of my colleagues trying to take a pandemic emergency – the exemptions – and turn them into permanent changes that last forever,” the senator said. Thomas Tillis (RN.C.) said in March.

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