Kelliher Samets Volk Named New Agency for King Arthur Flour

first_imgBURLINGTON, Vt (August 6, 2008)&America’s oldest and most renowned flour company, King Arthur Flour, has named Kelliher Samets Volk as its agency of record, according to Tim Volk, president of the independent advertising agency. The account, previously handled by Digital Flannel in Woodstock, Vermont, was awarded after a quiet national review of agencies. Billings for the account were not revealed.Based in Norwich, Vermont, King Arthur Flour has been making naturally pure flour for more than 200 years. Each of their numerous types of unbleached flour is milled from premium wheat, and the results are lauded by baking professionals around the country. The company is also famous for its catalogue, award-winning cookbooks, and baking education classes.We are thrilled to be working with such a strong food brand, said Mr. Volk. Their national reputation, dedication to quality, and socially responsible business model inspires us to create great work.The Kelliher Samets Volk team led by Senior Brand Manager Maryanne DePresco will work with King Arthur Flours Director of Marketing, Tom Payne, to create a new brand strategy, print advertising, and package design for the new client. An initial series of three new print advertisements is slated to run this fall.Kelliher Samets Volk is a marketing group with over 30 years of experience building brands and businesses through InsideOut Branding. Founded in 1977, the firm employs more than 60 people at its offices in New York City, Boston, and Burlington, Vermont.CONTACT: Tim VolkKelliher Samets Volk802.862.8261last_img read more

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Merchants’ payments status update

first_imgMerchant EMV conversion likely slowed after the Oct. 1 deadline because many did not want to disrupt the busiest time of year for them: the holiday shopping season, reports Jared Drieling, business intelligence manager at the Strawhecker Group, Omaha, Neb., a consulting firm that focuses on the merchant acquiring side of electronic payments.Some merchants delayed EMV migration completely until the holiday season ended to prevent more friction in the checkout line. “However, merchants need to understand the consequences of EMV migration fully now that non-EMV compliant merchants will bear the fraud liability risk,” he says.The run-up to the liability shift deadline spurred many major retailers to replace their old point-of-sale terminals with ones that can read chip cards, and encouraged many issuers, primarily the large card issuers, to start issuing new chip cards, Drieling notes. Big-box retailers like Walmart and the large issuers have been ahead of the game, while small and medium-sized merchants and regional or local banks have typically been laggards in the migration, he says.Small and medium-sized merchants or merchants that see little counterfeit card fraud may continue to take a wait-and-see approach—or simply decide the investment doesn’t make economic sense, Drieling says. Being EMV compliant isn’t cheap for issuers or merchants. EMV terminal costs range from about $100 to $600 each, depending on the number ordered and specific product features, while chip cards can cost issuers $1 to $4 per card. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Thaler discusses status of CHOICE Act, presses credit union action

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » NAFCU Vice President of Legislative Affairs Brad Thaler, in a new NAFCU Today video, discusses the current state of the House Financial Services Committee-passed Financial CHOICE Act (H.R. 10), the regulatory relief efforts expected going forward and the need for credit unions to engage with lawmakers to build support.In the video, Thaler notes NAFCU’s support of the bill, which makes many changes to the Dodd-Frank Act and other financial regulations. Of great significance to the credit union industry, the CHOICE Act includes a NAFCU-backed provision that would repeal the Durbin interchange amendment.The bill also makes significant reforms to the CFPB – reshaping the bureau as the new Consumer Law Enforcement Agency and limiting its powers, including its authority to address unfair, deceptive, or abusive acts or practices (UDAAP). The CHOICE Act also would provide credit unions regulatory relief in areas such as mortgage rules, examination reforms, and better tailoring and cost-benefit analyses of new regulations and capital rules.last_img read more

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Indonesia considers 2032 Olympics bid for new capital city with SoftBank’s help

first_imgTwo people with knowledge of the matter told Reuters that top Indonesian officials had raised SoftBank’s possible backing of the Olympics plan with Son in Jakarta in late February. The people spoke on condition of anonymity as they are not authorised to speak to the media.Widodo enlisted the SoftBank founder this year, along with former British Prime Minister Tony Blair and Abu Dhabi Crown Prince Sheikh Mohammed Bin Zayed al Nahyan, to act as advisers and help attract funding.Son met with Widodo and Blair about the new capital on Feb. 28, and the discussion included sports facilities but not the Olympics, according to a presidential spokesman, who did not answer further questions.According to the sources, Son is open to the Olympics proposal, which would see SoftBank provide assistance to the Games and SoftBank-backed Southeast Asian ride-hailing firm Grab act as a “mobility partner.” Indonesian President Joko “Jokowi” Widodo is weighing an audacious 2032 Olympics bid centered on the country’s not-yet-built new capital and is in early talks with SoftBank chief executive Masayoshi Son and other investors for support, sources said.The world’s fourth-most-populous country unveiled in August plans to build a $34 billion “smart and green” new capital on the forested island of Borneo to replace the crowded, polluted megacity of Jakarta, which is slowly sinking into the sea. According to the head of the Indonesia’s investment board (BKPM), the government is evaluating how to make the unnamed new capital its candidate city for the 2032 Olympics. It had already submitted a bid for Jakarta, and it is not clear whether the new plan would include any events there.BKPM chief Bahlil Lahadalia told Reuters that the tentative plan had been presented to some investors. Lahadalia told Reuters he was not aware of specific discussions with Son. Representatives for SoftBank and Grab declined to comment.The International Olympic Committee (IOC) will select a host city by 2025.Son told reporters in January he hopes to invest more in Indonesia, with current commitments including a $2 billion investment in Grab, Southeast Asia’s biggest ride-hailing firm, last July. A separate source told Reuters that while Son was still assessing plans for the new capital, an investment announcement was likely to come in April and involve Grab.Grab CEO Anthony Tan wrote on LinkedIn last week that he “was super stoked to have joined the (Feb. 28th) discussions on Indonesia’s new capital city” and was eager to work with SoftBank “to develop critical infrastructure for the new capital city.”The Olympic Games, which place a heavy financial burden on host cities, face a challenging year as the coronavirus outbreak raises the prospect that the 2020 Tokyo Games could be cancelled or postponed – something the IOC and Japan say won’t happen.Topics :last_img read more

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