FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):The market to acquire wind generation remains robust, whether for development assets or legacy projects, with contracts or without, according to deal-makers at the American Wind Energy Association’s annual Wind Energy Finance & Investment conference in New York City on Oct. 1-2.“There is a lot of liquidity and strong demand, both on the development side and the operating side,” said Frank Nicklaus, principal at Greentech Capital Advisors, citing the recently agreed sale of Noble Environmental Power LLC’s 612-MW operating wind portfolio in New York state as an example.Carlyle Group LP announced it would acquire the wind assets in September, marking the first wind investment for the Washington, D.C.-based private equity firm. Carlyle owns upward of 6,000 MW of generation assets, including gas-fired plants and hydro facilities.“A lot of the folks that looked at that portfolio were looking at it as a potential repowering,” said Nicklaus, whose firm ran the sale process for Noble, adding that he was “pleasantly surprised” by the great interest shown in the platform. “Those assets were about 10 years old, had rolled off the [production tax credits] and were actually merchant.”Nicklaus said big strategic investors are expected to be among those looking to acquire projects ripe for repowering as the passage of time produces more “legacy” wind projects, though Christopher Pih, managing director at Bank of America Merrill Lynch, said private equity firms may be more equipped to tackle the risk associated with a repowering.“If you have higher risk, whether it’s repowering, or re-contracting, or a bit of hair, then you start to tap into more of the private equity-like kind of infrastructure players who are interested in those types of assets,” Pih said.However, panelists at the conference left little doubt that the wind M&A market is active across the board.Live sales include utility-owned portfolios from sellers trying to drum-up low-cost cash, recycle capital or otherwise find ways to up their balance sheet as well as assets from developers who see the frothy M&A market as the perfect opportunity to put projects on the block, Pih said.More ($): Seller’s market for wind assets persists New assets, old assets, U.S. wind market is flourishing
Consumers give out personal information every day, mainly because it is requested of them for almost anything they want to buy. A mother’s maiden name, the last four digits of a social security number; these are common security questions that allow financial institutions, online shopping websites and other businesses to authenticate users. But therein lies the fundamental problem: these authentication methods are so common that the information is easily obtained and sold to criminals. And when a criminal is authenticated using stolen information, the real member’s card number is compromised. Often, these compromised credentials are implemented in more trusted digital wallet ecosystems like Samsung Pay, Android Pay and Apple Pay—and once inside these virtual ecosystems, criminals have a much easier time using the stolen card information. Financial institutions must understand that digital payment security has transitioned from a point of sale problem to one of member authentication. Here are four methods financial institutions can use to halt this trend: Prioritize Trusted ChannelsEMV chips on cards and tokenization for digital wallets will make it nearly impossible for useful data to be stolen at the point of sale. Tokenization is a growing threat to fraudsters, as the technology creates unique tokens, which are useless to steal, instead of static card credentials. To compensate, criminals are now attempting to authenticate using the static consumer card credentials they’ve illegally obtained. So, when authenticating legitimate users—especially via digital means—credit unions must prioritize, or encourage the use of, trusted channels. For instance, sending a text message to a member’s phone or using password verification via an app are the most trustworthy methods. Phishing and social engineering schemes are much less effective within these channels, and your payments processor should block these fraudsters automatically when foul play is detected. Consider incentivizing members to use these channels by highlighting their security benefits.Prep the Call Centers!Despite all attempts your institution has made to secure the authentication process via text, email, app, etc., there will always be members who want to speak directly to a representative. Call centers are the main target for modern data phishing schemes. Criminals perpetuating authentication fraud take aim at call centers because, in short, people are easier to trick than machines. Fraudsters will use social engineering tactics to trick representatives into thinking they are speaking to the real member since they have all of the necessary information. Train your call center staff with social engineering testing to help them recognize and deal with these schemes. Also, they should be instructed to request “out of wallet” information. Use Out of Wallet InfoThe underlying problem with current verification methods is that they use static, unchanging data to authenticate users. A mother’s maiden name will never change, nor will the last four digits of a social security number. This information is easily obtainable today and is likely already in the hands of criminals looking to exploit it. Financial institutions must instead employ out of wallet questions to generate dynamic, behavior-based credentials when validating a member over the phone. Out of wallet information is based on behavior that has no traceable profile. For example, consider replacing “mother’s maiden name” with “where was your last local transaction” and “at which branch did you last deposit money?” The answers are much harder for fraudsters to obtain, and give a more realistic insight into the legitimacy of the person on the other end of the line. If in Doubt, Ask Them to Come inThis might sound extreme, but more often than not a member will appreciate the added security measure your institution takes against card fraud. This is especially effective for financial institutions that are located only in a certain geographic area. Since the majority of authentication fraud occurs over the phone, geo location plays a huge role: if a fraudster calling from California is asked to come to a financial institution in Iowa, they will likely hang up and try to scam another institution. Rarely will phone-based authentication fraud become an in-person, physical fraud attempt, simply because this manner of fraud requires far more work.Financial institutions must rethink payment risk. Yes, payment security is evolving, but criminals are evolving with it, and will do whatever it takes to get around any security measures put in place to thwart them. All financial institutions must remain firm in their efforts to authenticate, and ensure members are indeed who they say they are. 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Matt Herren In his role, Matt Herren has employed advanced analytics and data analysis to not only react to fraud, but also to prevent it. As the product manager for Payment Analytics, … Web: csiweb.com Details
Metro Sport ReporterThursday 15 Oct 2020 2:11 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link335Shares Arsene Wenger admits ‘very personal’ rivalry with Jose Mourinho got out of control Comment Advertisement Arsene Wenger and Jose Mourinho had a feisty relationship (Picture: AFP/Getty Images)Arsene Wenger admits that his rivalry with Jose Mourinho was ‘very personal’ during his time in charge at Arsenal and that it got out of control at times.The two managers had a feisty relationship during Mourinho’s two spells in charge of Chelsea and while Wenger was amid his epic stint as Gunners boss.There were memorable comments, especially from the Portuguese, who labelled Wenger a ‘voyeur’ because of Mourinho believed the Frenchman was obsessed with him, and cut still deeper when he called his rival a ‘specialist in failure.’It was not one-way traffic in terms of insults, with Wenger responding to the ‘voyeur’ comment with a barb of his own: ‘He’s out of order, disconnected with reality and disrespectful. AdvertisementAdvertisementADVERTISEMENT‘When you give success to stupid people, it makes them more stupid sometimes and not more intelligent.’Things even got physical between the two men when they squared up on the touchline at Stamford Bridge in 2014 and had to be pulled apart.Wenger admits he always regretted the physical and verbal altercations, which went too far, but says he only has respect for Mourinho these days.‘That was sometimes very personal and a little bit out of control,’ Wenger told talkSPORT of his relationship with the Special One.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘The problem is you go into a game and already have resentment because of what has been said in press conferences, so nine times out of 10 you hate the guy on the other bench and keep control of it.‘But sometimes it goes overboard. Once or twice with Jose Mourinho it got out of control, but after the game you regret it because you cannot afford that.‘It creates a big interest from people as well.‘But after a while it becomes normal again and the respect comes back for each other, because you are in this job for a long time and at the end of the day suffer altogether.’Mourinho has attempted to put the feud to bed in the past as well, telling Sky Sports in 2018: ‘If he respects me even 50 per cent of what I respect him we can even be friends in the future. ‘I have lots of respect for him.’MORE: Mikel Arteta responds to Arsene Wenger claiming Mesut Ozil is ‘wasted’ at ArsenalMORE: Mikel Arteta keen for Arsene Wenger to return to ArsenalFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisement
The police in Jamaica have launched an investigation into the murder of a man contracted to work with the National Water Commission (NWC).It’s reported that Benroy Farquharson, 36, was shot and killed at his home in the central parish of Clarendon, late Wednesday.The police say shortly before 9pm, Farquharson, who is also known as Ezra, was at home with his girlfriend when they heard voices shouting “police”.The woman reportedly opened the door and found men armed with guns, when she attempted to close the door, the men forced their way into the house and opened fire, hitting Farquharson, who died on the spot. His girlfriend was not hurt.
Chelsea FC have officially unveiled their latest signing Willian Borges Da Silva on a five year contract.The Blues on Sunday agreed to a reported £30 million fee to sign the Brazilian midfielder from Russian outfit Anzhi Makhachkala.ConfirmedThe club in a statement on its official website on Wednesday confirmed the signing of Willian who becomes Mourinho’s latest addition to the star studded Chelsea side.-Chelsea Football Club is delighted to announce the signing of Willian.-The 25-year-old Brazilian was today (Wednesday) granted a work permit and has signed a five-year contract, having moved to England from Russian club Anzhi Makhachkala. -He will wear the number 22 shirt. The statement reads as quoted on the club’s official website.-Born on 9 August 1988, in Ribeirao Pires, Willian played at Sao Paulo before moving to Corinthians at the age of nine.Youth CareerHaving made his way through the Brazilian club’s academy, Willian rose to prominence in 2005 at the prestigious Copa Sao Paulo de Futebol Junior tournament, which he won with Corinthians before being promoted to the first team where his impressive performances eventually earned him a move to Ukrainian top side Shakhtar Donetsk in August 2007.The attacking midfielder won four league titles, three Ukrainian Cups, three Ukrainian Super Cups and, most memorably, the 2009 UEFA Cup victory over Werder Bremen with the Ukraine based side.
160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! LAKE HUGHES — An instructor at a northern Los Angeles County probation camp was arrested on suspicion of making terrorist threats. Julian Gallarza, 56, a longtime Probation Department employee who works as an instructor at the Camp Mendenhall juvenile boot camp in the Lake Hughes area, tucked between Palmdale and Castaic, was arrested Tuesday after threatening to go an a rampage. Sheriff’s Lt. Lawrence Del Mese said deputies found loaded weapons in Gallarza’s car. Gallarza was booked for investigation of making terrorist threats and remained in custody with bail set at $50,000. Gallarza is accused of making threats about noon to another Camp Mendenhall employee. Gallarza told the other employee he was “having issues with co-workers and problems at home,” Del Mese said.