A flare-up that began on Twitter concerning allegations that the algorithm behind the Apple Card’s credit evaluation process is discriminatory against women has done more than flag a potential issue in a Big Tech’s entry into financial services through partnership.The controversy underscores the volatile power of social media directed against brands and how communication through this channel transcends traditional media approaches for financial institutions.It demonstrates how financial institutions can find regulatory trouble on their doorstep overnight, quite apart from any official process like examinations, in the connected world.The controversy holds up algorithms and artificial intelligence for fresh examination even as more and more experts say that these technologies will improve financial life as we know it.That’s a hell of a lot of impact from a single tweet.Here’s a recap of what’s happened and its implications for banks and credit unions in terms of social media, crisis communication and the future of algorithms in financial services. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
LONDON, England (CMC) – Evin Lewis’s sublime career-best hundred and Alzarri Joseph’s maiden five-wicket haul both proved in vain as West Indies crashed to a six-run defeat under Duckworth/Lewis in the fourth One-Day International, to concede the five-match series to England here yesterday.Chasing a difficult 357 for victory at the Oval following Lewis’s 176, England were 258 for five in the 36th over – ahead of the D/L par score of 252 – when the adverse weather drove players from the field at 19:35hrs (2:35 Eastern Caribbean time).With the drizzles persisting, officials called play off at 20:10hrs , leaving a disappointed West Indies with their sixth straight ODI series defeat to England and without a tour victory over a higher-ranked side in five years.This statistic seemed destined to change when the Caribbean side romped to 356 for five off their 50 overs – their fourth highest total in ODIs and highest-ever against England.The charge was led by Lewis while captain Jason Holder lashed a career-best 77, Jason Mohammed struck 46 and Rovman Powell, a cameo unbeaten 28 at the end.England seemed on course to complete their highest-ever successful run chase when opener Jason Roy stroked a top score of 84 in an opening stand of 126 with Jonny Bairstow who made 39.But fast bowler Joseph intervened with an outstanding spell to claim five for 56 to haul West Indies back into the contest by reducing England to 181 for five in the 28th over.However, Moeen Ali proved the Windies tormentor again, hammering an unbeaten 48 in a 77-run sixth-wicket stand with Jos Buttler who made 43 not out, to get England ahead of the required rate with rain looming in the distance.England now lead the series 3-0 with the final match of the series carded for the Ageas Bowl tomorrow.Sent in, the innings belonged to Lewis as he dominated England’s bowlers before finally being stretchered off in the 47th over after driving a full-length delivery from pacer Jake Ball into his ankle.Pacer Alzarri Joseph made repeated breakthroughs to put West Indies on top. (Getty Images)He lost talismanic partner Chris Gayle for two to the fourth ball of the innings, the veteran left-hander edging seamer Chris Woakes to Joe Root at first slip with two runs on the board.Lewis then watched as West Indies slid to 33 for three in the seventh over, losing Shai Hope (11) and Marlon Samuels (1) cheaply.The 25-year-old left-hander dug deep to produce an innings of class, stroking 17 fours and seven sixes off 130 deliveries, carving out the fourth-highest individual score by a West Indies batsman in ODIs.Significantly, he put on 117 for the fourth wicket with Mohammed who faced 71 balls and counted four boundaries before adding a further 168 with Holder in a record stand for the fifth wicket.Lewis reached his half-century off 52 deliveries in the 20th over before accelerating to reach his second ODI century off 94 balls, when he swung Woakes to the fine leg boundary in the 35th over.With his landmark safely behind him, Lewis launched a stunning assault, with a pair of sixes off pacer Liam Plunkett in the 40th over and nearly single-handedly smashing 25 off the 44th over from off-spinner Moeen Ali as he motored past 150.He lost Mohammed in the 29th over caught at the wicket off Rashid but found an ally in Holder to reset the fifth-wicket record for the Windies in ODIs.Holder, dropped on three by opposite number Eoin Morgan at cover in the 30th over off Plunkett, blasted four fours and four sixes in a 62-ball cameo before perishing to the final ball of the innings.When injury forced Lewis out with the charge on, Powell belted a pair of fours and sixes in a 15-ball knock as West Indies posted 131 runs off the last 10 overs.Woakes was the best bowler with three for 71.Roy then took the game away for the Windies early, in a 66-ball knock which contained 11 fours and two sixes, against bowling which lacked discipline.With the game slipping away quickly, the visitors found a way back through Joseph, who at age 20, became the youngest West Indies bowler to take a five-wicket haul in ODIs.In the third over of his spell, he had Roy caught at the wicket trying to run one down to third man in the 18th over and claimed Bairstow in identical fashion at 144 for two in the 22nd over.England then lost their next three wickets for 37 runs as West Indies snatched the advantage but Moeen once again proved their nemesis, belting six fours and two sixes off 25 balls in a brazen counter-attack. WEST INDIES inningsC. Gayle c Root b Woakes 2E. Lewis ret. hurt 176S. Hope c wkp. Buttler b Woakes 11M. Samuels lbw b Woakes 1J. Mohammed c wkp. Buttler b Rashid 46J. Holder c Billings b Plunkett 77R. Powell not out 28Extras: (lb-3, w-12) 15Total: (5 wkts, 50 overs) 356Fall of wickets: 1-2, 2-19, 3-33, 4-150, 4-318, 5-356.Bowling: Woakes 10-0-71-3, Ball 10-0-68-0, Plunkett 10-0-67-1, Moeen Ali 9-1-70-0, Root 1-0-10-0, Rashid 10-0-67-1.ENGLAND inningsJ. Roy c wkp. Hope b Joseph 84J. Bairstow c wkp. Hope b Joseph 39J. Root c wkp. Hope b Joseph 14E. .Morgan c sub. (K Hope) b Joseph 19J. Buttler not out 43S. Billings c Gayle b Joseph 2M. Ali not out 48Extras: (lb-4, w-3, nb-2) 9TOTAL (5 wkts, 35.1 overs) 258Fall of wickets: 1-126, 2-144, 3-157, 4-177, 5-181.Bowling: Taylor 7-0-48-0, Holder 9-0-52-0, Joseph 8.1-0-56-5, Cummins 6-0-49-0, Nurse 3-0-39-0, Powell 2-0-10-0.
This year, Parikh, whose team will be defending the title, wants the grand finale at home. “We would love to see the finals in Jamaica with the support of our partners and government, and hope to see it in Sabina Park,” he said. He was quick to point out that the CPL is economically beneficial to each country and should be backed by their respective governments. “The key is that not only the CPL, but also each team gets continued support from their respective regional government, as it’s mutually benefiting to promote this economically and financially viable sporting event in the Caribbean,” Parikh told The Gleaner. CPL is dubbed the biggest party in sports, and according the Tallawahs director, it grows bigger and better, each year. “Tallawahs’ brand continues to grow internationally and continues to thrive each year along with the popularity of CPL, not only in the Caribbean, but also the US frontier,” he reasoned. HOPES OF A HOME FINALE In considering the Hero Caribbean Premier League (CPL) tournament mutually beneficial to regional economies, Jamaica Tallawahs Managing Director Ron Parikh is of the view that Jamaica’s Sabina Park would be the perfect venue for this year’s final. CPL, the domestic Twenty20 cricket league in the West Indies, is to be played among seven countries – Trinidad and Tobago, St Kitts and Nevis, Guyana, Barbados, Jamaica, St Lucia, and the United States, which hosted last season’s final in the state of Florida. TALLAWAHS BRAND He has made it clear that the Jamaica Tallawahs brand would grow in size and popularity again this season. It will bowl off in June. “We look forward to build a bigger fan base and continue to support our local Tallawahs fan base,” he outlined. “We have some great local partners that have supported us in the past, and we hope to receive continued support from our partners to build up the momentum coming in to the home games at Sabina Park,” continued Parikh. The Jamaica Tallawahs owners will be looking to rev up even more support at their Sabina Park home, and across the island. The managing director was clear that the two-time champions will be going all out for a third title this year. “We have a strong team for our 2017 championship chase, and all the team members are equally qualified and talented to represent the Tallawahs and go through the hard road it is to win an unprecedented third championship,” he underlined. Defending their title will be hard to do, but Parikh remains confident they will have a strong support staff and players to do it.