| Alliances: Metavante, Temenos Add Core Value
Core system swap outs are of increasing interest to banks, which need to support new products like health savings accounts and technologies like remote deposit image capture, but find that layering these new functions on top of siloed legacy systems is awkward and inefficient. In spite of the pain associated with core system replacements, banks recognize there's no time to waste if they are to remain competitive. Technology providers, too, realize that enhancing system capabilities must happen if they are to acquire and retain customers. It's that sense of opportunity and urgency that brought Metavante and Temenos together. Under the agreement, Metavante will distribute the Temenos core banking platform (TCB) in the U.S. and Temenos will retain royalties on license and maintenance fees, outsourcing fees and professional services revenues.
Health Savings Accounts Offer Tax Benefits To Those Who Qualify
Health care consumers may realize significant financial benefits from health savings accounts. Created under the 2003 Medicare Act, an HSA is a tax-favored savings plan offered by many banks, insurance companies, brokerages and other financial institutions and that can be used to pay for qualified medical expenses. According to the Alabama Society of CPAs, health savings accounts offer significant tax benefits to individuals who qualify. Eligibility To establish an HSA, you must have coverage under a high-deductible health plan. For 2007, these are defined as having a $1,100 deductible for individuals and $2,200 or higher for families, up from $1,050 and $2,100 respectively for 2006. HSAs are designed, in part, to help those with high-deductible policies to pay for health expenses until insurance benefits kick in.
Womens Veterans Week May 14-20 in Branson
Blackanthem Military News, BRANSON, Missouri - Motion picture, television and Broadway star, recording artist, business professional, filmmaker and humanitarian, Connie Stevens will be in Branson in May to honor women veterans during the third annual Womens Veterans Week. "She has truly earned the title of a 'Woman for all Seasons.' Connie Stevens is a great humanitarian and supporter of veterans' causes. We are pleased she has agreed to be our guest. When she says of veterans that they are her favorite Americans it comes from her heart," said Mary Slivka, chair of the Women Veterans Committee of the Branson Veterans Task Force (BVTF). "Because of her work for veterans Ms. Stevens has been honored by the Vietnam Veterans Association of America and has received The Decoration for Distinguished Civilian Service from the United States Armed Forces, the highest honor that can be given to a civilian.
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