Platforms for retail banking could turn rivals into allies

first_img continue reading » Platform “ecosystems,” once the exclusive domain of key direct-to-consumer players like Amazon and Google, are set to have a significant impact on retail banking institutions.Banks and credit unions need to create platforms in order to survive. There are two aspects to this necessity.First, the portfolio of products that these financial institutions are currently providing is not being delivered with sufficient innovation to move into the future. These institutions are recognizing that effective platform strategies are essential to bringing forth strategic agility: the ability to open up new markets, grow, scale and reduce the risks of providing the products. The platform approach allows institutions to respond quickly (and at scale) to meet new consumer wants that may not even exist yet.Taking the ecosystem approach enables institutions to build strong, multi-channel capabilities and marketplaces that allow institutions to center their attention on serving consumers instead of simply distributing products. This allows them to offer their own services and products, coupled with the ability to be a marketplace for additional products from partners and possibly even competitors. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Q1 passenger traffic at Ngurah Rai falls 15%, but worst yet to come

first_imgDuring the first quarter of this year, AP I recorded 17.78 million passengers in its 15 airports across Indonesia, an 8.11 percent drop from 19.3 million in the same period last year. The operator also reported that cargo traffic at its airports had dropped by 16.98 percent to 121.12 million kilograms (kg) in the first quarter this year from 145.89 million kg in the same period in 2019.In line with the drop, the operator also reported a decline in aircraft traffic to 175,143 flights in the first quarter from 184,085 flights during the same period last year.“The decline began after Indonesia unveiled its first confirmed COVID-19 case at the beginning of March,” AP I president director Faik Fahmi said in a statement.He added that traffic dropped further after the government imposed social restrictions to halt the spread of the disease in mid-March.AP I manages 15 airports in central and eastern Indonesia, including Ngurah Rai International Airport in Denpasar; Juanda International Airport in Surabaya, East Java; Sultan Hasanuddin International Airport in Makassar, South Sulawesi; and Sam Ratulangi International Airport in Manado, North Sulawesi.According to Statistics Indonesia (BPS), foreign tourist arrivals in January and February fell by 11.8 percent to 2.16 million people from 2.45 million people during the same period last year.Topics : Passenger traffic at Ngurah Rai International Airport in Denpasar, Bali, fell by 15 percent in the first quarter of this year, as the resort island grapples with a drop in tourist arrivals as a result of the COVID-19 outbreak.According to state-owned airport operator Angkasa Pura I (AP I), which operates Ngurah Rai Airport and 14 others in central-eastern Indonesia, Bali’s main airport saw a drop in passenger traffic to 4.66 million in the January-March period from 5.39 million in the same months last year.  But it seems that the worst is yet to come as tourist arrivals have continued to drop amid fears of COVID-19. Bali Tourism Agency head I Putu Astawa revealed in Denpasar on Saturday that tourist arrivals had fallen about 95 percent from before the first cases of COVID-19 were confirmed in Indonesia on March 2.He added that an average of 500 travelers arrived in Bali every day; that compares to between 10,500 people and 11,000 people a day in 2019.Tourist arrivals in Bali are currently dominated by Australians as the number of tourists from other countries, especially China, has dropped significantly, he said as reported by Antara news agency.Read also: Tens of thousands of flights canceled in Indonesia because of COVID-19last_img read more

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This ‘renovators delight’ in the heart of Brisbane will test the most committed DIY weekend warrior

first_imgGrab your paintbrush — 37 York Pde, Spring Hill needs some love.Are you a keen renovator? Then roll up your sleeves because this one could do with a lick of paint.This home at 37 York Pde, Spring Hill has hit the market for the first time in 26 years — but only those with a big imagination, plenty of gumption and a bank of resources need apply.Where’s Scott Cam when you need him?More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours ago“A rare, fun and fulfilling project for 2017 awaits you,” said the agent’s listing.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:18Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:18 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenCould this be your anti-dream home?02:18 Related videos 02:18Could this be your anti-dream home?00:25Worst real estate images of 201701:34Sydney’s million dollar dumps01:30Renovate or detonate?01:28Shell sells01:17Fitzroy home the definition of a projectThe two-bedroom cottage sits on 304sq m of land positioned just 1.5km from Post Office Square.The view from behind isn’t much better.With a Spring Hill median house price of $1.005 million, this could be the buy-in opportunity of a lifetime for renovators.Those looking for a bit of fixer-upper need to submit their tender by 31st August.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

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Medicinal cannabis gains support from experts

first_imgNZ Herald 20 May 2016Family First Comment: “The consistent feedback from experts in their field was that cannabis-based products should be treated no differently to other medicines — evidence-based principles should and will continue to be followed.”Medical experts are supporting of the Government’s approach to prescribing cannabis-based products.Feedback from specialists and the New Zealand Medical Association (NZMA), released today, was unanimously supportive of the existing guidelines and process.The feedback comes after the Ministry of Health undertook a targeted consultation with a range of medical specialists and the NZMA to determine whether the guidelines used to assess applications for prescribing cannabis-based products were still fit for purpose.Medicinal cannabis has long been a contentious issue with many calling for easier access to the drug and lower costs.Associate Health Minister Peter Dunne said he welcomed the support.“The consistent feedback from experts in their field was that cannabis-based products should be treated no differently to other medicines — evidence-based principles should and will continue to be followed.”READ MORE: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11641488last_img read more

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Over 40 competitors registered for Caribbean Invasion

first_imgOVER 40 competitors have been registered so far for Sunday’s Caribbean Invasion Drag race meet according to the Guyana Motor Racing and Sports Club.With the deadline for registration approaching, the club is asking those competitors who have not registered to do so by today as there will be no late registration.“We want to thank all those who have registered thus far for the Caribbean Invasion drag race meet. We have in excess of 40 competitors thus far and we are expecting more today.”Meanwhile the club will close the drag strip to vehicular traffic from 06:00hrs – 18:00hrs today, tomorrow and Sunday for the event.“There will be an official free practice today from noon to allow for the test and tune.”Sunday morning’s event begins at 09:00hrs.last_img read more

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PSG Pair Demand More after Defeat in Munich

first_imgMidfielders Julian Draxler and Adrien Rabiot said Paris Saint-Germain must improve for the Champions League knockout phase after falling to a 3-1 defeat at Bayern Munich.Corentin Tolisso struck twice as Bayern gained a measure of revenge for September’s 3-0 defeat in Paris with a comfortable victory at the Allianz Arena on Tuesday in their final group game. With both teams already through to the last 16, Bayern needed to win by four goals to usurp the French side from first place in the group.Despite the defeat, the big-spending Parisians finished as Group B winners with a better goal difference across the two head-to-head matches.However, the German champions restored pride as they matched PSG’s tally of 15 points.Bayern raced into a 2-0 halftime lead thanks to goals by Robert Lewandowski and Tolisso.Kylian Mbappe calmed the visitors’ nerves just after the break before Tolisso scored a superb third for Bayern.PSG will go into the pot for Monday’s draw as group winners, but Rabiot says they must improve following a second consecutive defeat after the Ligue 1 leaders lost 2-1 at Strasbourg last weekend.“It’s true that we have work to do because we need to play better in this type of match,” said the defensive midfielder.“We did some good things, but there’s quite a lot we have to correct. We played too much as individuals and not enough as a team.“When we played as a team, we were dangerous and could have scored more goals but weren’t clinical enough.“When we try to do everything on our own, it doesn’t work.”Neymar had a quiet night, goalless in Munich despite scoring in all of the five previous group games.However, PSG coach Unai Emery is backing the Brazilian star to refind his touch.“Neymar? I am calm, I know that he will progress in this team, he has the quality for that,” said Emery.Germany international Draxler admitted PSG were not as good as in September’s 3-0 win when they outplayed the Bavarians by some distance.“In the first half, we didn’t play as well as we had in Paris, so Bayern were superior,” said the World Cup winner.“Bayern did well, you can see that they are one of the best teams in Europe.“We are unhappy about the defeat, but are pleased to have won the group.”Carlo Ancelotti was sacked as Bayern coach in the wake of the humbling defeat at PSG and Bayern replaced him with Jupp Heynckes, who coached them to the 2013 treble.“This was a real team effort. We did exactly what we set out to do and were tactically very clever,” beamed Heynckes.The 72-year-old pulled a few surprises before kick-off, leaving out Germany stars Jerome Boateng and Thomas Mueller, plus midfielders Javi Martinez and Arturo Vidal.He gave Bayern some French flair by starting with Kingsley Coman and Franck Ribery on the wings while Tolisso was superb in attacking midfield.“Coman’s performance was no surprise for me – he always gives me reasons to start him,” said Heynckes.“Tolisso has continued to prove that he’s an excellent footballer and a real goal threat.“He trained outstandingly this week and there was no reluctance in my mind to start him.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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Brazil’s Paulinho joins Tottenham

first_imgBrazil defensive midfielder Paulinho is joining Tottenham from Brazilian club Corinthians.Official details on the transfer were not disclosed, but local media said on Tuesday that Tottenham is paying 20 million euro ($A28.49 million) to sign Paulinho on a four-year contract. That was the amount in the buyout clause established by Corinthians when it extended the player’s contract until 2015.Half of the money goes to Corinthians and the rest goes to Sao Paulo club Audax, which is where the player started.The 24-year-old Paulinho was voted the third-best player at the Confederations Cup, behind Brazil teammate Neymar and Andres Iniesta of Spain.In addition to begin a solid defender, Paulinho is also known for his efficiency when attacking.He scored two goals in the World Cup warm-up tournament, including the winner in Brazil’s 2-1 victory over Uruguay in the semifinals. He had also scored key goals for Corinthians since joining the Brazilian giant from Bragantino three years ago.Paulinho helped Corinthians win the Brazilian league in 2011, the Copa Libertadores and the Club World Cup in 2012 and the traditional Sao Paulo state championship earlier this year.He scored 34 goals in 167 matches with Corinthians, Brazil’s second most popular club behind Flamengo.last_img read more

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Wellington Golf Association Match-Play results for this weekend

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments by Tracy McCue, Sumner Newscow — Myles Miller, Gary Richmond, Jim Sutton and Art Caudillo were winners of the respective Championship, A, B, and C Flights  in the Wellington Golf Association Match Play tournament held this weekend.The following are the tournament bracket results for the two-day tournament:Championship Flight –First round:Chad Gill bye,Brady Walker over Erik Ritzman – 1 up 19 holes.Chad Renn 6 and 5 (six hole lead with five to go) over Scott Templeton.Derek Harrison 5 and 4 over Bill Mott.Miles Miller bye.Josh Troutman 3 and 2 over Jesse Ybarra.Charlie Ballard bye.Brendon McDonald 3 and 2 over Sean Lundford.Second round:Gill 3 and 2 over Walker.Harrison 3 and 2 over Renn.Miller 1 up 21 holes over Troutman.McDonald 1 up over Ballard.Semifinals:Harrison 1 up 19 holes over Gill.Miller 4 and 2 over McDonald.Championship.Miller 3 and 2 over Harrison. Flight C - First round:Mark Erickson byeNick Ruyle 5 and 4 over Kelly Walker.Bob DeJarnett 6 and 4 over Dietrik Gill.Art Caudillo 9 and 7 over Gene Huck.Richard Orton bye.Dean Russell 4 and 3 over Terry Dupree.Trampas Gleason bye.Huey Hubbard 3 and 2 over Austin Craig.Second round:Erickson 4 and 2 over Ruyle.Caudillo 3 and 2 over DeJarnett.Orton 5 and 4 over Russell.Gleason 4 and 3 over Hubbard.Semifinals:Caudillo 5 and 4 over Erickson.Orton 3 and 2 over Gleason.Championship.Caudillo 4 and 2 over Orton. Flight A - First round:Gary Richmond bye.Pete Miller 1 up over Scott McQuin.Brian Peck bye.Brad Stocking 3 and 1 over Dale Brown.Nick Becker bye.Brent Washburn 3 and 2 over Brady Short.Adam Ricke bye.Bill Butts 1 up 21 holes over Buddy Robertson.Second round:Richmond 9 and 7 over Miller (WD).Stocking 1 up over Peck.Becker 6 and 5 over Short.Ricke 6 and 4 over Butts.Semifinals:Richmond 2 and 1 over Stocking.Ricke 4 and 2 over Becker.Finals:Richmond 2 up over Ricke. Flight B - First round:Nate Cornejo bye.Jerry Kiser 1 up 19 holes over Dustin CraigCasey Torneden 8 and 7 over John Venskus.Galen Green 4 and 3 over Doug NorrisJeff McGovern bye.Rod Torneden 1 up over Greg Lunsford.Jim Sutton bye.David Klein 3 and 2 over David Carr.Second round:Kiser 3 and 1 over Cornejo.C. Torneden 2 and 1 over Green.McGovern 2 and 1 over R. Torneden.Sutton 2 and 1 over Klein.Semifinals:Kiser 4 and 3 over C. Torneden.Sutton 4 and 3 over McGovern.Finals:Sutton 1 up over Kiser.last_img read more

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Lawrence Norris, 98, Wellington: June 3, 1915 – Sept. 3, 2013

first_imgLawrence NorrisLawrence A. Norris, lifelong Wellington resident and retired farmer, died Tuesday, September 3, 2013 at Golden Living Center in Wellington at the age of 98.Lawrence was born the son of William and Martha Belinda (Osburn) Norris on Thursday, June 3, 1915 in Portland.On July 17, 1933, he and Ethney Jane Adams were united in marriage in Wichita. They were married over 61 years prior to her passing on November 26, 1994. Lawrence was blessed to find love again and on August 5, 2000, he and Carol (Rusk) Hunt were married in Wellington. Together they celebrated 13 years of marriage.   Survivors include his wife, Carol Norris of Wellington, son, Larry Norris and his wife Marla of Kansas City, Missouri, son, Thomas Norris and his wife Helen of Wellington, step-children: Vicki Eggers and her husband Ed of Genoa, Illinois, Kevin Lee Hunt and his wife Mary of Wellington, Dianna Starburg and her husband Ben of McPherson, grandchildren: Matthew Norris and his wife Cherie of Bates City, Missouri, Michelle Norris of Kansas City, Missouri, Marty Sue Karguth and her husband Don of Edmond, Oklahoma, Eric Norris and his wife Jennifer of Broken Arrow, Oklahoma, Lisa Herndon and her husband Kelsey of Edmond, Oklahoma, Ross Eggers of Genoa, Illinois, Hillary Lynn Eggers of Chicago, Illinois, Emily Frances Eggers of Colorado State University, Nathan Hunt of Wellington, Kaleb Hunt of Wellington, Jaden Lee Starburg of McPherson and Kilynn Jenae Starburg of McPherson along with his great-grandchildren: Kelly Sue Karguth, Nathan Karguth, Thomas Earl Norris, Ezra Herndon, Kaylen Herndon, Weston Herndon.He was preceded in death by his first wife, Ethney Norris, parents, William and Martha Norris, sisters: Alice Pearl Hendricks, Beulah Frances Roberts and brothers: Willard Earl Norris, Leonard John Norris and Ellis William Norris.Visitation will be held at the funeral home from 1:00 p.m. to 8:00 p.m., Friday, September 6, 2013 with the family present from 6:00 p.m. to 8:00 p.m.Funeral services for Lawrence will be at 10:00 a.m., Saturday, September 7, 2013 in the Church of Christ, WellingtonInterment will follow at the Forest Hill Cemetery near Portland.Memorials have been established in his loving memory with the Church of Christ, 217 West 13th Street, Wellington 67152 or the Silver Maple Camp (c/o Phil Watson), 9 Stadium, Haven 67543an be mailed or left with the funeral home.To share a memory or leave condolences, please visit www.dayfuneralhome.info.Arrangements are by Day Funeral Home & Crematory, Wellington.last_img read more

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Steelers looking to stop big play barrage in 2014

first_imgFormer Pittsburgh Steelers Hall-of-Fame running back Franco Harris, left, talks with Steelers defensive coordinator Dick Lebeau before an NFL football game between the Pittsburgh Steelers and the Cincinnati Bengals on Sunday, Dec. 15, 2013 in Pittsburgh. (AP Photo/Gene J. Puskar)PITTSBURGH (AP) – More than five decades in the NFL have taught Dick LeBeau that mistakes are unavoidable.The problem for the Pittsburgh Steelers Hall of Fame defensive coordinator is his players typically make so few of them the standards can become borderline unfair.Call it the byproduct of ranking in the top 10 in total defense every season since LeBeau returned to Pittsburgh in 2004.Yet though the Steelers ranked a respectable 13th in yards allowed last fall, LeBeau spent a large portion of the offseason answering questions about what went wrong.The truth is, the NFL happened.The defensive pillars that stoked the franchise to two Super Bowl wins and a third appearance across six seasons from 2005-10 either retired, were cut or took jobs elsewhere.Age or injuries began to catch up to some of the holdovers such as safety Ryan Clark and linebacker LaMarr Woodley while inexperience left promising but hardly polished rookies such as linebacker Jarvis Jones and safety Shamarko Thomas exposed.The result was a defense that spent far too much time chasing opponents rather than catching them. Pittsburgh allowed 11 plays of 50 yards or more in 2013, most of them coming during a ghastly 2-6 start to the season that led to whispers the 76-year-old had lost his touch and his players had lost their way.Not really.“We were young and early in the season we didn’t go the right way and left gaps open,” LeBeau said. “When you leave gaps in the National Football League, they’re outta here baby.”While quarterback Ben Roethlisberger and the offense earned most of the credit for leading a 6-2 stretch run that nearly resulted in an unlikely playoff berth, the overdue youth movement on defense that started in earnest last fall finally began paying dividends.Only three of the 11 big plays the Steelers surrendered last season happened after an embarrassing 55-31 loss to New England.Jason WorildsJason Worilds emerged as a legitimate pass rushing threat on his way to a team-high eight sacks. Cortez Allen took over some of the shutdown cornerback responsibilities from a hobbled Ike Taylor.It was a promising step, but it was just one step. To avoid missing the postseason for the third straight year, LeBeau understands a unit littered with nine starters in their 20s needs to continue to improve.Ultimately the Steelers weren’t awful, they were just average.Considering the quickness LeBeau now has at his disposal after Pittsburgh signed hard-hitting safety Mike Mitchell and drafted linebacker Ryan Shazier and defensive lineman Stephon Tuitt in the first two rounds of the draft, having his players in the right position shouldn’t be an issue.The way LeBeau looks at it, his team will be fast enough physically to compensate for any sort of mental hesitation.“We can run a race with anybody in the NFL,” LeBeau said. “The problem is it ain’t a race. It’s a football game.”One that requires Pittsburgh to return to the physicality that has been its hallmark under LeBeau. Better tackling would help. In most of the season-altering plays the Steelers gave up last year, someone had a chance to make a play only to watch the ballcarrier slip away.“That’s not us,” cornerback William Gay said. “That’s never been our identity to not be a good tackling team like that.”Getting back to basics, however, can be difficult. The era of draining two-a-day practices during training camp are over.The Steelers hold a walkthrough in the morning and even in pads they occasionally take it easy, “thudding up” – hitting without taking someone to the ground – rather than tackling some days to help avoid injuries.Pittsburgh tries to make sure the players they bring in are already sound in one of the most fundamental aspects of the games. It’s why general manager Kevin Colbert was downright giddy when the Steelers drafted Shazier in the first round and nabbed Tuitt – whom Colbert considered a potential top 10 pick – in the second.Though Shazier has been hampered by a right knee issue coach Mike Tomlin called only a “boo boo,” he’s already considered a starter while Tuitt should play extensively on a defensive line that doesn’t have a regular contributor over the age of 27.LeBeau called both rookies “ahead of schedule.” He hopes to be able to say the same of the rest of the unit by the end of training camp. He’ll get a first glimpse on Saturday night when the Steelers open the preseason against the New York Giants.“A coach is never happy with what he’s looking at, but I’m pleased at the work ethic,” LeBeau said. “I am happy with the work ethic. The level of performance has to get better. We’re making some plays and we’ve just got to be more consistent.”NOTES: Shazier missed his third straight practice, while G Ramon Foster, NT Steve McLendon, WR Darrius Heyward-Bey, and DE Cameron Heyward also sat out on Thursday. WR Antonio Brown was given a maintenance day… LB Jarvis Jones, LB Jordan Zumwalt and TE Rob Branchflower, whom coach Mike Tomlin listed as questionable for Saturday’s preseason opener at the New York Giants, practiced in full pads.___AP NFL website: www.pro32.ap.org and www.twitter.com/AP_NFLlast_img read more

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