Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Progress: 0%Stream Type LIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedAudio TrackCaptionscaptions settings, opens captions settings dialogcaptions off, 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.Frankly Video Player – v7.26.0CloseWBRC FOX6 News – Birmingham, ALAn Alabama teen set to graduate from high school went viral after photos of him heading to a bus stop in his cap and gown made the rounds. They’ve caught the eyes of Rickey Smiley, Tyrese and Mike Epps who hope to make his trips a little easier going forward.Corey Patrick, a graduate of Tarrant High School, walked to the bus to attend school every day and when it came time for him to earn his high school diploma, that was no different.“I had to do what was necessary for me to walk this year,” he told WBRC after an image taken by a public transit driver Monday made the rounds online Thursday, May 17. His mother told the station he had been waking up at 4:30 a.m. to catch the 5:41 MAX bus.“I’d just like to say thank you to everyone that’s supporting Corey and supporting me,” his mother, Felicia White, said.Despite the teen’s reported full-ride scholarship offer to college, Rickey Smiley and his celebrity pals are pitching in to get him a car when he goes to college. Smiley tapped Tyrese and Epps to help give Patrick transportation to and from work this summer.“I got Mike Epps to be a part of it … me, him Tyrese we gon make sure we get him a little car,” Smiley says on “The Rickey Smiley Morning Show” Thursday, May 23.Additionally, Smiley is also throwing a party for Patrick on June 23 to help the Alabama native and his family get on their feet.Plus “Insecure” actress Amanda Seales said the teen’s story, “moved me so much” and felt inspired by the community support.Aside from the celebs who have stepped up to offer words of support and a new ride, several GoFundMe campaigns have been established in Patrick’s honor.The one he launched himself, “Conquering Against All Odds,” has raised $4,500 in a single day and aims to collect a total of $10,000.“I thank you all for the support and just know that I appreciate you all,” he said adding, “it does indeed ‘Takes A Village.’”
The Reserve Bank of India has flagged its concerns over the government’s move to cut debit card charges for pushing digital transactions, saying it would make the whole business model unsustainable.According to an Economic Times report, the central bank argued that any cut in transaction charges should take into account the cost considerations of the bank and other payment service providers.Last week, a cabinet minister along with senior government functionaries had suggested that the merchant discount rate (MDR) – the rate charged to a merchant by a bank for providing card services – should be reduced substantially or be completely abolished till March next year.However, RBI Deputy Governor R Gandhi voiced his concerns regarding any such move. “Mr Gandhi said that any reduction in charge has to be done keeping in mind the cost considerations for banks. The government is keen to significantly lower charges for transactions below Rs 1,000 and Rs 2,000 where charges vary from 75 to 100 basis points,” the report quoted unnamed sources as saying.Further, any possibility of reducing transaction charges in small towns was also discussed by the government and the RBI, the report said.India has 74 crore debit cards and 2.7 crore credit cards in circulation and the total value of transactions through the point-of-sale (PoS) terminals are Rs 21,225 crore and Rs 29,866 crore a month, respectively. Experts said a drastic cut in charges would provide little incentive to banks for installing PoS devices and would hamper the government’s push to make India a less-cash economy.Earlier, reports suggested that banks would lose around Rs 1,000 crore of fee income owing to the decision to waive off fees on card transactions till December 31, 2016, after demonetisation.