Sentences with phrase «traditional financial institutions which»

Not exact matches

In the case of more traditional financial institutions, creditors have to abide by the Credit Practices Rule, which states that any financial institution, auto dealer, retailer or credit union must advise consumers about their legal obligations and more.

In addition to these traditional competitors within the global alternative asset management industry, we have increasingly faced competition from local and regional firms, financial institutions and sovereign wealth funds, in the various countries in which we invest.

Cryptocurrency is exciting because it stands to (and is in the process of) disrupt traditional financial, social, and political institutions, and supporting its message of decentralization, security, and efficiency is the medium in which it is conveyed.

For less than stellar credit scores, your options will not include traditional financial institutions, or a Small Business Administration loan, which requires a personal credit score of at least 680.

Prosper is a peer - to - peer lending service, which provides a different type of funding for loans than those that traditional financial institutions offer.

And, unlike other credit card companies, Final aims to be as customer friendly as possible, which may be attractive to people who are tired of dealing with traditional financial institutions.

The Bitcoin market expanded further as major financial institutions started entering and investing in Bitcoin, leading to the creation of a futures market for Bitcoin, which implies the official integration of Bitcoin into the traditional financial system.

«Because emerging payment systems such as mobile and cryptocurrencies may have limited interaction with traditional financial institutions, there are more limited opportunities to detect laundering which involves them,» the filing stated.

Whilst the rest of the cryptocurrency community is very much united in wanting to do business beyond the reach of banks, Ripple is instead working with traditional financial institutions, which are signing up in increasing numbers.

This statement may, of course, be easily interpreted as a means of promoting Ripple — a far - from - decentralized cryptocurrency which aims to help traditional financial institutions settle cross-border and domestic payments — while, at the same time, putting down its primary competitor.

One of Japan's leading financial exchanges, The Tokyo Financial Exchange, which counts the likes of JPMorgan Chase among its trading participants, is set to join the mad rush among traditional financial institutions to support Bitcoin as a financialfinancial exchanges, The Tokyo Financial Exchange, which counts the likes of JPMorgan Chase among its trading participants, is set to join the mad rush among traditional financial institutions to support Bitcoin as a financialFinancial Exchange, which counts the likes of JPMorgan Chase among its trading participants, is set to join the mad rush among traditional financial institutions to support Bitcoin as a financialfinancial institutions to support Bitcoin as a financialfinancial product.

Finally, due to the growing transaction transparency, traditional financial institutions will now be able to interact with the open blockchain, which was impossible under the previous protocol.

Of course, these sentiments can easily be interpreted as authorities from traditional financial institutions feeling the mounting pressure from a rapidly increasing and ever more popular cryptocurrency market, which very much aims to disrupt traditional financial structures.

Unlike most other cryptocurrencies which have systemically moved away from traditional banking, Ripple uses the blockchain technology to redefine how traditional banks and other financial institutions transfer money.

Nivaura CEO Sehra says the biggest limit of the current technology is its interaction with fiat currency, which relies on the services of traditional financial institutions.

The companies» decision may also be construed as a power play against an increasingly popular cryptocurrency market, which actively disrupts traditional financial institutions.

«Because emerging payment systems such as mobile and cryptocurrencies may have limited interaction with traditional financial institutions, there are more limited opportunities to detect laundering which involves them.

«Chris has been in finance and technology for many years and profoundly understands how the things work on both sides — traditional financial institutions and cutting edge technology products,» — says Vladimir Smerkis, Managing partner and Fund Manager of The Token Fund, — «We believe Chris» expertise will not only benefit to all of our clients but also become a vital asset in building up our next project which aims to engage more traditional investors to the crypto market».

He is critical of the old traditional education systems that have been teaching us antiquated and outdated financial advice, which has been benefitting governments and institutions for years.

Further increases in credit card account volume could occur in 2016 as more financial institutions utilize new, sophisticated alternative data solutions such as CreditVision Link, which has been shown to score more than 60 million traditional «no - hits» and unscorable records.