Sentences with phrase «allow banks and other financial institutions»

For example, both bills include a provision that would allow banks and other financial institutions to more easily challenge business method patents when those patents are asserted against them in litigation.

Hyperledger, a finalist in the SWIFT Innotribe startup challenge, developed an innovative distributed ledger to allow banks and other financial institutions to clear and settle transactions in realtime.

Coinffeine describes the protocol as «pioneering» and says it will allow banks and other financial institutions to offer cryptocurrency services with «all legal guarantees».

In June, Digital Asset Holdings acquired Hyperledger, a company that developed distributed ledger technology to allow banks and other financial institutions to clear and settle transactions in real time.

Not exact matches

Warren also zeroed in on a popular industry proposal discussed by Blanton and others that would allow banks to count all loans held in portfolio as QM loans, noting that it would help financial institutions of all sizes.

Because blockchains can allow for faster transactions through peer - to - peer solutions, automated processes, and other improved benefits, the ways that central banks and other financial institutions administer settlements will need to improve if they are to remain competitive.

Crypto currencies allow the people to buy, trade and invest without the involvement of banks and other financial institutions.

It allows the FDIC to borrow funds from the Treasury to support the liquidation of such firms with the proviso that in the event of any losses, fees will be levied on bank holding companies and other financial institutions to fully reimburse the Treasury.

Several online platforms now allow individuals to borrow money from other individuals, allowing investors to realize the same kind of interest rates that banks and financial institutions usually make on a loan.

Some banks and credit unions offer 2nd chance checking accounts with limited or no check writing privileges while other financial institutions allow most features of a regular checking account; but, tack on a monthly fee.

External Transfers — External transfers, located in the «Move Money» section of 5Online Internet banking, allow customers to easily move money to and from their Bank5 Connect accounts from accounts at other banks or financial institutions.

This integrated platform allows you view your accounts at Capital Bank and other institutions to gain insight into your entire financial picture, all in one place.

India's central bank said Thursday that the banks and financial institutions it oversees will no longer be allowed to work with cryptocurrency exchanges and other related services.

Back on 5th December, the PBOC issued a statement saying that bitcoin was not a currency and, therefore, banks and other financial institutions were not allowed to deal with the digital currency.