Sentences with phrase «as an issuing bank»

This process includes multiple parties such as an issuing bank, a merchant bank, a payment processing entity, as well as the consumer and merchant involved in the sale.

In contrast, accounts that guarantee at least the return of your original balance — like certificates of deposit or money market accounts — are always covered, as long as the issuing bank or credit union participates in deposit insurance.

Most credit card companies allow you to transfer balances by providing them with information, such as the issuing bank, account number, and approximate balance.

In contrast, accounts that guarantee at least the return of your original balance — like certificates of deposit or money market accounts — are always covered, as long as the issuing bank or credit union participates in deposit insurance.

Unlike Visa and Mastercard, Discover is both a credit card processing network and an issuer, with Discover Bank acting as the issuing bank rather than partnering with outside banks.

Not exact matches

Wells, the third - largest U.S. bank by assets, discovered the new issues as part of a review by a third - party consultant as required by the regulatory settlement.

Nathaniel Karp, the chief economist for BBVA Compass, a midsized bank headquartered in Alabama, issued a report last week that voiced some of those concerns — as well as potential solutions for banks.

Expect the bank's charter to resurface as an issue in the next president's term.

Bank of America is also aware of the Coinbase issue and will refund any fees assessed as a result of the erroneous charges, but denies responsibility for the mistake, according to a person close to the bBank of America is also aware of the Coinbase issue and will refund any fees assessed as a result of the erroneous charges, but denies responsibility for the mistake, according to a person close to the bankbank.

In the lending world, the players at the upper end of the market include the banks and monoline firms, such as First National Financial, which issue mortgages but do not take deposits.

Earlier this year, the Bank of Canada revealed it has also been studying Ethereum, and UBS has been considering it as a way of issuing bonds.

After remaining silent on the issue during Stephen Harper's reign, the central bank now is providing intellectual cover for the government as it confronts doubters ahead of its first budget.

«As a Catholic Church bank, we feel strongly responsible to participate in tackling the issue of climate change,» Tommy Piemonte, the bank's sustainability research officer, said in a statement.

So while there are certainly arguments to be made in favor of a rules - based Fed over the pure discretion of the current PhD standard, such reform should not be viewed as a solution to the real issue, which is a central bank having a monopoly on money at all.

If I needed just a few more points, I could have also opened a SKYPASS Visa card issued by US Bank — it only offers a 15,000 point sign - up bonus, but almost as soon as I created a Korean Air Skypass frequent flyer account online, I started getting targeted offers in the mail for a 50,000 point bonus.

Our supply chain issues got better, especially after we bought a $ 150,000 freezer as a winner of the Mission Main Street Grant from Chase Bank.

Banks retreated on home loans, issuing few purchase mortgages, and relying on the booming refi market for fresh business as rates plummeted.

Meeting the capital requirement is why many analysts believe Scotiabank is looking to sell its headquarters in downtown Toronto, and the bank could raise as much as $ 1.65 billion by issuing new shares this year.

As a result, First National Bank of Omaha will not renew its contract with the National Rifle Association to issue the NRA Visa Card.

Intended only as a collector's item, the digital coins won't be issued with a view to entering into circulation and can't be used as legal tender, the bank said.

Yet there are persistent structural issues that continue to haunt entrepreneurs, such as the marked drop - off in bank lending to small businesses.

Bottom line: My recommendation for Canadian issues is to concentrate in the banks and other financials, utilities and telecoms at the expense of other sectors such as consumer staples and consumer discretionary stocks.

Stumpf testified last month that he was not aware of the sales problem until the fall of 2013, shortly before the L.A. Times article, but the bank's board and other senior executives had knowledge of the issue as far back as 2011.

Bank shareholders will need to ponder these issues, among others, as they weigh a set of proposals the AFL - CIO office of investment is now adding to bank proxies for next yBank shareholders will need to ponder these issues, among others, as they weigh a set of proposals the AFL - CIO office of investment is now adding to bank proxies for next ybank proxies for next year.

So there's that, and the worry would be that future issues with any European bank could be resolved in an as - yet - unknown way with respect to which bondholders take losses and which don't.

As my colleague Maria Aspan reports in the September issue of Inc., frustration with the archaic and predatory ways of big banks is fueling a wave of innovation in financial tech.

While there is no central bank that issues them, bitcoins can be created online by using a computer to complete difficult tasks, a process known as mining.

«There are issues with the medium or smaller banks... Our review may not be as intensive, we will have to see what measures they have put in place once we get there,» Tedesco said in an interview.

Another issue is that the bank usually advises that the company split its stock as many times as it needs to to get the price per share down to around $ 10 before it goes public, logic being that people like to buy in round lots (100 share purchases) and $ 1000 is a workable number for most people.

During periods of adverse changes in general economic, industry or competitive conditions, such as we experienced in calendar years 2008 and 2009, some of our vendors may experience serious cash flow issues, reductions in available credit from banks, factors or other financial institutions, or increases in the cost of capital.

Meanwhile, the FDIC on Nov. 19 issued a financial institution letter for banks it supervises saying that activities operated by a state - chartered bank's LLC subsidiary do not require formal FDIC approval as long as the activity is permissible for a national bank.

At around the same time, the first deputy governor of Russia's central bank proposed a virtual currency that would be issued on behalf of all EAEU nations as well as the BRICS countries: Brazil, Russia, China, India, and South Africa.

Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

One possible source of the equity premium (meaning shares are more expensive to issue than bonds) is a central bank as lender of last resort - even in the absence of taxes, bankruptcy, etc..

He went on to say that he had asked other officials with the bank «to study the market and get to know what the issues are» so that its leadership can be informed as they consider crafting «some very concrete pronouncements» on the matter.

At some point in 2018, Bank Indonesia (the country's central bank) will reportedly trial a state - issued cryptocurrency, which is being referred to by Indonesian media sources as the «digital rupiah.&raBank Indonesia (the country's central bank) will reportedly trial a state - issued cryptocurrency, which is being referred to by Indonesian media sources as the «digital rupiah.&rabank) will reportedly trial a state - issued cryptocurrency, which is being referred to by Indonesian media sources as the «digital rupiah.»

You can gauge the interest in responsible investing simply from the increase in shareholder proposals being filed about ESG issues and the exponential growth in the number of questions being asked by institutional investors, researchers and clients - and as a CEO, I have to make trade offs that may not be in the best short term profit interest of the Bank but are viewed in our best long term interest.

Although commercial banks mostly rely on capital from deposits from customers, such banks may issue notes and bonds as long - term capital resources.

The «bank for central banks» has released a paper on the possible impact of state - issued cryptocurrencies, as well as arguments for and against the introduction of such monetary instruments.

Senior bank executives have apologized for opening accounts customers did not request, but characterized the issue as limited to relatively few customers and employees in the retail bank.

The bank official described state - issued cryptocurrency as another possible solution to this problem, opining that, «Central banks around the world are examining (the use of digital currencies) so we should as well.»

Because of the Durbin amendment, as of October 1, 2011, debit interchange is capped for transactions (21 cents, plus 5 basis points -LRB-.05 %), plus an additional penny for issuers that qualify for fraud) for debit cards issued by banks and credit unions with $ 10 billion in assets or more.

The Bank of Korea's research report «Present Status and Key Issues of Distributed Ledger Technology» will serve as a reference manual for long - term strategy and research on distributed ledger technology.

As regulators squash bitcoin exchanges and token offerings, officials from the PBoC maintain interest in creating a central bank - issued digital currency.

There is also no way to guarantee that a BitLicense will be issued, as New York's Superintendent of Banking possesses significant discretion as to whether to approve a BitLicense application.

Bank of England governor Mark Carney said this week that the G20 needed to consider how easily digital coins should be converted into other central - bank issued currencies, as well as the role of anonymity, as «a lot of the underlying use of these currencies has been illicit activity&raqBank of England governor Mark Carney said this week that the G20 needed to consider how easily digital coins should be converted into other central - bank issued currencies, as well as the role of anonymity, as «a lot of the underlying use of these currencies has been illicit activity&raqbank issued currencies, as well as the role of anonymity, as «a lot of the underlying use of these currencies has been illicit activity».

They chided the bank for not being regarded as a leader on issues like guns and livable wages.

If there is any planning to be done with regard to the banking and financial system, the central issue of mathematical economics as applied to the financial sector should focus on how economies should cope with the tendency for debts to mount up until a crisis erupts?

While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.

Carney, who became governor on July 1, issued forward guidance on interest rates during his previous job as head of the Bank of Canada — the idea being that people would be more likely to borrow if they knew rates were going to remain low.