Sentences with phrase «back by the banks»

Unlike modern fiat money, Bitcoin, which has often been called «cash for the Internet,» is not controlled or backed by any bank or central government authority, like the Federal Reserve, for example.
This China Food and Drug Authority approval (CFDA), expected within weeks, is significant for any number of reasons — not least being that the company has flagged it expects to land take - or - pay contracts, backed by bank guarantees, from Chinese counter-parties (the second milestone).
If you would buy stock in National Bank, you should feel comfortable buying an ETF backed by the bank's credit.
By affecting a Balance Transfer of your personal loan, the current balance of the loan amount will be paid back by the bank offering the Balance Transfer and a new EMI will be inducted as per the lowered rate of interest.
Ireland's contribution to total returns was held back by its banking sector, as mentioned previously.
Ireland was held back by banking sector, which lent too much on Irish residential property, amid other errors.
The loans offered through ReliaMax are backed by banks and alternative lenders and can cover all school - certified educational costs.
If you stop paying one credit card, that bank will stop usage on any other credit card which is backed by the bank.
The FSCS scheme is backed by the Bank of England's Deposit Guarantee Scheme and is designed to ensure your deposits are protected should a bank become insolvent.
Because once the market crashed, these $ 300,000 properties dropped in value significantly, sometimes as low as $ 50,000, and were taken back by the banks!
The bank loans to brokers were backed by the bank's own deposits, or loans from the Federal Reserve.
Most people are familiar with bitcoin and wary of its somewhat anarchic roots, but Ripple is one blockchain tech backed by banking stalwarts... and it is already being used.
However, if these transactions are backed by banks, there would be an easier means of keeping an eye on them.
The long - term goal of such companies is to create a blockchain network to rival public blockchains like Bitcoin and Ethereum, backed by banks.
Blockchain technologies that allow enterprises to set up their own private blockchain apps and ledgers, are being offered by traditional tech vendors (IBM, Microsoft, for example), to startups (Ripple, Digital Asset Holdings) and they are also being developed by consortiums like Hyperledger (backed by the Linux Foundation) and R3 (backed by banks, IT vendors, others).
Lenders on short sales SPECIFICALLY state they first give verbal approval and then you will get the signed contract back by the bank.
Most people acknowledge the secret «shadow inventory» that's still being held back by the banks.
Have confindence knowing that every single transaction is backed by bank level security and encryption.

Not exact matches

The nearly $ 2 billion project is backed by $ 1.4 billion in funding from the Chinese government and banks and is being built by Chinese construction crews.
• AccessOne, which is backed by Capital One Bank and Frontier Capital, agreed to acquire HealthFirst Financial, an Oregon, Ohio - based provider of patient financing programs for healthcare organizations.
I have been told that if you have paid by credit card and don't receive any goods, you can claim back from the bank if submitted within 60 days.
Backed by the Royal Bank of Canada, CI Investments and others, Aequitas is designed to level the playing field between high - frequency traders and everyone else.
It's the kind of platitude you might expect from a new boss, but Cormier and his team are backing it up by refocusing the bank's sprawling organizational structure so it empowers employees.
At least in the short term, the bank was expected to be the most affected by the new law, which lowered the corporate tax rate and introduced measures designed to encourage companies to bring overseas profits back to the US.
• Banker's Toolbox, an Austin, Texas provider of software for community banks and credit unions backed by Accel - KKR, acquired Integra Systems, a provider of customer due diligence and OFAC scanning services.
(i) Assist companies in determining and interpreting their ratio (revenue stream number one); (ii) Sell the data back to companies to compare and explain ratios among their peers on an industry - by - industry basis, because average worker compensation for Bank of America will be different than that of Apple, for example (revenue stream number two); and (iii) Sell the data to labor groups to assist them in collective bargaining (revenue stream number three).
Since 2007, Canada's largest banks have enthusiastically issued something called covered bonds, which are backed by residential mortgages.
There are three primary types of small - business loans: bank loans backed by the Small Business Administration, microloans from nonprofit lenders and loans from online lenders.
Though the European Central Bank has been encouraged by the economy's momentum, it's still pursuing crisis - era stimulus policies to get the annual rate of inflation back to its goal of just below 2 percent.
Backed by MasterCard's MasterPass system, the banks» apps will allow customers to load their debit and credit cards onto their smartphones, then use them to make transactions at merchants who have tap - and - pay terminals.
Near the end of last year, Fulcrum BioEnergy closed on a $ 105 million loan guarantee through Bank of America backed by the U.S. Agriculture Department.
Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks.
Back home, Liberal party members were elated when he was recently touted as a possible leadership contender (a notion quickly quashed by the central bank).
The 1,603 - page bill, negotiated by Republican and Democratic appropriators and leaders, drew Democrats» ire when they discovered it would roll back the Dodd - Frank law due to go into effect next year by killing planned restrictions on derivatives trading by large banks, allowing them to continue trading swaps and futures in units that benefit from federal deposit insurance and Federal Reserve loans.
• Alogent, which is backed by Battery Ventures, acquired Jwaala LLC, an Austin, Texas - based provider of digital banking solutions for U.S. financial institutions.
Recently, it made the move into RegTech by leading the investors in backing the US - based open banking platform Token, which raised $ 15.7 million in a Series A funding round in April.
In what was possibly a preemptive move by the company, the Wells board of directors decided to take back $ 41 million in stock - based compensation from Stumpf along with just over $ 16 million in stock options from former community - banking head Carrie Tolstedt.
BUDAPEST / PRAGUE, May 2 - The Czech crown firmed on Wednesday, boosted by expectations of hawkish central bank comments, while other Central European currencies hovered near multi-month lows set in the previous session on the back of a dollar rally.
The company's aim is to «simplify banking» by helping financial institutions obtain operational excellence by providing them with fully integrated «front - to - back - office» software.
Halliburton is in late - stage talks to acquire a fast - growing U.S. oilfield equipment supplier backed by Oklahoma energy and banking billionaire George Kaiser, according to sources familiar with the matter.
The upstart trading and exchange company, backed by financial heavyweights like the Royal Bank of Canada and Barclays, is now accepting applications from companies and issuers of investment products, offering an alternative to the Toronto Stock Exchange.
Non-performing loans are loans made by banks or shadow banks to companies or citizens that haven't been paid back, or where interest payments haven't been made.
Just over a month ago Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG, and State Street joined UBS and BNY Mellon in a project to launch a cryptocurrency — the «utility settlement coin» — set for a limited back - end run by 2018.
The banks that originally backed the $ 465 million loan to AEP, personally guaranteed by McClendon, include Goldman Sachs, Jefferies & Co, Morgan Stanley and Credit Suisse, according to Thomson Reuters data.
The credit boom has been fueled by strong economic growth, a robust property market and a crackdown on riskier shadow lending, which has forced banks to shift some loans back onto their balance sheets.
Last month, Dimon prevailed at the bank's annual meeting when only 32 percent of shareholders voted in favor of a proposal — backed by activist groups after the «London Whale» trading losses — to strip him of the chairmanship.
Earn, which was originally backed by Andreessen Horowitz, and Tyler and Cameron Winklevoss, can compensate users in any country for replying to an email or completing a simple task, even if they don't have a bank account.
The bank will get its money back on fees and interest and, in the extreme case, by repossessing the equipment.
Ripple is backed by a number of big international banks and financial institutions.
On the other hand, another survey by Bank of America and Merrill Lynch showed that 65 % of firms polled said they would use the new gains to pay down debt, 46 % would buy back stock, and just 35 % would spend on capital expenditures.
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