Sentences with phrase «by traditional financial services»

Due to badly implemented regulations and fraudulent charge - back issue used by traditional financial services most exchange does not support PayPal, Credit Card and Debit Card transactions.

In addition to facilitating regular investment in the platform's money market fund, this feature allows accounts to be set up to receive monthly salary deposits automatically, and to automatically pay monthly bills such as mortgages and car loans — services similar to direct - deposit and autopay functions offered by traditional financial services providers.

Not exact matches

By decentralizing its network, Omise hopes to offer a more level playing field for fintech startups — providing services that exceed traditional credit card networks — and ultimately increase financial inclusion.

But in a memo to employees announcing the hiring of Mr. Talwar last month, Goldman's chief executive, Lloyd C. Blankfein, and its president, Gary D. Cohn, noted that «the traditional means by which financial services are delivered to consumers and small businesses is being fundamentally reshaped» by technology and the use of data and analytics.

Due to lack of traditional financial services available and also constant need for bitcoins in order to run business, many operators lower sell fees, which is supposed to attract users to sell bitcoins to the machine, so that later bitcoins can be purchased from machine by someone else.

«Business Financial Services has grown rapidly over the last 11 years by effectively serving business owners whose working capital needs are not met by traditional funding sources,» said Marc Glazer, CEO and co-founder of the Company.

But the supposed financial efficiency of charters is muddled by the fact these schools don't have to provide many of the services traditional public schools provide, such as transportation, a hot lunch, and personnel to attend to the needs of students who struggle with English or who have the most challenging physical and emotional issues.

By directly connecting borrowers and lenders, Prosper provides a unique service that allows benefits to both borrowers and lenders and eliminates the high fees and complexities of a traditional financial institution.

Community - based financial institution usually owned by its members that offers traditional banking services like savings accounts and loans, listed on the APRA website as a building society.

By requiring traditional asset managers to step up their game on ESG factors, they will help drive more of the financial services industry to consider sustainability issues in all investments.

It may be early days in Canada for fintechs, a catchphrase for new innovative financial technology startups, and major technology companies that are challenging traditional financial institutions on their turf by offering cheaper and easier - to - use Internet - or smartphone - based services such as payment apps or peer - to - peer lending or digital currencies, but Canada's Big Six banks are paying heed even though they appear to be on solid ground.

By adding functionality and terminology that is similar to an existing service, online banking, Kelley noted that he hopes to remove the complexity and pain points associated with bitcoin transactions, instead using the technology as a backbone for more traditional financial services:

Innovative technological solutions in financial services, artificial intelligence, big data and IoT are leapfrogging conventional solutions put forward by traditional businesses.

While the unbanked is a long way off from having easy, cost - effective access to financial services, the blockchain is promising to empower these population segments with greater financial services access and engagement by picking up where more traditional fintech has left off.

For many weeks, the majority of South Korean investors in both the traditional finance sector and cryptocurrency market have been outraged by insider trading initiated by government officials working for the South Korea Financial Services Commission.

Our P2P loan services will revolutionize traditional credit rating systems used by financial systems and allow you to implement smart contracts for easy repayment.

By neutralizing the threat of volatility, LitePay demonstrates to businesses already using BitPay's services something that most blockchain enthusiasts already understand — blockchain technology is more advanced and cost - efficient for financial transactions than traditional methods of payment.