Sentences with phrase «enables issuing bank»
This piece of technology enables issuing bank (the one that is responsible for digital money) to convert traditional paper or «bank money» into digital cash and send it directly to your Billon app.
http://www.the-blockchain.com/ Not exact matches
«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»
Now Bank of America is using banking technology to open branches with no tellers — called robo - banks — that enable customers to video chat with a banker if they need to discuss any complicated issues.
That being said, credit, debit, and bank = issued cards are starting to enable NFC capabilities as well, as consumers seem to prefer this method of contactless payments.
SMFG issued no new shares in connection with the listing, but the ADR program will enable the Japanese bank to respond to merger and acquisition opportunities, such as the purchase of US banks.
Last week, Cuomo officials designated the three banks that contributed the campaign funds — JPMorgan Chase, Citigroup and Bank of America — as the dealers for a $ 33 million bond issue, enabling the firms to reap lucrative fees.
This now means any MasterCard PayPass - issuing bank globally will be able to deploy MasterCard PayPass - enabled accounts to the SIM card of these smartphones.
The customer may contact the card issuing bank immediately on noticing the loss so as to enable the bank to block such cards.
To solve this issue, BofI offers fee - free access to FinanceWorks, a tool that enables you to track all your banking accounts, credit cards, loan accounts and investment portfolio.
The recent regulations issued by the Reserve Bank of India (RBI) have enabled the banking sector to work as insurance brokers.
James Anderson, Group Executive, Digital Payment Products, MasterCard, talks at Mobile World Congress about the partnership with Flipkart, the first merchant in the Asia Pacific region to launch «Mastercard Digital Enablement Services (MDES) for Merchants», how it will enable the card issuing banks to replace Mastercard credit, debit and prepaid card primary account number (PAN) numbers with secure digital tokens, and how the tokens offer enhanced security and customer experience.
The platform would enable the NSD to issue a cryptocurrency and cryptocurrency wallet available for banks, pension funds and retail investors, one which would also enable the exchange of those assets for fiat currencies.
Already successfully used in Europe and Canada, covered bonds allow banks to raise funds by issuing pools of high quality assets as eligible collateral to investors, enabling these financial institutions to extend vital credit to businesses.