Sentences with phrase «instead of financial institutions»

With peer - to - peer lending, loans are financed by real people instead of financial institutions.

Solving the issue of trust comes at the expense of convenience and scalability, as the process of picking random validators so that the network can verify transactions instead of financial institutions, «takes time, is expensive, and consumes tremendous amounts of energy,» Martin said.

The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction.

You make monthly payments to the seller instead of a financial institution or mortgage lender.

Not exact matches

They also showed agreement, albeit to a lesser extent, with Flaherty's alternate proposal of an embedded capital tax, where financial institutions could convert debt to equity to aid the financial institution in the event of a crisis instead of using taxpayer dollars.

Instead, the Financial Choice Act would offer the industry other types of relief: Institutions would have to undergo fewer stress tests to prove they could survive another economic disaster and they would get more information upfront about what they would be judged on, for example.

Instead of borrowing money from financial institutions, you can give a slice of your company to investors in exchange for capital.

The financial institution won't be dealing with blockchain - based bitcoin or any other altcoin, instead, it intends to launch its own virtual coin for speeding up the processing time of a transaction and facilitating the profit from art objects.

Instead of increasing or reducing the availability of credit by adding to or subtracting from the supply of Fed deposit balances, the Fed now loosens or tightens credit by controlling financial institutions» demand for such balances using a pair of new monetary control devices.

Instead, Fed asset sales will, other things equal, cause private financial institutions to reduce their holdings of assets other than balances at the Fed, so as to retain the same ratio of Fed balances to other assets.

By raising its administered rates, the Fed encourages other financial institutions to maintain larger balances with it, instead of trading those balances for other interest - earning assets.

They bought enormous amounts of mortgages and other debt instruments, and they drove down interest rates to virtually zero to ensure that the large investment banks and financial institutions survived — forcing retail investors to participate in high - risk securities such as equities and corporate debt instead of stashing their money in banks.

Instead, it takes a fee from financial institutions by way of facilitating their loan products to customers.

This includes the following: Purchases made by swiping your Card, Internet purchases, Phone or mail order purchases, Bill payments (other than to us or another financial institution), Contactless purchases (purchases you make by holding your Card or other device up to a secure reader instead of swiping your Card) The following transactions are not Qualifying Purchases and will not earn points: Payments of existing Credit Card balances, Balance transfers.

The argument is that individuals could opt out of Ripple at some point when they do not want anything to do with financial institutions and banks and instead turn towards one on one dealings without the need for intermediaries.

A credit union is similar to a local bank, but instead of being a small business, it's a cooperative financial institution owned by its members.

Place funding it is not intended to align exactly with the number of pupils or students in an institution at any given time, but instead provides a base level of funding for institutions and financial stability for institutions to help with stability of provision and planning.

Unlike more conventional private student loan structures, their loans are backed by a network of private lenders instead of via a national financial institution.

Instead of wasting time and energy trying to persuade a bank to give you a loan with a poor credit history, investigate certain financial institutions that actually provide bad credit loans as one of their services.

Instead, have your new financial institution transfer in the contents of your old TFSA.

The Office of the Superintendent for Financial Institutions (OSFI) will instead allow banks to go on making decisions based on the homeowner's payment record.

Instead, they have preset arrangements with most financial institutions, many of which lower interest rates and fees, so more of your payment goes toward the balance rather than finance charges.

Instead of borrowing money from financial institutions, find ways to improve your income.

Instead of paying interest to various credit card companies or financial institutions, we earn interest on our savings.

Consumers are more likely to trust their money to larger financial institutions instead of taking the chance on a smaller, less known company even if the price and features appear to be better.

One reason they can respond so quickly is due to the proprietary qualification criteria used instead of the standard credit score — and another is that someone is available 24/7 to evaluate applications, unlike a standard bank or other financial institution.

For those who are interested in using the policy for infinite banking, the work around would be to use the cash value as collateral with a separate financial institution, such as a local bank, instead of borrowing form the life insurance company.

The added bonus is that our borrowers pay interest to those who lent them the money instead of to a financial institution.

Financial institutions bankruptcy holds out the possibility of market discipline instead of an extensive bureaucratic regulatory system.

Peer - to - peer (P2P) loans are made by individual investors instead of traditional financial institutions, with the accrued interest going back to the investor.

Since many financial institutions are raising overdraft fees, it may be cheaper to choose a payday loan instead of incurring fees.

To keep track of a balance, instead of contribution room, financial institutions have to report it immediately and CRA should keep a running tally because a taxpayer could withdraw from one account and contribute to another.

However, instead of the loan coming from one of Canada's chartered financial institutions, it will come from a private individual or institution.

When people don't know exactly what's going on with their money, that's an opportunity for financial institutions to profit off of ignorance — and we think it's time to shed a light on hidden fees and let the investors profit from that information instead.

Instead of that he supplies a marketplace by increasing the market makers, traders, financial institutions and banks and entering in rival bids and offers into the platform inside or outside of the market «s diffusion.

Private student loans are just what they sound like — student loans offered by private financial companies and institutions instead of the federal government.

When applying to refinance your student loans, you're working with a private financial institution (instead of a public entity like the U.S. Department of Education).

an announcement to introduce framework legislation in the Fall for the introduction of Pooled Registered Pension Plans — workplace defined contribution pension plans administered by financial institutions instead of employers;

Mastercard is a technology company in the global payments industry that connects consumers, financial institutions, merchants, governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks.

For those who are interested in using the policy for infinite banking, the work around would be to use the cash value as collateral with a separate financial institution, such as a local bank, instead of borrowing form the life insurance company.

So instead of asking for you $ 20 (which is the true cost) you will be overcharged by $ 80, which will then be put into a financial institution consideration.

Instead of solely looking to capitalize on the increased efficiency promised by moving aspects of the financial workflow to a blockchain, Liang said those institutions have begun to increasingly want to capitalize on the crypto assets themselves.

Zelle has the ability to get more traffic because it's linked to financial institutions, which means people can make payments using their bank apps instead of downloading a separate app like Venmo.

In an attempt to know more, ECO contacted the central bank, which didn't address Santander Totta's blockade, but instead just restated that bitcoin has no central authority controlling it, and that, given the lack of regulations, no cryptocurrency - related business has to register with the financial institution.

Instead of persuading commercial banks and other mainstream financial institutions for funding, owners of cryptocurrency projects take them directly to the public market.

Whilst the rest of the cryptocurrency community is very much united in wanting to do business beyond the reach of banks, Ripple is instead working with traditional financial institutions, which are signing up in increasing numbers.

Instead of relying on centralized institutions, like banks, to serve as intermediaries or middlemen for financial transactions, bitcoin created a way for people to send money directly from Person A to Person B.

Instead she is going to sell the idea of blockchain as «nothing more than a fancy kind of database» to major banks and financial institutions.

The ICOs make attempts at raising fast money, to get around regulations, by getting individual investors instead of banks and financial institutions or venture capitalist like most companies would typically have to.

Instead, consider the objective a place to present your brand, a one or two - sentence summary of who you are and what you bring to the financial institution.