Sentences with phrase «institutions as middlemen»

Not exact matches

The consumer protection bureau directly oversees lending institutions that provide car loans with dealers acting as middlemen.

It is also known as crowdlending, and it bypasses the typical middleman of lending, the financial institution.

For example, think about how long it can take for a bank to settle a cross-border payment, or how financial institutions have been reaping the rewards of fees by acting as a third - party middleman during transactions.

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.

It states that it has been able to save reasonable sums that it would have paid to financial servicing institutions who would have under normal circumstances served as middlemen (something blockchain avoids), and charged them about 3.5 %.