Sentences with phrase «international payments networks»

Although sanctions on Iran are not as heavy as they used to be before the 2015 nuclear deal with the West, Iran is still mostly cut off from major international payment networks such as Visa and Mastercard, and services such as PayPal.
Combining payment cards and wireless technology, financial technology companies like Paypal, Stripe and Wirecard are connecting the world of international payment networks.
The group saw bitcoin's efficient and international payment network as opportunity to provide cheaper remittances one of the largest remittance markets in the world.
Blockchain would achieve those savings, the authors argued, by bypassing the existing international payment networks, which are slow and expensive.
Under the terms of the agreement, American Express users making non-card payments to U.K. Santander accounts over AmEx's International Payment network will have those payments processed through Ripple's blockchain, resulting in an almost instantaneous validation and settlement.
The paper notes that international payments remain slow and expensive, and significant savings can be made by banks and end - users bypassing existing international payment networks, and suggests that distributed ledger technology could reduce banks» infrastructure costs attributable to cross-border payments, securities trading and regulatory compliance by between $ 15 billion and $ 20 billion per annum by 2022.
International payments network SWIFT is looking to build its own distributed ledger platform, a new report reveals.

Not exact matches

In November, Ripple said American Express FX International Payments and Santander would use Ripple's network for cross-border payments between the U.S. and Payments and Santander would use Ripple's network for cross-border payments between the U.S. and payments between the U.S. and the U.K.
When he landed Nortel Networks as a customer, he was overjoyed, despite the international company's payment terms: net 45 days.
Encore facilitates a wide range of FX services from competitive spot transactions and rates; international payments to suppliers through the most reliable and cost effective payment networks; long - term risk management strategies to mitigate the risks a company is exposed to when conducting business in foreign currencies.
In November, Ripple said American Express FX International Payments (FXIP) and Santander would use Ripple's network for cross-border payments between the U.S. and Payments (FXIP) and Santander would use Ripple's network for cross-border payments between the U.S. and payments between the U.S. and the U.K.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
This payment gate is holding the largest payment network in Vietnam with 29 domestic banks and 02 International Card Manufacturers Associations.
As payment technology evolves from hardware to software, we are at the forefront of that change giving our customers the opportunity to adopt the latest trends quickly in a rapidly changing environment,» said Paul Clarke, Group Head, Product and Innovation at Network International.
Today's announcement is aligned with Network International's mission to enable commerce in the region by introducing innovative payment technologies and solutions for easier, safer and secure payment transactions.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
The global payment processor and network with several other international products under their umbrella.
With more than 100 years of experience, 24 offices across Europe plus an international network covering 160 additional countries, we can help speed up late payments and collect unpaid invoices.
In its 2005 report, Mr Hoedeman's group details payments by ExxonMobil to two organisations the International Policy Network, which received $ 130,000 and the Centre for the New Europe (CNE), which received $ 50,000.
In Ecuador, the Team brought in experts from the Environmental Law Center of the International Union for Conservation of Nature, and RISAS, a Quito, Ecuador - based PES network for an open forum and closed - door meeting with Ecuador's Ministry of Environment on how to use payments for ecosystem services and carbon trading to foster forest preservation.
Mr. Howland was formerly a partner in the intellectual property practice at Jones Day, where he spent more than 15 years representing clients in patent and trade secret litigation in federal courts around the country and before the International Trade Commission on matters involving: ◾ Semiconductor manufacturing ◾ Analog and digital circuits ◾ Microprocessor, memory, and network architectures ◾ Wireless communications ◾ Software ◾ Payment systems, encryption, and network security
Advising Warburg Pincus and General Atlantic on their joint acquisition of, and the acquisition financing relating to, a 49 per cent stake in UAE - based Network International, the leading payment solutions provider in the Middle East and Africa.
In 2015, the Universal Air Travel Plan (UATP), a payment network owned by a consortium of major international airlines, partnered with Bitnet to accept cryptocurrency payments for its more than 260 member airlines.
RippleNet, a global blockchain solutions network, announced Wednesday that it has expanded its services into international financial markets, including India, Brazil and China, demonstrating the increasing need for streamlined payment transactions across borders.
2013 will be the year for critical mass understanding of the importance of friction free international payments and I predict Bitcoin will become a global payment network.
According to Steves, the value of the blockchain technology market is also growing due to international remittances — the sending of payments overseas is currently estimated at half a trillion dollars per year — «fat protocol» layers that increase in value as the applications grow, and throughput scaling efforts, such as the Lightning Network, which «appear on track to deliver scaling that accommodates higher transactions / second, ultimately driving higher utility and network value.Network, which «appear on track to deliver scaling that accommodates higher transactions / second, ultimately driving higher utility and network value.network value.»
The NEM Foundation, developers of the peer - to - peer NEM blockchain platform providing payments, messaging, asset creation and more, today announced a strategic alliance with Blockchain Global, one of Australia's leading blockchain companies operating international auditing and network infrastructure services.
Additionally, American Express, Santander, and FX International Payments plan to deploy their cross-border transactions between the United States and the United Kingdom onto Ripple's network.
, Ripple partnered with some of the world's largest remittance providers such as MoneyGram to process international payments on its blockchain network.
Payments made by American Express» business customers on its FX International Payments (FXIP) platform will now be routed through Ripple's enterprise blockchain network, RippleNet.
BUX, an Australian incorporated company specializing in mobile wallet solutions offers an app based global payment network for the «international migrant» and «under - banked community.»
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