Sentences with phrase «many financial transactions»

In the smallest businesses, the owner may need to oversee all financial transactions to ensure that everything is checked and double checked.

Anonymous currency or financial transactions without sufficient oversight have the potential to allow for an endless number of criminal and dangerous transfers of wealth and contraband.

TEHRAN, Iran — Iran's Central Bank has officially banned the use of cryptocurrencies in financial transactions in order to prevent money laundering and terrorism, a newspaper reported Monday.

An Iranian newspaper says the country's Central Bank has officially banned the use of cryptocurrencies in financial transactions in order to «prevent crimes such as money laundering and terrorism.»

You want to designate one person to be in charge of any financial transactions, so that there is no confusion after the show is over.

Commonwealth Bank of Australia chief executive Ian Narev has admitted the bank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified by Australia's financial transactions regulator don't reflect cultural shortcomings under his watch.

I highly recommend against carrying out any kind of financial transaction while you're connected to a public network.

It is an emerging area of intense interest for banks and other financial companies as well as technology developers, with potential uses in a range of financial transactions including securities settlement and payments.

People like to hear factual information, especially if they're going to consider a financial transaction with your company.

It is the first non-investment product for the Toronto - based digital wealth management firm, marking a further step into the banking realm as Canadians increasingly do their financial transactions online.

Establish an audit trail system that will allow for complete reconstruction of all financial transactions following a cybersecurity event

With more than 200 staff in factories and offices in Quebec, New York, London and Asia, the firm creates custom - made products for its customers, primarily banks looking to recognize important financial transactions and employee contributions.

ROME (AP)-- Italian authorities detained 38 people in a crackdown on a migrant trafficking ring that used a Rome cosmetics shop as a base for illegal financial transactions, officials said Monday.

Ezetap's mobile payment platform aims to give these companies the means to complete any financial transaction with a customer, no matter what technology they want to use.

In 2003 the CITT ruled that cross-border reinsurance contracts fell under the class of financial transactions that were exempt from GST.

Indeed he is, as Flutterwave promises to change the way financial transactions take place in Africa, by offering easy exchange of digital currency, that opens Africa up to the world.

«Blockchain technology, which is the backbone of digital currency, has the potential to disrupt financial services by reducing the cost and complexity of financial transactions, while also augmenting transparency,» he said.

You will need everything from a well - furnished reception area and customer - friendly employees to reliable accounting software, a fax machine and an efficient system for carrying out financial transactions whether in the form of physical cash, checks or credit cards.

As a policy move and a boost to the economy, a financial transactions tax would help this effort.

The payment processors lied to banks about the nature of the financial transactions they were processing, and covered up those lies, by, among other things, creating phony corporations and websites to disguise payments to the Poker Companies.

Trump will then fly to Beijing where, according to senior administration officials, he will try to convince a reluctant President Xi Jinping to squeeze North Korea further with steps such as limits on oil exports, coal imports and financial transactions.

LinkedIn could (eventually) make money by taking a cut of any financial transactions between parties (as Fiverr does), by charging service providers a fee to be featured more prominently in certain categories, or in a myriad of other ways.

The move comes at a time when Maduro's socialist government is in the midst of a crackdown on domestic freedoms and Caracas» financial transactions have been hamstrung by Western sanctions.

Meanwhile, the unsecured creditors committee, which includes Mattel, LEGO Systems, and Simon Property Group, plans to investigate financial transactions made before the Chapter 11 filing, lawyer Kenneth Eckstein said on Tuesday.

«The blockchain is an incorruptible digital ledger of transactions that can be programmed to record not just financial transactions but virtually everything of value,» say Don and Alex Tapscott, authors of Blockchain Revolution.

«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital currency for the same reason — by doing so, transactions can be automated and guaranteed without recourse to third parties, such as a bank.»

«Mueller recognizes that Russian organized crime and sophisticated financial transactions involving them are going to be right at the center and Page is definitely a leading expert there,» Scott Horton, a US lawyer with experience working in eastern Europe and the former Soviet Union, told The Guardian.

-- Barry L. Star, CEO of Wall Street Horizon, a provider of corporate event intelligence, and recipient of a U.S. patent for «Systems and Methods for Integrating Financial Transactions»

Berry advises that businesses should conduct financial transactions only with trusted institutions and never to send an advance fee for a business loan.

Brazil is one notable example of this, where new taxes were levied on financial transactions that were pressuring the Brazilian real,» he said.

Q: Is your company beginning to do complicated financial transactions?

Because the consumer is the one to authorize the wire transfer, protections covering unauthorized financial transactions don't apply.

A wide variety of technology businesses are currently focused on streamlining financial transactions, for both merchants and consumers.

It also lets you turn on an audit trail, which records changes to any financial transactions as well as who made the change.

It does, however, prohibit financial transactions that support drugs, pornography and «psychic services.»

In business, when you're going into very serious transactions with someone, financial transactions, it's important not to play a game or hide behind behind some made up identity.

Now imagine applying that AI to multi-million-dollar trade deals or other financial transactions stock transactions or real estate deals.

Yet 53 percent of respondents say monitoring financial transactions is challenging, and 81 percent trust banks and credit card companies to catch fraud for them.

Given all the changes over the past three decades, Davidoff citing a study of the impact of New York financial transaction taxes from 1932 to 1981 is interesting from a historical perspective but not much more.

According to the Times, a BlackRock report «has calculated that if the financial transaction tax were set at 0.1 % per trade, an investor putting $ 10,000 in its global equity fund would lose more than $ 2,300 in expected returns over a 10 - year period.

Blockchain can be used to secure everything from financial transactions to voting and medical records.

The traditional process used to settle accounts and clear trades is «slow, archaic and high cost,» said the CSE's chief executive Richard Carleton, particularly compared to the other instant financial transaction systems used today, such as digital payments.

A power of attorney for financial transactions might help — but not if the paperwork your agent would need is in the box.

With data being the company's main currency, Google is far more interested in the information it can glean on users from their financial transactions than it is in a gaining a few percentages of a penny on each purchase.

Large corporations already conduct many financial transactions electronically, or they will soon.

The Paris - based group, which counts Switzerland among its 35 member states, on Tuesday issued findings from a year - long review of the Alpine country that has long been associated with shady financial transactions and as a haven for clandestine deal - making.

But while Bitcoin is a currency, Ripple is an internet protocol that allows for financial transactions in any currency.

«On a day - to - day basis almost all your financial transactions would take place electronically, including invoicing your customers, receiving their payments, and authorizing your own payments to suppliers and tax authorities,» speculates Raymond S. Sczudlo, a partner and banking specialist in the Washington, D.C., office of the law firm Weil, Gotshal & Manges.

The company is also teaming up with the fintech startups Stellar.org and KlickEx Group to use blockchain technology to process financial transactions across borders and currencies — a process which is often prohibitively slow and costly for small business owners, especially when they are in developing regions with smaller banking infrastructures.

The indictment stated that the company's virutal currency «was designed so that criminals could effect financial transactions under multiple layers of anonymity and thereby avoid apprehension by law enforcement.»