Sentences with phrase «money transactions by»

The total value of mobile money transactions by users of the service at the end of September this year reached...

Not exact matches

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.

The FT predicts that Facebook, with 250 million users, could be a huge retail destination but is quick to say that the site has «no current plans to organise the storefronts into an online mall, or to make money from them by either taxing the transactions, or by offering its own virtual currency.»

IPwe will make money by charging a fee — in basis points — for use of its technology and IP transactions that end up occurring on it.

With the money he had now after the Zip2's acquisition by Compaq, he started an online payments transaction company the X.com.

Germany's largest bank received a subpoena from Mueller several weeks ago to provide information on certain money and credit transactions, the person added, confirming a report by German daily Handelsblatt published on Tuesday.

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.

University of London anthropologist Graeber starts by taking exception to one of the fundamental received wisdoms of economics: that our monetary structures evolved from barter - based transactions, through the invention of money and use of coin, to the development of credit systems of increasing complexity.

Even if your online transactions don't involve money or billing, you're still a fair target just by being connected to the internet.

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

Although transaction fees are dwarfed by the sums private - equity firms make from money - management fees or from selling companies through initial public offerings, they can represent a nice chunk of cash.

However, rather than rely on a central monetary authority to monitor, verify and approve transactions, and manage the money supply, Bitcoin is underwritten by a peer - to - peer network akin to file - sharing services like BitTorrent.

If anyone tried to game the system by erasing an old transaction (so he could re-use the same money again) or adding an unwarranted new one (transferring the same money as before, say), he would be promptly found out, his proposed log discarded, and the transactions rejected as invalid.

It does this by conducting money market transactions.

If that sounds similar to how Bitcoin bills itself — as a cryptocurrency that «uses peer - to - peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network,» — you're on the money.

Federal regulation prohibits you from making more than a total of 6 transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sale purchase transactions with a banking card, by preauthorized or automatic agreements, telephone, or online.

It has no central authority, so managing transactions and issuing money are carried out collectively by the P2P network.

As transactions involving a very small sum of money have been made unfeasible by the current financial institutions, Bitcoin micropayments have become the best alternative to use in exchange for something made available online.

In doing all of this, participants of the Yodse platform would be assisted by the existence of transit account where the customer's money will be held until the completion of the transaction.

Traditionally, one trusted authority (usually a bank) holds an accurate ledger of how much money each customer has, and electronic transactions are made possible by rewriting the ledger of the sender and recipient simultaneously.

Universal use of money in almost any transaction between individuals has become their tool to remove any trade that was not controlled by them

This is possible to be happening, given that the traditional financial industry, kept in itself, without being able to see that there are new ways of doing transactions, until the idea of money created by the blockchain - bitcoin technology emerged, this left the industry on the verge of despair.

Virtual currency transactions are vulnerable to money laundering / terror financing risks, thanks to payer and payee anonymity compounded by the lack of an authorized monitoring authority.

But previously there were people who were spending spamming the block chain with lots of transactions basically trying to create a need for a block size increase by spending money to use up all the blocks space.

Nonetheless, if transaction charges are someway linked to bitcoin costs, as proposed by coinmetrics, not a lot could be mentioned concerning the present state of affairs till the foreign money breaches its earlier all time excessive as soon as once more.

Whereas Bitcoin seems to extend transaction throughput by way of progressive options comparable to SegWit and Lightning Community and using «off - chain» applied sciences, Bitcoin Money seems to extend capability on the base layer, or «on - chain», of the protocol by way of periodic blocksize will increase.

However, in the framework of prevention activities for the legalization of incomes, received by criminal way and financing of terrorism and financing of proliferation of weapons of mass destruction, banks will have to identify suspicious financial transactions of customers that can be associated with buying and selling tokens for Belarusian rubles, foreign currency and electronic money.

Every transaction costs you money and affects the compounding of returns and dividends which you benefit from by holding investments for the long - term.

The perversity is that since the client is charged for every transaction, by doing nothing they are saving the client money.

By doing so, Tanner instructed CoinDesk, litecoin money hopes to make use of the free coin giveaway as a springboard to create a community quicker than bitcoin, with decrease transaction instances.

Withdrawal transactions from savings and money market accounts are governed by federal law and, if transaction limitations are exceeded, the account could be reclassified as non-interest bearing.

«Liquidity» is defined by economists as money available in all forms to be given out as debt, ranging from credit card debt to mortgage debt to large quantities of institutional debt typically used in complex financial transactions such as highly leveraged corporate acquisitions.

Since is is backed by an actual fiat currency, it allows the users to move their preferred fiat money in and out of a certain exchange efficiently and in a cheaper transaction rate.

When an Abra Teller processes a «deposit» transaction, they are not actually transmitting money between two parties, they are only selling bitcoin to their customers (who may have this bitcoin converted by the app on - the - fly into the currency of their choice).

Cash advances, ATM transactions, Convenience checks, Fees charged by us (for example, annual fees, interest, and related service charges), Payments made for prepaid and reloadable cards such as certain gift cards, Visa Buxx ®, and similar cards, Payments made for payment instruments that can readily be converted to cash (for example, travelers checks, money orders, wire transfers, and similar products or services).

«We will only process fiat currency - based transactions,» he said, referring to currencies that are issued by governments as legal money, such as the U.S. dollar.

Federal regulations prohibit you from making more than a total of six transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sales purchase transactions with a banking card, by preauthorized or automatic agreements, by telephone or online.

AUSTRAC will up the ante in its case against the Commonwealth Bank of Australia, with the transactions regulator expecting to file fresh allegations on Thursday that it breached the law 100 additional times while facilitating banking by criminal syndicates involved in money laundering and terrorist financing.

We believe that decentralised digital currencies like Bitcoin will fundamentally change how the world views and uses money: cheaper, faster and safer transactions; more privacy and financial freedom; a significantly better user experience; and ultimately, more equality by giving everyone in the world access to the same financial system.

This is a measure taken by the company to ensure that the traders» money is safe, regardless of the transaction being carried out.

In short, the Bitcoin protocol grows as a money technology, is adopted by mainstream institutions, and begins to serve as the backbone of many Internet transactions.

As Internet purchases rise — U.S. e-commerce revenue increased 15 percent in the first quarter from a year earlier, according to the U.S. Department of Commerce — more would - be thieves are trying to find ways to intercept transactions facilitated by online payment providers, steal information transmitted in the process, or dupe buyers into sending money to phony companies.

«Foreign exchange transactions are not handled electronically and online in any Iranian exchange shops, because the related directive passed by the Money and Credit Council does not give them such a permit,» Saeid Mojtahedi, the head of the Iranian Association of Moneychangers, told Fars News website.

The common denominator is the measure of anonymity these digital currencies lend to transactions, their unrestricted access from anywhere on the globe and the fact that they can be exchanged for money without being otherwise regulated by any central entity.

Such individuals can also act as a living escrow account by holding a buyer's money until the virtual currency transaction has been completed.

The government often serves as the mediator in this transaction by taxing the rich, and then running the money through a vast array of bureaucracies until eventually, a small portion of what was given finally makes it to the nameless masses of poor people, many of whom do not even need the aid, are taking advantage of the system, or could otherwise work but choose not to.

He is outraged by what he finds - commercial transactions, including the changing of money and the selling of birds, and the use of the temple grounds as a shortcut.

wenger has made the club profit this window i would have though as well all incomings have been covered out goings and other revenues coming in like c / l monies and squad releases wages being saved i bet we are in a + balance if we went through it properly we do nt know what the budget is so it could be worst there now way wenger has spend # 100 not even # 70 million transfers ospina = covered by the sales of miquel and monies made from cesc to chelsea so nothing really spend there debuchy = covered by the vela money chambers = covered by the vermalen sale # 11 million only goes up to # 16 if he does well in certain circumstances sanchez = covered by the c / l monies and no doubt what we are owed on previous player sales i.e cesc to barca and song monies still outstanding welbeck = covered by wages being freed up and the rest of outgoing transactions and previous player sales being owed so there we have most likely recoup most if not all of our transfer monies back and shafted and lied to puma and the emirates about spending there monies in sponsorship on tranfers and pocketing in» profit» aprox # 60 - 70 million of the transfer funds to boot wenger hang your head in shame

In this new version of the game, money has been replaced by debit cards and a card machine which cleverly handles all the transactions.

«Although ESD in - house counsel typically handle document production pursuant to request by subpoena, the amount of money involved in these transactions is large,» the authority memo states.