Sentences with phrase «more traditional financial services»

By adding functionality and terminology that is similar to an existing service, online banking, Kelley noted that he hopes to remove the complexity and pain points associated with bitcoin transactions, instead using the technology as a backbone for more traditional financial services:

Not exact matches

And in the case of financial institution a relevant place to apply it would be where it's important for a particular product or service to have either more trust from third parties or to engage third parties in building a network without a traditional intermediary.
A blockchain used in financial services could be private, or a hybrid model between the decentralized vision and a more traditional centralized model that bankers are used to.
But «in those countries and corners of the financial system where the traditional services of money are inadequately supplied, Bitcoin (and cryptocurrencies more generally) may offer viable alternatives.»
By decentralizing its network, Omise hopes to offer a more level playing field for fintech startups — providing services that exceed traditional credit card networks — and ultimately increase financial inclusion.
If an investor's situation involves complex financial planning issues that extend beyond allocating investments and related services, they might be better served with a more traditional advisor who provides advice in areas such as estate planning.
More specifically, he voiced his belief that regulation in the US will not adversely affect BitFury as it does not perform the functions of a traditional financial services provider, instead only mining bitcoin and selling computer hardware for such operations.
For financial service providers, these trials are even more critical, especially when bridging the gap between traditional finance, blockchain, and digital assets.
Disappointed now that you don't work in the financial service industry, used to follow you closely on how to pair clothes, with a new career in marketing, your outfits became more relaxed and doesn't fit the traditional work outfit.
My personal experience shows that most Banks and Financial Services organizations tend to opt for more traditional approaches to offer learning.
As such, their foray into traditional «banking» services could signal the natural evolution of integrated financial services that might encroach on more than just the online investing space here in Canada.
Robo - advisors is the term given to any number of automated investing services that have popped up in recent years that aim to make investing easier, more affordable and in some instances negate the need for a traditional financial or investment advisor.
For a little more ($ 800 or so) you can get a complete financial plan — a service that often costs between $ 1,500 to $ 4,500 at most full - service planners for traditional plans done face - to - face with a fee - for - service planner, often in their office.
After working with a traditional adviser for more than a decade, Ken Chin - Purcell, 57, decided to move his money to Personal Capital, a hybrid service that combines digital financial tools with human advisers.
By requiring traditional asset managers to step up their game on ESG factors, they will help drive more of the financial services industry to consider sustainability issues in all investments.
Surprisingly, it's not high tech, but rather more traditional industries: financial services, manufacturing and health care.
Added to that is the threat of «disrupters» to the financial industry such as mobile payment and digital wallet services such as Apple Pay — which is taking bites out of bits and pieces of the more lucrative areas of traditional banking business.
The role of a financial services disputes partner is now about so much more than just traditional litigation.
However, with competition from new legal services providers, it is even more important for traditional firms to deliver financial stability and commercial success.
From our offices in Washington, DC, Los Angeles, Miami, New York, Atlanta, Dallas, London and other key commercial centers, we have advised policyholders with traditional and emerging insurance products in virtually every sector of the economy, including financial services, utilities, energy, natural resources, health care, chemicals, pharmaceuticals, consumer products, telecommunications, technology, e-commerce, manufacturing and more.
While the unbanked is a long way off from having easy, cost - effective access to financial services, the blockchain is promising to empower these population segments with greater financial services access and engagement by picking up where more traditional fintech has left off.
But «in those countries and corners of the financial system where the traditional services of money are inadequately supplied, Bitcoin (and cryptocurrencies more generally) may offer viable alternatives.»
By neutralizing the threat of volatility, LitePay demonstrates to businesses already using BitPay's services something that most blockchain enthusiasts already understand — blockchain technology is more advanced and cost - efficient for financial transactions than traditional methods of payment.
«With today's underwriting reverting back to more traditional, conservative levels, conduit lenders think that on a risk / reward basis, commercial real estate offers a good return,» says Constantine Korologos, managing director in the real estate practice at Deloitte Financial Advisory Services in New York.
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