Sentences with phrase «needed for a bank»

The company is looking to raise up to $ 19 million through the sale of its own coin — OMG, short for Omise Go — which will be used to power a network that lets users transfer money and make payments without the need for a bank account or high service fees.
A peer to peer cash with payments without the need for a bank is widely seen as the most innovative and disruptive way forward for our society.
BitShares aims to fill this void by offering users access to a stack of financial services without the need for a bank account or similar services.
The need for extra care in this situation is obvious, the more so when it has to be accommodated with an equally compelling need for the Bank to say more about monetary policy issues in the interests of raising public understanding of them.
It's almost impossible to hear it without conjuring all sorts of romantic images of the Wild West circa 1852, when Henry Wells and William Fargo formed Wells, Fargo & Co. to fill a growing need for banking and rapid delivery services.
Access to debit functions, such as direct deposit, and online bill pay, without the need for a bank account
«These changes aim to reinforce the need for banks to exercise prudent underwriting and proper due diligence when originating insured mortgages,» the Office of the Superintendent of Financial Institutions (OSFI) said in a statement.
You may not be able completely eliminate the need for a bank loan, but you certainly can minimize.
Citizens already use mobile to send and receive micro-payments in everyday life, bypassing the need for bank accounts.
Bitcoin, a peer - to - peer exchange system that essentially eliminates the need for banks, has seen a huge uptake with businesses adopting related features as consumer interest
The cherry on top is that transactions are conducted in a peer - to - peer method, without the need for a bank or third party to oversee it.
A peer to peer cash with payments without the need for a bank is widely seen as the most innovative and disruptive way forward for our society.
Simply put — the Blockchain is an unalterable public ledger where every single bitcoin transaction is recorded, enabling peer - to - peer payments to be made without the need for a bank or other third - party.
Bitcoin was launched in 2009 as the world's first cryptocurrency with the aim to provide a decentralized digital payment system that anyone can use without the need for a bank or any other financial intermediary.
«Simply put - the blockchain is an unalterable public ledger where every single bitcoin transaction is recorded, enabling peer - to - peer payments to be made without the need for a bank or other third - party».
Several experts have been noting the need for banks to start holding cryptocurrencies.
The main purpose of this technology is to enable people trade and invest without the need for banks or any other financial institutions.
What cryptocurrencies have done is remove the need for a bank, or a financial institution, or a government to provide that trust.
Since there is no need for a bank account to get started with Cryptopay, you can easily order a debit card, get it shipped to you for free and withdraw your money in an instant.
Doing so would save it some of the fees usually associated with going public and avoid the need for a bank to underwrite the IPO.
He also pointed out that the asset is striking fear into the hearts of bankers precisely because Bitcoin eliminates the need for banks.
Requested documents from real estate agents as needed for banks, reviewed documents for accuracy and submitted to loan servicers for expedition of short sale approval
This fully stocked compilation lists authorization letters of various kinds, whether you need it for a bank, travel, or medical purposes.
Pay Using PayPal: Send money securely in a few clicks, with no need for bank details.
Bob Davis, executive vice president of the American Bankers Association, says those elevated risks, plus the need for banks to check on due dates for taxes and insurance and to remind customers, justify extra charges when loans have no escrow accounts.
How to build your private finance pool so you will never have need for banks again, and how to build into your transactions «flexibilities» so that your finance package can stand the test of time

Not exact matches

To start, he needed both people and funds — futuristic home doodads don't invent themselves — so he secured $ 12.5 million in subordinated debt financing from the Business Development Bank of Canada and Quebec's Fonds de solidarité FTQ, with flexible five - year payment terms (the latter a reward for years of solid financial management).
To open a bank account for your LLC, you'll need your Articles of Organization (or similar document), the LLC's EIN, and generally two forms of identification.
But with the space in need of the credibility a large, regulated bank can bring, the conditions for Wells Fargo's new small business loans may actually be perfect.
Canada's Big Six banks themselves are less likely to feel the need to innovate, insulated as they are against the competitive agitation of fintech companies by their market position and regulatory balustrade, and cognizant that Canada's venture capitalism industry — usually the fuel for fintech — is far less fulsome than America's.
Perhaps most importantly, banks are starting to understand the need to provide a better experience for customers.
Robert Walker, vice-president of ethical funds and ESG Services at NEI Investments, says banks are recognizing the need for fair compensation.
But with money after Christmas still being a little tight, this emergency vacation needs to be cost - effective if it's going to work with your bank balance and savings plan for the year ahead.
You need money in the bank before you write a check, and you need value in the bank before you ask for something.
«A lot of people are banking on it to make up for the first - quarter number, it needs to deliver... I really think that that number might be the trigger point on does this market have the legs to go higher.»
«We need to complete the banking union,» he said, «Completing the banking union means slightly different things for each member of the Eurogroup.
Bank loan: You'll need excellent business and personal credit to qualify for an SBA - backed bank lBank loan: You'll need excellent business and personal credit to qualify for an SBA - backed bank lbank loan.
Wells Fargo has declined to comment, though a spokesperson for the company told Fortune that the bank «is honored to serve the financial needs of military servicemembers and veterans, and we take very seriously our responsibilities under the Servicemembers Civil Relief Act.»
What's more, to qualify for most bank loans, your company will need to have been in business for at least one to two years and meet annual revenue requirements — to name just some of the criteria required.
What this means is that the bank needs to consider the potential consequences of enabling America's debt addiction, and at the very least, provide a strong safety net for borrowers who get into trouble.
Worries about rising inflationary pressures - and the need for central banks to tackle them - sent markets into a tailspin this month.
I just chose not to because I'm looking for the right VC partner or fund or bank, one that has the technical aptitude I need, as well as the strategic and financial aptitude.
Since no one was required to sign with a pen, there was no need for paper documents to pay taxes, open a bank account, obtain a mortgage, pick up a prescription, or perform most of life's other tasks, other than marrying and divorcing.
The unlimited time off policy takes away the need to bank days off along with all the wasted effort of having to «jockey» for vacation time.
If I needed just a few more points, I could have also opened a SKYPASS Visa card issued by US Bank — it only offers a 15,000 point sign - up bonus, but almost as soon as I created a Korean Air Skypass frequent flyer account online, I started getting targeted offers in the mail for a 50,000 point bonus.
Now, lending for purchase is rebounding, and the banks need those purchase volumes to compensate for the fall in the previous staple: refis.
If you're looking for a bank loan, you'll need to stress your ability to generate sufficient cash flow to service loans.
Ranson, who has led HomEquity Bank for the last 19 years, credits the company's success to keeping pace with the changing needs of its customers.
«The need to repay TARP capital is what depresses [community banks»] lending ability,» says Rob Klingler, an attorney for Bryan Cave, a global business litigation firm, in Atlanta.
Some banks take the moral high ground and don't back vice businesses, but many banks have an appetite for risk and just need better guidance,» says Brudner.
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