Sentences with phrase «payment settlement»

The statement was made in a new consultation report on the technologies used to run the region's securities and payments settlement systems and how they can be improved.
His expertise in accidents related to my case resulted in a «full payment settlement» by the opposing responsible insurance company.
Today Mizuho Financial Group announced it is working with IBM to use blockchain technology for payment settlements using the bank's own virtual currency in a project that will explore how payments can be instantaneously swapped.
ECOM will be used as a method of payment settlements across the platforms.
Ripple also reported on several important partnerships with Western Union, which is testing the payment blockchain system xRapid, and with the Central Bank of Saudi Arabia, which will use Ripple's other product - xCurrent - for instant payments settlements.
The judgment is of particular importance, because it is the very first ruling of the EU Courts affirming that pharma pay - for - delay agreements (or reverse payment settlement agreements) may be subject to competition law scrutiny.
But, myself, along with the negotiating skills of the credit repair company, renegotiated payment settlements with lower interest rates.
Initiated outbound collection calls to customers with past due accounts and negotiate payment settlements
Self - securitisations are also used to cover payment settlements that occur outside business hours via «open repo» transactions with the RBA.
allow debt settlement companies who negotiate installment payment settlements to be paid before the debts are fully discharged;
The New Castle County Department of Community Services offers first - time homebuyers the Down Payment Settlement Program.
Congress in 1982 passed the Periodic Payment Settlement Tax Act, which established structured settlements to provide long - term financial security to accident victims and their families.
The Beijing branch of the People's Bank of China (PBoC) announced on Wednesday that it will continue it inspections in collaboration with the Beijing Municipal Bureau of Finance and the Municipal Bureau of Industry and Commerce, while the central bank's Department of Business Management will lead inspections on payment settlements, anti-money laundering, foreign currency management and financial security.
Since Bitcoin is turning more and more into a corporate controlled payment settlement layer for Blockstream members, users are looking at alternatives to fulfill the goals that Bitcoin initially set out to solve.
That means that digital content providers on the Wiper network will no longer have to wait for a week to two to receive their payments, unlike Google or AOL advertising networks, which require 5 to 10 business days as a minimum payment settlement period for users.
Many multinational corporations are already relying on their services to navigate the often unreliable and inefficient payment settlement systems that plague the African financial ecosystem.
Accepting precious metals and cryptocurrencies as a payment mode is bound to lower down transactional fees of RYB yacht charters and sales as well as diminish time lags involved in payment settlement caused mostly due to banking delays.
The netting services amount to a new line of business for CLS, which traditionally uses its own payment - versus - payment settlement service linked to the real - time gross settlement systems of 18 currencies.
XRP can be used by banks to source liquidity on demand in real time, and also by payment providers to lower foreign exchange costs, provide faster payment settlements, and expand reach into new markets.
The only reason why the prices are still low is that the three payment settlement software which is used by Ripple does not use XRP coins.
In a blog post on Linkedin, Dr. Avtar Sehra, founder and CEO of Crowdaura indicated that Crowdaura was currently working on a private chain setup using open source protocols for niche closed industries, and an open source layer to use public Blockchains, such as Bitcoin or Ethereum, to issue securities and execute Delivery Versus Payment settlement and dividend administration using fiat currency.
Metronome, according to the team some no - brain uses of the tech include decentralized store of value across Blockchains, advanced payment settlement such as Mass Pay — allowing users to send tokens to multiple addresses with one action (missing on the Ethereum network).
As online merchandise continues to expand, these products that improve the convenience of payment settlements are becoming more widely embraced, leading to significant growth of the entire crypto ecosystem as is reflected in the market capitalization and volume of trade within the markets.
In a new report, the European Central Bank (ECB) has said it is investigating blockchain use within its securities and payments settlement systems.
Let us take care of the complete royalty calculations and the payment settlement of your authors.
A $ 200 million payment settlement is not sufficient to demonstrate the potential of the blockchain technology.
The two key differences between Cardano and Ethereum are that Cardano uses a proof - of - stake (PoS) consensus algorithm and it also has two layers that are used for smart contracts processing and payment settlement.
Also within Spark are all the rules for payment settlement and reversals, and the secure exchange of KYC / AML - related information to meet compliance obligations.
Banks can use XRP to source liquidity in real - time on demand without any need to fund nostro accounts in advance, while payment providers use it to reduce the cost of foreign exchanges, improve the speed of payment settlements, or reach into other markets.
While a money transfer between two parties in different African nations routinely costs more than 10 percent of the transaction's value, and central bankers are sometimes not resistant to the temptation to print more money, Bitcoin has extremely low costs as a payment settlement network and has a monetary policy that is essentially controlled by the users of the digital currency.
In an interview with Bloomberg Merch declared that the ECB's new TARGET Instant Payment Settlement (TIPS) system is «better» than the blockchain.
Other news headlines today... Singapore - based Attores issue certificates and diplomas on the blockchain; MasterCard development site now features three APIs connected to its internal blockchain work, including offerings focused on smart contracts and payment settlement; Zee News Business Head in India hinted that Bitcoin could reach...
According to Wu Xiaolin, the PBOC should be in charge of regulating bitcoin exchanges because the businesses involve certain aspects of anti-money laundering (AML), foreign currency management, and payment settlement.
Monitored daily interaction including follow - up and payment settlements; prepared commission calculations between credit union and Travelex month end figures.
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