Sentences with phrase «payments system developing»

Although blockchain implementation might reduce the bank's revenues from money transferring fees, it would reduce expenses for a cross-border payments system developing and cybersecurity.

Not exact matches

Many merchants have spent years developing their own in - house systems, which differ in format from the system adopted by Apple and the payment networks.

Investors can participate in the potential of companies such as TIO Networks Corp. (TSXV: TNC), an expedited bill - payment processor, which recorded $ 36.5 million in revenues in 2011, an increase of almost 50 % over the previous year, and Verisante Technology Inc. (TSXV: VRS), a medical device company that commercializes cancer detection systems using a platform developed by the BC Cancer Agency.

Despite a rapidly developing economy in Kenya, widespread use of cell phones, and the home to one of the most successful mobile payment systems in the world, more than three quarters of Kenyans don't have regular access to electricity.

He referenced the accomplishments of members of the PayPal Mafia, such as co-founder of the online payments system Elon Musk, whose companies Tesla Motors and SpaceX have gone on to develop the kind of innovations Thiel is hungry to see.

According to James Faucette, who covers U.S. Communications Systems and Payments, by the end of 2018, about 97 % of the developed world — up from just 25 % today — is likely to have access to domestic real - time pPayments, by the end of 2018, about 97 % of the developed world — up from just 25 % today — is likely to have access to domestic real - time paymentspayments.

Nearly five years after payments company Square launched in Canada, it is introducing support for Interac debit cards for businesses using its point - of - sale system and has developed a contactless chip reader to facilitate those transactions.

Omise plans to open - source its mobile wallet technology, and develop a decentralized payment system using the blockchain and OMG, which Ethereum's ERC20 token standard.

The British Virgin Islands - based company will use the funds to develop a multi-blockchain system and digital currency designed for mass - market consumer payments, much like Visa or Mastercard.

Ripple, which has been developing private blockchain solutions for the global payments market, claims that it originally agreed to the option contract in order to encourage R3, a consortium of banks working to build a blockchain - based «operating system for financial markets,» to sign a «technology partnership agreement,» essentially a commercial partnership.

The winners include Laura Deming, 17, who is developing antiaging therapies; Faheem Zaman, 18, who is building mobile payment systems for developing countries; and John Burnham, 18, who is working on extracting minerals from asteroids and comets.

Bitwage took advantage of bitcoin's flexibility as a currency to develop an entirely new and innovative payroll that works outside the traditional financial system and empowers international wage payments.

This article develops a model, based on balance - of - payment identities, of the new international monetary system (Bretton Woods II or BWII).

There will be exceptions, like I said, where merchants don't want to accept credit cards but for the most part, the opportunity really lies where payment systems are less developed.

The European Commission's Payment Services Directive II requires banks to open their back - end systems to application programming interfaces, or APIs, developed by third parties such as fintechs.

Developed by BitPay, a leading cryptocurrency payment system, Copay is considered to be one of the most secure wallets that is easy to use for beginners and anyone that uses their Bitcoin on a regular basis as a form of payment.

The Cupertino, Calif. - based technology giant is in talks with several big U.S. banks to develop a digital payments system that would let people send money to each other via their phones, similar to services offered by PayPal and its subsidiary Venmo, according to multiple people familiar with the talks.

While its very large e-commerce has been a strong driver of the rise of alternative payment providers in the country, Citi points at a number of other factors that have facilitated the rise of those third - party payment companies, among which an under - developed banking system viewed by the public as quite unreliable (unsurprising given how tightly controlled banking is in China, which has stifled customer - oriented innovation), and «relaxed regulation.»

WeCareCoin plans to implement and develop the WCC blockchain use into a preferred payment / exchange eco system for the Precious Metals Miners, Dealers, Distributers and related Retail and End User Businesses worldwide.

Efficient payment system that is developed in partnership with major e-payment clients, ensuring a clean and efficient process for you and your customers.

«Fairtrade is about delivering greater benefits of trade to farmers in the developing world — fair payments, a sustainable environment and just working conditions,» said Hans Theyer, Executive Director of Fairtrade America, the U.S. representative of the international Fairtrade system.

Bank of Ghana will continue to play a facilitating role to further develop the payment systems infrastructure, take proactive actions to safeguard the security of the financial market infrastructure and customer funds, and promote an enabling environment for innovative products and services to thrive.»

He said the Bank of Ghana will continue to play a facilitating role to further develop the payment systems infrastructure.

e. Any incentive for teachers included in a compensation system developed and implemented by a local school division must meet the following criteria: 1) designate incentive payments as a range or tiers for target groups, such as differentiating between the teacher of record or teachers in support positions; 2) have a maximum payment to a teacher of $ 5,000 per year; 3) prorate payments for teachers who have taught for less than a full school year; and 4) performance evaluations for participating teachers must be completed in a timeline that provides sufficient time to distribute incentive funds to teachers and submit reimbursement requests to the Department of Education no later than June 1, 2015, for the first year and June 1, 2016, for the second year.

The mobile has a newly developed security system that provides Payment security, communication security and data security.

DT is working to develop an international payment system for Europe and the United States.

The VantageScore system was developed by Experian, Equifax and TransUnion and it considers things like your payment history, the amount you owe and the age of your accounts.

If you're constantly forgetting to pay bills on time, develop a system to help you stay on top of payment due dates.

A new credit scoring system is being developed that aims to create a more complete depiction of a consumers financial standing, which will include payday loan applications, rental payments in collection and judgments for child support, phone bills, property tax liens, and utility bills, among many others.

Regardless of what costs are actually charged, it should not be hard to see which system is most (real cost) efficient once electronical payments are well developed.

In a system where electronic payment is well developed you can consider the following 2 scenarios:

Once the registration is made by the client in the hotel reservation system we develop, it automatically redirects the client to a secured payment gateway.

Even if he doesn't formally pull out of the climate treaty process, Trump could, for example, cancel payments pledged by the United States to a Green Climate Fund set up in 2010 to help the poorest developing countries build resilience to climate hazards and develop clean - energy systems.

The City of Philadelphia, which launched its Indego bike share system in April 2015, used this funding to install 20 stations in underserved neighborhoods, develop a cash payment option, create a discounted pass program, and implement marketing, education and outreach programs focusing on low income Philadelphians.

They have developed a system to collect payments for work (balancing supply and demand moment to moment) that is normally the domain of power plants.

By these criteria, promising approaches across both industrialized and developing countries include policies that combat the loss of public forests to natural disturbance agents, and «Payment for Environmental Services» (PES) systems that provide an incentive for the retention of forest cover.

She was told that the direct payments to TERI included # 120,000 for developing an energy security policy for India and # 76,000 for the design of renewable energy credit system for India.

Developing an Infrastructure Fund for the Planet explored how ecosystem service payments and markets in carbon, water and biodiversity are quickly becoming a key solution to the urgent environmental problems of climate change, fresh water pollution, biodiversity loss, soil erosion, and destruction of our coastal and marine systems.

Our hardware teams design and develop robust electro - mechanical systems for our on - street payment solutions that power bike share systems around the world.

Gifford is a former litigator who now works at Ripple Labs, a startup company that develops systems to help banks make direct payments and fund transfers to each other.

In the field of retail banking, his practice has centred on developing strategies for clients to deal with mass consumer mobilisation and he is also an expert on payment systems.

Andrew Ip is the Chief Auditor of Octopus Cards Limited, which developed and operates the Octopus payment and ticketing contactless stored facilities system commonly used in Hong Kong, also overseas.

Richardson, an author of e-commerce books and former executive director of the Canada - Japan Trade Council, said Microsoft has been working on developing such an ID system as well as an on - line payment scheme referred to in the industry as Microsoft dollars.

The origins go back to when he had worked on a project for the Dutch Government, to develop an expert system knowledge tool to support unemployment benefit payment decisions.

Burke represented Vocalink, the UK - based international payment systems provider, on potential collaboration with National ITMX, Thailand's main interbank payments provider, to develop mobile payments in Thailand.

For businesses that develop the payment systems, there are of course profits if the systems are widely adopted — and often the systems facilitate transactions with other businesses of the developer itself.

Digicash was the most innovative system developed by a well - known cryptographer David Chaum to make possible anonymous payment — really anonymous — yet capable to prevent fraud and double spending — a pure marvel.

Last week, the exchange integrated the bitcoin wallet Copay developed by the payment system BitPay.

XRP, the virtual currency based on the Ripple blockchain payment system, was developed to facilitate cross-border payments between institutions.

If Facebook can lure creators with its 2 billion - plus user audience and virality, plus its new payment system, it could develop a wide array of video content for video game enthusiasts to watch.