Sentences with phrase «payments system innovations»

«Although the Federal Reserve generally monitors developments in virtual currencies and other payments system innovations, it does not necessarily have authority to directly supervise or regulate these innovations or the entities that provide them to the market,» Bernanke said in a letter.

Not exact matches

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.

And Apple's retail innovation is far from over — some are already predicting its mobile payment system, Apple Pay, will revolutionize the way we shop with our phones.

Apple described it as a «patent troll with no active business other than patent litigation», which had previously demanded payment from «everyone from truckers and farmers to roofers and dairies... Apple invents products that revolutionise industries, and relies upon the US patent system to protect our innovation.»

Ripple has been cited by the Central Bank of Netherlands to be one of the tangible solutions and blockchain innovations that can raise the efficiency of payment systems.

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.»

If anything, currency growth appears to be on a steady downward trend, perhaps reflecting technical innovation in the payments system.

Commenting on the innovations, Mr. Razak Opoku, said the implementation of E-Kiosks powered Solar Energy (Solar Power Systems) introduced by Mr. Ameyaw and the Board will serve as the receiving point for payment of Light Bills, Water Bills, GRA Revenue Collections as well as Banking Transactions.

However, most gaming innovations rely on old - fashioned payment processing systems.

Many new innovations, including voice - activated payments, «chat bot» payments that allow customers to make purchases in messaging apps, and even payment systems in cars are designed to make consumers spend more.

Jacoby & Meyers» innovations include being the first U.S. law firm to advertise on television, accepting credit card payments, charging flat fees and using computer systems to track cases.

Finally, the commenter said, inclusion of specific data elements allowed to be Start Printed Page 82617disclosed for banking and payment processes rule would stifle innovation in continually evolving payment systems.

Incoming Fed Chair Jerome Powell has also weighed in on the matter, arguing that «innovation not come at the cost of a safe and secure payment system that retains the confidence of its end users.»

Lightning networks are considered a promising innovation in the Bitcoin space, which would make the Bitcoin system much more scalable and able to process transactions at a high rate and low cost, and are suitable as an alternative to existing payment networks.

yetta (ÿ) is a global monetary innovation advancing the current state of the art in digital currency, peer - to - peer payment systems, and decentralized smart contract applications.

NORTHAMPTON: Financial innovation in payment systems has led to the development of innovative payment systems and digital currencies.

JPMorgan in the bitcoin bible points to the merits of distributed ledger technology for accelerating cross-border payments, pointing to «reward tokens or funding systems for other blockchain innovations and the internet of things.»

Across the board, property management firms are implementing a variety of cost - and time - saving innovations, ranging from electronic rent payment to Web - based systems that enable tenants to submit maintenance requests online.