Sentences with phrase «platform for financial institutions»

It provides a platform for financial institutions and other financial players for trading.
While Ripple delivers a cross-border transaction platform for financial institutions, Stellar could well go one step further and take a firm grip on the retail space.
As an open source protocol, Ripple resides at the bottom of the payment stack, serving as a platform for financial institutions and develops to transact and build on.
It provides a platform for financial institutions and other financial players for trading.
Her unrivalled expertise in regional cybersecurity and information protection issues, cross-border data transfers, fintech and IT software attracts a diverse range of clients and projects, from advising airlines and luxury brands on data centre solutions and launching instant messaging platforms for financial institutions, to implementing pan-Asia cyber compliance systems for global fashion houses and conducting multijurisdictional data privacy audits for fast food chains.

Not exact matches

• Elsen, a Boston - based platform - as - a-service company for large financial institutions, raised $ 2.4 million in a seed extension round led by Hyperplane Venture Capital and was joined by investors including Accomplice and Launch Capital.
SecondMarket's online auction platform has more than 10,000 participants, including global financial institutions, hedge funds, private equity firms, mutual funds, corporations, and other institutional and accredited investors that collectively manage more than $ 1 trillion in assets available for investment.
Sinnwell says that the Hypur platform provides effective tools to companies that are struggling for credibility and acceptance by financial institutions.
• Finastra acquired Olfa Soft SA, a Switzerland - based cutting edge FX e-trading platform for banks and financial institutions.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
Southeast Asia's largest economy would rather use fintech platforms for their financial needs rather than the country's more well - established banking institutions with regulations being proposed to safeguard investors and borrowers alike, Indonesia's fintech industry is set to expand even further.
FinTech Trends The launch of the blockchain - enabled asset trading platform Nasdaq Linq, Goldman Sachs» filing of a patent for a securities settlement system based on a new virtual currency called SETLcoin, and the continued rise of blockchain banking consortium R3 all point to a race by financial institutions to harness the power of the blockchain.
Financial institutions, the next market for Windward's unique data platform, are hungry for advanced data solutions that can provide valuable trading opportunities by extracting faint trading signals from noisy datasets such as maritime information.»
Launched in 2014, Zhao Cai Bao is a Web - based sales platform for third - party financial institutions.
The workshops facilitate a review of the latest research findings and offer a platform for discussing how financial institutions can respond to the challenges they face today.
P2Binvestor makes it easier for financial institutions and investors to fund the companies they want to through our platform, and we give small and medium - sized businesses access to a marketplace of lenders with the working capital they need.
In a public statement, bitcoin exchange Buda and ethereum trading platform CryptoMKT have asked the Association of Banks and Financial Institutions (ABIF) to «make its position transparent» after a number of Chilean banks reportedly shut down their accounts just for dealing with cryptocurrencies.
«This ruling referred directly to banks, financial institutions and currency exchangers that work with the central bank,» Hadi Nemati, who works for cryptocurrency exchange platform Coinex, told AFP.
Joseph is the co-founder and CEO of Paycase, a universal platform company that enables individuals, businesses, and financial institutions to connect to the Internet of Value for the purpose of cross-border settlement and remittance.
Addressing the launch ceremony for the first phase of the interoperability project in Accra on Thursday 10th May, 2018, an elated Vice President Bawumia praised the «hardworking Ghanaians and Ghanaian institutions» whose efforts had resulted in a platform that provides «a financial transactions engine that is versatile, efficient, robust, and enhances patronage.»
Vice President Bawumia challenged the financial institutions, the telcos and the Fintechs to find very innovative ways of turning mobile phones and the mobile money platform into vehicles of economic emancipation for the many players in the huge informal sector.
United Bank for Africa (UBA) Group, leading African financial institution, has introduced a full - fledged banking platform, tagged UBA Magic Banking and enabled by dialing * 919 # within Nigeria.
Finovera's primary revenue comes from billers who pay them to deliver bills to you (when you sign up for paperless delivery), and from banks and financial institutions who license Finovera's platform for their bank's websites.
The financial institution also has a robust online banking platform for customers to manage their financial lives and each of their Chase Bank products.
In a 2015 press release, LendKey noted that it provides a means for financial institutions to promote their products without creating an in - house online lending platform.
New York, NY — Excelsior Growth Fund (EGF), one of the first nonprofit Community Development Financial Institutions to implement a major online lending platform, and CDCLI Funding Corporation, a regional and national leader in community development, are hosting a three - part financial seminar series for Long Island small businesFinancial Institutions to implement a major online lending platform, and CDCLI Funding Corporation, a regional and national leader in community development, are hosting a three - part financial seminar series for Long Island small businesfinancial seminar series for Long Island small business owners.
Through this platform, Nation 21 has made it much easier for you to access loans without the formalities associated with getting a loan from banks and other mainstream financial institutions.
Home lending has become increasingly competitive as nonbank financial institutions like Quicken Loans have entered the space, touting platforms that let users apply for loans on smartphones and get money faster.
I think it was very important for myself, the curators and the trustees of the museum, the founders of the museum, to really give the creators from Africa an equal playing ground, you know, you have the Whitney Museum of American Art, you have the Tate Britain of British art, you know these are institutions which take as their motivation to collect and record and position artists from their Nations and we felt it was very important for us to be able to create that same platform on a high level, so that our artists can compete in some way and also have the resources, financial, space, logistics, climate control, to be able to give them the freedom to imagine the dreams and visions that they want to execute and they want to make reality.
Our Financial Regulation team provides regulatory advice for a wide range of financial institutions, including government bodies, banks, securities firms, investment managers, alternative asset managers, custodians, building societies, life and non-life insurance companies, reinsurers, electronic trading platforms, stockbrokers, corporate financiers, retail intermediaries, pension houses, payment services firms and peer - to - peer lendiFinancial Regulation team provides regulatory advice for a wide range of financial institutions, including government bodies, banks, securities firms, investment managers, alternative asset managers, custodians, building societies, life and non-life insurance companies, reinsurers, electronic trading platforms, stockbrokers, corporate financiers, retail intermediaries, pension houses, payment services firms and peer - to - peer lendifinancial institutions, including government bodies, banks, securities firms, investment managers, alternative asset managers, custodians, building societies, life and non-life insurance companies, reinsurers, electronic trading platforms, stockbrokers, corporate financiers, retail intermediaries, pension houses, payment services firms and peer - to - peer lending firms.
This software is currently being used at scale by many of the world's leading financial institutions and has broad application to messaging and collaboration platforms used for corporate communications across many other industries.
Net cash used in investing activities in 2011 primarily resulted from continued investment in internally developed capitalized software and the purchase of property and equipment, including approximately $ 2.5 million for data center server and computer equipment upgrades to support our operations and online legal platform, offset in part by a decrease in restricted cash held by a financial institution for banking and credit card merchant services.
As major financial institutions began to show interest in blockchain earlier this year, many were vocal in their praise for ethereum, a public blockchain - based platform for decentralized application development.
Launched in November 2014, Uphold offers ease, speed, affordability and broad access to financial services for people, businesses and institutions, globally with its proprietary platform for digital money.
We're building a lending platform for the crypto community to reap the benefits of the futures market and margin lending without the profits going to traditional financial institutions.
Ethereum continues to be the platform of choice for developers, startups and financial institutions looking to leverage smart contract capability.
For example, PayPal handles backend and fraud risks of payments on its platform, and while Apple has yet to fully detail how its Apple Pay payments platform will work, it wouldn't be surprising if Apple would rather have the backend risk handled by financial institutions.
In the context of the concerning move towards permissioned Blockchains, WAVES will offer financial institutions an open platform fit for purpose and suited to the demands of KYC / AML regulation.
Imagine what will happen when the next three billion people come online and the opportunities for value creation that will follow — particularly in markets where there is no legacy infrastructure in place and decentralized technology can leapfrog financial institutions, real estate, capital markets, identity platforms (and more) as we know them in the developed world.
The Digital Asset Platform delivers flexible infrastructure for regulated financial institutions to share processes and data securely, on a need - to - know basis, without the need for reconciliation.
The platform can be used widely for financial institutions, electronic money and point systems, online games, and logistics.
The new virtual currency, dubbed «utility settlement coin,» would be used for post-trade settlements between financial institutions on private financial platforms built on blockchain technology.
Peculium is the first saving platform for individuals, brokers, and financial institutions.
Other news... The concept of freelancing and bitcoin together are gaining popularity in every part of the world; the US Securities and Exchange Commission (SEC), the agency whose mandate is to create fair and efficient markets, is also now emerging as a public voice in the industry; Russian financial institutions and IT companies and may be poised to overcome skepticism from Russian regulators; Nodio is a project that claims to be a secure blockchain - based router solution with a variety of features and IBM's China division is working with a regional textile printing firm to to develop a platform for trading digital assets tied to carbon emissions.
Since the rollout started, all five major financial institutions have built support for Apple Pay into their mobile payments platform.
The blockchain startup is offering what they describe as a «self - amending cryptographic ledger», a decentralized platform for smart - contract verification and validation, which is primarily focused on banks, financial institutions, and corporations.
Even for a $ 350 billion bank like JPMorgan, the failure to adopt bitcoin and offer services around it will ultimately lead customers and clients to move to other financial institutions that do provide platforms to invest in bitcoin.
Manifold Technology, with the help of its Manifold Liquidity Platform, provides private high - security blockchains for financial institutions and their customers together with real - time analytics, says the company's website.
According to local news outlet El Mercurio, the financial institution decided to, for now, «not operate with companies that are dedicated to the issuance or creation, brokerage, intermediation or serve as a platform for the so - called cryptocurrencies.»
Stratis, for example, offers a blockchain - as - a-service platform targeted at financial institutions and corporations that want to develop business solutions using blockchain technology.
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