Sentences with phrase «processed by the bank»

This is a problem for property sales in urgent need of funds but there is no way to speed up this comprehensive process by the banks.

It's a fairly new type of currency, not controlled by any government or centrally processed by any bank or company.

The application for a Personal Loan Balance transfer will be processed by the Bank as for a fresh personal loan application, if it does not satisfy the terms & conditions as per the policy it may get rejected.

If we can't, we will call you back by the end of the day; Third Lie: Go ahead and set up your direct deposits, the issue will be resolved prior to your deposit being processed by our bank.

The price quotes seen by their traders are the same as those processed by the banks on the interbank foreign exchange market.

In the PISP model, your money will still be paid out of your bank account, but the transaction will merely be processed by the bank upon the request of the PISP.

This April saw the start of the compensation process by the banks (1) taking part in the review regarding the mis - selling of interest rate swaps and other interest rate hedging products (IRHPs)(2).

If transactions are initiated post the cut - off time, then they will be processed by the bank on the next working day.

The $ 1.6 billion bitcoin exchange attributed the error to a change in how cryptocurrency purchases are processed by banks.

Keep a record of the several transactions processed by the bank on daily basis by posting accurate accounting entries in record books for every transaction

Not exact matches

Once the banks start utilizing these solutions as part of their lending process, widespread adoption by the small businesses they serve becomes inevitable.

The nation's third - largest bank and largest Small Business Administration lender by dollar volume announced Tuesday it will launch what it calls FastFlex loans for its small business customers, via a quick online application process.

United Bank Card, which is based in Allentown, Pa., now goes by the name Harbortouch and processes nearly $ 12 billion in payments annually for more than 100,000 U.S. merchants.

Many bank customers take advantage of a number of services offered by banks these days, including direct deposit and automatic bill pay, which complicate the process of switching banks.

The company said that debit card information will be stored by Square and that Square will process the payments, transferring money between bank accounts.

That's why the bank launched a $ 300 - million revamp of the national currency last year, which will see Canada gradually convert from paper bills to polymer (using a fabrication process pioneered by Australia).

The IPO process itself was managed by three other investment banks.

In the case of national cryptocurrencies, the blockchain technology would supplant the clearing process now handled by commercial banks, undermining an important revenue stream.

The payment processors lied to banks about the nature of the financial transactions they were processing, and covered up those lies, by, among other things, creating phony corporations and websites to disguise payments to the Poker Companies.

Fintech companies are transforming the banking experience by offering easy payment processes, opportunities to save consumers» money, ways to promote financial services such as investments and planning, and ultimately by driving the industry into the next generation of banking.

Last year, Fang was also tapped by senior management to streamline the bank's deal approval process.

In last year's proxy, the bank acknowledged the issues in Oman's unit: «WFHM's successes were muted by foreclosure process disruptions and related reputational issues.»

While there is no central bank that issues them, bitcoins can be created online by using a computer to complete difficult tasks, a process known as mining.

The specter of Internet fraud has made it tougher for small e-merchants to navigate the maze of credit card processing fees charged by banks.

The specter of Internet fraud has made it tougher for a small E-merchant to navigate the byzantine maze of credit - card - processing fees charged by banks — if it can get an E-merchant account at all.

It's too soon to know whether the pilot program introduced by Adams National Bank — loan officers» making «house calls» to prospective business borrowers and processing credit applications on laptops — will prove to be an enlightened solution to that chronic problem.

When Kasisto is recruited by a bank to build its bot, it begins the process by asking about the bank's brand personality and target audience, to adjust the bot's language and style accordingly.

Those of us who have ever had to stand in line at the bank to deposit a check likely thought it was magic the first time we skipped that process by scanning a check with a mobile app.

People close to the fundraising process, which is being run by two New York - based banks, said there was no certainty that CVC would strike a deal to invest in Vice.

That's all possible because of how these currencies are built: Cryptocurrency transactions are processed and recorded by peer - to - peer networks — not any one individual, bank, or government.

This process can be difficult for business owners whose assets are not valued highly by the bank or are difficult to value or sell.

Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymentsBanking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymentsbanking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for...

Fundation fills a void in the small balance commercial loan market by offering loans to businesses that banks are unwilling or unable to lend to, and those that desire a simplified process, with capital on terms that will enable them to grow.

Right now, the Bitcoin blockchain technology is unable to process transactions at speeds required by banks.

During the visit, Chen mentioned distributed ledger technology as one of the key components to the «development and application of fintech,» and highlighted that he and Xing Yujing, the head of the People's Bank of China Shenzhen Central Sub-Branch, agreed that mainland China should reinforce a solid relationship with the Hong Kong and Shenzhen financial sectors by engaging in «pilot schemes» in order to support «the process of the nation's reform and opening - up.»

By looking at the loan process differently, many lenders, like OnDeck, are making more capital available to small businesses that don't have the required assets needed to collateralize a loan at the local bank.

Despite the blow to banks, Moody's expect them to attempt to offset the lost revenue by raising fees for other products and cutting expenses, though this process will be difficult and the timing is unclear.

Traditional banks are starting to feel the disintermediation pinch by alternative lenders who lack their legacy infrastructure and cost structures and use digital - first, artificial intelligence - powered processes to underwrite risk and extend credit instantly.

Fueled by web - based tools that speed up the application process, a new paradigm for evaluating credit worthiness, and the ability to leverage technology to help them determine eligibility (often in under an hour), these lenders may approve business loans that might be overlooked by traditional banks, and can typically do it in much less time than their traditional counterparts.

For Spotify, the direct listing process will save money by minimizing the role traditional Wall Street banks play in the process.

In 2015, he was appointed by the Bank of Italy as Chairman of the four rescued banks of Italy, where he oversaw their sale and the first successful European Bank Resolution process.

The relatively fixed exchange rate remained a weak point in the monetary control process, as attempts by the Reserve Bank to change monetary conditions were significantly offset by private capital flows.

His understanding of the project evaluation and credit assessment process undertaken by the global resource banks will add significant value to the strategies for progressing the company's project pipeline.

In the late 1970s, probably first as a consequence of the highest real interest rates in U.S. history, engineered by Paul Volcker's Federal Reserve Bank, the United States began a process of income concentration that has continued until now for reasons that are hotly debated.

The «euroglut», for those who have not followed, is a process described and named by Deutsche Bank strategist George Saravelos, whose note last week caused a frisson of well - justified fear throughout the markets.

Our own policies often go further than the minimum required by local laws and regulations, and we continue to strengthen our processes to help ensure our banking services are not associated with any arrangements known or suspected to be designed to facilitate tax evasion.

A statement issued by the bank said that it will facilitate trades «within the fully regulated framework of the Bank's processes,» and that the offering is «aimed at professional market participants and financial intermediaries.&rabank said that it will facilitate trades «within the fully regulated framework of the Bank's processes,» and that the offering is «aimed at professional market participants and financial intermediaries.&raBank's processes,» and that the offering is «aimed at professional market participants and financial intermediaries.»

LendKey saves borrowers time and money by streamlining that comparison process when it comes to community banks or credit unions... The application and approval process is quick and easy, and will give borrowers the opportunity to view, compare and apply for offers from multiple lenders in real time, making the process even more transparent.

The successful program allowed copies of records held by the land registry and all other parties to the transaction, such as banks and real estate agents, and each step of the property purchase process to be verified and recorded on blockchain for all parties to see.

Banks are always reviewing and improving their approval process, which varies by bank.»