Sentences with phrase «traditional bank or financial institution»

Since personal loans can be obtained through a variety of independent and online lenders, expediting approval within 24 hours is not unlikely, since the general turnaround process is more streamlined than that of a traditional bank or financial institution.

If your start - up hotel / motel is not part of a recognized accommodation chain, securing financing through a traditional bank or financial institution may be difficult.

Not exact matches

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

Investigators are said to be taking a good look at Bitcoin and its underlying technology, as a means of measuring cryptocurrency's overall risk to central banking and traditional financial institutions, while also assessing whether or not regulatory measures are necessary.

Peer - to - peer lending (also known as person - to - person lending, peer - to - peer investing, and social lending; abbreviated frequently as P2P lending) is the practice of lendingmoney to unrelated individuals, or «peers», without going through a traditional financial intermediary such as a bank or other traditional financial institution.

Peer - to - peer lending (also known as person - to - person lending, peer - to - peer investing, and social lending; abbreviated frequently as P2P lending) is the practice of lending money to unrelated individuals, or «peers», without going through a traditional financial intermediary such as a bank or other traditional financial institution.

To take profits, a client must sell their BTC, Litecoin, etc. convert it to a traditional fiat currencies like USD or EUR and withdraw into a more traditional financial institution like a bank or Paypal, Neteller, etc..

The established classification from Wikipedia is «the practice of lending money to unrelated individuals, or «peers», without going through a traditional financial intermediary such as a bank or other traditional financial institution.»

Increasingly, bank branches are headquartered in distant urban areas — and in some cases, financial «deserts» exist in towns with few or no traditional financial institutions such as banks and credit unions.

If your credit is bad, getting a loan from a traditional bank and mortar financial institution, such as a bank or a credit union, is going to be difficult...

A traditional Individual Retirement Account (IRA) is a retirement plan that is set up with a financial institution, such as a bank or brokerage.

Direct Deposit: All PBGC employees receive their pay through direct deposit to their bank or other financial institution, making their monies available sooner than through traditional check mailing systems.

It may be early days in Canada for fintechs, a catchphrase for new innovative financial technology startups, and major technology companies that are challenging traditional financial institutions on their turf by offering cheaper and easier - to - use Internet - or smartphone - based services such as payment apps or peer - to - peer lending or digital currencies, but Canada's Big Six banks are paying heed even though they appear to be on solid ground.

Furthermore, Bitcoin acts to secure the Bitcoin blockchain by aligning the financial incentives of various actors in a transaction so that trust can be assumed without the validation of identity or reputation, and without permission for a transaction being given by a banking institution or other traditional gateway.

Do you think private blockchain solutions will dominate the banking sector, or do you think Ripple will continue to make inroads with traditional financial institutions?

The key difference between those crypto networks and traditional financial institutions is that there is no central authority, like a bank or a government, storing and guarding everyone's money — hence the countercultural appeal.

Investigators are said to be taking a good look at Bitcoin and its underlying technology, as a means of measuring cryptocurrency's overall risk to central banking and traditional financial institutions, while also assessing whether or not regulatory measures are necessary.

Only time will tell if this will result in greater economic inequality, or of the original tenants of «banking the unbanked» and creating a «parallel economy» outside of the dastardly hands of traditional financial institutions will be upheld.

While it is true that most business lending takes place through traditional financial institutions such as banks, sometimes traditional criteria can be difficult for a business or individual to meet.