Sentences with phrase «use as a settlement»

There's also a money market account, which I keep next - to - nothing in and only use as a settlement account.
Dr. Timo Schlaefer, the CEO of Crypto Facilities was recently quoted as saying, «we are excited to work with CME Group on this product and see the BRR used as the settlement mechanism of this important product.
«We are excited to work with CME Group on this product and see the BRR used as the settlement mechanism of this important product.
We are excited to see the BRR used as the settlement mechanism of this important product.

Not exact matches

It is an emerging area of intense interest for banks and other financial companies as well as technology developers, with potential uses in a range of financial transactions including securities settlement and payments.
Still, Yale's use of language within these confidentiality agreements has a similar effect as nondisclosure agreements, or NDAs, which are often used in workplace - harassment settlements.
Garzik and his partner Matt Roszack expect the financial industry will begin using the blockchain for stock and loan settlements as soon as the end of this year.
As part of the settlement, WTOP reports, the beverage company will no longer be allowed to use those claims and it must add the words «added sugars» in two places on the Vitaminwater label.
A number of operational features were required to implement such an overnight reverse repo, or ON RRP, facility: It would need same - day settlement; 16 the operation would need to be run predictably, every day, and as late in the day as possible, to give lenders time to bargain with other counterparties using the outside option of investing with the Federal Reserve; 17 an appropriate spread below IOR would be required to ensure that the facility neither induced large changes in the structure of money markets nor lost the ability to support interest rate control; 18 and the operations would need enough unused capacity that lenders could credibly propose to leave borrowers that did not offer an adequate interest rate.19
On the basis of the above facts, GEI acknowledged in its settlement agreement that the consulting agreements, even those pursuant to which no amounts were actually paid, violated the anti-bribery provision of the CFPOA, as they constituted agreements to provide, directly or indirectly, a benefit to a foreign public official so as to induce the official to use his position to influence decisions of a foreign state for which he performs duties and functions.
Shkreli funded the Merrill Lynch settlement — and avoided the filing of the confessions of judgment — by causing a $ 900,000 investment in Retrophin equity securities made by MSMB Healthcare to be recharacterized as a «loan,» causing the «loan» to be repaid with interest, and using the «loan» proceeds together with other money taken from Retrophin to pay Merrill Lynch.
The original decree was made as a settlement to an inquiry at the time into how Facebook — then just a startup but growing wildly fast — «deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowing it to be shared and made public,» and it arose specifically in relation to how third - party apps were able to use and access this data.
Following the cabinet approval of the revised Settlement Act on March 4, 2016, the Japanese government expects a further increase in the use of digital currency and already has plans to regulate bitcoin as a currency.
Most of the attention on the technology has been focused on using the technology to streamline back - office processes such as trade processing, clearing, and settlement.
Veem uses the blockchain as a new settlement rail to enable frictionless and inexpensive payments.
Used by companies such as UniCredit, UBS and Santander, Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, with American Banker explaining that «from banks» perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin,» including price and security.
As such, it provides yet another way for the back offices of banks to use blockchain to enhance the speed and efficiency of settlement systems, with the utility settlement coin allowing banks to transfer value and assets without having to wait for long periods of time, as is currently the case with traditional methodAs such, it provides yet another way for the back offices of banks to use blockchain to enhance the speed and efficiency of settlement systems, with the utility settlement coin allowing banks to transfer value and assets without having to wait for long periods of time, as is currently the case with traditional methodas is currently the case with traditional methods.
California passed a law last year that prohibited the use of confidentiality clauses in civil settlements if the «factual foundation» for the allegations involve acts that could be prosecuted as felony sexual offenses.
Patent asserting groups that bully businesses and entrepreneurs into paying licensing fees or settlementsas opposed to actually using the patents — are not new, especially in the technology space.
As part of the settlement, the companies agreed that Uber would not use any hardware or software developed by Alphabet's self - driving arm, Waymo.
Divorced parents can use life insurance to secure the financial future of their child as part of a divorce settlement with child support.
Using BitPay's instant conversion and unlimited free processing plan, Spree and Demandware merchants will be able to accept bitcoin as payment and receive daily settlements at no cost.
It states that while the U.S. believes that» [t] he most efficient and preferred manner of resolving concerns is through bilateral dialogue,» when that doesn't work «the United States will use enforcement tools including those provided under U.S. law, the WTO and other dispute settlement procedures, as appropriate.»
Advocates like Charles Ogletree hope to use civil litigation, through the sort of class - action lawsuits that won such immense victories as the tobacco settlement.
He became part of a conspiracy against Hitler at the highest levels of the German government, using his role as a civilian agent in military intelligence as a cover for ecumenical contacts that allowed the conspirators to make tentative overtures toward a peace settlement with the British government.
So however much the Constantinian settlement led Christianity into what some regard as a lengthy Babylonian captivity to state power, the «Edict of Milan» also affirmed truths that have proven stronger over time than the temptation to use Caesar for God's work.
The FDA agreed to rule on whether to ban BPA use in food and beverage packaging as part of the settlement of a lawsuit reached in December with the Natural Resources Defense Council (NRDC).
Naper Settlement has focused on its uses in the 1800s as a functional craft of early settlers.
Cuomo proposed using some of a $ 4 billion surplus, which he acknowledged was a «one - shot» revenue source from numerous financial settlements, on infrastructure spending, education and for helping local governments find ways to share services as part of an overall economic development boost for the upstate region.
Eliot Spitzer and current executive director of the nonprofit Union Settlement, says prohibiting the use of taxpayer dollars to settle sexual harassment claims brought against government employees, as Cuomo has proposed, is probably illegal and also bad policy.
The group says Attorney General Eric Schneiderman should be able to use the money he got from the JPMorgan Chase settlement and distribute it to people who lost their homes as a result of the recession.
The settlement with Citigroup requires that it acknowledges it made misrepresentations to the public relating to the use of exotic investment products such as the packaging and sale of residential mortgage - backed securities.
Though Cuomo said there are more projects to fund statewide, he also raised the possibility of using revenue sources such as bank settlements and one - time cash infusions.
«Given the State's limited resources, shrinking statutory debt capacity and unmet capital needs, it is critical that New York prioritize its use of debt and capital resources, including the resources deposited in the DIIF and the other settlement resources, to ensure that they are used as effectively as possible,» the report found.
Use of One - Time Financial Settlements: The State's $ 702 million in one - time financial settlements are best used to enhance reserves or provide long - term benefits such as pay - as - you - go capital investments that replace borrowing, paying down debt, or making payments to the retiree beneSettlements: The State's $ 702 million in one - time financial settlements are best used to enhance reserves or provide long - term benefits such as pay - as - you - go capital investments that replace borrowing, paying down debt, or making payments to the retiree benesettlements are best used to enhance reserves or provide long - term benefits such as pay - as - you - go capital investments that replace borrowing, paying down debt, or making payments to the retiree benefits trust.
AS part of a settlement with JCOPE, the former head of SUNY Downstate Medical Center in Brooklyn agreed to pay a $ 3,000 ethics fine after using his state credit card to help pay for a Bermuda vacation.
Lawmakers are facing mounting pressure to end Capitol Hill's culture of secrecy over sexual harassment as they return from a holiday break, with members of both parties calling for Congress to overhaul its handling of misconduct claims and to unmask lawmakers who have paid settlements using taxpayer money.
In his own statement, Cuomo said the settlement «should serve as a model for other states across the nation to follow in reforming the use of solitary confinement.
Carol Kellermann, the president of nonpartisan fiscal watchdog Citizens Budget Commission, was equally outraged, telling The Observer, «Funds paid in settlement of litigation with the state, unless intended to compensate for specific losses, should be used as determined through the normal budget and appropriation process.
New York will receive more than $ 10 million as part of a settlement between 48 states and the maker of Provigil, a drug used to treat excessive sleepiness, state Attorney General Eric Schneiderman announced.
Lands secured in Sullivan County can be used as «replacement lands» for lands claimed in Madison County as long as those lands are obtained as consideration for final settlement.
Schneiderman, who once represented financial firms in private practice, has used the Martin Act to pursue his «Insider Trading 2.0» initiative, obtaining multimillion - dollar settlements from financial institutions such as Deutsche Bank, BlackRock, and Barclays, as well as settlements with banks such as Morgan Stanley and Goldman Sachs over deceptive practices leading up to the financial crisis.
In a press release on April 11, Schneiderman announced that $ 20 million of funds from settlements with Goldman Sachs and Morgan Stanley would be used «to provide local governments with innovative technology to address and transform problem properties — including homes and buildings that are blighted, poorly maintained, vacant, abandoned, and in financial distress — that fell into disrepair following the foreclosure crisis,» as part of a program called Cities for Responsible Investment and Strategic Enforcement, or Cities RISE.
They say it doesn't make sense to freeze Thruway tolls for four years, using money from the multi-billion dollar bank settlements, as Cuomo has proposed.
Using part of the settlement money on that Downstate bridge would certainly qualify as an investment in infrastructure.
A millennium ago, Viking navigators may have used crystals known as «sunstones» to navigate between Norway and settlements in Greenland.
Coss» paper grew out of a 2015 study in which he and a former graduate student reported that zebras living near human settlements could not be approached as closely before fleeing as wild horses when they saw a human approaching on foot — staying just outside the effective range of poisoned arrows used by African hunters for at least 24,000 years.
Using a combination of satellite and ground data, the team can map multiple indicators of monkey distribution, including human activity zones as inferred from roads and settlements, direct detections from mosquito - derived iDNA, animal sound recordings, plus detections of other species that are usually found when monkeys are present, such as other large vertebrates.
Scientists are using the resulting mosaic pictures to study patterns such as how Manhattan sank into semi-darkness after Hurricane Sandy and how geography forces people into settlement patterns, such as along the densely populated Nile in Egypt.
However, sensory compensation may allow fish to use alternative settlement cues such as sound.
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