With Bakkt partnering with Mastercard so they can offer thousands of their banking clients and millions of merchant clients the chance to accept Bitcoin and reward their customers with Bitcoin, I'm reminded of this oldie: "The Story of Bitcoin's Adoption, as told by Spirited Away" v.redd.it/kk2ui96mtuv71
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πŸ“…︎ Oct 26 2021
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@unFederalreser1: #TBThursday Almost a year and a half ago, we published the early concepts for merchant banking which became the forefront of our B2B planning. #ReserveB2B is finally on its way! ⏩Read more here: https://t.co/DBJlCNFXgTβͺ https://t.co/0LDI17ErVj mobile.twitter.com/unFede…
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πŸ‘€︎ u/Block_o_Tech
πŸ“…︎ Jan 06 2022
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With Bakkt partnering with Mastercard so they can offer thousands of their banking clients and millions of merchant clients the chance to accept Bitcoin and reward their customers with Bitcoin, I'm reminded of this oldie: "The Story of Bitcoin's Adoption, as told by Spirited Away" np.reddit.com/r/Bitcoin/c…
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πŸ“…︎ Oct 26 2021
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Any mod that makes merchants give you banking notes instead of gold?

I'm using skill training as a gold sink by with training limits removed and true mastery mods.

https://www.nexusmods.com/skyrimspecialedition/mods/772?tab=files Skyrim True Master Trainers

https://www.nexusmods.com/skyrimspecialedition/mods/3684 Unlimited training

It costs roughly 150k gold to get a skill from 1-100. I have been using Gunmar and noticed his gold doesn't refresh to its default regardless of how much time has passed unlike other trainers so he currently has over 1 million gold. I at least get gold past when merchants have over 32k but ONLY UP TO 32k and no more after that with this mod.

https://www.nexusmods.com/skyrimspecialedition/mods/41625?tab=description Sales Overflow Solved

Is there mod that gives a custom merchant that instead of giving you gold it gives you banking notes for example worth 1k so I could then exchange it for gold that way to get past the 32k limit?

I tried using this mod as a pseudo banking mod by buying ebony ores and selling it for gold (selling for ore is independent of merchant gold) but miners have too little ebony ores to sell.

https://www.nexusmods.com/skyrimspecialedition/mods/334?tab=description Mines and Mills

I have millions of gold worth of alchemy potions even with cell respawn disabled so nothing in my game ever respawns.

https://www.nexusmods.com/skyrimspecialedition/mods/24514/ No Cell Respawn

I'm looking for any money sink mods or banking mods that will let allow me to sell for hundreds of thousands at a time.

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πŸ“…︎ Sep 22 2021
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Paysafe To Acquire PagoEfectivo, market leader in Latin America in the provision of eCash and online banking payments that allow merchants to offer alternative payment methods (APMs) paysafe.com/us-en/paysafe…
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πŸ‘€︎ u/KetoPolarBear
πŸ“…︎ Aug 02 2021
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Banking/merchant fantasy?

I’m looking for some quality recommendations of fantasy books where banking and/or the merchant trade play a significant role in the story! One of my favorite aspects of ASOIAF that I really hope plays a much larger role in Winds of Winter and Dream of Spring is the Iron Bank, it’s system and history is just so fascinating I’m in love with it. I absolutely loved all of its scenes in GOT.

I love First Law (Valint and Balk is just as fascinating of an organization as the Iron Bank), Masquerade, The Folding Knife, Dagger and Coin, Rise of a Merchant Prince, Imager Portfolio, Legacy of Ash and Foundryside.

This isn’t fantasy, it’s epic historical fiction, but House of Niccolo is a merchant/banking series set in the late 1400s during the start of the Renaissance!

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πŸ‘€︎ u/simplymatt1995
πŸ“…︎ Jan 29 2021
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TIL the Hope Diamond, which originated in India, was purchased in 1666 by French gem merchant Jean-Baptiste Tavernier. Tavernier sold it to King Louis XIV in 1668. It was stolen in 1791 and was recut and renamed by a London banking family called Hope in 1839. en.wikipedia.org/wiki/Hop…
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πŸ‘€︎ u/-AMARYANA-
πŸ“…︎ Nov 04 2020
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INQD - Fincann: Guiding The Cannabis Industry to Sustainable Banking & Merchant Processing ganjapreneur.com/fincann-…
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πŸ‘€︎ u/Fantastic_Bus3998
πŸ“…︎ Mar 24 2021
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eRSDL - Merchant Banking DeFI: An Introduction

Intro:

Alright folks, per the moderator I've read the rules twice and will attempt a compliant post. My name is Howard J Krieger, ASA, and you can find me at hotmail.

(Author's note: I won't flame anyone, but immediately below this post, I'm guessing, a user whose been stalking us all over reddit, saying terrible things about me, our project, etc. will do the same here. We've attempted to address his issues, but frankly, he doesn't have any issues and just got stuck in his craw the idea that bashing for no reason is cool. It is not.)

Background:

unFederalReserve is an intermediary-less platform that allows U.S.-based B2B lenders to overnight, cash balance with one another using DeFI protocols. Given the nature of the platform's users, all transactions occur in a fully compliant manner based on guidance from the various U.S. government agencies with oversight responsibilities.

Problem example:

While at HSBC, I once structured a $600mn whole loan sale with Citi Mortgage. I called my internal Treasury department to let them know the wire should come in Thursday at 2pm. They informed me if the wire was late, they would change me 50bps per day, because they would have to go to the spot market to make up the cash shortfall. I asked what happened if the wire arrived early, expecting a chuckle. Instead, they replied that they would charge me 25bps per day early, because had they known the wire was coming in the following day, they would have amended their current debt accordingly.

Solution:

Residual's platform is a web-based UI for Treasurers at these B2B lenders that, at first, will allow for cash monitoring using various industry standard dashboards. Members of the platform can see aggregate cash data for the other entities on a cumulative basis. The user is also presented with an order book to see what those entities who have cash are willing to lend at over a given term.

Things to note:

Access to certain features will be limited, and we suggest you read our whitepaper at our homepage to understand more. We have just released an article on our first banking partner, IFEB , out of puerto rico and are in due diligence with three other banks to participate in the initial cash reporting phase of the program. We have also engaged a capital markets advisory team to help with the "repo-like" note structuring. We have a number of other agreements in various stages of negotiation with players already active in this space. They will assist us overcome trust

... keep reading on reddit ➑

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πŸ‘€︎ u/HK_Leverage
πŸ“…︎ Oct 22 2020
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Fincann: Guiding The Cannabis Industry to Sustainable Banking & Merchant Processing ganjapreneur.com/fincann-…
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πŸ‘€︎ u/Fantastic_Bus3998
πŸ“…︎ Mar 24 2021
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10x Staking - eRSDL = Merchant Banking DeFI

https://preview.redd.it/vx6advu1aiq51.png?width=1470&format=png&auto=webp&s=d260640f089ec281acda75a7421ab4f1ccbd1304

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πŸ‘€︎ u/HK_Leverage
πŸ“…︎ Oct 01 2020
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Want to change Banks. Who has the best business banking accounts with merchant services??

I am fed up with Regions Bank. They are screwing me around on my PPP2 loan and I can't do business with them anymore. I am looking to open another business account with a new bank that offers merchant services and invoicing. Any suggestions? Thank in advance.

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πŸ‘€︎ u/hikitty31
πŸ“…︎ Feb 10 2021
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INQD - Fincann: Guiding The Cannabis Industry to Sustainable Banking & Merchant Processing ganjapreneur.com/fincann-…
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πŸ‘€︎ u/blipblorpbot
πŸ“…︎ Mar 24 2021
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Merchant Banking DeFI

We believe that overnight cash surpluses and deficits can be settled between be to be lenders without the use of intermediaries. Lower cost of capital for all. Www.unfederalreserve.com $ersdl

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πŸ‘€︎ u/HK_Leverage
πŸ“…︎ Oct 16 2020
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Merchant Banking Services | Deltec Bank & Trust

Successful businesses begin with a solid foundation and strategic direction. Deltec Partners builds on this foundation, adding pillars of progressive thinking and specialist financial expertise to enable companies to meet their commercial growth ambitions.

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πŸ‘€︎ u/deltecbank31
πŸ“…︎ Dec 03 2020
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Traditional PE internship or Merchant Banking internship to ultimately get into IB?

I need some advice. I'm trying to get into IB next fall. As of now, I'm looking to gain some intern experience to boost my CV. I'm currently looking at possible internships either at a traditional private equity firm or a merchant bank. As far as I know, merchant banks kind of act as a hybrid between PE and IB. Which one ultimately looks better to investment banks? Also, both are in the lower middle market size.

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πŸ‘€︎ u/BrightAppeal2331
πŸ“…︎ Sep 15 2020
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Merchant banking for dummies

Could anyone shed some light on merchant banking? specifically at BBs. How does it compare to markets/ ibd in terms of day-to-day, pay, progression, exit opps, Key skills? Thank you

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πŸ‘€︎ u/mhatever
πŸ“…︎ Jul 19 2019
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H.R. 7046: To amend the Bank Holding Company Act of 1956 to place certain limitations on commodity ownership and to repeal the merchant banking authority, and for other purposes.

Introduced: Sponsor: Rep. Sean Casten [D-IL6]

This bill was referred to the House Committee on Financial Services which will consider it before sending it to the House floor for consideration.

Rep. Sean Casten [D-IL6] is a member of the committee.

Govtrack.us Summary

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πŸ‘€︎ u/congressbot
πŸ“…︎ May 29 2020
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Online merchant wants my banking info for a refund even though I paid with card

I purchased something online from a store that has a brick and mortar location in Colorado (I am in Texas). They have been really slow to respond to me on anything and even taking a week to even let me know the product I want is not in stock. They didn't even let me know until I asked them about my order about a week later to which they responded with all these questions even though I gave them my order number. When they finally responded to tell me the product was not in stock they kept pushing me to get a similar product, which I did not want. I asked for a refund and they left me hanging until I asked about it again yesterday. Now they want my bank account info because they said their system can not handle refunds. Looking at the charge it looks like the payment was processed through Square. I'm already weary cuz they have seemed kind of shady about the whole thing. Would I be ok giving them my banking info? They only asked for the bank name and routing number but how would they even return it to the right account without the account number as well? This whole thing is giving me a headache and I feel like it's kind of my fault because I used a debit card when I should have used a credit card for the buyer protection but they had really good reviews online so I trusted them. So should I trust them or what would be the recommended course of action in this situation? Thanks in advance!

Edit: I contacted my bank this morning and they opened up a claim for me and said I'd hear back in a business day or they would ask for more info if they need it. Luckily, I have my emails saved as backup if needed. I thought I was going to be SOL for using a debit card vs a credit card but it seems like it'll turn out fine (Chase bank btw). Anyway, thanks for all the advice!

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πŸ‘€︎ u/Supey
πŸ“…︎ Jul 11 2019
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Still in 10X stake period - eRSDL - Merchant Banking DeFI

https://preview.redd.it/urdelkix9iq51.png?width=1470&format=png&auto=webp&s=2e89e53bd09bb7f30c00d4bbc198c8f09909a0e2

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πŸ‘€︎ u/HK_Leverage
πŸ“…︎ Oct 01 2020
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Merchant banking DeFI

We believe that overnight cash surpluses and deficits can be settled between be to be lenders without the use of intermediaries. Lower cost of capital for all. Www.unfederalreserve.com $ersdl

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πŸ‘€︎ u/HK_Leverage
πŸ“…︎ Oct 16 2020
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