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Platform Home Loans is the intermediary mortgage lending subsidiary of The Co-operative Bank. The current incarnation of the firm was launched in February 2003 following the merger of Britannia Building Society subsidiaries Platform Home Loans and Verso. The firm became part of the Co-operative Bank group when that firm merged with Britannia in ...
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional ...
Two-sided market. A two-sided market, also called a two-sided network, is an intermediary economic platform having two distinct user groups that provide each other with network benefits. The organization that creates value primarily by enabling direct interactions between two (or more) distinct types of affiliated customers is called a multi ...
Disintermediation is the removal of intermediaries in economics from a supply chain, or "cutting out the middlemen" in connection with a transaction or a series of transactions. [1] Instead of going through traditional distribution channels, which had some type of intermediary (such as a distributor, wholesaler, broker, or agent ), companies ...
According to OECD, and cited by UNESCO, Internet intermediaries can be defined as organizations (primarily, for-profit companies) that "bring together or facilitate transactions between third parties on the Internet. They give access to, host, transmit and index content, products and services originated by third parties on the Internet or ...
The Electronic Commerce Directive ( 2000/31/EC) in EU law sets up an Internal Market framework for online services. Its aim is to remove obstacles to cross-border online services in the EU internal market and provide legal certainty for businesses and consumers. It establishes harmonized rules on issues such as the transparency and information ...
Inter-dealer broker. An Inter-dealer broker (IDB) is specialist financial intermediary that facilitates transactions between broker-dealers, dealer banks and other financial institutions rather than private individuals. IDBs act as intermediaries in the financial markets working to facilitate transactions between broker/dealers and dealer banks ...
Proponents of platform cooperativism claim that, by ensuring the financial and social value of a platform circulate among these participants, platform cooperatives will bring about a more equitable and fair digitally mediated economy in contrast with the extractive models of corporate intermediaries. The concept of platform cooperativism ...