The aim of common good funds
is to promote ventures for the "common good" of the area they operate in.
Stirling Council currently administers four Common Good Funds
on behalf of the communities of Stirling, Bridge of Allan, Callander, and Dunblane.
Council bosses want common good funds
to be cleared of their charitable status, writes Jack Davidson, Local Democracy Reporter.
The offering is made possible through the bank's use of Dwolla's secure payments protocol for financial institutions, FiSync, which enables the confirmation of good funds
, secure authentication and real-time availability of money to and from the Dwolla network.
The Pay it Now Network offers an alternative for credit unions by moving good funds
in real time.
The platform will complement Ingo's own technology, which helps its partners and consumers to convert any check into guaranteed and irreversible Good Funds
. Ingo's network can be accessed directly by customers of most prepaid programs via the Ingo Money App or within their mobile applications.
Ingo Money, Inc (formerly Chexar Networks, Inc.) provides financial services to individuals in the US including a consumer direct remote deposit capture network Branded Ingo, that is delivered on smartphones, and a white label commercial solution branded Ingo Enterprise that powers banks and AFS companies to offer Good Funds
across all of their channels including branch, ATM and smartphones.
However, good funds
managed to limit their losses when compared to their respective benchmarks.
Iranian Oil Minister Rostam Qassemi said this year the National Development Fund would allocate "good funds
" to the ongoing projects of his ministry.
"The charity match will take place in Rotterdam and we hope to generate good funds
from the event to help contribute to Prime Minister's flood relief fund," said a Pakistan Hockey Federation spokesman.
Moores, chairman at Anfield for 16 years, said: "We had to find the money from somewhere - for the stadium and for players so the manager can have good funds
each season, and we are getting that with George Gillett and Tom Hicks.