See corporate action (corporate event)

See correspondent central banking model (CCBM)

A security mechanism for verifying: 1) the identity of an individual or other entity (including verification by means of a computer or computer application); and 2) the level of authority of that pers [..]

An event stipulated in an agreement as constituting a default. Generally, such events relate to a failure to complete a transfer of funds or securities in accordance with the terms and rules of the sy [..]

A measure of the extent to which an economy depends on trade with other countries or regions, e.g. the ratio of the sum of total imports and exports to GDP.

See Organisation for Economic Co-operation and Development (OECD)

An entity that acts on its own behalf, with its own funds and at its own risk.

An instruction from a customer to its bank to make a regular payment of a fixed amount to a named beneficiary.

This term has two meanings. 1) In the field of transfer systems, it refers to the inclusion of a transfer order for funds or securities in a system’s operations for further processing, potentially fol [..]

A merchant or other entity that accepts a payment instrument presented by a client in order to transfer funds to that merchant or other entity.