Glossary

National payment system

National payment system employed by central banks to process payment transactions.

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Technology that enables wireless communication between devices at short distances, employed for mobile payments.

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Negative interest rate imposed by central banks to encourage spending and investment.

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Fully digital bank that operates exclusively online.

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Total market value of the assets of a mutual fund, divided by the quantity of...

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A network fee is required to ensure your transaction is processed on the Bitcoin or...

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As the term suggests, it is a process for machines to interpret human language with...

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NHost is an open-source Backend-as-a-Service (BaaS) that provides an instant GraphQL API, authentication, storage, and...

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A node is a type of participant in the blockchain network that stores data and...

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Non-bank brands are organisations that may have some aspect of a financial institution; such as...

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Unique digital token employed to represent digital assets such as artwork or virtual goods.

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Defaulted loan in which the borrower is unable to repay the debt according to the...

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A nonce is a random whole number that miners in proof-of-work blockchains like Bitcoin iterate...

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