Glossary

Real Time Data

Real-Time Data is data that is made available as soon as it is created or...

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Real Time Gross Settlement is a continuous and real-time (instant) settlement of fund transfer of...

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Real-time information discovery is defined as the sifting through the ever-growing mass of real-time public...

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When a bank or lender has the ability to receive an application, assess risk, and...

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Payment Reconciliation is an accounting process that ensures internal records of the payment due owed...

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Businesses with subscription model- from magazines to electricity bill requires a Recurring Payment Model where...

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A Payment Refund is the process where funds paid by a customer are transferred from...

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Governmental organization that oversees the financial sector.

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Technology that helps financial companies comply with regulations and guidelines.

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A transfer of money as a payment, often to a party in an additional country....

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Reserve Bank of India is India’s central bank and regulatory body responsible for regulation of...

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The process of identifying, evaluating, and mitigating financial risks.

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The process of identifying, analyzing, and mitigating financial risks associated with banking and fintech activities.

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Online platform that uses artificial intelligence to offer automated financial advisory services.

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When a startup has developed a track record of steady revenue, an established user base,...

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The Series B funding round is employed to take a startup beyond the business development...

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