Real Time Gross Settlement System (RTGS) is a type of gross fund transfer system between two banks...
Real Time Gross Settlement (RTGS) System
read more
Glossary
Newest Entries
Regulatory Compliance as a Service
Regulatory Compliance as a Service, or Compliance as a Service, is a service model providing a...
Retail Fintechs
Retail fintechs are institutions aiming to offer solutions in customer transactions for...
Safeguarding Account
A safeguarding account operates as a segregated account to keep clients’ funds separated from a...
Safeguarding Acknowledgment Letter
A safeguarding acknowledgement letter is a formal document addressed to a regulatory body as an...
Safeguarding Audit
A safeguarding audit is an annual audit conducted by regulator bodies to review fund segregation...
Safeguarding Requirements According to PSD2
Every Authorised Payment Institution (PI) and Electronic Money Institution (EMI) in the European...
Segregated Bank Account
A segregated bank account keeps a company’s clients’ funds separate from the company’s own money....
Segregated Client Funds
Segregated accounts are used in order to separate client funds and institutions’ operational...