An integrated circuit card, also known as a smart card, is a type of credit card that contains a microchip that stores information about the cardholder. This information can include the cardholder’s name, address, and account number. The microchip on the card can also be programmed to perform certain tasks, such as authorizing a purchase … Read more
The Large Value Transfer System (LVTS) is a Canadian electronic payments system used to process large value interbank transfers. The system is owned and operated by the Canadian Payments Association (CPA), and is used by banks and other financial institutions to send and receive high-value payments. The LVTS was introduced in 1999, and was designed … Read more
The cost per click (CPC) is the cost that a business incurs when a user clicks on one of its online ads. The CPC is a key metric for businesses to track because it represents the amount that they are spending to acquire new customers. There are a number of factors that can influence the … Read more
A social payment is a type of financial transaction that occurs between two individuals or groups, typically through a social networking service. The most common type of social payment is a person-to-person payment, which is used to send money to friends, family, or businesses. Social payments can also be used to make purchases, donate to … Read more
A distributed application (DApp) is a type of application that runs on a decentralized network. DApps are similar to traditional applications in that they have a user interface and can perform certain functions. However, DApps are built on a decentralized platform, such as a blockchain, and they use decentralized technologies, such as smart contracts. DApps … Read more
EPN is an electronic payments network that allows financial institutions to send and receive electronic payments. EPNs can be used for a variety of payments, including ACH transfers, wire transfers, credit card payments, and debit card payments. EPNs typically have a network of banks and other financial institutions that are connected to each other, allowing … Read more
Geolocation is the identification of the real-world geographic location of an object, such as a mobile phone, computer, or website. Geolocation may be used to identify the location of a user, or to restrict access to content based on the user’s location. How does geolocation technology work? Geolocation technology uses a variety of data sources … Read more
Dematerialization is the process of converting physical shares or securities into electronic form. This process allows investors to hold and trade securities without the need for physical paper certificates. Dematerialization also provides greater efficiency and security in the trading and settlement of securities. What is dematerialization and its benefits? Dematerialization is the process of converting … Read more
Visual Basic for Applications (VBA) is a programming language used to create custom applications in a wide range of Microsoft products, including Excel, Access, Word, and Outlook. VBA is similar to other programming languages, such as C++ and Java, but it is easier to learn and use. With VBA, you can create custom programs to … Read more
An eavesdropping attack is a type of attack in which an attacker intercepts and reads communications between two or more parties. This type of attack can occur in any type of communication, including voice, text, or email. Eavesdropping attacks are usually conducted by placing a listening device in the vicinity of the victims, or by … Read more
