Modern life relies on the functioning of data centres; from bringing Netflix to our homes to powering our Google searches. One of the latest additions to cloud-first existence is the digital-only bank, and it’s taking the world by storm. In fact, the latest Accenture Digital Banking Tracker shows digital lenders gained over six million new customers in […]
Important words that are related with banking & financial sector.Important words that are related with banking & financial sector.
Acquirer: A credit card processing bank; merchants receive credit for credit card receipts less a processing fee. OR The financial institution that dispenses cash in automated teller machines and collects a fee from the bank that issued the credit card. AML: AML stands for Anti Money Laundering. These three letters are used to describe the […]