A Card Not Present (CNP) transaction is a card payment where the physical card is not used to conduct the payment. Providing the card details during an online transaction. Providing the card details over the phone to place an order. These types of transaction...

3D Secure is an online payment security scheme that involves security checks across three parties/domains: The merchant and their bank (Acquirer domain) The cardholder's bank (Issuer domain) The card network (e.g., Visa, Mastercard) (Interoperabilit...

Open banking—or more broadly, open finance—allows financial institutions, through permissions from their customers, to share both financial and non-financial information about these customers with other institutions. For example, a person trying to get an estimated premium on an insura...

A blockchain is made up of interconnected blocks, each block stores transactional information. If we liken this to a book where we write out every financial transaction our business engages in, then the book would be known as the blockchain, and the individual pages would be the blocks....

To a developer, I would liken the mainnet (main network) to the main branch of a Git version-controlled project, where the main branch represents code that is deployed to production. In blockchain terms, this is the primary network or blockchain where real transactions are tracked. ...

Smart Contracts on the Blockchains are usually set up...