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  5. Bank payment obligation - Wikipedia

    en.wikipedia.org/wiki/Bank_Payment_Obligation

    Bank payment obligation (BPO) is a class of settlement solution in international supply chain finance.. The solution is championed by SWIFT and the International Chamber of Commerce (ICC) Banking Commission as a means to move away from letter of credit schemes toward "support[ing] the development of a globally accepted standardised environment and establishment of the BPO as a neutral industry ...

  6. Cross-Border Interbank Payment System - Wikipedia

    en.wikipedia.org/wiki/Cross-Border_Interbank...

    Banking. The Cross-border Interbank Payment System ( CIPS) is a Chinese payment system that offers clearing and settlement services for its participants in cross-border renminbi (RMB) payments and trade. CIPS is backed by the People's Bank of China and was launched in 2015 as part of a policy effort to internationalize the use of China’s ...

  7. Acquiring bank - Wikipedia

    en.wikipedia.org/wiki/Acquiring_bank

    An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [1] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa, MasterCard, Discover, China UnionPay, American Express .

  8. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. [1] [2] A payment system is an operational network which links bank ...

  9. Zeus (malware) - Wikipedia

    en.wikipedia.org/wiki/Zeus_(malware)

    Zeus (malware) Zeus is a Trojan horse malware package that runs on versions of Microsoft Windows. It is often used to steal banking information by man-in-the-browser keystroke logging and form grabbing. [1] Zeus is spread mainly through drive-by downloads and phishing schemes. First identified in July 2007 when it was used to steal information ...

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