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National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
At the end of 2004, all major browser companies using NPAPI agreed on NPRuntime [7] as an extension to the original NPAPI to supply scripting, via an API that is similar in style to the old C-style NPAPI and is independent of other browser technologies like Java or XPCOM. It is only supported by Firefox ESR (Extended Support Release) and Safari.
On 12 August 2009, a page on Google Code introduced a new project, Pepper, and the associated Pepper Plugin API (PPAPI), [32] "a set of modifications to NPAPI to make plugins more portable and more secure". [33] This extension is designed specifically to ease implementing out-of-process plugin execution. Further, the goals of the project are to ...
Financial market infrastructure refers to systems and entities involved in clearing, settlement, and the recording of payments, securities, derivatives, and other financial transactions. [1] Depending on context, financial market infrastructure may refer to the category in general, or to individual companies or entities (thus also used in ...
and they must keep the necessary records and make the necessary reports on their customers. The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. [2]
Financial institutions and lenders often set their interest rates based on the federal funds rate. When the economy is down, the Federal Reserve can lower the federal funds rate. Although lenders ...
Collaborative finance is a category of financial transaction that occurs directly between individuals without the intermediation of a traditional financial institution. This new way to manage informal financial transactions has been enabled by advances in social media and peer-to-peer online platforms. The wide variety of collaborative finance ...
If a financial product provided by a financial institution is owned by two or more parties, the institution is only required to notify one party. [7] Financial institutions are also allowed to disclose information without ever notifying the customer if the information in question is used for an investigation regarding public safety. [7]