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Terms And Definitions

Abbreviations Definition
2FA Second Factor Authentication / Strong Authentication
API Application Programming Interface
AP Account Provider as defined within this document
DMZ Demilitarized Zone (pertaining to TCP/IP Networks)
Fintech A Financial and Technology Services Company
FPSP Financial and Payment Services Providers
GUID Global Unique Identifier
MLS Message Level Security. In the context of this document, this refers to Message Signing.
MPR Monetary Policy Rate
NDPR Nigeria Data Protection Regulation
NITDA National Information Technology Development Agency
OLTP Online Transaction Processing
OLAP Online Analytic Processing
TPP Third-Party Provider as defined within this document
Transaction A request to a financial institution to authorize the disbursement of goods or performance of services on behalf of a customer based on funds the customer has with the financial institution.
UUID User Unique Identifier