Terms And Definitions

AbbreviationsDefinition

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

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