Glossary
| Term | Definition |
|---|---|
| ACH | Automated Clearing House — standard US bank-to-bank transfer rail. |
| AML | Anti-Money Laundering. |
| CFT | Countering the Financing of Terrorism. |
| CDN | Content Delivery Network. |
| FedWire | US Federal Reserve's wire transfer system for high-value USD payments. |
| FPS | Faster Payments Service — UK near-instant GBP rail. |
| FX | Foreign Exchange. |
| KYC | Know Your Customer — identity verification process. |
| Ledger | The authoritative record of all balance-affecting transactions, implemented as an append-only, double-entry system. |
| NIP / NIBSS | Nigerian Inter-Bank Settlement System — instant NGN transfers between Nigerian banks. |
| Non-custodial wallet | A crypto wallet where keys — and therefore control of funds — remain with the user, not with Kredete. |
| PAN | Primary Account Number — the 13–19 digit number on a payment card. |
| PCI DSS | Payment Card Industry Data Security Standard. |
| PEP | Politically Exposed Person. |
| RTP | Real-Time Payments — instant USD rail operated by The Clearing House. |
| SAR / STR | Suspicious Activity Report / Suspicious Transaction Report — regulatory filings. |
| SEPA | Single Euro Payments Area — standardised euro transfers across 36 European countries. |
| SIEM | Security Information and Event Management system. |
| SWIFT | Society for Worldwide Interbank Financial Telecommunication — international bank messaging and settlement network. |
| USDC | USD Coin — a US-dollar-backed stablecoin. |