B2B Merchant
A B2B merchant sells goods, services, software, or access primarily to other businesses rather than individual consumers. Transactions often involve negotiated pricing,…
Glossary terms starting with B
Numbers and symbols are grouped under #. Letter matching ignores case and uses the first displayed title character.
B2B Payment
A B2B payment is a payment between businesses for invoices, inventory, services, subscriptions, taxes, financing, or other commercial obligations. It commonly involves…
B2C Merchant
A B2C merchant sells goods, services, subscriptions, or digital products primarily to individual consumers. The transaction is usually governed by published prices…
B2C Payment
A B2C payment is a payment in a business-to-consumer relationship, usually from an individual customer to a business for personal goods or…
BABE Consensus
BABE is a slot-based block-authoring protocol that uses verifiable randomness to assign eligible production opportunities among approved blockchain authorities. More than one…
Backpressure
Backpressure is a flow-control mechanism that prevents producers from overwhelming consumers, queues, databases, or downstream APIs when work arrives faster than it…
Backup
A backup is a protected recovery copy of the information needed to restore a wallet, signing system, custody service, or its operational…
Backup and Restore
Backup and Restore is the controlled creation of recoverable copies of data, configurations, keys, software, and system state together with verified procedures…
Backup Security
Backup Security is a security mechanism or control discipline that reliably protects copied data and recovery systems from unauthorized access, alteration, deletion,…
Backward-Compatible Change
Backward-Compatible Change is a modification that allows existing conforming clients to continue operating without mandatory code or configuration changes. It describes a…
Balance Query
Balance Query is an API or RPC request that returns one or more balance values for an account, wallet, asset, or ledger…
Balance Reconciliation
Balance reconciliation verifies that a balance reported by a bank, wallet, processor, gateway, or internal ledger agrees with the transactions and adjustments…
Balance Sweep
Balance Sweep is a transfer that moves all or a configured portion of an available asset balance from one wallet, account, or…
Balance-to-Ledger Reconciliation
Balance-to-Ledger Reconciliation is the process of proving that an operational payment balance agrees with the corresponding balance recorded in the accounting or…
Bank Account Verification
Bank Account Verification is the process of confirming specified facts about a bank account, such as validity, ownership or control, status, routing,…
Bank Deposit Token
A bank deposit token is a digital token representing a claim on a deposit liability of a regulated bank. It is typically…
Bank Integration
Bank integration connects an application with banking systems to initiate, receive, track, reconcile, or report financial transactions and account information. Bank Integration…
Bank Reconciliation
Bank reconciliation compares an organization's accounting cash balance with bank statements and bank transaction data. It identifies timing differences, fees, interest, returned…
Bank Secrecy Act (BSA)
The Bank Secrecy Act is a United States legal framework requiring covered financial institutions to keep records and report certain financial activity.…
Bank Transfer
A bank transfer moves money between bank or payment accounts using an account-based payment rail. It may be domestic or cross-border, push-…
Bank Transfer Processing
Bank Transfer Processing is the end-to-end handling of a payment instruction that moves money through bank accounts and bank payment rails. In…
Bank Wallet
A bank wallet is a non-standard label for a digital wallet operated, issued, or integrated by a bank to provide payment, account,…
Bank-Issued Stablecoin
A bank-issued stablecoin is a value-stable token issued by a licensed bank or banking group, usually referencing a sovereign currency and operating…
Bank-to-Ledger Reconciliation
Bank-to-Ledger Reconciliation is the process of matching bank statement or transaction records to internal ledger entries and explaining every difference. In a…