E-commerce merchants are literally at the mercy of the digital checkout systems tied to their web stores. For retailers, what happens on the other side of the "pay" button is critical to avoiding denied approvals. Online payment service provider Credorax peeled back the curtain for the E-Commerce Times to reveal the ins and outs of what happens behind the pay button.
Wie gefährlich sind Straßen-Feiern? Virologe fordert „Entry / Exit Screenings focus.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focus.de Daily Mail and Mail on Sunday newspapers.
Date
25/05/2021
The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today released a new white paper that explores the risks created by U.S. Treasury market fragmentation. The paper,
,
examines growing concerns around the increased adoption of bilateral clearing for Treasury activity and details the benefits of unifying the market under a central clearing model.
Today, Treasury market activity is split between two disparate clearing processes: bilaterally cleared transactions, and centrally cleared transactions via DTCC’s Fixed Income Clearing Corporation (FICC). According to the white paper, interdealer brokers (IDBs) are frequently executing transactions between FICC members and non-FICC members, in which one side of the trade is centrally cleared and the other is bilaterally cleared. The paper notes that this fragmentation is creating “contagion risk,” in part because if a non-FI