Following international practices and debt sustainability principles, it is working to create a long-term, stable, sustainable and risk-controlled investment and financing system with innovative models and diverse channels in order to establish a stable, transparent and high-quality funding guarantee syste...
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What is a binary code? Binary code is a system of encoding digital information using only two values, typically represented as 0 and 1. Binary code is used in a variety of computing applications, from data storage and processing to digital communication and encryption. By using binary code, ...
In most cases, the SWIFT banking system is an important part of the process. Unlike other prominent networks that enable funds transfers, SWIFT itself doesn’t move or hold funds—yet it remains a vital part of international financial systems. Here’s what you need to know about what SWIFT...
As developments in financial services continue to evolve, businesses need to stay ahead of these challenges in order to fully access open banking’s potential. Here’s what you need to know. What’s in this article? What is open banking? How does open banking work? Examples of open banking...
The most common strong authentication policy is dual-factor authentication. When logging in to the system, a user needs to provide not only the user name and password, but also the items bound to the user name and password (for example, USB keys are widely used in online banking), or ...
While Earnings Management can distort a company’s balance sheet, it is not explicitly forbidden. Nevertheless, Earnings Management remains a highly controversial topic in financial accounting and financial management. This leads to another essential and legitimate question: does it impact other areas, ...
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An ERP finance module is a core component of an ERP system that manages and automates a company’s financial functions and performance. It serves as the financial hub, where various financial data streams converge, and is designed to organize and automate tasks related to accounting and financial...