Learn #banking, #fintech and #payments jargon: Available Balance

By | June 17, 2021

Available Balance Definition: The total funds a participant in a payment system has available for settlement of transactions at any moment. Calculated as a total of some pre-defined components: opening balance net value of credits and debits processed but not applied yes usable minimum reserve requirement account limits collaterals (loans, pledged securities, pledged stock options… Read More »

Learn #banking, #fintech and #payments jargon: Acceptance for Settlement

By | June 17, 2021

Acceptance for Settlement Definition: The moment at which a payment transaction becomes irrevocable as far as the sender is concerned. This is the point at which a transaction passes the tests to determine whether there is sufficient collateral for the transaction to proceed. Details: You have to see this as the last stage of a… Read More »

#Oracle ORA-00600: internal error code, arguments: [ktbdchk1: bad dscn]

By | May 17, 2021

Oracle 11g database with Data Guard active. A switch of the sites (from production to disaster recovery node) is done and all seems good. Suddenly one day after the switch (more than one month) the enterprise application using it cannot connect any-more (connection pool getting filled up). The underlying issue that causes this is reported… Read More »