Author Archives: George Valentin Voina

Learn #banking, #fintech and #payments jargon: Clearing

By | June 21, 2021

Clearing Definition: The process of transmitting, reconciling and, in some cases, confirming transactions prior to settlement, potentially including the netting of transactions and the establishment of final positions for settlement. Sometimes this term is also used (imprecisely) to cover settlement. For the clearing of futures and options, this term also refers to the daily balancing… Read More »

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 »

#Twitter Card: ERROR: Fetching the page failed because other errors

By | February 16, 2021

After some updates suddenly all the post I shared from Jetpack for WordPress had no valid Twitter card. After some mail exchanges with Jetpack support they assured me that all is good from their part. As instructed by them I was able to see that indeed Jetpack was correctly generating the Twitter Card. Still checking… Read More »