Payment service provider and Prime brokerage: Difference between pages

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''Payment systems''.
1.


(PSP).
Prime brokerage is a service to large institutional investors, including hedge funds.
 
1.


Defined broadly, a payment service provider is an organisation that:
It includes securities lending and custody.
*provides payment services to others that are not participants in a payment system
*for the purposes of enabling the transfer of funds using the payment system.




2.
2.


In a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website.
'Prime brokerage' can also refer to the business unit which provides prime brokerage services.




== See also ==
== See also ==
*[[Aggregator]]
* [[Broker]]
*[[AISP]]
* [[Brokerage]]
*[[Authorised payment institution]]
* [[Custody]]
*[[e-commerce]]
* [[Hedge fund]]
*[[Faster Payments Service]]
* [[Internalisation]]
*[[Fintech]]
* [[Internalisation risk]]
*[[Information technology]]
* [[Liquidity risk]]
*[[P2P]]
* [[Prime]]
*[[Payment system]]
* [[Securities lending]]
*[[Payment Systems Regulator]]
*[[PISP]]
*[[TTP]]

Revision as of 17:28, 15 December 2021

1.

Prime brokerage is a service to large institutional investors, including hedge funds.

It includes securities lending and custody.


2.

'Prime brokerage' can also refer to the business unit which provides prime brokerage services.


See also