What Does Financial Services Markup Language (FSML) Mean?
The Financial Services Markup Language (FSML) is a markup language based on the Standard Generalized Markup Language (SGML). It is designed to facilitate efficient transfer and sharing of financial documents over the Internet. The delivery of e-checks and associated documents along with financial records are also facilitated with the help of FSML. Similar to other markup languages, FSML also uses a set of markup symbols to allow its users to define the financial information items that constitute a document. Originally designed to ensure the secure transfer of e-checks by email, the use of FSML has been extended to a full range of payment mechanisms.
Techopedia Explains Financial Services Markup Language (FSML)
The Financial Services Markup Language is a special type of markup language that allows the delivery of finance-related documents and information across the Internet. It has its own set of markup tags, syntax and semantics to carry out the efficient transfer of financial information and related documents.
