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The Clearing House is a banking association and payments company owned by the largest commercial banks in the United States. The Clearing House is the parent organization of The Clearing House Payments Company L.L.C., which owns and operates core payments system infrastructure in the United States, including ACH, wire payments, check image clearing, and real-time payments [1] through the RTP ...
In communication, a code word is an element of a standardized code or protocol. Each code word is assembled in accordance with the specific rules of the code and assigned a unique meaning. Code words are typically used for reasons of reliability, clarity, brevity, or secrecy.
STRAP is a code-word, combined with SECRET or TOP SECRET, to further restrict access to particularly sensitive material. Access is granted to certain holders of Enhanced SC (eSC) or (Enhanced) Developed Vetting (DV/eDV) clearance, allowing them to access SECRET/TOP SECRET STRAP code-word material: Relevant to a particular organisation (STRAP1)
National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology. [1]
Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.
A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners (e.g. sovereign wealth funds, central banks, insurance companies), asset managers, banks and broker-dealers. It is not engaged in "traditional" commercial or ...
Code word, an element of a codebook designed so that the meaning of the code word is opaque without the code book Code name , a clandestine name or cryptonym used to identify sensitive information password , passcode, codeword, countersign; a word that is a special code for access, to pass a challenge of a sentry
Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet.The shift from traditional to digital banking has been gradual, remains ongoing, and is constituted by differing degrees of banking service digitization.