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  2. IBM Check Processing Control System - Wikipedia

    en.wikipedia.org/wiki/IBM_Check_Processing...

    CPCS is run on IBM System/360 and later IBM mainframe computers and receives the data from the document processor and can store information from the cheques, including the bank number, branch number, account number and the amount the check was written for, as well as internal transaction codes. [11] IBM withdrew CPCS from marketing on Nov 29 ...

  3. IBM document processors - Wikipedia

    en.wikipedia.org/wiki/IBM_Document_Processors

    The machine is made up of several modules, each performing specific task. At the far left of the machine is the control unit. Sort control programs, character recognition and host connection are handled by an IBM PC server in the control unit (3890/XP). Early A-F models used an IBM System/360 Model 25 processor with magnetic core memory. It ...

  4. Square (financial services) - Wikipedia

    en.wikipedia.org/wiki/Square_(financial_services)

    In June 2015, Apple announced Square would release a reader device capable of accepting Apple Pay and other contactless payments. [35] In the same year, Square launched a reader for Android and iOS that accepts contactless and chip card payments. [36] Additionally, the firm launched Square Payroll for small business owners to process payroll. [37]

  5. Checkwriter - Wikipedia

    en.wikipedia.org/wiki/Checkwriter

    Unlike a physical device, the software facilitates check draft demand draft technology, and Check 21 Act regulations to emulate the check writer. The software prints a physical draft of a customer's checks that a business can then deposit into any U.S. bank the same day. The software has been in circulation since 1996 and operates on a ...

  6. Magnetic ink character recognition - Wikipedia

    en.wikipedia.org/wiki/Magnetic_ink_character...

    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.

  7. How to compare invoice factoring companies - AOL

    www.aol.com/finance/compare-invoice-factoring...

    Invoice factoring companies look at the creditworthiness of your clients instead of your business. This makes it a good option for new businesses and businesses with bad credit. Free up time .

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