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ERMA (Electronic Recording Machine, Accounting) was a computer technology that automated bank bookkeeping and check processing. Developed at the nonprofit research institution SRI International under contract from Bank of America, the project began in 1950 and was publicly revealed in September 1955. [1][2] Payments experts contend that ERMA ...
eBAM. Electronic Bank Account Management (abbreviated as eBAM) represents the automation, through software, of the following activities between banks and their corporate customers: [1] Opening bank accounts. Maintaining bank accounts such as changing account signatories or spending limits. Closing bank accounts.
Desktop publishing. Desktop publishing (DTP) is the creation of documents using dedicated software on a personal ("desktop") computer. It was first used almost exclusively for print publications, but now it also assists in the creation of various forms of online content. [1] Desktop publishing software can generate page layouts and produce text ...
Banking software is used by millions of users across hundreds or thousands of branches. This means that the software must be managed on many machines even in a small bank. The core banking system is a major investment for retail banks and maintaining and managing the system can represent a large part of the cost of running a bank.
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
Computer programming or coding is the composition of sequences of instructions, called programs, that computers can follow to perform tasks. [ 1 ][ 2 ] It involves designing and implementing algorithms, step-by-step specifications of procedures, by writing code in one or more programming languages. Programmers typically use high-level ...
Smartmatic had re-engineered Olivetti lottery machines used in Italy, essentially state-of-the-art PCs, each providing a colour touchscreen, a thermal printer, and advanced programming handling the voting process and printing of VVPAT receipts for the voter to check, and also tally reports and data transmission at voting session closure, with ...
A bank statement is an official summary of financial transactions occurring within a given period for each bank account held by a person or business with a financial institution. Such statements are prepared by the financial institution, are numbered and indicate the period covered by the statement, and may contain other relevant information ...
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