1LINK 1LINK (Guarantee) Limited is a consortium of major banks that own and operate the largest representative interbank network in Pakistan.
AccuSystems AccuSystems LLC is an American company headquartered in Pueblo, Colorado that develops, licenses, supports, and sells document imaging software and electronic document management, primarily to t...
Amazon Payments Amazon Payments, Inc., is a wholly owned subsidiary of Amazon.com that provides a means to process transactions online.
ATM Controller An ATM Controller (ATMC) is a system used in financial institutions to route financial transactions between ATMs, core banking systems and other banks.
ATM SafetyPIN software ATM SafetyPIN software is a software application that would allow users of automated teller machines (ATMs) to alert the police of a forced cash withdrawal by entering their personal identifica...
ATMC An ATMC (ATM Controller) is a system used in financial institutions to route financial transactions between ATMs, core banking systems and other banks.
Automated Clearing House Automated Clearing House (ACH) is an electronic network for financial transactions in the United States.
Banco 24 Horas Banco 24 Horas is the biggest interbank network in Brazil, with a market share of 38% in the country.
Banelco Banelco (an acronym for Banca Electrónica Compartida) is an ATM network in Argentina.
Bankgiro Bankgiro is a Norwegian giro system used by all banks in the country, managed by Bankenes Betalingssentral (BBS).
CARTES (Exhibition & Conference) CARTES events encompass international and regional trade shows and conferences devoted to smart cards and secure technologies for payment, identification and mobility.
CEN/XFS CEN/XFS or XFS provides a client-server architecture for financial applications on the Microsoft Windows platform, especially peripheral devices such as EFTPOS terminals and ATMs which are...
Center of Financial Technologies (CFT) Center of Financial Technologies (CFT) (Центр Финансовых Технологий, Centr Finansovyh Tekhnologiy) is a leading Russian software company that provides software solutions and services to fina...
Cheque truncation Cheque truncation (check truncation in American english) is the conversion of physical cheque into a substitute electronic form for transmission to the paying bank.
Cleaning card Cleaning cards are disposable products designed to clean the interior contact points of a device that facilitates an electronic information transaction (point of sale terminal, automated teller ...
Contactless smart card A contactless smart card is any pocket-sized card with embedded integrated circuits that can process and store data, and communicate with a terminal via radio waves.
Cryptography Cryptography (or cryptology; from Greek "hidden, secret"; and graphein, "writing", or -logia, "study", respectively) is the practice and study of techniques for secure communication in the presence of third parties (called adversaries).
Currency-counting machine A currency-counting machine is a machine that counts money—either stacks of banknotes or loose collections of coins.
Dann v. Johnston Dann v. Johnston,, is a decision of the United States Supreme Court on the patentability of a claim for a business method patent.
Direct corporate access Direct Corporate Access is part of the Faster Payments Service which provides a same day clearing payment service to UK member banks.
EBPP Electronic bill presentment & payment is a form of electronic billing in which a company presents (sends) its bills and customers pay these electronically over the Internet.
ecash Using cryptography, ecash was introduced by David Chaum as an anonymous electronic cash system.
eFaktura eFaktura is a Norwegian electronic billing system issued by Bankenes Betalingssentral (BBS).
Electronic bill payment Electronic bill payment is a feature of online banking and telephone banking, similar in its effect to a giro, allowing a depositor to send money from their demand account to a creditor or vendo...
Electronic Bill Payment & Presentment Electronic bill payment & presentment is a form of electronic billing in which a company presents its bills and customers pay these electronically over the Internet.
Electronic bill presentment and payment Electronic bill presentment and payment is a form of electronic billing in which a company presents its bills and customers pay these electronically over the Internet.
Electronic billing Electronic billing or electronic bill payment and presentment, is when a company, organization, or group sends its bills over the internet, and customers pay the bills electronically.
Electronic funds transfer Electronic funds transfer (EFT) is the electronic exchange, transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
Electronic money Electronic money is a new expression the meaning of which is not stable.
Electronic Remittance Advice An Electronic Remittance Advice is an electronic version of a payment explanation which provides details about providers' claims payment, and if the claims are denied, it would then contain the ...
Electronic remittance advice An electronic remittance advice is an electronic version of a payment explanation which provides details about providers' claims payment, and if the claims are denied, it would then contain the ...
Euronet Pakistan Euronet Pakistan recently won NIB Bank as its latest outsourcing customer bringing the total to 9.
EWise eWise is a privately held technology company with offices in Denver, London, Shenzhen and Sydney.
Experi-Metal v. Comerica Experi-Metal, Inc., v. Comerica Bank (Docket Number: 2:2009cv14890) is a decision by the United States District Court for the Eastern District of Michigan in a case of a phishing attack that...
Faster Payments Service Faster Payments Service is a UK banking initiative to reduce payment times between different banks' customer accounts from three working days using the long-established BACS system, to a few hours.
Financial cryptography Financial cryptography (FC) is the use of cryptography in applications in which financial loss could result from subversion of the message system.
First Data First Data Corporation is a global payment processing company headquartered in Atlanta, Georgia, United States.
Hardware security module A hardware security module (HSM) is a physical computing device that safeguards and manages digital keys for strong authentication and provides cryptoprocessing.
i2c Inc i2c, Inc. is an electronic payment processing, point of sale activation solutions (POSA) and prepaid application service provider company located in Redwood Shores, California, USA.
Instant Payment Notification Instant Payment Notification is a way to allow online retailers to handle real-time purchase confirmation and server-to-server communication.
Instant payment notification Instant payment notification (IPN) is a way to allow online retailers to handle real-time purchase confirmation and server-to-server communication.
Interbank network An interbank network, also known as an ATM consortium or ATM network, is a computer network that connects the ATMs of different banks and permits these ATMs to interact with the ATM ...
ISO/IEC 4909 ISO/IEC 4909:2006 establishes specifications for financial transaction cards using track 3 and is intended to permit interchange based on the use of magnetic stripe encoded information.
J/XFS J/XFS is an alternative API to CEN/XFS and also to Xpeak.
LIXI LIXI is an Australian, member-based not-for-profit company that develops data message transaction standards for the Australian mortgage processing industry, and promotes improvements in efficien...
Magnetic ink character recognition Magnetic ink character recognition (MICR) is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents.
Magnetic stripe card A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card.
MOBIbucks MOBIbucks is a global mobile payments technology company and a leading provider of mobile marketing and payments solutions for banks, financial institutions and merchants.
Mobile banking Mobile banking is a system that allows customers of a financial institution to conduct a number of financial transactions through a mobile device such as a mobile phone or personal digital assistant.
Money changer A money changer is a person who exchanges the coins or currency of one country for that of another.
Online banking Online banking (or Internet banking or E-banking) allows customers of a financial institution to conduct financial transactions on a secured website operated by the institution, whic...
Online Banking ePayments Online Banking ePayments is a type of payments network, developed by the banking industry in conjunction with technology providers, specifically designed to address the unique requirements of pa...
Online savings account An online savings account is a savings account managed and funded primarily on the Internet.
Open Payment Initiative The Open Payment Initiative, or O.P.I. for short, was launched to standardize the application interface between the EPOS application and any cashless payments solution installed on the EFT...
ORCA (Internet currency platform) ORCA is a white-labeled payments and related transactions platform focused on ecommerce via mobile, apps and desktop browsing experiences.
ORCA Platform ORCA (short for Open Real-Time Currency Application) is a white-labeled payments and related transactions platform focused on ecommerce via mobile, apps and desktop browsing experiences.
Out of wallet Out of Wallet refers to private data used for authentication in activities such as telephone banking or internet banking in order to prevent identity theft.
Pan-European Automated Clearing House A Pan-European Automated Clearing House (PE-ACH) is an ACH that is able to settle SEPA compliant credit transfers and direct debits across the Eurozone.
Paymenex Paymenex is a universal electronic payments technology that enables users to make electronic payment on the internet through an open membership and multichannel interchange network operated by ...
Phantom withdrawal A phantom withdrawal is a cash withdrawal from an automatic teller machine where money has been withdrawn from an account, and neither the customer nor the bank admit liability.
Point of sale Point of sale is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services.
Public-key cryptography Public-key cryptography, also known as asymmetric cryptography, refers to a cryptographic algorithm which requires two separate keys, one of which is secret (or private) and one of...
Quisk Quisk, formerly known as MOBIbucks, is a global technology company that partners with financial institutions and others to digitize cash and provide safe, simple and secure financial services an...
Security question A security question is used as an authenticator by banks, cable companies and wireless providers as an extra security layer.
Smart card A smart card, chip card, or integrated circuit card (ICC) is any pocket-sized card with embedded integrated circuits.
SMS banking SMS banking is a type of mobile banking, a technology-enabled service offering from banks to its customers, permitting them to operate selected banking services over their mobile phones using SM...
SUBE card The SUBE card (standing for Sistema Único de Boleto Electrónico; literal English translation: Unified Electronic Ticket System) is a contactless smart card system int...
Substitute check A substitute check or cheque, also called an Image Cash Letter (ICL), Clearing Replacement Document (CRD), or Image Replacement Document (IRD), is a negotiable instrument...
Substitute check in United States A substitute check is a negotiable instrument used in the United States to represent the digital reproduction of an original paper check.
SWIFTNet InterAct Realtime SWIFTNet InterAct Realtime is a protocol designed and supported by SWIFT. The protocol is used to exchange financial messages between organizations connected to services on the SWIFTNet network.
SWIFTNet InterAct Store and Forward SWIFTNet InterAct Store and Forward is a protocol designed and supported by SWIFT. The protocol is used to exchange financial messages between organizations connected to services on to the SWIFT...
Telephone banking Telephone banking is a service provided by a bank or other financial institution, that enables customers to perform financial transactions over the telephone, without the need to visit a bank br...
Teller system A teller system is the integrated hardware and software used for retail or wholesale banking transactions, most systems communicate with a core banking system or mainframe over a secured network.
Trade Services Utility The SWIFTNet TSU is a banking initiative provided by SWIFT (Society for Worldwide Interbank Financial Telecommunication).
Transaction authentication number A transaction authentication number (TAN) is used by some online banking services as a form of single use one-time passwords to authorize financial transactions.
Transient-key cryptography Transient-key cryptography is a form of public-key cryptography wherein keypairs are generated and assigned to brief intervals of time instead of to individuals or organizations.
TRANZ 330 The TRANZ 330 is a popular point-of-sale device manufactured by VeriFone in 1985.
Triton Systems Triton Systems LLC is a manufacturer of automated teller machines.
TUPAS TUPAS is an authentication method created by the Federation of Finnish Financial Services and used by all major Finnish banks including Aktia, Osuuspankki, Nordea, Danske Bank (formerly Sampo), ...
UK Payments Administration The UK Payments Administration Ltd (UKPA) (previously APACS, the Association for Payment Clearing Services) is a United Kingdom trade organisation that brings together all payment sy...
Video banking Video banking is a term used for performing banking transactions or professional banking consultations via a remote video connection.
VisionPLUS VisionPLUS is a financial software application from First Data Corporation.