Evolution of EFT System
The roots of electronic payment can be traced back to 1871 when Western Union initiated the electronic fund transfer (EFT) in the U.S. In 1871, Western Union began using EFTs…
Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The roots of electronic payment can be traced back to 1871 when Western Union initiated the electronic fund transfer (EFT) in the U.S. In 1871, Western Union began using EFTs…
The upsurge of Fintech Companies, Internet banking, mobile banking, Credit Cards, and UPI are some of the classic examples of emerging trends in the banking Sector. Banks in India are…
India’s telecommunication network is the second largest in the world by number of telephone users with over 1.1 billion subscribers as of December 2023. The major networks in India (Mobile…
The term “Data Communication” comprises two words namely Data and Communication. Data can be any text, image, audio, video, or multimedia files. Communication is an act of sending or receiving…
There are multiple matches for Hawk, including a company, a software system, an intelligent auto-teller system, etc. Hawk System Platform is an integrated system that includes field data recording, real-time…
Microfiche is a French word for “small card”. It is made of a flat sheet of a thin photographic film usually with a polyester base on which multiple pages are…
The major uses of cash counting machines are the accuracy and speed in counting that they provide. Note-counting machines can count stacks of money quickly and more accurately. These machines…
Signature Storage and Retrieval System (SSRS) is a technology used by banks and financial institutions to store, manage, and retrieve customers’ signatures electronically. SSRS comprises an arrangement where a signature…
LAN stands for the acronym for local area network, and WAN stands for wide area network. LANs and WANs are both computer networks made up of nodes and links. Both…





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