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Electronic Funds Transfer Systems

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Electronic Funds Transfer Systems
A variety of systems and technologies for transferring funds (money) electronically rather than by check. Includes Fedwire, automated clearringhouses (ACHs) and other automated systems.


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asp, and a pioneer in the use of magnetic strips on bankcards, electronic funds transfer systems, and PC-based in-bank systems.
The company's CEO, Jack Chang, is the co-inventor of the ATM machine and a pioneer in the use of magnetic strips on bankcards, electronic funds transfer systems, and PC-based in-bank systems.
Experian's 'e-Verify' services offer us the best option for augmenting BankServ's already successful eCheck product," added Kvederis, a pioneer in the development of electronic funds transfer systems.
 
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