There will be 25 billion ACH transactions occurring annually by 2010, estimates NACHA, the electronics payment association. Many of these transactions will be check conversions at merchants, including Wal-Mart, Target and large supermarket chains.
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Global Banking has become a recent target of the growing threat of cybercrime! Criminals who are managing to hack into numerous of banks security system are growing at a fast pace. During the first weekend in February this year, Bangladesh Bank became the victim of one of the biggest cyber-heists of all time.
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Learn more about Financial Transaction Manager from IBM and see the features it provides by providing financial institutions a single platform for payment processing. Financial Transaction Manager integrates, orchestrates and monitors financial transactions. It delivers consistent processing across multiple payment types, enabling banks and financial institutions to converge their payment operations onto a single platform.…
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Software Corporation International is IBM’s recommended services provider for Financial Transaction Manager (FTM) applications, including Financial Transaction Manager for Check (FTM4C), Financial Manager for ACH Services, and more. We have enjoyed a strong and mutually beneficial relationship with IBM, our Partner in Payments, for over twenty-five years.
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