Node and Positive pay: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
imported>Doug Williamson
m (Spacing and italics added 21/8/13)
 
Line 1: Line 1:
''Blockchain - distributed ledger technology (DLT) - verification.''
''Banking''


Abbreviation for validating node, an entity that verifies transactions in a blockchain.  
A service used to combat cheque fraud. The bank pays only those cheques with serial numbers and cash amounts that match those in an issue file supplied by the company.
 
''Also known as match pay.''




== See also ==
== See also ==
 
* [[Reverse positive pay]]
* [[Blockchain]]
* [[Distributed ledger]]
* [[Validating node]]
 
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Technology]]

Revision as of 13:12, 21 August 2013

Banking.

A service used to combat cheque fraud. The bank pays only those cheques with serial numbers and cash amounts that match those in an issue file supplied by the company.

Also known as match pay.


See also