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The ERMA logo. ERMA (Electronic Recording Machine, Accounting) was a computer technology that automated bank bookkeeping and check processing.Developed at the nonprofit research institution SRI International under contract from Bank of America, the project began in 1950 and was publicly revealed in September 1955.
Affiliated Computer Services, a large information technology supplier, paid $50,000, and the RDM Corporation, a small Canadian company that sells hardware and software for payment processing, agreed to "pay a fee for each check imaging terminal it deploys and 'a per-click royalty for storage of electronic documents and check information ...
CPCS is run on IBM System/360 and later IBM mainframe computers and receives the data from the document processor and can store information from the cheques, including the bank number, branch number, account number and the amount the check was written for, as well as internal transaction codes. [11] IBM withdrew CPCS from marketing on Nov 29 ...
A number of technologies were developed by companies like EMI in the UK (Figure Reading Electronic Device or FRED), and Bull in France to make cheques machine readable by means of pre-printed characters or characters that were inscribed on the cheque when it was being proofed at the Branch. IBM Poughkeepsie lab under J.A. Weidenhammer meanwhile ...
In the first commercial electronic data processing Hollerith machines were used to compile the data accumulated in the 1890 U.S. Census of population. [4] Hollerith's Tabulating Machine Company merged with two other firms to form the Computing-Tabulating-Recording Company, later renamed IBM. The punch-card and tabulation machine business ...
It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners. NCR was founded in Dayton, Ohio, in 1884. It grew to become a dominant market leader in cash registers, then decryption machinery, then computing machinery, and computers over the subsequent 100 years.
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