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The 100 point check is a personal identification system adopted by the Australian Government to combat financial transaction fraud by individuals and companies, enacted by the Financial Transactions Reports Act (1988) (FTR Act), [1] which established the Australian Transaction Reports and Analysis Centre (AUSTRAC) and which continued in existence under the Anti-Money Laundering and Counter ...
Australian Transaction Reports and Analysis Centre (AUSTRAC) is an Australian government financial intelligence agency responsible for monitoring financial transactions to identify money laundering, organised crime, tax evasion, welfare fraud and terrorism financing. [3]
A punched card (also punch card [1] or punched-card [2]) is a piece of card stock that stores digital data using punched holes. Punched cards were once common in data processing and the control of automated machines .
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A computer punched card reader or just computer card reader is a computer input device used to read computer programs in either source or executable form and data from punched cards. A computer card punch is a computer output device that punches holes in cards. Sometimes computer punch card readers were combined with computer card punches and ...
A lace card from the early 1970s. A lace card (also called a whoopee card, ventilator card, flyswatter card, or IBM doily [citation needed]) is a punched card with all holes punched. They were mainly used as practical jokes to cause disruption in card readers. Card readers tended to jam when a lace card was inserted, as the resulting card had ...
Others in the series included the IBM 513 & IBM 514 Reproducing Punch. The 519, which was "state of the art for the time", [1] could: reproduce all or parts of the information on a set of cards "gangpunch" - copy information from a master card into the following detail cards; print up to eight digits on the end of a card; compare two decks of cards
The IBM 2540 is a punched-card computer peripheral manufactured by IBM Corporation for use of System/360 and later computer systems. The 2540 was designed by IBM's Data Processing Division in Rochester, Minnesota, and was introduced in 1965. [1] The 2540 can read punched-cards at 1000 cards per minute (CPM) and punch at 300 CPM.