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Memo-posting is a banking practice used in traditional batch processing systems where temporary credit or debit entries are made to an account before the final balance update occurs during end-of-day (EOD) processing. The temporary entry created during memo-posting is reversed once the actual transaction is posted during batch processing.
Drum memory – a magnetic data storage device used as the main working memory in many early computers; i-RAM – a DRAM-based solid-state storage device produced by Gigabyte, operating as a SATA hard disk drive; Magnetic storage – the concept of storing data on a magnetised medium using different patterns of magnetisation
A disk drive is a device implementing such a storage mechanism. Notable types are hard disk drives (HDD), containing one or more non-removable rigid platters ; the floppy disk drive (FDD) and its removable floppy disk ; and various optical disc drives (ODD) and associated optical disc media.
It is an alternative to the older Memo Posting style. There are several characteristics that distinguish a real-time posting system: Transactions appear to customers and staff as soon as the item is posted and does not need to be re-processed at night to create the hard post .
A forensic disk controller or hardware write-block device is a specialized type of computer hard disk controller made for the purpose of gaining read-only access to computer hard drives without the risk of damaging the drive's contents. The device is named forensic because its most common application is for use in investigations where a ...
Examples of non-volatile memory include read-only memory, flash memory, most types of magnetic computer storage devices (e.g. hard disk drives, floppy disks and magnetic tape), optical discs, and early computer storage methods such as magnetic drum, paper tape and punched cards.