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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.
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 ...
An application called Check Processing Control System (CPCS) is run on a main frame. It 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 cheque was written for, as well as internal transaction codes.
This data processing was accomplished by processing punched cards through various unit record machines in a carefully choreographed progression. [5] This progression, or flow, from machine to machine was often planned and documented with detailed flowcharts that used standardized symbols for documents and the various machine functions. [6]
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.
Automatic teller machine (ATM) Automated cash handling refers to the process of dispensing, counting, and tracking cash within various business environments using software and hardware devices such as banknote processing. Automated cash handling is used by banks, retail stores, check-cashing outlets, payday loan/advance providers, casinos, and ...
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