The Bank of England found " sniffer " programs running amok in its electronic funds transfer system.
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It was the city from which a young programmer, Vladimir Levin, infiltrated the computers of Citibank's electronic funds transfer system in 1995.
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The jump in net income came from sales of advanced software for ATMs and other electronic funds transfer systems, the Troy, New York-based company said.
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Congregations of many denominations are steadily embracing the same electronic fund transfer system that allows individuals to pay their electric bills or regularly invest in mutual funds.
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In Britain, however, people have less reason to deposit checks than they do in the United States, because the British electronic funds transfer system is more developed.
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In theory, at least, these weapons could cripple the computer systems that control everything from the electronic funds transfer systems of banks to electric utilities to battlefield tanks.
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The facility also housed the Culpeper Switch, which was the central switching station of the Federal Reserve's Fedwire electronic funds transfer system, which at the time connected only the Fed's member banks.
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Intelligent treasury systems, electronic fund transfer systems, chequeprocessing and trade management systems with imaging solutions have beenimplemented to better track and process customer transactions as well asimprove management's understanding of trading positions and the relatedexposures.
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The PIN is used to verify the identity of a customer ( the user of a bank card ) within an electronic funds transfer system, and ( typically ) to authorize the transfer or withdrawal of funds.
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"Internet payday loans are dangerous for cash-strapped consumers, " said Jean Ann Fox, director of consumer protection for the Consumer Federation of America . " These loans combine the very high costs and collection risks of check-based payday lending with the security risks and the loss of control of your bank account that come with use of the electronic funds transfer system ."
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