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Green Dot also transfers individuals' direct deposit funds (such as Social Security payments) from the US government to personal bank accounts. They also provide co-branded card programs to Walmart, Boost Mobile, AT&T and Citibank. In 2007, Green Dot raised $20 million in funding, including Sequoia Capital as an investor.
Description. A DPO is similar to an initial public offering (IPO) in that securities, such as stock or debt, are sold to investors. But unlike an IPO, a company uses a DPO to raise capital directly and without a "firm underwriting" from an investment banking firm or broker-dealer. A DPO may have a sponsoring FINRA broker, but the broker does ...
Direct memory access (DMA) is a feature of computer systems that allows certain hardware subsystems to access main system memory independently of the central processing unit (CPU). [1] Without DMA, when the CPU is using programmed input/output , it is typically fully occupied for the entire duration of the read or write operation, and is thus ...
Fixed deposit. A fixed deposit ( FD) is a tenured deposit account provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. The term fixed deposit is most commonly used in ...
Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...
Banking. A giro transfer, often shortened to giro ( / ˈdʒaɪroʊ, ˈʒɪəroʊ / ), [1] is a payment transfer from one current bank account to another bank account and initiated by the payer, not the payee. [2] The debit card has a similar model. Giros are primarily used in Europe; although electronic payment systems exist in the United ...
A scintillator ( / ˈsɪntɪleɪtər / SIN-til-ay-ter) is a material that exhibits scintillation, the property of luminescence, [1] when excited by ionizing radiation. Luminescent materials, when struck by an incoming particle, absorb its energy and scintillate (i.e. re-emit the absorbed energy in the form of light).
Zelle uses ACH to settle the payments overnight, similar to direct deposit. Zelle users can send money to other registered Zelle users. (If they attempt to send money to unregistered recipients, the intended recipient will receive an invitation to sign up for the service to complete the transaction.)