ISO 55000:2024— Asset Management Vocabulary & Principles
Asset management applies to any organization, at all levels and across all departments. As such, understanding its terminology, principles, and outcomes is key to an…
ISO/IEC 7816-4:2020—Identification Cards
Integrated circuit cards are not only more secure than cards with magnetic strips, but they also provide more functionality. They are a part of numerous…
ISO 8583:2023—Financial Transaction Card Originated Message
In 1950, the Diners Club Card, became the first credit card. Although it could only be used at 28 restaurants and two hotels in New…
ANSI X9.104-1-2004 (R2023): Card Originated Messages
The substitution of electronic financial transactions at the point of sale for their paper-based predecessors has reduced costs and improved efficiency, particularly in the operation…
ISO 13491-2:2023 – Security Compliance Checklists
The origin of cryptography dates back to 1900 BC Egypt in the form of hieroglyphics. The scribe of the main chamber of the tomb of…
ANSI X9.95-2022: Time Stamp Management And Security
Cornelius Wilson invented the time stamp, and his company, the Automatic Time Stamp Company of Boston, Massachusetts, produced it in 1880. Wilson’s time stamp recorded the time,…
ANSI X9.100-120: Bank Deposit Tickets
Bank deposit tickets–otherwise known as deposit slips or receipts–are integral items for certain banking activities. As the proof that a deposit has been made, it…
Electronic Exchange of Check and Image Data
Check 21 First enacted on October 8, 2004, the 21st Century Act (also known as the Check 21 law) allows banks to handle more checks…
MICR External Processing Code (EPC), ANSI X9.100-160-2-2020
Prominently printed at the bottom of a bank check, a Magnetic Ink Character Recognition (MICR) line conveys distinguishing information to both humans and machines. To…