IBM Check Processing Control System
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IBM Check Processing Control System
CPCS (Check Processing Control System) is an IBM software product that supports high-speed check sorting within financial institutions. The software works in conjunction with check-sorting equipment, such as the IBM 3890. IBM began development of CPCS in or before 1971. It was scheduled to be available in October 1972, although the IBM System/360 and System/370 Bibliography shows CPCS documentation as newly added in the August 1972 edition. The goal was to create a database of all MICR entries and handle pass control. It was designed to work with OS/360 in 256KB of core storage. It was IBM Product 5734-F11. 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. IBM withdrew CPCS from marketing on Nov 29, 2021. References See also * ...
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Computerworld
''Computerworld'' (abbreviated as CW) is a computer magazine published since 1967 aimed at information technology (IT) and Business computing, business technology professionals. Original a print magazine, ''Computerworld'' published its final print issue in 2014; since then, it has been available as an online news website and as an online magazine. As a printed weekly during the 1970s and into the 1980s, ''Computerworld'' was the leading trade publication in the data processing industry. Based on circulation and revenue it was one of the most successful trade publications in any industry. Later in the 1980s it began to lose its dominant position. It is published in many countries around the world under the same or similar names. Each country's version of ''Computerworld'' includes original content and is managed independently. The publisher of ''Computerworld'', Foundry (formerly IDG Communications), is a subsidiary of International Data Group. History The publication was lau ...
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Z/OS
z/OS is a 64-bit operating system for IBM z/Architecture mainframes, introduced by IBM in October 2000. It derives from and is the successor to OS/390, which in turn was preceded by a string of MVS versions.Starting with the earliest: * OS/VS2 Release 2 through Release 3.8 * MVS/System Extensions (MVS/SE) * MVS/System Product (MVS/SP) Version 1 * MVS/System Product Version 2 (MVS/Extended Architecture, MVS/XA) * MVS/System Product Version 3 (MVS/Enterprise Systems Architecture, MVS/ESA) * MVS/ESA SP Version 4 * MVS/ESA SP Version 5 Like OS/390, z/OS combines a number of formerly separate, related products, some of which are still optional. z/OS has the attributes of modern operating systems but also retains much of the older functionality that originated in the 1960s and is still in regular use—z/OS is designed for backward compatibility. Major characteristics z/OS supportsSome, e.g., TSO/E, are bundled with z/OS, others, e.g., CICS, are separately priced. stable ...
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Check Sorting Software
Check or cheque, may refer to: Places * Check, Virginia Arts, entertainment, and media * ''Check'' (film), a 2021 Indian Telugu-language film * "The Check" (''The Amazing World of Gumball''), a 2015 episode of ''The Amazing World of Gumball'' * ''The Checks'' (episode), a 1996 TV episode of ''Seinfeld'' Games and sports * Check (chess), a threat to capture the king or general * Check (poker), declining to bet * Checking (ice hockey), several techniques * Casino chip, less commonly referred to as a check Music * ''The Checks'' (band), a New Zealand band * "Check" (Meek Mill song), 2015 * "Check" (Young Thug song), 2015 * "Check", a song by bbno$, 2025 * "Check", a song by Chris Janson from '' Real Friends'', 2019 * "Check", a song by E-40 from '' The D-Boy Diary: Book 1'', 2016 * "Check", a song by Flo from ''Access All Areas'', 2024 * "Check", a song by Kojo Funds featuring Raye from ''Golden Boy'', 2018 * "Check", a song by Lil Durk from ''Lil Durk 2X'', 2016 * "Check", a ...
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Proprietary Software
Proprietary software is computer software, software that grants its creator, publisher, or other rightsholder or rightsholder partner a legal monopoly by modern copyright and intellectual property law to exclude the recipient from freely sharing the software or modifying it, and—in some cases, as is the case with some patent-encumbered and EULA-bound software—from making use of the software on their own, thereby restricting their freedoms. Proprietary software is a subset of non-free software, a term defined in contrast to free and open-source software; non-commercial licenses such as CC BY-NC are not deemed proprietary, but are non-free. Proprietary software may either be closed-source software or source-available software. Types Origin Until the late 1960s, computers—especially large and expensive mainframe computers, machines in specially air-conditioned computer rooms—were usually leased to customers rather than Sales, sold. Service and all software available ...
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Software
Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital computers in the mid-20th century. Early programs were written in the machine language specific to the hardware. The introduction of high-level programming languages in 1958 allowed for more human-readable instructions, making software development easier and more portable across different computer architectures. Software in a programming language is run through a compiler or Interpreter (computing), interpreter to execution (computing), execute on the architecture's hardware. Over time, software has become complex, owing to developments in Computer network, networking, operating systems, and databases. Software can generally be categorized into two main types: # operating systems, which manage hardware resources and provide services for applicat ...
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Financial Institutions
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions. Broadly speaking, there are three major types of financial institution: # Depository institution – deposit-taking institution that accepts and manages deposits and makes loans, including bank, building society, credit union, trust company, and mortgage broker; # Contractual institution – insurance company and pension fund # Investment institution – investment bank, underwriter, and other different types of financial entities managing investments. Financial institutions can be distinguished broadly into two categories according to ownership structure: * commercial bank * cooperative bank Some experts see a trend toward homogenisation of financial institutions, meaning a tendency to invest in similar areas and have similar business strategies. A consequence of this might be fewer banks ...
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IBM 3890
IBM manufactured and sold document processing equipment such as proof machines, inscribers and document reader/sorters for financial institutions from 1934 to 2005. IBM and document processing Prior to the introduction of computers, cheque processing was performed manually by each institution. IBM recognised the opportunity to automate this processing and began a long period of building machines for this purpose, a period that started when IBM announced the IBM 801 Bank Proof machine in 1934. By eliminating hand written ledgers, the IBM 801 automated teller operations. By the mid 1950s many banks began to investigate how they could use new technology to help them handle the ever growing volume of cheques that needed to be processed on a daily basis.   As an example, Bank of America's checking accounts were growing at a rate of 23,000 per month and banks were being forced to close their doors by 2 p.m. to finish daily postings. Meanwhile, in the United Kingdom, wages began t ...
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Network World
International Data Group (IDG, Inc.) is an American market intelligence and demand generation company focused on the technology industry. IDG, Inc.'s mission is centered around supporting the technology industry through research, data, marketing technology, and insights that help create and sustain relationships between businesses. IDG, Inc. is wholly owned by Blackstone and is led by Genevieve Juillard, who was appointed CEO of the company in 2023. Juillard serves on IDG, Inc.'s leadership team along with IDC President Crawford Del Prete and IDG, Inc.'s Chief Financial Officer Tiziana Figliolia. IDG, Inc. is headquartered in Needham, Massachusetts and is the parent company of both International Data Corporation (IDC) and Foundry (formerly IDG Communications). History International Data Group was initially founded as International Data Corporation (IDC) in 1964 by Patrick Joseph McGovern, shortly after he had graduated from the Massachusetts Institute of Technology (MIT) ...
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IBM System/360
The IBM System/360 (S/360) is a family of mainframe computer systems announced by IBM on April 7, 1964, and delivered between 1965 and 1978. System/360 was the first family of computers designed to cover both commercial and scientific applications and a complete range of applications from small to large. The design distinguished between architecture and implementation, allowing IBM to release a suite of compatible designs at different prices. All but the only partially compatible Model 44 and the most expensive systems use microcode to implement the instruction set, featuring 8-bit byte addressing and fixed-point binary, fixed-point decimal and hexadecimal floating-point calculations. The System/360 family introduced IBM's Solid Logic Technology (SLT), which packed more transistors onto a circuit card, allowing more powerful but smaller computers. System/360's chief architect was Gene Amdahl, and the project was managed by Fred Brooks, responsible to Chairman Thomas J. Wat ...
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IBM Mainframe
IBM mainframes are large computer systems produced by IBM since 1952. During the 1960s and 1970s, IBM dominated the computer market with the 7000 series and the later System/360, followed by the System/370. Current mainframe computers in IBM's line of business computers are developments of the basic design of the System/360. First and second generation From 1952 into the late 1960s, IBM manufactured and marketed several large computer models, known as the IBM 700/7000 series. The first-generation 700s were based on vacuum tubes, while the later, second-generation 7000s used transistors. These machines established IBM's dominance in electronic data processing ("EDP"). IBM had two model categories: one (701, 704, 709, 7030, 7090, 7094, 7040, 7044) for engineering and scientific use, and one (702, 705, 705-II, 705-III, 7080, 7070, 7072, 7074, 7010) for commercial or data processing use. The two categories, scientific and commercial, generally used common peripherals but had co ...
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Wachovia
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating financial centers in 21 states and Washington, D.C., with locations from Connecticut to Florida and west to California. Wachovia provided global services through more than 40 offices around the world. The acquisition of Wachovia by Wells Fargo was completed on December 31, 2008, after a government-forced sale to avoid Wachovia's failure. The Wachovia brand was absorbed into the Wells Fargo brand in a process that lasted three years. On October 15, 2011, the final Wachovia branches were converted ...
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IBM Software
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S. patents generated by a business. IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR), a holding company of manufacturers of record-keeping and measuring systems. It was renamed "International Business Machines" in 1924 and soon became the leading manufacturer of punch-card tabulating systems. During the 1960s and 1970s, the IBM mainframe, exemplified by the System/360 and its successors, was the world's dominant computing platform, with the compan ...
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