Abbreviated as ACH, it is a network of batch processing systems for clearing electronic payments for participating financial agencies in the United States. Transactions received by a financial agency are stored and processed in batches, rather than in single transactions by the ACH network. The ACH network is governed by The Electronic Payments Association (NACHA). This industry association serves serves as both an industry trade association and the administrator of the Automated Clearing House (ACH) Network.
- hot backup
A technique used in data storage and backup that enables a system to perform a routine backup of data, even if the data is being accessed by a user. Hot backups are a popular backup solution for multi-user systems as no downtime to perform the backup is required. If a user alters the data during […]
- named user license
The phrase used to describe a type of software licensing agreement that allows you to be the only user of the software. The user name is specified when the software is purchased or registered, and while you can install the software on multiple systems, only the named user can access the software on one system […]
- intellectual property
Often abbreviated as IP, intellectual property refers to any property that is created using original thought. Traditional intellectual property rights include patents, copyrights and trademarks. Unlike tangible property, rights are not extinguished when the property is destroyed.
- MIT license
A type of license recognized by the The Open Source Initiative (OSI) that complies with the Open Source Definition. The MIT license permits reuse within proprietary software on the condition that the license is distributed with that software. The MIT license is one of well over fifty licenses that have been approved by the OSI. […]
- Ecommerce Hosting
A phrase used to describe a type of website hosting platform that is used to serve an electronic commerce website. Ecommerce hosting differs from standard Web hosting in that a number of features and functionalities are required to manage and run a commercial website. This includes SSL, database support, shopping cart software, payment processing services, […]