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COR (Notification of Change)
A COR entry is initiated by a receiving depository financial institution (RDFI) to inform an originator of incorrect information submitted in an entry. The originator must correct...
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DFI (Development Finance Institution)
A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.
Related Terms
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Discount Rate
Merchants are charged a fee for the processing services that enable them to accept cards as payment. This fee, called the "merchant discount” or "discount rate,” is...
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