Originator

A company, individual or entity that initiates entries into the ACH network.

Related Terms

  • Basis Points

    Basis Points is a financial term that describes one one-hundreth of a percent (1 basis point = .0001 or .01%). Normally, the addition of basis points for...

    Learn More

  • OCR (Optical Character Recognition)

    A technology that enables you to convert different types of documents into editable and searchable data.

    Learn More