Payment Glossary

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

  • Originator

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

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  • Remote Deposit

    Remote deposit (or remote deposit capture) is the process of converting paper or mailed-in checks to an electronic file for processing.

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