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Banking Acronyms > FutureCore Acronyms > Flashcards

FutureCore Acronyms Flashcards

1
Q

ABT

A

Amegy Bank of Texas

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2
Q

ACH

A

Automated Clearing House

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3
Q

ACLS

A

Retail Lending, Automated Consumer Lending System

Our old consumer lending system, replaced by BaNCS R1

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4
Q

BART

A

Bank and Research Tool, to be replaced with TCS BaNCS

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5
Q

BRD

A

Business Requirement Document

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6
Q

Code 1

A

This is a real time interface with USPS to validate address

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7
Q

ELO

A

Enterprise Loan Operations

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8
Q

EMC

A

Executive Management Committee

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9
Q

ESIGN

A

Electronic Signatures in Global and National Commerce act

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10
Q

FASB

A

Financial Accounting Standards Board

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11
Q

FCPA

A

Foreign Corrupt Practices Act

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12
Q

InfoPoint

A

InfoPoint

This was the branding name of the TriSyn / Infor deposits application that runs on the mainframe. Isn’t used often now, and not sure if it is still accurate, since it has been through so many owners.

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13
Q

ISZ

A

Interface Specification Requirements (Zions)

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14
Q

IVR

A

Interactive Voice Response

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15
Q

LAE

A

LAE

Loan Accounting Engine

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16
Q

NACHA

A

National Automated Clearing House Association establishes the standards, rules and procedures that enable depository financial institutions to exchange payments on a national basis.

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17
Q

NBA

A

National Bank of Arizona

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18
Q

NBL

A

NBL

New BaNCS Link

This is the new UI for BaNCS, which we have decided not to use. The old one we are using is called NBC.

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19
Q

NFR

A

NFR

Non Functional Requirements

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20
Q

NRE

A

National Real Estate

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21
Q

NRF System

A

Refund Tracking System

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22
Q

NSB

A

Nevada State Bank

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23
Q

NSF

A

Non Sufficient Funds

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24
Q

OD

A

Overdrawn, when an Account has reached a negative balance condition.

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25
Q

OFAC

A

Office of Foreign Assets Control

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26
Q

ORS

A

Overdraft Review System

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27
Q

Positive Pay

A

A process by which the customer advices the bank on what checks to pay.

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28
Q

Prolifics

A

IT Consulting Vendor

This vendor helped implement some parts of the MDM solution for Zions. Problematic to Lisa and Aimee if I recall.

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29
Q

RCL

A

Revolving Credit Line

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30
Q

RP

A

Relationship Pricing

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31
Q

RRD

A

RRD

R.R. Donnelley - 3rd Party Company handles Statements and Notices

we send the information to rrd, they assemble the statement and sends to us as PDF. We used to do this, but someone decided it was more cost effective for rrd to do it. And then we store it in Xnet.

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32
Q

SAR

A

Suspicious Activity Report

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33
Q

SBA

A

Small Business Administration

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34
Q

SCRA

A

The Service member Civil Relief Act (SCRA) formerly known as the Soldiers and Sailors Civil Relief Act (SSCRA), Which is a Federal Law that provides protection for military members as they enter active duty.

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35
Q

Shadow Processing

A

Off Balance Sheet Processing

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36
Q

Shaw

A

Commercial Lending

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37
Q

SI

A

Service Integrator

This is some module that is part of BaNCS, I can’t find any notes on it.

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38
Q

SIT

A

System Integration Testing

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39
Q

SNF

A

Statement Notice Forms ? Application that supports and collects all notices that need to be mailed from the our third party vendor

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40
Q

Tran Code

A

A numeric code that identifies the type of transaction within the deposit system.

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41
Q

TRD

A

Technical Requirements Document

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42
Q

UAT

A

User Acceptance Testing

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43
Q

UDAAP

A

Unfair, Deceptive, or Abusive Acts or Practices

44
Q

UFE

A

United File Extract

45
Q

UFT

A

Universal Funds Transfer

46
Q

VBC

A

Vectra Bank Colorado

47
Q

VSoft

A

Vsoft is the Teller capture front end vendor, and we have also reviewed them for Image Archive Replacment for check imaging. They have a bunch of banking software.

48
Q

XNET

A

Image archive retrieval tool, goes against the mainframe Filenet (I think) and is the client used to view images - statements mainly I think.

49
Q

ZUES

A

Front End System used by the Branches and some Back Office Departments

50
Q

ABA

A

American Bankers Association

51
Q

ABA Number/Routing Number

A

A sequence of nine numbers used by banks to identify specific financial institutions within the US

52
Q

AML

A

Anti Money Laundering

53
Q

BSA

A

Bank Secrecy Act

54
Q

CBS

A

Core Banking Solution

55
Q

CDI

A

Customer Data Information

Part of the CDI Hub

56
Q

CFPB

A

The Consumer Financial Protection Bureau

57
Q

CGC

A

Credit Guarantee Corporation

58
Q

CIF

A

Customer Information Facility/File

59
Q

CLCS

A

CLCS - Commercial Lending something

Old app tht does our commercial lending, being replaced by R2. ACLS was the personal lending app, and it was replaced in R1

60
Q

Deposits App

A

Mainframe App that includes Checking, Savings, and Money Market. Aplication supporting DDA, SAV, MMA, CRL, AA ID. TriSyn, now Infor is the vendor

61
Q

DMZ

A

Data Mapping (Zions)

62
Q

DTS

A

Data Transmission Services

63
Q

EDW

A

Enterprise Data Warehouse

64
Q

EE

A

Exceptions Express

I think this is part of the overall ORS system. I know Yvonne Cheek said Daryl was super busy with the replacement last summer

65
Q

EFT

A

Electronic Funds Transfer

66
Q

EOD

A

End of DAY

67
Q

Escheated Account

A

An account that has funds available but has had no activity by the customer in ——# of days form the Dormant Date. This is also considered an abondend account or abandoned property.

68
Q

Float

A

The dollar amount of deposited cash items that are in the process of collection from the drawee banks, also known as uncollected funds.

69
Q

FRB

A

Federal Reserve Bank

70
Q

FSD

A

Functional Specification Document ? Solution Requirements

71
Q

GAAP

A

Generally Accepted Accounting Principles

72
Q

GLIF

A

General Ledger Interface

73
Q

IB

A

Internet Banking

74
Q

KYC

A

Know Your Customer

75
Q

LOC

A

Line of Credit

76
Q

MICR

A

Magnetic Ink Character Recognition

77
Q

REG CC

A

Reg CC

Availability of Funds and Collections of Checks

CFPB requirement under Dodd-Frank, regulates the amount of money a bank must make available the next business day (I think) after a deposit. Even if the bank isn’t sure the a deposited check is valid, it is required to make some money available. There is a cap on it to limit risk to the bank adjusted for inflation. Right now it is $200, but it could change based on inflation. to deposits the next business day.

78
Q

REG D

A

This Reg Limits the number of withdrawals and transfers from a savings account or money market account (6 per month)

79
Q

REG DD

A

Truth in Savings ACT -requires lenders to provide certain uniform information about fess and interest when opening an account for a customer. This only applies to individual accounts not business.

80
Q

ROC

A

Risk Oversight Committee

81
Q

RRZ

A

Report Requirements (Zions), Reporting business requirements (Includes statements).

82
Q

RSZ

A

Reporting Specifications (Zions)

83
Q

Time

A

CD’s and IRA’s

84
Q

ZBA

A

Zero Balance Account

Usually a Sweep Account

85
Q

ZFNB

A

Zions First National Bank

86
Q

ZMSC

A

Zions Management Services

87
Q

ARE

A

Accounting Rules Engine

88
Q

COB

A

Close of Business

89
Q

Combined Statement

A

When more than one Account is included on a Statement

90
Q

Correspondent Bank

A

A Bank that maintains an account relationship or exchanges services with another bank

91
Q

CRA

A

Community Reinvestment Act

92
Q

Credit Lead

A

Loan Origination System

93
Q

IBN

A

Internet Banking Number

94
Q

IFRS

A

International Financial Reporting Standards

Sort of the equivilant of the US’s GAAP, but for the rest of the world pretty much.

95
Q

Jumbo CD

A

Cd’s Over $100,000.00

96
Q

OREO

A

Other Real Estate Owned

97
Q

Original Branch

A

Branch in which the customer opened the account.

98
Q

SOD

A

Start of Business

99
Q

SOR

A

System of Record

100
Q

TCS

A

Tata Consultancy Services

101
Q

TD

A

Time Deposit

102
Q

TDD

A

Technical Design Document

103
Q

TIB

A

Treasury Internet Banking, which allows a Treasury Customer to see intraday balances

104
Q

X9 File

A

X9 is the format of the file which contains debits and credits to post to customer accounts. These files are received by MICR Capture for processing.

105
Q

SNI

A

Statement Notice Identifier

106
Q

BST

A

BST is the new team name for the what was the Model bank team. It stands for Business Systems Team.

107
Q

SI

A

SI

Service Integrator from TCS

Banking Acronyms (5 decks)

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