Financial Services
Term in which one person justifiably places confidence and trust in someone else, and seeks that person's help or advice in some matter
What is a Fiduciary
a metric that measures a company's ability to pay its debts using its cash flow. It's calculated by dividing a company's net operating income (NOI) by its total debt service (TDS)
What is Debt Service Coverage Ratio
a fee charged by a bank when a customer's account balance is negative due to a purchase or withdrawal
What is an Overdraft Fee
a one-time fee you pay to lower the interest rate on your home purchase or refinance
The rate used to offset fees in an account analysis product
What is "Earnings Credit Rate"
A standard or point of reference against which things may be compared or assessed (Think Investments)
What is a Benchmark
a spreadsheet that details the assets and liabilities of an individual, couple, or business at a specific point in time
What is a Personal Financial Statement
a card printing capability that allows for the on-demand printing of any financial card (debit, credit, ATM), putting permanent and ready-to-use cards in your customers' hands in minutes
What is Instant Issue
The ratio used to determine a borrowers ability to repay, which is determined by dividing monthly income by monthly obligations
What is Debt to Income (DTI)
A fraud mitigating service that matches check issue files to checks presented
What is "Positive Pay"
The process of taking a comprehensive look at your financial situation and building a specific financial plan to reach your goals. the process of taking a comprehensive look at your financial situation and building a specific financial plan to reach your goals.
What is Financial Planning
a percentage that compares the amount of a loan to the value of an asset being purchased
What is Loan to Value (LTV)
The amount of days a client has to renew a CD after th maturity date
What is 10 Days
A loan that is originated based on a Bank's individual loan policies and funded using the Bank's own money
What is "Portfolio Loan"
This product allows customers to place an order via self-service touch screens in a restaurant
What is "Clover Kiosk"