What does ftp mean in banking

What does ftp mean in banking?

ftp stands for file transfer protocol. This is a commonly used method to transfer files between your computer and the server. This is especially popular with hosting and website maintenance because it allows you to upload and download files without going through the web browser. It also eliminates security risks, since the connection is not made through your computer’s web browser. The connection is made using the secure sockets layer (SSL).

What does FTP mean in money laundering?

ftp is a file transfer protocol. A file transfer protocol is the commonly used method of sending and receiving files over the Internet. FTP is essential for securely moving files between different networks. In cyber-crime, it is used to send stolen data from one computer to another without anyone else being aware of it. Money laundering is a process of making dirty money appear legitimate by converting it into legal tender.

What does FTP mean in banking?

FTP is the acronym for file transfer protocol. It allows users to transfer files between remote machines using a file transfer agent (also called an FTP server) on one end and a file manager on the other (a computer). A banking software developer can use FTP to transfer files to a developer’s computer who is working on an update to the software. Transfers are generally performed over the Internet, though FTP can also be used over a LAN, i.e. a local area network.

What does FTP mean in banking terms?

FTP is a file transfer protocol, which refers to the way data is sent and received between computers on the internet. FTP is a secure way to transfer files between two locations, either a local drive or a web server. FTP is a popular way to transfer large files, such as images, videos, and software programs.

What does FTP mean in the banking industry?

FTP or file transfer protocol is a method for sending data from one computer to another. Data is usually sent as a continuous stream of bytes, which is why FTP is also called a “streaming” or “file transfer” protocol. The file is broken into small chunks of data called “packets” that are sent one at a time. FTP is used for file transfer between two servers, between a server and a local machine, or between different users on the same