FEDI

(redirected from Financial Electronic Data Interchange)
AcronymDefinition
FEDIFinancial Electronic Data Interchange
FEDIFugro EarthData, Inc. (Maryland)
FEDIFailure Experience Data Interchange
References in periodicals archive ?
"We have the prospect of what might become a huge market, but now there's none." Indeed, while business-to-business commerce and financial electronic data interchange have taken off to some degree, on-line retail commerce, particularly for microtransactions, has been slow out of the starting gate - despite last year's furious hype.
When electronic transfers of funds and electronic remittance data are combined to make payments, the transactions are called financial electronic data interchange (financial EDI).
Since domestic clearinghouse processing is batch-oriented, it's well-suited to high-volume, low-value payments, which include direct deposit of payroll; Social Security; pensions, annuities and dividends; financial electronic data interchange; direct debits; electronic bill payment; and point-of-sale, electronic, tax, government and commercial vendor payments.
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