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My understanding is they sftp batches of CSV files at eachother.
by usrn 5y ago
My understanding is they sftp batches of CSV files at eachother.
- shivaas 5y agothis is probably closer to the truth that you might have imagined :) that at that most of the $1T+ ACH transfers that happen daily in the US banking system happen over plaintext files and SFTP (source: I've written one of these files)