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Synchronous communication
Synchronous communications is that which takes place in real-time between two or more parties.
Synchronous communications is that which takes place in real-time between two or more parties. Put simply; a synchronous communication exchange is an interactive, 'live' interchange between people. Think phone calls or an active chat exchange.
Related Glossaries
ACH
(Automated Clearing House) or ACH transaction, is an electronic bank to bank money transfer.
BIC
BIC stands for Bank Identifier Code.
Exit interview
An exit interview is a meeting with an employee who is about to leave, or has recently left.
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