ABSTRACT ATM (Automated Teller Machine) is a computerized telecommunications device that provides the clients (Customers) of a financial institution with access to financial transactions in a public space without the need for a cashier‚ human clerk or bank teller. All it needs is an ATM software that manages all these transactions in an efficient manner thereby making them more convenient for the customers and the bank authorities. The software gives planned approach to all the accessible sections
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capabilities and applications. ATMs –Automated Teller Machine ATMs have become the order of the day in banking. Most banks are networking the ATMs. A network of connected ATMs of various banks has resulted in the improvement of customer services. They can effectively reach out a large customer base at low cost. The customers by inserting a plastic card get currency notes from ATMs and their bank balance is revealed through ATMs. When the card is inserted in the ATM‚ the machine identifies the card holder
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Facial Verification Technology for Use In Atm Transactions Aru‚ Okereke Eze‚ Ihekweaba Gozie Department of Computer Engineering Michael Okpara University of Agriculture‚ Umudike‚ Umuahia‚ Abia State‚ Nigeria Opara‚ F.K. Department of Electrical/Electronics Engineering Federal University of Technology‚ Owerri‚ Imo State‚ Nigeria Abstract: There is an urgent need for improving security in banking region. With the birth of the Automatic Teller Machines‚ banking became a lot easier though with
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CARDLESS ATM “You are the Cash card” ABSTRACT: Over the past three decades‚ consumers have been largely depending on and trust the Automatic Teller Machine (ATM) to conveniently meet their banking needs. However‚ despite the numerous advantages of ATM system‚ ATM fraud has recently become more widespread. In this paper‚ we provide an overview of the possible fraudulent activities that may be perpetrated against ATMs and investigates recommended approaches to prevent these types of frauds
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------------------------------------------------- ATM Skimming An Ethical Look April 16‚ 2013 In the world we live in today our currency is promises. Our money is just paper backed by the promise of the United States government to back it up with hard currency‚ i.e. gold. Due to our lack of hard currency in everyday life there are many different ways to pay for things. These include: checks‚ credit cards‚ paper currency‚ and bank cards. One thing that has not changed about money is that‚
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king‚ ATMs are taking on a greater role in addressing people’s financial needs. Retail Banking Research shows that the number of ATMs are increasing globally and is expected to grow to 3 million by 2015‚ with the majority of the new installations planned in Asia‚ Africa and the Middle East. In the wake of this rapid lionization of ATM’s across the world‚ it is precursory to understand the reasons behind this rising popularity of the Automated Teller Machine(ATM). An ATM is an electronic machine that
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PROJECT ON ATM SIMULATOR BY:- Raman Goyal (UE98076) Pradeep Mittal (UE98068) Ravi Kumar (UE98078) Rishant Garg (UE98072) INTRODUCTION An automated teller machine (ATM)‚ also known as a Cash Point‚ Cash Machine or sometimes a Hole in the Wall in British English‚ is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier‚ human clerk or bank teller. ATMs are known by
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tell you about ATM cheating .I found one of the ways of cheaters to take your money from credit card using ATM machine. So I want to present it to you and warn against it. Today or tomorrow u can be a next victim of ATm cheating • On the first slide you can see next to the ATM machine a man who seemingly performs operations on his credit card bill. • In fact‚ he puts in the ATM reader a special plastic web - a "loop"‚ which "catches" the card of the next visitor. • ATM Machinations
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that the introduction of ATM has changed the face of electronic payment in Nigeria. This essay hopes to appraise the advent of ATM driven payment with regard to the present and future. 2.0 ORIGIN OF ATM IN NIGERIA Automated Teller Machines (ATM) was introduced into the Nigerian market in 1989‚ as a matter of fact‚ the very first ATM in Nigeria was installed by National Cash Registers (NCR) for the defunct Societe Generale Bank Nigeria (SGBN) in 1989. 2.1 BANKS AND ATMS Banks in the country are
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Use Case Documents and Drawings of ATM Strayer University Systems Analysis and Development CIS210 Professor July 27‚ 2013 ATM Withdraws Basic Description: Customer Logins and withdraws money Primary Actor: Customer Stakeholders: * Customer * Bank * Service Tech * Customer Service Preconditions: Customer must have ATM card and a PIN number Basic Flow: * Customer Inserts ATM card and removes quickly * Customer
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