have also changed due to ICT. Cheques can now be cleared easier and quicker through the use of Magnetic Ink Character Recognition (MICR). Extensive use of ICT in Banks: • Magnetic Ink Character Recognition (MICR) • Bankers’ Automated Clearing Services (BACS) • Automated Teller Machines (ATM) • Electronic Funds Transfer at Point of Sale (EFTPOS) • Electronic Funds Transfer (EFT) • Smart Cards MICR: These are the strange looking numbers at the bottom of a cheque. They are written in a
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DEPARTMENT OF ELECTRONIC & COMMUNICATION‚ PRANVEER SINGH INSTITUTE OF TECHNOLOGY) The following diagram below shows the block diagram‚ them implemented/used/work with. In this work it was also observed that they added: i) ATM (Automated Teller Machine)‚ an automated teller machine (ATM) or automatic banking machine (ABM) is a computerized telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a
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AUTOMATED COMPUTING BIR FORMS SYSTEM INTRODUCTION Everyone pays taxes in one form or another- mostly income and sales taxes. But why do we pay these taxes? There are many services offered to citizens that could not be managed effectively under any other system. The taxes we pay goes for services such as for public schools‚ safe highways‚ healthcare‚ prisons and social services for low-income citizens. The city or county where you live provides water and garbage service‚ police and fire protection
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ELECTRONIC PAYMENT OF SALARIES OF STAFF TO NIGERIAN CIVIL SERVANTS PROBLEMS AND PROSPECTS T. A. NGEREBO-A‚Ph.D DEPARTMENT OF BANKING AND FINANCE‚ RIVERS STATE UNIVERSITY OF SCIENCE AND TECHNOLOGY‚ PORT HARCOURT‚ E-MAIL: oniminp2002@yahoo.com AND SUNDAY C. NWITE DEPARTMENT OF BANKING AND FINANCE EBONYI STATE UNIVERSITY – ABAKALIKI E-mail: nwitewhite2006@yahoo.com ABSTRACT Electronic payment of salaries to staff is a new development in the country. Electronic payment is a process
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requests 24 hours a day in order to help federal partners and law enforcements solve crimes. Not only does the Automatic Fingerprint Identification system (AFIS) hold a role for saving fingerprints and criminal records‚ but also the system provides automated
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Automated Teller Machine Network Pricing - A Review of the Literature Mcandrews‚ James J. Federal Reserve Bank of New York‚ Citation Information: Review of Network Economics. Volume 2‚ Issue 2‚ Pages –‚ ISSN (Online) 1446-9022‚ DOI: 10.2202/1446-9022.1023‚ June 2003 Publication History: Published Online: 2003-06-01 Automated teller machines (ATMs) have altered the relationship between banks and their depositors‚ as well as the competitive relationships among banks. In this paper‚ I survey the
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bank accounts and fund transfers of those who use the internet for purchases‚ banking‚ or use other automated machines. Due to these security issues two information technology acts were created to protect the people. First‚ the Electronic Fund Transfer Act (EFTA) was created in 1978. Then‚ the No Electronic Theft (NET) Act was created in 1997. The increasing popularity of online shopping‚ automated teller machines (ATMs)‚ online banking‚ point-of-sale terminals‚ telephone bill payments‚ and many
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By Richard‚ K & Badaki‚ V. J Introduction Until the last quarter of the 20th century‚ language teaching and learning was influenced by two tendencies: comparative linguistics studies of the 19th century and theories and methods of descriptive linguistics (Crystal 1994). Now there is a new perspective that stems from recent advancement in information technology which revolutionized language pedagogy such that most areas of language
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References: (1) "Automated highway systems" by: William‚ Siuru. Popular Electronics. ‚ v. 15 no1 (Dec. 1998)p. 33-5. (2) "Traffic congestion: A solvable problem" by: Peter‚ Samuel. Issues in Science and Technology. ‚ v. 15 no 3 (Spring 1999) p. 49-56. (3) "Cruise control:
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person is caught driving with no insurance or with suspended licenses. There are people with warrants riding around every day like they do not have a care in the world‚ but with the help of automated license plate recognition these numbers are decreased. Law enforcement all over the world are adopting the automated license plate recognition technology to help them fight crime and make their job just a little easier. This technology helps law enforcement detect cars that have been stolen‚ cars that have
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