Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Security features of atm

  • Login to see the comments

Security features of atm

  1. 1. Definition of ATM An ATM is an electronic device which allows a bank's customer to make cash withdrawals and check their account balance at any time without the need for a human teller. Many ATMs also allow depositing cash or cheques, transfer money between their banks. The World's first ATM was installed in ENFIELD town in the London on June 27, 1967 by Barclays bank. ATMs are known by various other names including Automated Transaction Machine, automated banking machine, cash point (in Britain),money machine, bank machine, cash machine, hole-in-the-wall, Bancomat (in various countries in Europe and Russia), Multibanco (after a registered trade mark, in Portugal), and Any Time Money (in India).
  2. 2. An automated teller machine or automatic teller machine (ATM), also known as an automated banking machine (ABM) in Canada, and a Cash point (which is a trademark of Lloyds TSB), cash machine or sometimes a hole in the wall in British English, 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 cashier, human clerk or bank teller. ATMs are known by various other names including ATM machine, automated banking machine, and various regional variants derived from trademarks on ATM systems held by particular banks

×