An ATM allows customers to access their bank accounts to withdraw cash, check balances, and perform other transactions without a bank teller. The customer inserts their card with a magnetic stripe or chip and enters a PIN for authentication. The ATM can provide cash withdrawals from linked accounts, deposits, money transfers between accounts, and balance inquiries. Security features include limiting total withdrawal amounts and printing receipts to later exchange for cash to reduce fraud.
The document provides an overview of automated teller machines (ATMs). It discusses what an ATM is, the history and growth of ATMs, their functions and structure. Key points covered include that an ATM allows customers to access financial transactions without a human clerk, the first ATM was installed in 1967 in London, and ATMs now number in the millions worldwide. Functions of ATMs include withdrawing cash, checking balances, paying bills and transferring funds. Common ATM components are also outlined such as card readers, displays, cash dispensers and receipt printers.
The document provides information about ATM machines, including:
- It describes the basic functions of an ATM machine and how customers can access their bank accounts and perform transactions even when the bank is closed.
- It discusses the history and development of the first ATM machines in the late 1960s.
- It outlines the key components of an ATM machine, including the card reader, host processor, keypad/touchscreen, screen, receipt printer, cash dispenser, and their basic functions.
- It briefly explains how ATM machines connect to host processors and bank servers to authorize transactions and access customer account information.
An ATM allows customers to access financial services without a human clerk. It uses a card with magnetic stripe or chip to identify the customer and a PIN for security. The first ATM was introduced in 1967 in London. An ATM has components like a card reader, keypad, display, printer and cash dispenser. It communicates with a host processor to approve transactions, transferring funds between accounts. ATMs are commonly placed in locations where many people gather for convenience.
Watch the presentation about Presentation On ATM Technology .I have explained the detail of ATM in a concise manner.For any doubts message us.
Best Wishes
#ATM #ATMTECHNOLOGY #Atmtechnology
The document describes an ATM software project. It discusses how ATMs allow customers to access bank accounts to withdraw cash, check balances, and purchase items without a human clerk. The project aims to develop an improved ATM system with better security by using blowfish encryption and storing card information on a USB drive instead of a card. It outlines problems with existing systems like lack of security and manual processes. The blowfish algorithm and encryption process are also explained at a high level.
This presentation summarizes an ATM system. It includes sections on introduction, software and hardware requirements, functions like cash withdrawal and deposits, state and user case diagrams, data flow diagram, class diagram, advantages like convenience and privacy, disadvantages like security risks, screen shots, future scopes such as biometric authentication and white label ATMs, conclusion that ATMs provide secure banking though require improving security, and references.
The document provides information about Automated Teller Machines (ATMs) in India, including their history, how they work, security measures, and benefits. It notes that ATMs were first introduced in 1967 in London and have since gained prominence as a delivery channel for banking in India. The number of ATMs in India has grown significantly in recent years and is expected to continue growing.
The document discusses the history and functions of automated teller machines (ATMs). It traces the development of ATMs from early prototypes in the 1930s to the first modern ATM introduced in the UK in 1972. It describes the basic components of an ATM and how they enable customers to perform transactions like withdrawing cash, checking balances, and transferring funds 24/7 without visiting a bank. Benefits include convenience and round-the-clock service for customers as well as reduced workload for bank staff. Potential disadvantages involve limited availability in remote areas and security issues if a card is stolen.
The document provides an overview of automated teller machines (ATMs). It discusses what an ATM is, the history and growth of ATMs, their functions and structure. Key points covered include that an ATM allows customers to access financial transactions without a human clerk, the first ATM was installed in 1967 in London, and ATMs now number in the millions worldwide. Functions of ATMs include withdrawing cash, checking balances, paying bills and transferring funds. Common ATM components are also outlined such as card readers, displays, cash dispensers and receipt printers.
The document provides information about ATM machines, including:
- It describes the basic functions of an ATM machine and how customers can access their bank accounts and perform transactions even when the bank is closed.
- It discusses the history and development of the first ATM machines in the late 1960s.
- It outlines the key components of an ATM machine, including the card reader, host processor, keypad/touchscreen, screen, receipt printer, cash dispenser, and their basic functions.
- It briefly explains how ATM machines connect to host processors and bank servers to authorize transactions and access customer account information.
An ATM allows customers to access financial services without a human clerk. It uses a card with magnetic stripe or chip to identify the customer and a PIN for security. The first ATM was introduced in 1967 in London. An ATM has components like a card reader, keypad, display, printer and cash dispenser. It communicates with a host processor to approve transactions, transferring funds between accounts. ATMs are commonly placed in locations where many people gather for convenience.
Watch the presentation about Presentation On ATM Technology .I have explained the detail of ATM in a concise manner.For any doubts message us.
Best Wishes
#ATM #ATMTECHNOLOGY #Atmtechnology
The document describes an ATM software project. It discusses how ATMs allow customers to access bank accounts to withdraw cash, check balances, and purchase items without a human clerk. The project aims to develop an improved ATM system with better security by using blowfish encryption and storing card information on a USB drive instead of a card. It outlines problems with existing systems like lack of security and manual processes. The blowfish algorithm and encryption process are also explained at a high level.
This presentation summarizes an ATM system. It includes sections on introduction, software and hardware requirements, functions like cash withdrawal and deposits, state and user case diagrams, data flow diagram, class diagram, advantages like convenience and privacy, disadvantages like security risks, screen shots, future scopes such as biometric authentication and white label ATMs, conclusion that ATMs provide secure banking though require improving security, and references.
The document provides information about Automated Teller Machines (ATMs) in India, including their history, how they work, security measures, and benefits. It notes that ATMs were first introduced in 1967 in London and have since gained prominence as a delivery channel for banking in India. The number of ATMs in India has grown significantly in recent years and is expected to continue growing.
The document discusses the history and functions of automated teller machines (ATMs). It traces the development of ATMs from early prototypes in the 1930s to the first modern ATM introduced in the UK in 1972. It describes the basic components of an ATM and how they enable customers to perform transactions like withdrawing cash, checking balances, and transferring funds 24/7 without visiting a bank. Benefits include convenience and round-the-clock service for customers as well as reduced workload for bank staff. Potential disadvantages involve limited availability in remote areas and security issues if a card is stolen.
This document discusses the system analysis of an ATM for Kasb Bank in Blue Area, Islamabad. It outlines the hardware and software requirements for the ATM, including a Pentium 4 processor, 1GB of RAM, Windows XP, and a Linux server. It also describes the various steps of the ATM process, including verification, language selection, banking services, transactions, and special services. Security measures for the ATM are discussed, such as preventing theft and attacks like plofkraak.
An embedded system is defined as a device that contains a programmable computer but is not intended as a general purpose computer. Embedded systems have a microprocessor or microcontroller as their core component and are used in devices like ATMs, camcorders, fax machines, televisions, cruise missiles, home security systems, and standby generators. An ATM is an automated teller machine that allows customers of a bank access to financial transactions without a human clerk by providing 24-hour access to cash, account balances, cheque books, bill payments, account statements, and pin changes.
How an ATM transaction really works (and how testing fits in)Steve Lacourt
The document describes the components and process of an ATM transaction. It outlines the key components of an ATM including the card reader, keypad, receipt printer, cash dispenser, display, deposit slot, and QR code. It explains how the card reader retrieves customer account information from the chip card which is sent to the payment host for verification before cash is dispensed or deposits are accepted. It also mentions alternative mobile payment methods and how ATM software and hardware can be virtualized for testing.
An ATM allows customers to access their bank accounts to withdraw cash, check balances, and conduct other transactions. It works by connecting through a host processor to various banking networks. The first working ATM was installed in 1967 in the UK. Now ATMs are commonly found in locations where many people gather like malls, airports, and gas stations. They use hardware components like card readers, keypads, displays, printers, and cash dispensers. Software runs the transactions through operating systems and connections to banking networks. Settlement involves electronic funds transfers between customer and bank accounts. ATMs have evolved to provide additional services beyond cash. Extensive testing helps ensure their high reliability.
The money transaction most for used an ATMs and credit cards.
The authentication of these transactions are unsecure
Author proposes the idea of using fingerprints
customers as password in place of traditional pin number
A reference fingerprint of the nominee for close family member of the customer
ATMs allow bank account holders to access their accounts and perform transactions without interacting with bank staff. An ATM uses a customer's plastic card with a magnetic strip containing their account information to identify them. The first ATM was installed in London in 1967. There are now over 1.8 million ATMs globally. ATMs provide convenience for customers as they offer 24/7 access to accounts and can be found in many public locations. However, they also pose security risks if cards are stolen and fees are sometimes charged. An ATM consists of components like a CPU, magnetic card reader, display, function keys and vault to control transactions securely.
An automated teller machine (ATM) allows customers to access their bank accounts to withdraw and deposit cash, transfer money between accounts, and check balances without visiting a branch. ATMs connect to bank networks through leased phone lines or dial-up connections. They have input devices like card readers and keypads, and output devices like screens, printers, and cash dispensers. ATMs provide benefits for both banks and customers by increasing business and allowing customers convenient access to cash whenever needed.
Core java project based on ATM(Automated Teller Machine) software.Presentation related to ATM Software Project.Features Present in ATM That help Customer to do various transactions.
The document discusses the history and functions of automated teller machines (ATMs). It describes how the first ATM was introduced in 1967 in London to reduce customer time and bank costs. ATMs allow 24/7 access to cash withdrawals, balance checks, funds transfers and bill payments using plastic cards and PINs for security. The document outlines the common components of ATMs like card readers, keypads, displays and cash dispensers. It also reviews the programming elements like loops, if/else statements and switch cases used to develop ATM management systems.
The document describes the requirements for an ATM network software system. It allows customers to complete banking transactions through off-premise ATMs. The software must interface with individual bank computers to process transactions. Key requirements include supporting account balance inquiries, withdrawals, and transfers according to each bank's business rules while ensuring security of customer authentication and funds. The system must also have high availability, safety protections, and handle concurrent access to accounts correctly.
This presentation is about communication in ATM machine including protocols, network, encryption method, operating system of ATM, basic hardware, transaction process etc.
This document provides information about ATMs, including their history, structure, and uses. It discusses how ATMs work, allowing customers to access cash 24/7 without human intervention. The key components of an ATM are described as the processor, consumer interface panel, card reader, printers, dispenser, and depositor. Alternative uses of ATMs beyond cash withdrawal are also mentioned, such as depositing, checking balances, and transferring funds.
The document discusses ATM banking in India, including its history, growth, functions, problems, and factors for growth. It notes that ATMs were first introduced in India in 1987 and have since grown rapidly, reaching over 76,000 ATMs in India by 2010-2011. ATMs provide 24/7 banking access and allow customers to withdraw cash, check balances, pay bills and transfer funds. However, customers sometimes experience issues like not receiving cash or receipts. Banks also struggle with theft, fraud and system failures. Overall, ATMs have become an important part of modern banking by improving convenience and reducing costs compared to traditional teller services.
This document describes an ATM system project. The key functions of an ATM include balance inquiries, cash withdrawals, and changing PIN numbers. The hardware requirements include a 32-bit screen with high resolution and sufficient storage capabilities. The software is developed using C++ with graphics. The system allows transactions, maintains and updates master files, and generates documents. It also describes screens for authentication, selecting account type, withdrawing amounts, and confirmation screens.
This document provides an overview of automated teller machine (ATM) technology and operations. It discusses the types and components of ATMs, how ATM transactions work across shared networks, security features to prevent fraud, and the role of debit cards. It also summarizes the reconciliation process for ATM transactions and common fraud risks. The document aims to educate customers on safely using ATMs.
This document presents an ATM system project created by three students. The system allows customers to withdraw cash, transfer money between accounts, check balances, and change passwords using just an account number for authentication. It was developed using Java for the interface, MS Access for the backend database, and JDBC for connectivity. The system architecture includes a login screen and main menu. Key functions like cash withdrawal, money transfer, and balance inquiries are described. The document discusses why Java was chosen and how the database connection is established. It includes data flow diagrams and screenshots of the login screen and main menu. In conclusion, the project creates a flexible and efficient ATM system that could be enhanced with additional features like fingerprint scanning in the future.
An automated teller machine (ATM) allows customers of financial institutions to access services such as withdrawing cash, checking balances, transferring funds, and paying bills without a human bank teller. ATMs use magnetic cards containing unique numbers and security PINs to identify customers. The first ATM was introduced in 1967 in London, and since then ATMs have provided 24/7 access to banking worldwide with features like deposits, bill payments, and international support.
This document provides information about automated teller machines (ATMs) including what an ATM is, the components of an ATM, how to use an ATM, and security issues. It states that an ATM is a computerized device that allows customers to access financial transactions without a human clerk. It describes the major components of an ATM including the card reader, host processor, keypad/touchpad, speaker, screen, receipt printer, cash dispenser, and their functions. It provides the steps to use an ATM, which include inserting a card, selecting a language, entering a PIN, choosing a transaction type and account, entering an amount, and receiving money. It also notes security risks like card
An ATM allows customers to access financial services without a human bank teller. It uses a card with unique account information and a PIN for security. An ATM has components like a card reader, keypad, screen and cash dispenser to withdraw and deposit money, check balances, transfer funds and more. The first ATM was installed in 1967 in London. Now ATMs are widely used, come in various types, and occasionally experience fraud, but precautions can help users stay safe.
ATM (Asynchronous Transfer Mode) is a connection-oriented networking technology that transmits data in fixed-size cells and can support different types of data and applications with quality of service guarantees. ATM uses virtual connections identified by virtual path and channel identifiers to transport cells through a network of ATM switches. The ATM architecture includes physical, ATM, and adaptation layers to encapsulate data for transmission and ensure interoperability between network elements.
This document discusses the system analysis of an ATM for Kasb Bank in Blue Area, Islamabad. It outlines the hardware and software requirements for the ATM, including a Pentium 4 processor, 1GB of RAM, Windows XP, and a Linux server. It also describes the various steps of the ATM process, including verification, language selection, banking services, transactions, and special services. Security measures for the ATM are discussed, such as preventing theft and attacks like plofkraak.
An embedded system is defined as a device that contains a programmable computer but is not intended as a general purpose computer. Embedded systems have a microprocessor or microcontroller as their core component and are used in devices like ATMs, camcorders, fax machines, televisions, cruise missiles, home security systems, and standby generators. An ATM is an automated teller machine that allows customers of a bank access to financial transactions without a human clerk by providing 24-hour access to cash, account balances, cheque books, bill payments, account statements, and pin changes.
How an ATM transaction really works (and how testing fits in)Steve Lacourt
The document describes the components and process of an ATM transaction. It outlines the key components of an ATM including the card reader, keypad, receipt printer, cash dispenser, display, deposit slot, and QR code. It explains how the card reader retrieves customer account information from the chip card which is sent to the payment host for verification before cash is dispensed or deposits are accepted. It also mentions alternative mobile payment methods and how ATM software and hardware can be virtualized for testing.
An ATM allows customers to access their bank accounts to withdraw cash, check balances, and conduct other transactions. It works by connecting through a host processor to various banking networks. The first working ATM was installed in 1967 in the UK. Now ATMs are commonly found in locations where many people gather like malls, airports, and gas stations. They use hardware components like card readers, keypads, displays, printers, and cash dispensers. Software runs the transactions through operating systems and connections to banking networks. Settlement involves electronic funds transfers between customer and bank accounts. ATMs have evolved to provide additional services beyond cash. Extensive testing helps ensure their high reliability.
The money transaction most for used an ATMs and credit cards.
The authentication of these transactions are unsecure
Author proposes the idea of using fingerprints
customers as password in place of traditional pin number
A reference fingerprint of the nominee for close family member of the customer
ATMs allow bank account holders to access their accounts and perform transactions without interacting with bank staff. An ATM uses a customer's plastic card with a magnetic strip containing their account information to identify them. The first ATM was installed in London in 1967. There are now over 1.8 million ATMs globally. ATMs provide convenience for customers as they offer 24/7 access to accounts and can be found in many public locations. However, they also pose security risks if cards are stolen and fees are sometimes charged. An ATM consists of components like a CPU, magnetic card reader, display, function keys and vault to control transactions securely.
An automated teller machine (ATM) allows customers to access their bank accounts to withdraw and deposit cash, transfer money between accounts, and check balances without visiting a branch. ATMs connect to bank networks through leased phone lines or dial-up connections. They have input devices like card readers and keypads, and output devices like screens, printers, and cash dispensers. ATMs provide benefits for both banks and customers by increasing business and allowing customers convenient access to cash whenever needed.
Core java project based on ATM(Automated Teller Machine) software.Presentation related to ATM Software Project.Features Present in ATM That help Customer to do various transactions.
The document discusses the history and functions of automated teller machines (ATMs). It describes how the first ATM was introduced in 1967 in London to reduce customer time and bank costs. ATMs allow 24/7 access to cash withdrawals, balance checks, funds transfers and bill payments using plastic cards and PINs for security. The document outlines the common components of ATMs like card readers, keypads, displays and cash dispensers. It also reviews the programming elements like loops, if/else statements and switch cases used to develop ATM management systems.
The document describes the requirements for an ATM network software system. It allows customers to complete banking transactions through off-premise ATMs. The software must interface with individual bank computers to process transactions. Key requirements include supporting account balance inquiries, withdrawals, and transfers according to each bank's business rules while ensuring security of customer authentication and funds. The system must also have high availability, safety protections, and handle concurrent access to accounts correctly.
This presentation is about communication in ATM machine including protocols, network, encryption method, operating system of ATM, basic hardware, transaction process etc.
This document provides information about ATMs, including their history, structure, and uses. It discusses how ATMs work, allowing customers to access cash 24/7 without human intervention. The key components of an ATM are described as the processor, consumer interface panel, card reader, printers, dispenser, and depositor. Alternative uses of ATMs beyond cash withdrawal are also mentioned, such as depositing, checking balances, and transferring funds.
The document discusses ATM banking in India, including its history, growth, functions, problems, and factors for growth. It notes that ATMs were first introduced in India in 1987 and have since grown rapidly, reaching over 76,000 ATMs in India by 2010-2011. ATMs provide 24/7 banking access and allow customers to withdraw cash, check balances, pay bills and transfer funds. However, customers sometimes experience issues like not receiving cash or receipts. Banks also struggle with theft, fraud and system failures. Overall, ATMs have become an important part of modern banking by improving convenience and reducing costs compared to traditional teller services.
This document describes an ATM system project. The key functions of an ATM include balance inquiries, cash withdrawals, and changing PIN numbers. The hardware requirements include a 32-bit screen with high resolution and sufficient storage capabilities. The software is developed using C++ with graphics. The system allows transactions, maintains and updates master files, and generates documents. It also describes screens for authentication, selecting account type, withdrawing amounts, and confirmation screens.
This document provides an overview of automated teller machine (ATM) technology and operations. It discusses the types and components of ATMs, how ATM transactions work across shared networks, security features to prevent fraud, and the role of debit cards. It also summarizes the reconciliation process for ATM transactions and common fraud risks. The document aims to educate customers on safely using ATMs.
This document presents an ATM system project created by three students. The system allows customers to withdraw cash, transfer money between accounts, check balances, and change passwords using just an account number for authentication. It was developed using Java for the interface, MS Access for the backend database, and JDBC for connectivity. The system architecture includes a login screen and main menu. Key functions like cash withdrawal, money transfer, and balance inquiries are described. The document discusses why Java was chosen and how the database connection is established. It includes data flow diagrams and screenshots of the login screen and main menu. In conclusion, the project creates a flexible and efficient ATM system that could be enhanced with additional features like fingerprint scanning in the future.
An automated teller machine (ATM) allows customers of financial institutions to access services such as withdrawing cash, checking balances, transferring funds, and paying bills without a human bank teller. ATMs use magnetic cards containing unique numbers and security PINs to identify customers. The first ATM was introduced in 1967 in London, and since then ATMs have provided 24/7 access to banking worldwide with features like deposits, bill payments, and international support.
This document provides information about automated teller machines (ATMs) including what an ATM is, the components of an ATM, how to use an ATM, and security issues. It states that an ATM is a computerized device that allows customers to access financial transactions without a human clerk. It describes the major components of an ATM including the card reader, host processor, keypad/touchpad, speaker, screen, receipt printer, cash dispenser, and their functions. It provides the steps to use an ATM, which include inserting a card, selecting a language, entering a PIN, choosing a transaction type and account, entering an amount, and receiving money. It also notes security risks like card
An ATM allows customers to access financial services without a human bank teller. It uses a card with unique account information and a PIN for security. An ATM has components like a card reader, keypad, screen and cash dispenser to withdraw and deposit money, check balances, transfer funds and more. The first ATM was installed in 1967 in London. Now ATMs are widely used, come in various types, and occasionally experience fraud, but precautions can help users stay safe.
ATM (Asynchronous Transfer Mode) is a connection-oriented networking technology that transmits data in fixed-size cells and can support different types of data and applications with quality of service guarantees. ATM uses virtual connections identified by virtual path and channel identifiers to transport cells through a network of ATM switches. The ATM architecture includes physical, ATM, and adaptation layers to encapsulate data for transmission and ensure interoperability between network elements.
Asynchronous Transfer Mode (ATM) is a network technology that allows different types of digital data such as voice, video, and data to be transmitted over the same physical medium. It uses fixed-length cells known as ATM cells that are 53 bytes long, consisting of a 5-byte header and 48-byte payload. ATM provides guaranteed bandwidth and quality of service for real-time, interactive applications through connection-oriented virtual circuits identified by a virtual path/channel identifier in each cell header. ATM supports both connection-oriented and connectionless services and can accommodate both constant and variable bit rate traffic.
This document discusses the application of the Data Encryption Standard (DES) in securing ATM transactions. It provides background on how ATMs operate and rely on encryption to securely transmit financial information. DES was developed in the 1970s and uses a 56-bit key to encrypt 64-bit blocks of data. The document outlines the advantages of DES for ATM security, such as its convenience and cost-effectiveness, but also notes disadvantages like its limited key size making it possible to break with advancing technology. It concludes that while ATMs provide a secure banking method, their security requires improving to keep up with threats and recommends upgrading from DES to more advanced standards.
ATMs originally used operating systems like MS-DOS and PC-DOS, but have increasingly adopted Linux and Unix. When a customer initiates a transaction at an ATM, the details are sent to the host processor which checks the information with the authorized bank and, if correct, transfers funds electronically from the customer's bank account to the ATM machine to dispense cash. Proper use of ATMs can provide convenience, but theft and misuse of cards must be prevented.
Automated Teller Machines (ATMs) allow users to access their bank accounts and perform financial transactions using a debit card any time of day. Currently, ATM cards with personal identification numbers (PINs) are required. The proposed system replaces ATM cards with mobile subscriber identification modules (SIM) cards, allowing users to perform ATM transactions using just their SIM. This would eliminate the need for multiple cards and PINs while providing increased security through SIM-based authentication. Some advantages include storing multiple applications on a single SIM and stronger security than magnetic stripe cards. A disadvantage is the SIM would need to be removed from the phone for each transaction.
ATM Solutions is an ATM service provider that offers free ATM placements, transaction processing, vault cash, armored car replenishment, maintenance, and sales and supplies from their 10 regional offices with over 20 years of experience. They provide comprehensive ATM services whether you own your own ATMs or need a turnkey provider and encourage contacting them for your ATM needs.
Writing to you with esteemed pleasure to introduce the innovation stimulator where it is unique worldwide.
The Invention Stimulator is a p.c. programmed Micro Control Unit (MCU) application which allows children from grade 1 and above to create their own solutions / inventions for an unlimited number of purposes. The system is provided in graded kits from 1 to 7 and includes everything that is needed to start inventing with very little training.
MCUs are in all kinds of electronic devices which we see and use every day. The ability to control these devices has previously been the domain of computer scientists and programmers, until now.
This is not seen as an electronics / computer product. In our opinion, this is THE MOST EFFECTIVE CREATIVE PRODUCT to be available to schools today (or yesterday!)
Our motto is ‘Minimum Teaching, Maximum Learning’ and our goal is to encourage creative thought, regardless of the academic ability of any individual child (or adult).
The document summarizes the history, operation, and security of automated teller machines (ATMs). It discusses how ATMs were invented in 1967 in the UK, and how they have since expanded globally through financial networks. It describes the basic hardware and software components of ATMs, and the security measures implemented, such as physical barriers, customer authentication, and monitoring, to protect customers and prevent fraud. The document concludes by noting the convenience of ATMs but also the need to properly use cards and prevent theft and misuse.
FINCA Uganda implemented a pilot project using point-of-sale (POS) technology and bank cards to improve access to affordable domestic remittances and savings services for low-income Ugandans. The project achieved substantial uptake, with over 30,000 transactions recorded including deposits, withdrawals, and transfers totaling over $200,000 in savings mobilized. The project introduced new secure financial services to unbanked clients and provided a safer way to receive and manage remittances. It also demonstrated a replicable and lower cost model for expanding access to financial services in rural areas of Uganda and other African countries.
This document summarizes a research paper on developing a multi-account embedded ATM card with enhanced security. Key points include:
1) The proposed system would embed multiple bank accounts onto a single smart ATM card, allowing customers to access all accounts from any ATM without carrying multiple cards.
2) Security would be enhanced through fingerprint authentication instead of just a PIN. A fingerprint scanner would be integrated into the ATM to verify customers' identities.
3) This would provide more convenience for customers while reducing fraud risks compared to traditional single-account cards authenticated solely with PINs.
The document discusses the functions and evolution of automated teller machines (ATMs). It describes how ATMs allow customers to withdraw cash, check balances, make deposits, transfer funds between accounts, and complete other banking transactions. It also outlines some of the technical components of ATMs including hardware, software, and international usage statistics. The conclusion is that ATMs provide a convenient, reliable, and secure way for customers to complete banking transactions anytime.
This document discusses mind reading computers. It begins by explaining that people express mental states through facial expressions and gestures, which computers currently do not understand. It then defines mind reading as attributing mental states to others based on their behavior. The document outlines several ways mind reading computers could work, such as using cameras and software to analyze facial expressions and infer mental states. It discusses potential advantages like helping disabled people control wheelchairs through thought and monitoring human interactions. However, it also notes disadvantages like privacy and prediction concerns if brain activity could be used to determine future behaviors. In conclusion, researchers are working to allow computers to respond to brain activity by having users wear headbands that can read parts of the brain during tasks.
This document describes the design of a wireless audio transmitter for a TV using infrared transmission. The circuit allows watching TV late at night without disturbing others. It uses an IR transmitter connected to the TV's audio output to transmit the audio signal, and an IR receiver connected to a headphone to receive the signal. The circuit uses transistors, resistors, capacitors, and an IR transmitter and receiver module. It has advantages like low cost, low power consumption, and allowing quiet late-night TV viewing without disturbing others.
An ATM (automated teller machine) allows customers to withdraw cash, check balances, and complete other transactions without a human teller. The world's first ATM was installed in Enfield, London in 1967. ATMs are also known as cash machines, cash points, automated banking machines, and hole-in-the-wall. They provide access to financial services via a computer without needing a clerk or teller.
The document discusses a seminar presentation on mind reading computers. It begins with an introduction on how people express mental states through facial expressions and gestures. It then discusses what mind reading is, how it works using sensors to measure blood oxygen levels in the brain, and the process which involves facial detection and emotional classification techniques. Applications are discussed including using it to help paralyzed people communicate and potential issues around privacy breaches. It concludes that research is underway to allow computers to respond to brain activity.
The document discusses mind reading computers that can infer a person's mental state by analyzing facial expressions and movements in real time using cameras and machine learning. It works by tracking 24 facial points to model relationships between expressions and mental states. Potential applications include augmented communication tools, monitoring human interactions, and controlling wheelchairs or robots with thought. However, issues around privacy, predictability of behavior, and defining free will must still be addressed before using brain data to categorize people.
The team in the Computer Laboratory at the University of Cambridge has developed mind reading computers that implement a computational model of mind reading to infer mental states of people from their facial signals.
Using a digital video camera, the mind reading computer system analyzes a person’s underlying mental state, such as whether he/she is agreeing or disagreeing, interested or bored, thinking or confused.
This document discusses biometric authentication for ATM security. It describes common ATM attacks like skimming and explains how biometric authentication works by using unique human characteristics. Various biometric modalities are described, including fingerprints, iris scans, palm veins, and facial recognition. Multimodal biometrics is presented as an accurate approach that fuses multiple biometrics to strongly authenticate users. Applications of biometrics for ATMs and other systems are mentioned along with advantages like improved security and disadvantages like increased costs. The conclusion states that multimodal biometrics provides a high level of ATM security by reducing fraudulent activities and false acceptance rates.
An ATM, or automated teller machine, allows customers to access their bank accounts and perform transactions without a human bank teller. Customers insert their debit or credit card and enter their PIN to access their accounts. Using an ATM, customers can withdraw cash, check balances, transfer funds between accounts, and perform other banking tasks. ATMs are connected to financial networks so customers can access their funds from machines not owned by their bank. Estimates show there are over 2.2 million ATMs globally, providing convenient banking access.
This document proposes installing ATMs for a company. It discusses the types of ATMs and transactions they allow. The scope of work includes providing IT services and hardware installation for financial and non-financial institutions over 2 months. The proposed solution is to install Wincor Nixdorf self-service kiosks and ATMs that allow cash withdrawal, deposits, transfers and other transactions. Connectivity to Ghana's banking network is also proposed to process transactions. A financial proposal section is included but no amounts are listed.
ATM BLock Diagram and its design uses development.pptxkeerthi975
This document discusses an automated teller machine (ATM) and its components and functions. It describes how the first ATM was deployed in London in 1967 and the basic components of an ATM including its hardware components like a card reader, cash dispenser, display, and security features. It then discusses the software used in ATMs including user authentication, transaction processing, secure communication with banking servers, and error handling. Finally, it compares three variants of ATMs that differ in their specifications, processors, operating systems, prices, advantages, and disadvantages.
The document discusses the security features of ATM systems. It covers how ATMs work by connecting to a host computer for transaction authorization. Card readers, PIN entry, and crypto-processors securely authenticate users. Additional security measures include transaction limits, invalidating stolen cards, and encrypting transmitted data. Databases and network security aim to protect confidential user information and ensure integrity of financial transactions processed through the ATM network.
E banking, internet banking and all servicesJomy Mathew
Computers are widely used in banks to help staff operate more efficiently and effectively. They track transactions, process customer information, and allow banks to offer good customer service daily. Key computer applications used in banks include automated teller machines (ATMs), cash deposit machines, mobile banking, internet banking, and core banking systems. These applications provide customers with convenient access to their accounts and allow banks to save time and costs.
The document provides requirements for an ATM network including requirements for the ATM, bank computer, and their interaction. It specifies functional requirements such as validating cards, authorizing transactions, dispensing cash, and updating accounts. It also defines non-functional requirements regarding usability, performance, security and quality. The requirements are organized into sections on overall description, specific requirements, external interfaces, and other non-functional requirements.
The document discusses the security features of ATM systems. It covers how ATMs work by requiring customers to insert their card and enter a PIN for authentication. It then describes the various security mechanisms in place, including using time outs, invalidating cards, and retaining stolen cards. The document also outlines the network, database, hardware/software security measures to protect confidentiality, integrity, and accountability of transactions. Overall, the ATM system aims to securely authenticate users and protect their information and money.
The document discusses the history and functions of automated teller machines (ATMs). It describes how the first ATM was introduced in 1967 in London to reduce customer time and bank costs. ATMs allow 24-hour access to cash withdrawals and other banking services using a card with a magnetic stripe or chip and personal identification number for security. Common ATM components include card readers, keypads, displays, cash dispensers and receipt printers. Location and security of ATMs are also addressed.
E-commerce, e-banking, and advanced internet technologies are covered. E-commerce requires digital communication, data management, and security. It allows businesses and consumers to buy and sell goods and services online. E-banking allows banking transactions electronically without visiting a physical bank. Technologies like SET, mobile banking, streaming multimedia, internet telephony, and wireless communications standards like 1G-4G are discussed to enable e-commerce and advanced internet applications. Security measures are important for e-commerce and e-banking to protect users' information online.
The document discusses automatic teller machines (ATMs). It describes ATMs as computerized devices that allow customers to access financial transactions without a human clerk. Customers are identified by inserting a card with a magnetic stripe or chip containing account information and entering a personal identification number (PIN). The first ATM was introduced in 1967 in London. The document outlines the functions of ATMs, including withdrawing cash, checking balances, transferring funds, and depositing money. It also discusses ATM security, location, types of ATMs, and how the machine structure and software allow the machines to connect to a host processor and operate.
The document provides requirements for developing software for an automated teller machine (ATM) banking system. It outlines the key functions of the system, including validating customer cards and PINs, performing withdrawal, balance inquiry, and funds transfer transactions, and maintaining transaction records. Diagrams are included in appendices to illustrate use cases, system objects, and data flow. The software is intended to enable customers to securely conduct basic banking activities from distributed ATMs connected to a central server.
Electronic fund transfer (EFT) allows for the electronic transfer of money between bank accounts without physical cash or checks. There are several types of EFTs, including real-time gross settlement transfers between banks and transactions using ATMs. EFT transactions are controlled by the Reserve Bank of India and funds are credited to the beneficiary's account on the same day, making it a fast, reliable, and cost-effective way to transfer money. Common tools for EFT include ATMs, which allow customers to withdraw and deposit funds using a card and PIN, and electronic and truncated checks, which substitute digital images for physical checks.
Presentation on security feature of atm (2)Siya Agarwal
The document discusses the security features of ATM systems. It describes how ATMs work by having customers authenticate using cards and PINs. ATM security relies on crypto-processors, database security, and network security. It provides security through mechanisms like time-outs for invalid PIN entries and recognizing stolen cards. Additional security features include identity verification, data confidentiality, accountability, and audit capabilities. The document emphasizes the importance of keeping ATM cards and PINs secure and reporting any loss or theft.
The document discusses the security features of ATM systems. It describes how ATMs work by having customers authenticate using cards and PINs. ATM security relies on crypto-processors, database security, and network security. It provides security through mechanisms like time-outs for invalid PIN entries and recognizing stolen cards. Additional security features include identity verification, data confidentiality, accountability, and audit capabilities. The document emphasizes the importance of keeping ATM cards and PINs secure and reporting any loss or theft.
The document discusses the history and features of automatic teller machines (ATMs). It begins by explaining how ATMs provide convenient banking access for customers 24/7. It then describes the basic functions of an ATM and how customers can deposit, withdraw, and check balances without bank employees. The document outlines the origins of the first ATM in the 1960s and its growth. It also covers the types of ATMs, how to use an ATM, the advantages and disadvantages, and newer technologies like biometric authentication and real-time gross settlement systems.
The document discusses electronic banking or e-banking. It defines e-banking and provides examples of how it can be used, such as direct deposit, bill payment, and account balance checks. It then describes various forms of e-banking including internet banking, automated teller machines, telebanking, smart cards, debit cards, and e-checks. Benefits for both banks and customers are outlined, along with some concerns regarding e-banking. The document concludes with sections on the global perspective of e-banking, strategies, transactions, and trends.
This document summarizes an ATM transaction system project presented by students. It introduces ATMs and their purpose of allowing customers to access accounts, check balances, and make transactions. It describes the problem of users being able to withdraw unlimited amounts and proposes a solution of authenticating users with passwords and allowing administrative functions. The system requirements and implementation sections outline the necessary software, hardware, and high-level user interface features like signing in, submitting application forms, and performing cash withdrawals or deposits.
1. Done by
11MSE0251-B.Keerthana
11MSE0121-B.Gomathy
2. •An automated teller machine (ATM) is a
computerized telecommunications device
that provides the customers of a financial
institution / bank with access to financial
transactions in a public space without the
need for a humanATMs, or bank teller is
•On most modern clerk the customer round
the clock (24inserting a plastic ATM card with a
identified by hrs a day)
magnetic stripe or a plastic smartcard with a
chip, that contains a unique card number and
some security information.
•Security is provided by the customer entering
a personal identification number (PIN).
3. •The ATM will service one customer at a time. A
customer will be required to insert an ATM card
and enter a personal identification number (PIN) -
both of which will be sent to the bank for validation
as part of each transaction. The customer will then
be able to perform one or more transactions. The
card will be retained in the machine until the
customer indicates that he/she desires no further
transactions, at which point it will be returned -
except as noted below.
•The ATM must be able to provide the following
services to the customer:
4. •A customer must be able to make a cash withdrawal
from any suitable account linked to the card, in multiples
of RS.100. Approval must be obtained from the bank
before cash is dispensed.
•A customer must be able to make a deposit to any
account linked to the card, consisting of cash and/or
checks in an envelope. The customer will enter the
amount of the deposit into the ATM, subject to manual
verification when the envelope is removed from the
•A customer must be able to make a transfer of money
machine by an operator. Approval must be obtained from
between any two accounts linked to the card.
the bank before physically accepting the envelope.
•A customer must be able to make a balance inquiry of
any account linked to the card.
•A customer must be able to abort a transaction in
progress by pressing the Cancel key instead of
responding to a request from the machine.
5. Product Perspective
•An automated teller machine (ATM) is a computerized telec
ommunications device
that provide the customers of a financial institution with acc
ess to financial transactions in a public space without the ne
ed for a human clerk or bank teller. On most modern ATMs, t
he customer is identified by inserting a plastic ATM card with
a magnetic stripe or a plastic smartcard with a chip, that cont
ains a unique card number and some security information, s
uch as an expiration date or CVC (CVV). Security is provided
by the customer entering a personal identification number (P
IN).
6. Computerized machine that permits bank
customers to gain access to their accounts
with a magnetically encoded plastic card and a
code number. It enables the customers to
perform several banking operations without
the help of a teller, such as to withdraw
cash, make deposits, pay bills, obtain bank
statements, effect cash transfers. Also called
automated Banking machine, automatic till
machine, or remote service unit
7. Using an ATM, customers can access their
bank accounts in order to make cash with
drawals (or credit card cash advances) and
check their account balances.
The functions of the system are:
1. Login
2. Get Balance Information
3. Withdraw Cash
4. Generate receipt
8. There are several users of the ATM network
• Customer:
The customer interacts with the ATM
network via the ATM It must be very easy for
them to use the ATM . They should be
supported by the system in every possible
way
•Maintainer:
It should be easy to maintain the whole
system The maintainer should be the only
person that is allowed to connect a new ATM
to the network
9. •Some of the constraints that have to be
taken care of with respect to the software
development could be the platform where
the software is to be run should have an
access to MS-ACCESS . The end user
needs to have basic computer knowledge .
• The user may fail to exactly explain his
requirement however his requirements are
analyzed and understood by the developer
, as the software is a generic one.
10. •Some companies that manufacture ATMs are
MERCHANT BANKARD
NETWORK, HITACHI, AUSTRIAN BANKING
AOTOMATION SYSTEM INTEGRATOR.
•At the end of this report I conclude with the following
points:
- With the growing networks ATM might soon be
installed at many places.
- ATMs for the blind have also been designed & are
available in the Chinese market.
- ATMs that make available various types of
currencies are also available
11. •An ATM is simply a data terminal with two input and
four output devices. Like any other data terminal the
ATM has to connect to, and communicate through, a
host processor.
•The host processor is analogous to an Internet
Service Provider (ISP) in that it is the gateway
through which all the various ATM networks become
available to the cardholder .
Most host processors can support either leased-line
or dial-up machines.
•Leased-line machines connect directly to the host
processor through a four-wire, point-to-
point, dedicated telephone line.
•Dial-up ATMs connect to the host processor through
a normal phone line or through an Internet service
12. •Leased-line machines commonly use a monochrome
or color CRT (cathode ray tube) display.
•Dial-up machines commonly use a monochrome or
color LCD.
•The host processor may be owned by a bank or
financial institution, or it may be owned by an
independent service provider.
•Bank-owned processors normally support only bank-
owned machines, whereas the independent
processors support merchant-owned machines
13.
14. •24-hour access to cash
•View Account Balances & Mini-
statements
•Order a Cheque Book / Account
Statement
•Transfer Funds between accounts
•Refill your Prepaid card
•Pay your utility bills
•Deposit cash or cheques
•Change your PIN
•Learn about other products
15. •The ATM network has to provide hardware
interfaces to
# various printers
# various ATM machines
•There are several companies producing
the ATM machines several types of
networks The exact speciation of the
hardware interfaces is not part of this
document
16. Processor : Processorx86 Family 6 Model 15
Stepping 13 GenuineIntel~2394Mhz
RAM : 512 MB or more
Hard disk : 20 GB or more
Monitor : VGA/SVGA
Keyboard : 104 Keys
Mouse : 2 buttons/ 3 buttons
17. •The ATM network has to provide software
interfaces to the software used by different
banks different network software
•The exact detailed specification of the software
interfaces is not part of this document
18. Operating System :
Windows 2000/XP
Front end : Java
Applet
Database : Ms-
Access.
19. The functional requirements are organized in
two sections;
Requirements of the ATM and Requirements
of the bank computer
1…Requirements of an ATM:
•authorization process
•Transaction (WITHDRAWAL PROCESS)
2.Requirements of the bank computer
•Authorization process(bank code &
password)
•Transaction
20. •The non-functional requirement is bellowed.
•The ATM network has to be available 24 hours a
day.
•Each bank may be processing transactions from
several ATMs at the same time.
•The ATM must be able to use several data
formats according to the data formats that are
provided by the database of different banks
21. Various protocols are used for transferring
information over the network in the ATM. A few
of them are explained in brief:
1. TCP (Transmission control protocol):
- Connection oriented protocol.
- TCP is used to dynamically adapt to properties
of the internetwork & to be robust to face any
failures.
2. SMTP (Simple Mail Transfer Protocol):
- Simple ASCII protocol, Accepts incoming
messages & sends them to appropriate
locations.
22. •As most of the ATMs are open for 24 hrs & also
all of them are not guarded, it is important to
provide security to the machine. One of the
technologies is explained here.
•The Electronic Signature Lock (ESL) is a
patented technology that can be implemented in
hardware, firmware, or software and used to
protect digital resources, funds transfer, or
physical access. It can identify computer
terminal users locally or remotely without having
to modify or attach anything to the terminal. It is
completely transparent to the users and can be
23. Here are some security tips the card owner must
follow while using the ATM :
• Don't write down your PIN. If you must write it
down, do not store it in your wallet or purse.
• Make your PIN a series of letters or numbers that
you can easily remember, but that cannot easily be
associated with you personally.
• Avoid using birth dates, initials, house numbers or
your phone number.
• Store your ATM card in your purse or wallet, so that
24. •Modern ATM physical security concentrate on denying the
use of the machine inside the machine to a thief or a fraud
using some fraud detection techniques
•The customer request a withdrawal from the machine which
dispenses no money but merely prints a receipt
•The customer then takes the report to a sales clerk and
•An additional security measures limits the total amount of
exchange it for cash
ATM withdrawal to some particular amount
•This aims to reduce the amount of fraud withdrawal
25. •24-Hour, 365-Day Access to Your
Bank Accounts
•International access to funds
•Fraud Protection
•Wider Network of Banking
Facilities
33. •So we came across many fraud
detection techniques and the usage of
various types of cards depending on the
customer needs.
•Finally whenever you are dealing with
the money transaction ,don’t get deviated
and get your money in a finer
transaction.
•So ATM is made to provide us with
better facility….. Please don’t miss use