ATM' An electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller. There are two primary types of automated teller machines.

1. SECURITY FEATURES OF ATM
ATM-AUTOMATED TELLER
MACHINES

2. DEFINITION OF ATM
• ATM' An electronic banking outlet, which allows customers to
complete basic transactions without the aid of a branch
representative or teller. There are two primary types of automated
teller machines.
• ATM is "At The Moment" or "Automated Teller Machine (cash
machine)“.
• Atm is realated to the at the moment or the cash machine.

3. BENEFITS OF ATM
1. You can withdraw cash at any time, day or night
2. ATMs offer the convenience of multiple locations. ...
3. Your ATM card is protected by a PIN, keeping your money safe.
4. You don't need to fill out withdrawal and deposit slips as is required
at the bank.
5. ATMs are faster than going to the bank—no long lines.

4. DISADVANTAGES OF ATM
• New customer premises hardware and software are required
• Presently the applications that can benefit from ATM such as
multimedia are rare
The wait, with all the promise of ATM’s capabilities many details are
still in the standards process.
• New customer premises hardware and software are required
Competition from other technologies -100 Mbps FDDI, 100 Mbps
Ethernet and fast Ethernet
•

5. SECURITY FEATURES OF ATM
• TCP (Transmission control protocol)
• Connection oriented protocol.
• It is a standard network protocol, Connection oriented
• SMTP (Simple Mail Transfer Protocol):
• X.25-it is a standard network protocol, Connection oriented.
• NMP (Simple Network Management Protocol)- Used when
information in entered through the keypad.

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