Essay on atm
From: Isac K.
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In: Computers and Technology. Using this software,customoers can access their bank accounts in order to make cash withdrawals,debit card cash advances and check their account balances. Moreover it also provides us with the background and infrastructres to run an ATM card. Banking system software keeps the day to day transaction record as a part of complete banking. It can keep the information of the account type,account opening form,deposit and withdrawal and searches the transacton,transaction reports,individual account opening form,group accounts etc.
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Automated Teller Machine Example | Graduateway
They play a very important part in our day-to-day lives. We no longer have to carry a lot of liquid cash with us with the advent of these machines. The PIN number ensures the security of your account. It is not necessary to be a professional to understand the operations of an ATM machine. In this article, we will see the importance of the ATM in our lives. Therefore, we can say that the ATM machines play an inevitable role in our economy.
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Meaning of “ATM” by J. Cole
An automated teller machine ATM is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit card or debit card can access cash at most ATMs. ATMs are convenient, allowing consumers to perform quick self-service transactions such as deposits, cash withdrawals, bill payments, and transfers between accounts. Fees are commonly charged for cash withdrawals by the bank where the account is located, by the operator of the ATM, or by both.
Please join StudyMode to read the full document. 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. In particular we develop a prototype model for the utilization of biometrics equipped ATM to provide security solution against must of the well-known breaches.
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