Automated teller machine

AUTOMATED TELLER MACHINE Abstract - An automated teller machine, also known as an automatic teller machine that enables the customers of a financial institution to perform financial transactions, particularly cash withdrawal, without the need for a human cashier, clerk. Introduction - An automated teller machine (ATM) is an electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit card or debit card

ABSTRACT ATM (Automated Teller Machine) is a computerized telecommunications device that provides the clients (Customers) of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller. All it needs is an ATM software that manages all these transactions in an efficient manner thereby making them more convenient for the customers and the bank authorities. The software gives planned approach to all the accessible sections

capital”, and that many workers in sales and services (such as cashiers, counter and rental clerks, telemarketers and accountants) also faced a high risk of computerisation. They concluded that “recent developments in machine learning will put a substantial share of

question whether AI and robotic devices will have displaced more jobs than they have created in the next decade. As a result, opinions were divided into two almost equal halves; one-half of the interviewees believe that the disruptive influence of machines will cause mass unemployment and wealth disparity whereas another group sees technology more as a creator of jobs than a destroyer. But at the same time, both groups converge on certain issues, such as educational institutions are failing to provide

associated with foreign exchange and global security transactions thereby becoming divorced from underlying world trade. 3. Large value payment system were not designed nor are they cost effective for small value payments. 4. Paper – base-non-automated payment systems remain an established part of accepted business practice for varying institutional reasons thereby remaining in grained in economic system. REASONS FOR ELECTRONIC PAYMENT The reasons for making use of electronic payment to pay

can be linked to the on-going struggle by individual banks for survival and growth. Automation means the use of automatic equipment in place of manual labor, also can be the use of machine for four D’s task where the four D’s stands for Dangerous, Difficulty, Dirty and Dull. In Nigeria, Automatic Teller Machine technology is becoming more common than it ever was. ATMs appear to be mainly provided by banks in Nigeria. Yet, their widespread adoption by customers of banks is not

Customer Satisfaction of ATM Service: A Case Study of HSBC ATM Dr. Md. Rafiqul Islam Dr. Samir Kumar Sheel Pallab Kumar Biswas * Abstract: The Automated Teller Machine (ATM) is one type of innovation that can mechanically accept deposits, issue withdrawals, transfer funds between accounts, collect bills, and make small loans. This study aims at investigating the satisfaction levels of HSBC ATM cardholders (both staff and nonstaff) with respect to various aspects (promptness of card delivery, the

very important and interesting. But it is a matter of sorrow that in our country, there was no attention taken to upgrade the security system before on it. These problems can be overcome by taking some technological devices. Such as, a body scanner machine and eye detected device can be set into the ATM Booth. An alarming device can also be placed there for which the authority can easily be informed. As the ATM Booth technology is the blessing of modern science and the civilized people use this technology

assumption in the case of debit card holders having to make less visits to ATM machines than non-debit card holders, but I was also prepared to be proven wrong in the same scenario should the study and information we discovered shed light on the other side of the argument in this case. Reasoning out the hypothesis statement that people with debit cards would automatically no longer need to make as many trips to ATM machines does seem to be the logical deduction, as it only makes sense that a person

ATM hacking has become more and more prevalent in society today. The more technology improves the more fraud is done. The U.S alone, has fallen victim to ATM hacking over the last decade. There has been countless numbers of ATM hacking taking place, having billions of dollars loss and innocent people now in debt. ATM hacking has really proved to be effective and has become a major success for criminals. In the article, “Hackers Devise Wireless Methods for Stealing ATM Users' PINs”, author Jordan