Automated teller machine Essays

  • The Invention of the ATM

    1296 Words  | 3 Pages

    Many years’ people have been trying to figure out who actually invented the ATM ideas or machines. There are six developers’ that are being tossed around by past researchers of who was the originator of this exciting technology. The six developer’s names are as follows; Luther George Simjian, John Shepherd-Barron, James Goodfellow, Don Wetzel, John D. White and Jairus Larson. Luther George Simjian was famous for the earlier development creation of ATM science in the past1930’s that was not a solid

  • HSBC Bank

    2226 Words  | 5 Pages

    Content Page 1. Introduction 3 1.1 HSBC Organizational Chart 5 1.1.1 Organization Structure 5 1.1.2 Work Specialization 6 1.1.3 Departmentalization 6 1.1.4 Chain Of Command 6 1.1.5 Span Of Control 6 1.1.6 Centralization or Decentralization 6 2. 3 Major Processes of HSBC 7 2.1 Balance Enquiry 7 2.2 Cash Withdrawal 9 2.3 Cash Deposit 11 3. Information Systems 13 3.1 e-Commerce Applications 13 3.2 Wireless applications 13 3.3 Enterprise Resource Planning Systems 14 3.4 Customer Relationship Management

  • Improve ATM Security by Face Recognition

    1369 Words  | 3 Pages

    Abstract- In this paper the method face Recognition is using to access Automated teller machines (ATMs). ATMs are used to do banking function like checking balance withdraw money, changing pin numbers etc. The ATM cards and pin numbers are used for security purpose. But this system is using SIM card in place of ATM cards. In order to improve security the system first authenticate the person if he/she is recognized then it will ask the password of the account. This system used Spartan 3 FPGA board

  • Impacts of ATM

    530 Words  | 2 Pages

    Impacts of Auto Teller Machines [ATM] on Maybank. Transactions and the costs saved by Maybank. It’s an undeniable fact that the Impact of ATMs on Maybank today is very large. Prior to the invention of ATMs, It was common for people to form long cues in the banks during transactions. However, today we rarely see this happening. Maybank bank has been able to provide its customers with the ‘Auto Teller Machine’ services, increasing the rate of transactions done all around Malaysia. Customers are provided

  • ATM

    1225 Words  | 3 Pages

    card are used to purchase products any where. It reduces the people to carry money always. The suggestions are implemented properly it will increase the satis- faction of the customer while using ATM / Debit card. Specially in amity university ATM machines are out of service soo students are lots of problems in their day to day life soo students are very much dissatisfied by the ATM services provided by allabad bank & oriental bank of commerce MNC banks should spread awareness regarding their ATM cards

  • Essay On ATM

    716 Words  | 2 Pages

    available at ATM, but what more we can do to improve the quality. c. There should be customer care number which should be highlighted so that it would be easy for customer to call in case of any problem. d. Bank employee should check and supervise ATM machine regularly, service them. e. Problems of technical attributes resulting in debiting of customer account without dispensing of cash should be repair edress urgently. Care must be taken so as to ensure that such problems do not occur at all .

  • Electronic Cash and Smart Cards

    1336 Words  | 3 Pages

    ELECTRONIC CASH AND SMART CARDS Introduction When you go into a store to make a purchase a monetary transaction takes place between a merchant, the provider and the consumer, which is you. Typically you would either use cash, check or credit card. If you are making a purchase less than five dollars it doesn’t seem reasonable to pay with a credit card or write a check. Electronic cash is the solution to this problem regardless how big or small the transaction is electronic cash is a viable alternative

  • A breif HIstroy of ATMS

    2401 Words  | 5 Pages

    inside or immediately outside their banks' branch offices. They were seen by banks largely as a way of saving money, by reducing the need for tellers. Even with the relatively expensive computer technology of the late '70s and early 80s, the cost of processing deposits and withdrawals via ATMs proved to be less than the cost of training and employing tellers to do the same work. To encourage customers to embrace the technology and overcome their trepidations about putting their checks into a machine's

  • Social Deviance Experiment

    1270 Words  | 3 Pages

    WAYS TO TEST PERSONAL SPACE WERE MINE, ASSUMING THEY WERE ALSO THE EASIEST TO DRAW VIOLENCE. I SPENT AN HOUR INSIDE THE THE WALK IN LOBBY OF A BANK IN THE DAYLIGHT AND AGAIN AFTER MIDNIGHT GETTING WHAT WAS EVIDENTLY TOO CLOSE TO PEOPLE USING ATM MACHINES. THE LAST DEVIANT ACT WITHIN THE REALM OF PERSONAL SPACE WAS DONE ONCE AND ONLY ONCE. WITHIN A BANK OF SEVEN URINALS IN A RESTROOM, I WAITED FOR ONE TO BE USED (THE FAR RIGHT WAS PICKED), THEN MOVED TO THE SECOND FROM THE RIGHT.

  • The Disadvantages of Technology

    837 Words  | 2 Pages

    one can assess that these expedient products and services actually pose new problems. This insight makes clear that conveniences aren’t so beneficial after all. We can note this elucidation in examining the disadvantages of fast-food, automatic teller machines (ATM), and dishwashers. The convenience of fast-food comes along with many drawbacks in its wake. Firstly, fast-food has a detrimental effect on health. Being high in salt, fat, and calories, makes fast-food one of the greatest contributors to

  • How ATM Hacking Affects Business in the U.S

    873 Words  | 2 Pages

    speaks more on how fraudsters even apply for jobs that deal with technical-support so that they can learn to access personal data and other important information. Robertson said that these fraudsters go after companies and individuals who use ATM machines. Robertson states that the U.S Secret Service estimated the annual losses of ATM skimming to be more than $1 billion in 2008. To sum it up, he says that they are taking advantage of wireless ATM’s and other card readers to get away with data theft

  • Databases in real life

    802 Words  | 2 Pages

    In today’s digital era, our life seems easier because of its technologies. Computer technology is the most influential among others. It supports anything that related to the new inventions and innovations. One of important role in computer technology is a database. Although database is not as popular as web application in computer technology innovations, it determines whether such application system is good or not. Database is ‘a shared collection of logically related data and its description, designed

  • Management Information Systems

    725 Words  | 2 Pages

    etc. using a mobile phone. Mobile phones provide a new and rapidly developing technological alternative delivery channels to extend financial services to those excluded from formal financial systems. Mobile phones allow clients to call into an automated system to conduct business transactions, and to access and request information.

  • Dehumanization in Player Piano

    601 Words  | 2 Pages

    mechanization on society. We have Automated Teller Machines to replace bank tellers, robots do assembly line work at virtually every automotive company, and computers are integrated more and more into our daily lives. People are slowly, but surely, being replaced my machines and artificial "workers." Kurt Vonnegut's foresaw this movement of mechanization in the 1950's and responds to the dehumanization of society in his novel Player Piano. In Vonnegut's fictional world, machines and computers have eliminated

  • Will Innovation Be Responsible For Destroying Jobs

    842 Words  | 2 Pages

    research administrators a the Department of Agriculture, Martin H. Rogoff and Stephen L. Rawlins imagine a future that food production system in fields would be planted with biomass perennial crops.This food system would be more cost efficient,automated, and need few workers. The generation of a robotic driven utopia that will make farmers obsolete, which which will put “hundred of millions of farmers across the globe face the prospect of permanent elimination”, says Jeremy Rifkin.The extinction

  • Bank Accounting Information System And Electronic Banking

    4502 Words  | 10 Pages

    Bank Accounting Information System And Electronic Banking Introduction Information technology has had as much impact on our society as the industrial revolution. In the information age, companies are finding that success or failure is increasingly dependent on their management and use of information. Therefore, companies need a good information system that enabled an efficient and effective use of information to give them more competitive advantage (Moscove, Simkin, & Bagranoff, 1999). An

  • Virtual Banking

    1742 Words  | 4 Pages

    TABLE OF CONTENTS 01.00............ EXECUTIVE SUMMARY 02.00............ TRENDS IN RETAIL BANKING 03.00............ ABOUT THE INTERNET 04.00............ VIRTUAL BANKING AND APPLICATIONS 04.01............ SMART CARDS 05.00............ EXAMPLES 06.00............ SECURITY ON THE INTERNET 06.01............ CRYPTOGRAPHY 06.02............ FIREWALLS 06.03............ TRUSTED OPERATING SYSTEMS 07.00............. REGULATIONS AND PROBLEMS 08.00............ CONCLUSION . 09.00………. REFERENCES 01.00 EXECUTIVE

  • Mcdonaldization In Colleges And Universities

    517 Words  | 2 Pages

    Colleges and universities have been affected by the process called “mcdonaldizaton” because we can relate to the four organizational principles of mcdonaldization. We relate to efficiency. McDonald’s cook food in at a fast pace. We tend to think just because we rushed fast through the work that the work will be good when that is wrong. Sometimes McDonald’s rush through food and the order can come out bad. The next principle is predictability. McDonald’s have certain formulas they go by to cook the

  • Explain How Technology Is Destroying The Workplace Essay

    734 Words  | 2 Pages

    imagination, and other humane things to be able to teach; something computers can not do or understand. Repairmen and people who work in quality assurance are also needed. Machines do break down. You can have a machine fix another machine, but eventually you are going to need a human. Humans can also spot errors that machines cannot. Then there are politicians, law enforcement, lawmakers, judges, and people like mayors, governors, and presidents in charge of entire town, cities, states, and countries

  • The Benefits of Cut-Through Architecture

    2476 Words  | 5 Pages

    REFRENCES (Sharon Besser, 2011). The benefit of cut through architecture. Retrieved from http:// www.netoptics.com/blog/30-09-2011/benefits-cut-through-switching-ar (Hackri, 2103). Automated teller machine. Retrieved from http://hackri.com/2013/09/automated-teller-machine-atm.html (Wiki, 2013). Automated teller machine Retrieved from http://en.wikipedia.org/wiki/Automated_teller_machinechitecture#sthash.cd48BQiP.dpuf William, s (2007). Data communication and computer network (7th ed). New jersey