Atm (Automated Teller Machine)

Centralized Data Management System and Database Server Hardware – This will be the central server in which data gathered by the tracking software will be uploaded to and downloaded from. All locations will have access to this hardware to share valuable customer information. This server will be used for customer data verification as well. It will also be the central sever in which data such as rewards program, points, purchases will be stored. The local database servers will have an Intel i5 processor, 8GB of RAM, and 2TB of storage to handle all the extra load and processing, while the central database server will have 4TB of storage.

To enable us to open new accounts and process the transfers, we need copies of the following statements:

- The last three transactions conducted out of my bank account are withdrawn cash to make a payment, automatic payment to pay my car insurance and ordering pizza online. The technology is one of the key roles in most of all the transactions. The technology used to record the records and keep all the information save when you open your bank account app. Also, to order the pizza I needed to use the technology by going to their website and placing my order. When I stop in an ATM the machine uses the technology to record all the transactions conducted and accept or decline my petition.

Business correspondents are the key players in Microfinance sector with technology-based transactions they are provided Point of Sale (POS) devices and doing EKYC through the finger print technology. They use Micro-ATM (POS) handheld device to perform basic financial transactions like Deposit, Withdrawal, Funds Transfer, Balance Enquiry, Mini Statement and other remittance. The below table depicts the POS based transactions during last five year across various

Adding a facial recognition software on ATM will protect customers against identity theft and fraudulent transactions. The software is able to capture a customer’s face and

You can also use either of these cards when you travel and are stationed outside of the US, but you may be charged, so be sure to confirm any charges or other concerns with your financial institution when you are traveling outside of the country. ATM stands for automated teller machine and they are more convenient than going to financial institutions, as they are available 24 hours a day. At an ATM, you make deposits and withdrawals, check your account balance, transfer funds, and at some, even make payments. In order to use an ATM you must either have an ATM card or a debit card and a PIN. Most financial institutions will limit the amount of money you can withdraw from an ATM in one day and will typically charge you a fee if you use a foreign ATM machine. Your receipt will tell you the date, amount of money involved, and the type of transaction. You should always remember to take your receipt from the ATM and never write down or tell anyone your PIN, so that no one can gain access to your information and hack your account.

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 Robertson, speaks on how ATM hacking has had a major effect on the U.S and U.S citizens.

To investigate further, samples of customers in each of the categories were selected. The number of ATM transactions last month was determined

During the past decade, we have undergone enormous changes in the way that we conduct business. ATM check cards, credit cards, and preferred customer cards are the most common buying tools today. Check, or debit, cards are ATM cards that function just like cash. Customers can now make payments with their check cards

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 who can then have access to his account and able to make withdrawals from any location that can accept debit cards would then have little need to go directly to his or her banks' own ATM machine. On the other hand, what may make sense does not always happen to be what occurs, and so we were ready to put our hypothesis to the test to prove our reasoning and confirm or refute our case.

Types of Transactions: You may access certain account(s) you maintain with us by computer using your assigned user ID and password by accessing the online banking services. You may use the online banking service to perform the following functions:

Customers will be using this system; therefore, it needs to be improved in order to allow the system to be more user-friendly for the customer. Having a complex system will deter customers. It must have an easy login and password retrieval for the customer.

Although, electronic banking provides many opportunities for the banks, it is also the case that the current banking services provided through internet are limited due to security concerns, complexity and technological problems (Sathye, 1999 & Mols, 1999). According to Financial Services Authority (FSA) 2010, banks face several risks but notably are; Safety situations around ATMs, abuse of bank cards by fraudsters at ATMs and the danger of giving your card number when buying on line. Security risk is a major source of concern for both customer and the bank. Since E- banking services are offered using network, it is exposed to risk environments hence leading to security breaches. The consequences of security threats are potential financial, legal and reputational implications.

The proposed system must ensure accurate and predictable delivery. This is possible only if ATM is a Connection-Oriented system.

The Andhra Bank is one most familiar and leading bank in the country of India and it was established by the well-known autonomy fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced commerce on 28th November 1923 with a paid up capital of Rs1.00 lakh and a certified capital of Rs10.00 lakhs. away from each other from usual banking services and solutions, Andhra Bank has introduced some striking services such as AB Premium present Account and AB Privilege Corporate Salary Savings Bank Account with additional reimbursement to the consumers. Also, the bank has launched AB Saral Housing Loan system featuring housing loans up to Rs. 20 Lacs Andhra Bank has as well amalgamated with a variety of economic institutions similar to Kotak Mahindra, Birla Sun Life Mutual Fund, Reliance, and Fidelity Mutual Fund, supplementary them in sales of their shared finance products. The bank has also signed a communication of Understanding with Maruti Suzuki Ltd. for financing 4 wheeler vehicles. Andhra Bank is the first bank in India to encompass launched mobile biometric ATMs. These ATMs stop at predestinated sites, and in its place of inward bound the individual recognition number (PIN), the consumers contain to match their fingerprints with their recorded fingerprints in the bank record. This has enabled yet the uneducated or inexpert consumers of the