Requirements document for an automated teller machine network August 5‚ 1996 Contents 1 Introduction 1.1 1.2 1.3 1.4 Purpose : : Scope : : : Overview : De nitions : 2 : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : 2 2 2 2 2 General Description 2.1
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Automated teller machine 1 Automated teller machine An automated teller machine (ATM)‚ also known as a automated banking machine (ABM) or Cash Machine and by several other names (see below)‚ is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier‚ human clerk or bank teller. On most modern ATMs‚ the customer is identified by inserting a plastic ATM card with a magnetic
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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
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An assessment of the Use of Automated Teller Machines in the banking industry: the Case of CRDB Bank 1. Background of the Study The tremendous growth and development of technological advancement has been the driving force of the market nowadays. The diffusion of the internet has revolutionized the business arena. The use of the Internet is changing high-tech marketing overnight while different industries have been trying to utilise it as part of their marketing approach. It does not only reconfigured
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no contesting the fact that the introduction of ATM has changed the face of electronic payment in Nigeria. This essay hopes to appraise the advent of ATM driven payment with regard to the present and future. 2.0 ORIGIN OF ATM IN NIGERIA Automated Teller Machines (ATM) was introduced into the Nigerian market in 1989‚ as a matter of fact‚ the very first ATM in Nigeria was installed by National Cash Registers (NCR) for the defunct Societe Generale Bank Nigeria (SGBN) in 1989. 2.1 BANKS AND ATMS
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When automatic teller machines were first installed in the 1980s‚ bank officials promised they would be faster‚ more reliable‚ and less prone to make errors than their human counterparts. A. they would be faster‚ more reliable‚ and less prone to make errors B. they would be faster‚ more reliable‚ and that they would be less prone for making errors C. the machines would be faster‚ more reliable‚ and less prone to make errors D. the machines were faster‚ more reliable‚ and errors would occur
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and applications. ATMs –Automated Teller Machine ATMs have become the order of the day in banking. Most banks are networking the ATMs. A network of connected ATMs of various banks has resulted in the improvement of customer services. They can effectively reach out a large customer base at low cost. The customers by inserting a plastic card get currency notes from ATMs and their bank balance is revealed through ATMs. When the card is inserted in the ATM‚ the machine identifies the card holder
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STUDY ON ASSESMENT OF EFFECTIVENES OF AUTOMATED TELLERMECHINES ON FINACIAL SERVICES DELIVERY BY COMMERCIAL BANK IN SIB Submitted in partial fulfillment of the requirements for the award of degree of MASTER OF BUSINESS ADMINISTRATION Of the University of Calicut By Mr. SUBAIR K.K. Reg No: EJALMBA061 Under the guidance of Asst Prof Mrs.
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Vasumathi.A ‚ Dhanavanthan P 1 Assistant Professor‚ VIT Business School‚ VIT University‚ Chennai. 2 Professor and Head‚ Department of Statistics‚ Pondicherry University‚ Pondicherry avasumathi@vit.ac.in ABSTRACT ATM is an automatic teller machine which is used to save the cost and reachability of a bank by satisfying customer needs. Customers can withdraw and deposit money without any paper work and it facilitates them to reduce time and cost to go to bank in person. By considering
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COMMUNICATION‚ PRANVEER SINGH INSTITUTE OF TECHNOLOGY) The following diagram below shows the block diagram‚ them implemented/used/work with. In this work it was also observed that they added: i) ATM (Automated Teller Machine)‚ an automated teller machine (ATM) or automatic banking machine (ABM) is a computerized telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier‚ human clerk or
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