ITM PROJCT

Topics: Automated teller machine, Bank, Cheque Pages: 16 (3338 words) Published: April 18, 2015
INTERACTIVE TELLER MACHINE (ITM)
Introduction to Information Technology
Module Code: UFC04

Group-18
Date of submission: 2015/01/23
Student’s nameStudent’s ID
Milan BasnetNP02A140088
Sanjeeta TimsinaNP02A140091
Roshni Niroula NP02A140089
Shiwani ShresthaNP02A140087
Puru AgrawalNP02A140093

ACKNOWLEDGEMENTS
We have taken lots of efforts in this project. However, it would not have been possible without the kind support and help of many individuals. I would like to stretch my one fold thanks to all of them. We are very glad to have the opportunity to work with this module. We are very thankful to our module leader Asst. Prof. Dr. Weerachai Anotaipaiboon, and our module lecturer Dr. Shreyas Nambiar for guiding us through the module. We are very happy to attend the module that has helped us to get some knowledge and idea on Information Technology (IT). This document basically states our own findings and the technical review on the various sources. Our thanks and appreciations also go to our colleague in developing the project and people who have willingly helped us out with their abilities. We would like to express our deepest appreciation to all those who provided us the possibility to complete this report. Furthermore we would also like to confess with much merit the essential role of the staff of Merryland College, who gave the permission to use all required equipment and the necessary materials to complete the coursework.  A special thanks goes to our team mate, Milan Basnet, who helped us to do research and gave suggestion about the Interactive Teller Machine (ITM). Last but not least, many thanks go to the head of the project, Puru Agrawal whose have invested his full effort in guiding the team in achieving the goal. We are grateful for the guidance given by other supervisor especially in our coursework that has improved our final report, thanks to their comment and advices.

Contents
1. Acknowledgements…………………………………………………………….1 2. Executive summary…………………………………………………………….3 3. Introduction to Interactive Teller Machine (ITM)…………………………….4 4. Feature of Interactive Teller Machine (ITM)………………………………….5 - 6 5. Design and technical specifications…………………………………………...7 - 9 6. Applications………………………………………………………………………10 - 11 7. Conclusion………………………………………………………………………..12 References………………………………………………………………………..13 Appendices…………………………………………………………………….....14 - 15

EXECUTIVE SUMMARY
This report is to provide the information on latest banking technology taking Interactive Teller Machine (ITM) as the product. The ITM is just the upgraded form of Automatic Teller Machine (ATM) which provides customer live face to face conversation at ATM and allows bank to provide their customers the benefit of self-banking anywhere, anytime. Interactive teller is equipped with remote teller, who can control the machine and its functions, leading to more personalized interactions. Interactive teller machine (ITM) has changed the revolution of banking by bringing video banking service among us. You can make deposits, withdrawals, transfers, loan payments, cash checks, and many more. There are no envelopes or forms to fill out and you don’t have to carry ATM cards and debit cards anymore, this concept has bought banking in the hands of customer. This report explains all the aspects of Interactive Teller Machine (ITM). This report also includes features, specification and applications of Interactive teller. 1. Introduction to Interactive Teller Machine (ITM)

In early days ATM was the most advanced technology for banking, here banking means only to withdraw cash using ATM and other purpose like balance enquiry. But the invention of ATM having built in cameras, speakers and microphone, known as Interactive teller machine (ITM) has changed the revolution of banking. You can make Customer authentication, cash deposits, check deposits, cash withdrawal, check print, account transfers, bill payments, account inquiries, process...
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