ATM Presented by GROUP NO. 7

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ATM Presented byGROUP NO. 7

• Dhanya
• Neha
• Jitendra
• Amrapali

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INTRODUCTION

• An automated teller machine (ATM), also known as
  automatic banking machine (ABM), Automated
  Transaction Machine, bank machine, Cash Machine,
  or Cash point.
• It is a computerized telecommunications device
  that provides the clients of a financial
  institution .
• It is a self service banking machine attached
  to a host computer through a telephone network

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Contd

• ATM card has a layout with a magnetic stripe or a
  plastic smart card with a chip, that contains a
  unique card number and some security information
• Using an ATM, customers can access their bank
  accounts in order to make cash withdrawals,
  credit card cash advances, and check their
  account balances as well as purchase prepaid cell
  phone credit.

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HISTORY

• LUTHER GEORGE SIMJIAN has first invented ATM
  machine which was previously called as
  Bankograph.
• It was installed in New York City in 1961 by the
  City Bank of New York.
• The Bankograph was an automated envelope deposit
  machine (accepting coins, cash and cheques) and
  it did not have cash dispensing features.
• A first cash dispensing device was used in Tokyo
  in 1966 .

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Contd...

• In 1968 the networked ATM was pioneered in
  Dallas, Texas, by Donald Wetzel .
• 1969, Chemical Bank installed the first ATM in
  the U.S. at its branch in Rockville Centre, New
  York
• The first ATMs were designed to dispense a fixed
  amount of cash when a user inserted a specially
  coded card.

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Location

• ATMs are placed in locations such as shopping
  centers/malls, airports, grocery stores,
  petrol/gas stations, restaurants, etc
• On and off premise.

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ATM ARCHITECTURE

• Virtual Paths and Virtual Channels
• Transmission Path
• Virtual Path
• Virtual Channel
• Switching Hierarchy
• Switching at the Transmission Path Level
• Switching at the Virtual Path Virtual Channel
  Level

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Contd

• LAN Emulation

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WORKING OF ATM
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BENEFITS OF ATM

• FOR THE BANK
• Increases existing business.
• Generates new business.
• Provides additional revenue streams.
• ATM pays for itself.
• FOR THE CUSTOMER
• Saves time and money.
• Can get cash whenever and wherever
• required.

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PARTS OF ATM
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TYPES OF ATM CONNECTIVITY

• An ATM connects and communicates through a host
  processor .
• Two types of connectivity
• Leased line
• Dial-up Line

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Contd

• Leased Line
• ATM connects directly to the host
  through a
• 4 wire point-to-point dedicated phone
  line.
• Dial-up Line
• ATM connects to the host through a
  normal
• phone line using a modem and atoll free
  
• number.
• or
• Through an ISP using a local access
  number.

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ATM NETWORK
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Uses of ATM

• Cash Withdrawal and Balance Enquiry
• Cash /Cheque Deposit
• Bill Payments
• Sale of Paper Based Products
• Third Party Advertising
• Money Transfers
• Recharge Mobiles via ATMs

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ATM Security

• ATMs keep your personal identification number
  (PIN) and other information safe by using
  encryption software such as Triple DES (Data
  Encryption Standard).
• Don't write down your PIN. If you must write it
  down, do not store it in your wallet or purse.
• Make your PIN a series of letters or numbers that
  you can easily remember, but that cannot easily
  be associated with you personally.
• Avoid using birth dates, initials, house numbers
  or your phone number.

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NEW INNOVATIONS

• PC- based ATM.
• ATM with keypad having Braille letters
• and numbers.
• Wireless ATM
• Mobile ATM

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CONCLUSION

• ATM is one of the gift from inventor to
  humanity .

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• THANK YOU