AUTOMATED TELLER MACHINE

Presented byPankaj Chakrabarty G10-36 Nitin Singh Tatrari G10-04 Parthajit Purkayastha G10-11 Juan Chowdhury G10-20 Soumyajit Bhattacharjee G10-76 Dhruba Kishore Chutia G10-15 Mousam Baruah G10-07 Debajit Das G10-12

WHAT IS AN ATM?
The Automated Teller Machine is a computerised

telecommunications device
that provides a financial institution with access to financial transactions in public space without the need of a cashier, human clerk or a bank teller.

THE BEGINNING
DAWN OF THE AUTOMATED TELLER MACHINE

THE FIRST ATM

Invented By American inventor Luther George Simjian in 1939.

City Bank of New York installs one of his ATMs for a six month trial.
At the end of the six month trial the ATM was removed as the customers were hesitating to believe this new technology.

TIMELINE
1971 1974 : : First On-line true ATM bank 1967: First cash 1968: Card eating 1969: First use of ATM 1960 : ATM predecessor introduced atm dispenser installation machine magstripe cards installed

HARDWARE AND COMPONENTS

PARTS OF ATM

DISPLAY FUNCTION KEYS PIN PAD MAGNETIC OR CHIP CARD READER CASH DISPENSER RECORD PRINTER

CPU
MULTIPLE SERIAL BOARD

MODEM
SECURE CRYPTOPROCESSOR CARTRIDGE

CASH

HOUSING VAULT

WHAT MECHANISMS VAULT PERFORMS ?

Dispensing mechanism Deposit mechanism Security sensor

Locks
Journaling system

THE SOFTWARE

 ATMs use Microsoft OS - Windows XP

Professional or Windows XP Embedded.

Windows Vista wasnt that popular. Linux OS is gaining popularity.

A Wincor Nixdorf ATM running Windows 2000.

 ATMs keep the PIN and other information safe by using

encryption software such as Triple DES (Data Encryption Standard).

An ATM running Microsoft Windows that has crashed

Sensing Bills
Electric eye that counts each bill as it exits the dispenser.

A journal that keeps all records.

A sensor that evaluates the thickness of each bill.

THE ATM CARD

ATM cards are typically about 86 54 mm

WHAT AN ATM CARD IS :

A card issued by bank or credit union that can be used at an ATM.

A plastic card of dimensions 86 X 54 mm.

Front View:1. ISSUEING BANK LOGO 2. EMV CHIPS 3. HOLOGRAM 4. CREDIT CARD NUMBER 5. CARD BRAND LOGO 6. EXPIRATION DATE 7. CARD HOLDER NAME

BACK VIEW :

1.MAGNETIC STRIP 2.SIGNATURE STRIP 3.CARD SECURITY CODE

EMV CHIP : -

EMV stands for

EUROPAY, MASTER CARD and VISA .

Size: 3 x 5 mm

MAGNETIC STRIP :

Invented by IBM Stores all the CONFIDENTIAL DATAs

The BACKBONE

THE ATM CONSORTIUM

A computer network that connects the ATMs of different banks

THE BASIC LAYOUT

THREE LEVELS:
BANK COMPUTER HOST COMPUTER

ATM

AN ATM INTERFACE WITH USER AND BANK

Activate customers records

Pull customers record

Get valid function request

Handle transactions

Validate customer

Get valid card

Get valid code

Handle checking transactions Handle savings transactions

Handle exit

TYPES OF COMMUNICATION MODES

Leased line: for high speed services

Dial up modem: most commonly used. Joins up with the telephone line

SECURITY

Physical

Schedule of filling money is kept secret ,varying and random!

Money kept in cassettes!

Gas explosion prevention device (gas suppresion system)

Customer identity integrity -

Finger, palm vein patterns and facial recognition technologies to counter fake keypads and card readers

Device operation integrity

1. Alarm sensors

2.Mechanical shutters

CUSTOMER SECURITY

Multiple security cameras and security guards are a common feature.

Secured doors with a wall-mounted scanner.

PIN codes Known only to the card holder, even if the card is lost, the
PIN makes the account secure.

UTILITIES AND ADVANTAGES

Cash or cheque deposit

Making payments

A Kiosk

Kiosks: A road side ATM

Making funds transfer

Sale of paper based products

Third party advertising

Recharge mobile via ATM

Even though the ATM has been a boon to us , it does have few disadvantages that include -

If someone forgets the pin number he or she will not be able to withdraw money from their account.

There is a daily cash withdrawal limit. Moreover small amount of money cannot be withdrawn.

Highly prone to card forgery and robbery.

Sometimes the money receipt after a transaction shows incorrect balance, leading to confusion.

To

help guard against fraud, keep your ATM receipts until you check them against your monthly statement.
When

selecting a PIN, avoid numbers and letters that relate to your personal information. For example, don't use your initials, birthday, telephone or vehicle number etc..

SAFETY TIPS FOR USE OF ATM CARD USEFUL TIPS: Protecting The Card :
Keep

your card in a safe place to avoid damage.

Memorize

your Personal Identification Number

(PIN).
Immediately

report a lost or stolen card to your financial institution.

SAFETY TIPS AT THE TIME OF WITHDRAWAL :

Observe

surroundings before using an ATM. Avoid using ATM with obstructed view
Take Have

a friend with - especially at night. the card out and ready to use.

Shield

the screen and keyboard so anyone waiting to use the ATM cannot see the PIN or transaction amount.
Put

your cash, card and receipt away immediately. Always keep your receipt.
When

using an enclosed ATM that requires your card to open the door, avoid letting strangers follow you inside.
Use

Your own Bank machine ,where ever possible .

THANK YOU