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Royal college of technology

Minor project presentation on


ATM database system

Submitted to Submitted by
Mr. jitendra Akshay saxena
choudhary
Prakhar pancholi
Outlines-
• History of ATM
• What is an ATM?
• What is the purpose of it?
• Scope of ATM?
• Hardware requirement
• Interaction and works
• Data flow diagram
• Advantages
History of ATM
• A mechanical cash dispenser, arguably an ATM, was
developed and built by Luther George Simjian and
installed 1939 in New York by the City Bank of New
York, but removed after 6 months due to the lack of
customer acceptance.
• Thereafter, the history of ATMs paused for over 25
years, until De La Rue developed the first electronic
ATM, which was installed first in Enfield Town in North
London on June 27, 1967 by Barclays Bank. This
instance of the invention is credited to John Shepherd-
Barron, although Luther George Simjian registered
patents in New York, USA in the 1930s and Donald
Wetzel and two other engineers from Docutel
registered a patent on June 4, 1973. Shepherd-Barron
was awarded.
What is an ATM?
• An automated teller machine(ATM) or Automatic
banking machine is a computerized telecommunication
device that provides the user of a financial institution
with access of financial transaction without the help of
cashier, or bank clerk. On ATM’s the customer
identified by inserting the plastic ATM card with the
magnetic stripe, that contains a unique card number
and some security information such as expiration date.
Authentication is provided by the customer entering a
personal identification number PIN).
What is purpose of ATM?
• Using an ATM, customers can access their bank accounts in
order to make cash withdrawals (or credit card cash advances)
and check their account balances as well as purchase
cellphone prepaid credit. If the currency being withdrawn from
the ATM is different from that which the bank account is
denominated in (eg: Withdrawing Japanese Yen from a bank
account containing US Dollars), the money will be converted at
a wholesale exchange rate. Thus, ATMs often provide the best
possible exchange rate for foreign travelers and are heavily
used for this purpose as well.
• ATMs are known by various other names including Automated
Transaction Machine, automated banking machine, cashpoint
(in Britain),money machine, bank machine, cash machine, hole-
in-the-wall, Bancomat (in various countries in Europe and
Russia), Multibanco (after a registered trade mark, in Portugal),
and Any Time Money (in India)
Scope of the ATM
• The main purpose of the ATM division and information
service is to provide the customers financial flexibility,
worldwide acceptance and round-the clock
convenience.
• Bank issues only VISA Credit Cards, the renowned
Credit Card brand. Cardholders can purchase
goods/services up to the credit limit and can reuse the
credit facility upon repayment. Credit Card is a safer
substitute to cash and is the major mode of payment
worldwide.
• The business activity of Premier Bank Credit Card
section is to keep the records of all sales and
customers’ requests, the information of cardholders
and reports them to necessary documents.
Hardware requirements
- CPU
- Card Reader
- Secure processor
- Cash Dispenser
- Display Screen
- Function Key Button or Touch Screen
- Record Printer
- Housing
How it interact with us?
How does it works?
Data flow diagram
Security

- Physical
- Transactional Secrecy and Integrity
- Customer Identity Integrity
Advantages

• ATM supports voice, video and data allowing


multimedia and mixed services over a single network. 

• High evolution potential, works with existing, legacy


technologies 

• Provides the best multiple service support 


• Cable can be twisted-pair, coaxial or fiber-optic 
• Higher aggregate bandwidth
• High speed Mbps and possibly Gbps 
Alternative uses
- Deposit currency recognition, acceptance, recycling
- Updating passbooks
- Loading monetary value into prepaid card
- Ticket purchase
- Purchasing postal stamps
- Lottery ticket purchase
- Advertising
THANK YOU

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