Automated banking machine definition of Automated banking machine in the Free Online Encyclopedia.

automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. The strip contains an identification code that is transmitted to the bank's central computer by modem modem [modulator/demodulator], an external device or internal electronic circuitry used to transmit and receive digital data over a communications line normally used for analog signals.
..... Click the link for more information. . To prevent unauthorized transactions, a personal identification number (PIN) must also be entered by the user using a keypad. The computer then permits the ATM to complete the transaction; most machines can dispense cash, accept deposits, transfer funds, and provide information on account balances. Banks have formed cooperative, nationwide networks so that a customer of one bank can use an ATM of another for cash access; by 1997 there were more than 160,000 ATMs across the United States. Some ATMs will also accept credit cards credit card, device used to obtain consumer credit at the time of purchasing an article or service. Credit cards may be issued by a business, such as a department store or an oil company, to make it easier for consumers to buy their products.
..... Click the link for more information. for cash advances. The first ATM was installed in 1969 by Chemical Bank at its branch in Rockville Centre, N.Y. A customer using a coded card was dispensed a package containing a set sum of money.

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No references found			In Jamaica, Automated Banking Machines (ABMs ) give consumers access to their bank accounts, building society accounts, and credit union accounts. JAMAICANS ARE SPENDING by Market Latin America TD Bank provides operational support through its branches and access through their network of automated banking machines. First Nations Bank's national vision on schedule by Burke, Marie / Wind Speaker 5) * From 1983-93 banks in the US replaced 37% of their workforce with automated banking machines (ATMs). Information highway: the facts by New Internationalist			autoinfection autoinjection autoinoculation autointoxication autointrusion autoionization AutoLISP autolith autolithography autoloader autologous autoluminescence Autolycus Autolysis autolysosome autolytic enzyme Autolytinae automagic automagically automanual system automat automata automata theory automate Automated Bakery Automated banking machine Automated Coal Mining Automated Control Design Automated Countdown automated decision making Automated Engineering Design automated fingerprint identification system AUTOmated GRouPing system automated guided vehicle automated guided vehicle system automated identification system automated optical inspection automated radar plotting aid automated radar terminal system Automated Retroactive Minimal Moderation automated tape library automated teller machine automated testing Automated Troop Control automated x-ray inspection AUTOMATH automatic automatic abstracting automatic acceleration automatic alarm receiver Automatic Answer-Back			Automated Application for Intelligence Preparation of the Battlespace Automated Application Quality Automated Architecture Tool Support Automated Area Distribution Center Automated Articulation Testing Device Automated Assembly of Secondary Building Units Automated Assistance in Administrative Decision-Making Automated Assistance with Intelligence Preparation of the Battlespace Automated Astronomic Positioning System Automated Astrophysical Site-Testing INvincible Observatory Automated Astrophysical Site-Testing Observatory Automated Attack Execution Automated Attack Warning System Automated attendant Automated attendant Automated Attendant Exchange Automated Auction Automated Audio Remote Test System Automated Auditory Brainstem Response Automated Auger Microprobe Automated AUTODIN Interface Automated Baggage Reconciliation System Automated Bakery Automated Balancing System Automated Ball Indentation Automated banking machine Automated Bar Coding of Air Samples at Hanford Automated Barcode Evaluator Automated Barrier Plan System Automated Base Locator System Automated Battalion Command Post Automated Battle Book System Automated Battle Management Aids Automated Battlefield Interface Concept Automated Battlefield Management System Automated Benefits Exchange Automated Best Value Method Automated Best Value System Automated Bibliographic Information Gateway and Internet Link Automated Bidset Interface Automated Billing System Automated Biomass Burning Algorithm Automated Biometrics Identification System Automated Biotechnology Sequence Search Automated Bit Access Test System Automated Blood Collection Automated Blood Management System Automated Blood Product Labeling System Automated bond system Automated bond system Automated bond system Automated bond system Automated bond system Automated Book Request System

automated teller machine (redirected from Automated banking machine)

automated teller machine
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