Automatic teller machines definition of Automatic teller machines 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	He also helped invent and introduced the first nationally accepted debit card and introduced the group of automatic teller machines that evolved into the present day ATM. Former bank marketer John F. Fisher, 80, passes away in Montana by ABA Bank Marketing Have you ever stopped to wonder exactly how it is that automatic teller machines (known as ATM's) work? Automatic Teller Machines ? A Guide by Gurpreet Singh / Internet and Businesses Online community It will occupy 4,000 s/f of the ground floor and will offer a drive-through, automatic teller machines and banking services. Bank's arrival is a teller tale sign of improvement by Real Estate Weekly	Automatic Sequence Controlled Calculator automatic sequences Automatic Sheet-Metal Stamping Machine automatic short-circuiter automatic shut-off automatic shutdown automatic slips automatic smoke alarm system automatic smoke vent automatic speed sensing automatic spider automatic sprinkler automatic sprinkler system automatic stability automatic stabilization equipment automatic stoker automatic stop Automatic Switch-in of Standby Facilities automatic switchboard automatic switching system Automatic Synchronizing automatic tank battery Automatic Target Tracking automatic telegraph transmission automatic teller machine Automatic teller machines automatic test equipment Automatic Text Analysis Automatic Text Synthesis automatic threshold closer automatic threshold variation automatic time switch automatic tint control automatic titrator automatic toll ticketing Automatic Topper-Lifter-Harvester automatic track shift automatic tracking Automatic Train Stop automatic transfer equipment Automatic Transfer Machine automatic transfer switch automatic transmission automatic traverse computer automatic tuning control automatic tuning system automatic video noise leveling Automatic Voltage Control automatic voltage regulator automatic volume compressor automatic volume control	Automatic Target Recognition Automatic Target Recognition & Reporting Automatic Target Recognition Advanced/Development Automatic Target Recognition Automatic Target Correlation Automatic Target Recognition Identification & Detection Automatic Target Recognition System Automatic Target Recognizer Working Group Automatic Target Tracking Automatic Target Tracking Automatic Targeting Attack Communicator Automatic Targeting System Automatic Tariff Adjustment Formula Automatic Technique for Selection & Identification of Targets Automatic Telecommunication System Automatic Telecommunications Program Automatic Telecommunications System Security Manager automatic telegraph transmission Automatic Telephone Central Office Automatic Telephone Disconnect Device Automatic telephone exchange Automatic Telephone Using Radio Automatic Telescope for Optical Monitoring Automatic Telex System automatic teller automatic teller machine automatic teller machine automatic teller machine automatic teller machine automatic teller machine Automatic teller machines automatic telling machine Automatic Temperature Compensation Automatic Temperature Control Automatic Temporal Multi-Resolution Automatic Temporary Restraining Order Automatic Term Mapping Automatic Terminal Information Service Automatic Terminal Recognition Automatic Terminate Engagement Automatic Terrain Avoidance Automatic Terrain Avoidance System Automatic Terrain Following Automatic Terrain Following System Automatic Terrain Recognition And Navigation Automatic Terror Alert Monitor Automatic Test & Checkout Equipment Automatic Test Break Access Automatic Test Control Automatic test equipment Automatic test equipment Automatic test equipment Automatic Test Equipment Software Support Environment Automatic Test Equipment, Missile System Automatic test equipment/operation support equipment Automatic Test Facility Automatic Test Format

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He also helped invent and introduced the first nationally accepted debit card and introduced the group of automatic teller machines that evolved into the present day ATM.

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