This presentation summarizes an ATM system. It includes sections on introduction, software and hardware requirements, functions like cash withdrawal and deposits, state and user case diagrams, data flow diagram, class diagram, advantages like convenience and privacy, disadvantages like security risks, screen shots, future scopes such as biometric authentication and white label ATMs, conclusion that ATMs provide secure banking though require improving security, and references.
2. Contents
Introduction
Software Requirement
Hardware Requirement
Functions
State Diagram
User Case Diagram
Data Flow Diagram
Class Diagram
Advantages
Disadvantages
Screen Shots
Scope
Conclusion
References
3. Introduction
This application allows the Customers to collect cash and transact
Money from one Account to another just by giving his/her Account
Number. It allows Authorized users to access the system by typing a
valid Account number. This application allows to change password
and inquiry Account Balance of Customer who have valid bank
Account number. It also enables you to make transaction on the current
account it allows to investment in share market and dept. paying to various
department.
6. Function
Display
The system would display a user friendly menu which would allow the user to
have access to all the options provided by the system that is Balance inquiry,
cash withdrawal, cash and cheque deposit.
Cash Dispenser
The system will allow the user to withdraw money from his bank account
limited to his account balance in multiples of hundreds.
Providing Bank Statement
The system will provide the user with a printed mini statement of his last
transactions performed on his account when the latter made a request.
7. Transfer Transaction
The user will be able to effect transfer in his accounts, if he has more than
one savings or current account.
Mobile phone prepaid card refill :
The systems allow the user to replenish his mobile phone prepaid
account from different mobile phone operators available on local market.
12. Advantages
ATM reduces the workload of bank's staff.
ATM provides privacy in banking transactions.
ATM offer quicker than using normal cashier services.
Paying routine bills, fees, and taxes (utilities, phone bills, social security, legal
fees, taxes, etc.)
Printing bank statements.
Updating passbooks.
Cash advances.
Deposit currency recognition, acceptance, and recycling.
13. Disadvantages
If someone watches or hacks ATM machine then details of customers
can be misused.
If we forget our PIN number we can’t withdraw cash from our Account.
17. Scope
Many ATM vendors have devised specialized machines , embedded with
biometric devices for authentication. Catering to the rural population,
these machines have enabled them to interact with the machine in
their local language and on a graphical user interface.
Many Companies are interested in the white-label ATMs Model, where the
ownership of the ATM will not be with the banks but with third parties who
deploy them and make money on fees charged on every transaction.
This can increase the scope of ATM services will maintain growth in
the industry.
18. Conclusion
Behind the friendly appearance of the Automatic Teller Machines,
they are actually protected by some of the most advanced
encryption technologies. However, ATM security requires
progressively improving methods to keep up with smart intruders.
In the near future, a new method will be adopted to protect ATMs
from intruders with better technologies.
Although, this is a constant battle between intruders and the bank,
ATMs are still a very convenient, cost-effective and secure banking
method provided to customers today.
Care has been taken at each step to make it more user friendly so
that users can add new features where ever necessary while using
this automated system. It May be Enhanced for Requirement of
User.