¶ … ATM withdrawal
The customer inserts his/her ATM card into the designated card reader slot of the machine. The card should face the right way when inserting it into the machine. The ATM then pulls the card inside the machine to read the magnetic stripe to identify the user. The card will only be valid if the magnetic stripe can read the users' card and if invalid the card is ejected and the session is then aborted.
If the card can be read, the customer is asked by the ATM to select the language to be used and there are various options to be chosen such as English, French and many others.
The user then enters the personal identification number (PIN), the PIN should have at least...
6.4 (System). System issues transaction receipt with an image of the check. 7. (System). Prompts whether the user would like to complete another deposit or other transaction. Use Case 2 Diagram IV. USE CASE 3: Account transfer (by flow of activities) Triggering Event: System verifies account password. 1 (System). User interface displays "More Options" as an option. 1.1 (Actor). Actor selects "More Options." 2 (System). User interface displays the option to make account transfers. 2.1 (Actor). Actor selects
Automated Teller Machine Servicing The use of ATM in a retail banking system has become a revolutionized technology that assists banks to facilitate banking transactions and free customers from a lengthy queue. Moreover, the ATM technology has facilitated the global integration for fund transfer, withdraw and deposit because it assists bank customers to travel to any part of the world to complete the banking transactions using their ATM cards (Alexander,
The rates of reduction of these cases were noted to be about 20% per year as from 2004 when the standards were introduced (UK Payments Administration LTD 2009). The exact phenomenon observed is as indicated in Appendix A. Mechanism The mechanism involved in the protection of the card details by means of the EMV technology is discussed by various scholars and organizations. SPA (2010, 1) clearly explains that the need for
Internet: Security on the Web Security on the Web -- What are the Key Issues for Major Banks? The age of digital technology -- email, Web-driven high-speed communication and information, online commerce, and more -- has been in place now for several years, and has been touted as a "revolutionary" technological breakthrough, and for good reason: This technology presents enormous new business opportunities. For example, by moving the key element of marketing
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