The second question deals with, if you were to take the $500 out of one machine and then go to another, what would happen? You would most likely get a message that your daily limit had been exceeded. You would most likely have to wait until 24 hours had passed to withdraw money.
The third question asks what is on my card. There is my name, the Visa logo, my 16-digit card number, and the three-letter code on the back. In addition, there is a background I chose.
The fourth question asks how the information is used. The name is used to verify identity, the 16-digit card number is used to access the account, and the three-digit code is sometimes used for further verification.
The fifth question asks what happens when the wrong card number is used. If the wrong card number is used, the transaction is canceled. If it is the wrong pin number, the machine will ask you to re-enter the pin number.
The sixth question asks why there are pauses between the steps of a transaction. This could be for a number of reasons. To name a few, the machine could be counting money or verifying information from the card. Pauses do not just happen with people at the realm.
The first question asks how much money one is allowed to take out. This, of course, depends upon the limit set forth by the bank and is often set up when the account is first established by the cardholder. Typically, it is $500 or so. That seems to be the most popular figure…
ATMs save the average individual’s time since he no longer has to wait in long bank queues. Moreover, the fact that ATMs are strategically located in malls, shopping centers, cinemas and amusement parks means that one no longer needs to be afraid of running out of cash at the wrong time.
A SAN in this variation consists of an infrastructure that employs physical connections and a management later. The management layer organises the actual physical implements of the network such as the physical connections, storage elements and the actual computer systems in order to ensure data transfer is both strong and secure.
There will be radical changes in the work place. For instance, the typewriter has been replaced by computers. The fifty office employees have been reduced to ten skeleton-force employees using the computers as their clerical assistants. Many computer programs can now do the architects', engineers', accountants', and psychologists' jobs.
Pooling of funds is one of the better tools for management to use in order to maximize profits. The paragraphs below will explain what pooling of funds(Reilly, 1997) is all about and also what financial intermediaries like banks (Collins, 1992) do.
POOLING OF FUNDS.
This incorporation highlights the needs of perfect security of computing devices and sensors that provides new concepts of protective measures like never thought before. The best example of such measures is the concept of "smart cards" and "Biometrics".
Pervasive computing enables researchers to think the best possible security aspects to minimize the threats of computer and cyber crime that leads towards the killer applications, cyber-criminals as computer culprits take advantage of the vulnerabilities present in the traditional computing environments.
The conclusion states that ATM is one of the best examples of a complete system having all the required functionality of a standard information system. With the advent of modern ATM machines, people do not need to carry cash with them all the time. Instead, whenever required, they can just walk to a self-service information system and make the transaction using a plastic card only.
In a related news in Redmond, Washington, Nov 6, 2002, it stated that although the US investment banks have been hit by mergers and consolidations due to the stock market downturn, the long period of low interest rates have assisted the commercial banks to more than recover the credit losses and generate record earnings according to Federal deposit insurance corporation in 2002.
3) A biometric handprint scanner is as part of a system for granting access to a facility. Once an identity is, the system checks and confirms that the user allowed leaving the lobby and entering the facility, and the
1 pages (250 words)Essay
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