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"ATM machine" is a common example of RAS syndrome. RAS syndrome, where RAS stands for redundant acronym syndrome (making the phrase "RAS syndrome" autological), is the redundant use of one or more of the words that make up an acronym in conjunction with the abbreviated form. This means, in effect, repeating one or more words from the acronym.
There are different transaction methods used in shared ATMs with regards to the encipherment of PIN, and message authentication among them is so-called "zone encryption". In this method, a trusted authority is appointed to operate on behalf of a group of banks so they could interchange messages for ATM payment approvals. [1]
A widely adopted specification to emerge from the ATM Forum was the Circuit Emulation Service (CES) specification. This specification defined a method of creating a service out of mapping TDM DS0 and DS1/E1 Plesiochronous Digital Hierarchy (PDH) signals into Asynchronous Transfer Mode (ATM) cells. It also supported J2 and DS-3 signals.
Depending on the issuing bank and the preferences of the client, this may allow the card to be used as an ATM card, enabling transactions at automatic teller machines; or as a debit card, linked to the client's bank account and able to be used for making purchases at the point of sale; or as a credit card attached to a revolving credit line ...
GRG Banking is a Chinese listed enterprise, specialized in the financial self-service industry. GRG Banking is engaged in research and development, manufacturing, sales and service, software development for automated teller machines (ATMs), automated fare collection systems (AFCs), and other currency recognition and processing equipment.
The idea of an ATM blow up is to destroy the automated teller machine, in order to get the money that is inside it. It is also called ATM burglary using explosives . Such burglaries have also been done with other vending machines , such as those selling tickets, cigarettes or other goods.
National Financial Switch (NFS) is the largest network of shared automated teller machines (ATMs) in India. [1] It was designed, developed and deployed by the Institute for Development and Research in Banking Technology (IDRBT) in 2004, with the goal of inter-connecting the ATMs in the country and facilitating convenience banking.
IBM Turboways ATM 155 PCI network interface card. Asynchronous Transfer Mode (ATM) is a telecommunications standard defined by the American National Standards Institute and International Telecommunication Union Telecommunication Standardization Sector (ITU-T, formerly CCITT) for digital transmission of multiple types of traffic.