Understanding ATMs: Functions, History, and Usage Explained
Understanding ATMs: Functions, History, and Usage Explained
3 months ago
investopedia.com
ATM makers warn of 'jackpotting' hacks on U.S. machines
ATM makers warn of 'jackpotting' hacks on U.S. machines
Jan 28, 2018
Fox BusinessJim Finkle
Technology on Instagram: "An ATM (Automated Teller Machine) allows users to perform basic banking transactions without visiting a bank. It works by connecting to the bank's central system through a secure network. When a user inserts their debit or credit card and enters a PIN, the ATM verifies the information with the bank. Once authenticated, the user can withdraw cash, check balances, of transferyday funds. The machine dispenses cash using a mechanism that counts and delivers notes accurately
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