Automated teller machine

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Automated teller machine (ATM)

Computer-controlled terminal located on the premises of financial institutions or elsewhere, though which customers may make deposits, withdrawals or other transactions as they would through a bank teller. Other terms sometimes used to describe such terminals are customer-bank communications terminal (CBCT) and remote service unit (RSU). Groups of banks sometimes share ATMs. Sometimes called Automated Banking Machines.

Automated Teller Machine

Commonly called an ATM. A computer program located in a kiosk allowing the user to conduct certain banking transaction. Most often, an ATM allows the user to withdraw cash, but one may also check the balance of an account, make a deposit, make a payment, or conduct other transaction. The user may be assessed a fee to use an ATM, especially if the user's account is at a bank other than the one that owns the ATM.
References in periodicals archive ?
Stamps, gift certificates, subway tickets and other goods can be dispensed by cash cassettes that normally store money for ATM withdrawals.
Our joint solution with JBM Electronics gives companies such as ATM Express the flexibility to strategically place ATMs where the demand is greatest - even in those locations where a wired connection is unavailable or impractical," said Laura Johnson, senior director, wireless industry solutions, for AT&T.
The proposed curfew would not apply to the hundreds of ATMs located in police station lobbies and businesses such as 24-hour-a-day markets.
The forecasts for the ATM markets, on-premise ATM market, and off-premise market for these regions help in the identification of regions with high growth potential.
Nautilus Hyosung has over 27 years of experience in the industry, with proven technologies for ATMs and other self-service products.
The strategic alliance with Euronet for outsourcing ATMs and to link them to Cashnet will provide a nationwide network of services to our discerning customers.
Wincor Nixdorf's ATM solutions are exclusively represented in the United States by IBM Global Services, which markets, sells and services Wincor Nixdorf ATMs in the U.
First National Bank of Omaha's (FNBO) upcoming deployment of IFX-based ATMs will represent a major industry transition to the next generation of applications, based upon the standard ratified by the Interactive Financial Exchange Forum earlier this year.
Atlanta-based ACG ATM-Remarketers is a provider of custom refurbished ATMs and kiosks, parts, maintenance and training at a cost 30 to 60 percent lower than that of comparable new equipment for community financial institutions and independent store operators.
Elan, in addition to network membership, provides full ATM processing and support as well as a full set of marketing tools, including prominent signage and Web ATM locators to create and maintain awareness of the Fastbank network.
Oki's choice of Kalignite to create its ATM solution demonstrates Oki's commitment to Open Standards," said Aravinda Korala, CEO of KAL "We are seeing a rapid swing by banks towards open-standards and best-of-breed solutions.
The Electronic Funds Transfer Association today released its final Recommendations on Best Practices report aimed at improving overall security of ATM services.