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The sentence contains offensive content. Cancel Submit. Your feedback will be reviewed. B1 a cash machine mainly UK. Machines - general words.
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Examples of cashpoint. They should consider introducing cashpoint systems and using other means to attract even more business. From the Hansard archive.
Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.
We all know that banks are commercial organisations and that, increasingly, people will use cashpoint machines. These examples are from corpora and from sources on the web.
Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Three thousand post offices are to have cashpoint services, but we must face the hard realities. There is also a practical implication relating to cashpoint machines, in that many sub-post offices are too small to house them.
Marching people to cashpoints was an original suggestion which was rightly dismissed as a nonsense. I take the point about post offices and especially cashpoint services.
Therefore, in looking at social exclusion and formal entry of people into the financial services sector, we need a multi-faceted approach, beginning with cashpoints.
They may be miles from a cashpoint machine. In an attempt to prevent criminals from shoulder surfing the customer's personal identification number PIN , some banks draw privacy areas on the floor.
For a low-tech form of fraud, the easiest is to simply steal a customer's card along with its PIN. A later variant of this approach is to trap the card inside of the ATM's card reader with a device often referred to as a Lebanese loop.
When the customer gets frustrated by not getting the card back and walks away from the machine, the criminal is able to remove the card and withdraw cash from the customer's account, using the card and its PIN.
This type of fraud has spread globally. Although somewhat replaced in terms of volume by skimming incidents, a re-emergence of card trapping has been noticed in regions such as Europe, where EMV chip and PIN cards have increased in circulation.
Another simple form of fraud involves attempting to get the customer's bank to issue a new card and its PIN and stealing them from their mail.
By contrast, a newer high-tech method of operating, sometimes called card skimming or card cloning , involves the installation of a magnetic card reader over the real ATM's card slot and the use of a wireless surveillance camera or a modified digital camera or a false PIN keypad to observe the user's PIN.
Card data is then cloned into a duplicate card and the criminal attempts a standard cash withdrawal. The availability of low-cost commodity wireless cameras, keypads, card readers, and card writers has made it a relatively simple form of fraud, with comparatively low risk to the fraudsters.
In an attempt to stop these practices, countermeasures against card cloning have been developed by the banking industry, in particular by the use of smart cards which cannot easily be copied or spoofed by unauthenticated devices, and by attempting to make the outside of their ATMs tamper evident.
This fallback behaviour can be exploited. Card cloning and skimming can be detected by the implementation of magnetic card reader heads and firmware that can read a signature embedded in all magnetic stripes during the card production process.
The concept and various methods of copying the contents of an ATM card's magnetic stripe onto a duplicate card to access other people's financial information was well known in the hacking communities by late After getting all the information from the videotapes, he was able to produce clone cards which not only allowed him to withdraw the full daily limit for each account, but also allowed him to sidestep withdrawal limits by using multiple copied cards.
Stone was sentenced to five years and six months in prison. A talking ATM is a type of ATM that provides audible instructions so that people who cannot read a screen can independently use the machine, therefore effectively eliminating the need for assistance from an external, potentially malevolent source.
All audible information is delivered privately through a standard headphone jack on the face of the machine.
Alternatively, some banks such as the Nordea and Swedbank use a built-in external speaker which may be invoked by pressing the talk button on the keypad.
A postal interactive kiosk may share many components of an ATM including a vault , but it only dispenses items related to postage. A scrip cash dispenser may have many components in common with an ATM, but it lacks the ability to dispense physical cash and consequently requires no vault.
Instead, the customer requests a withdrawal transaction from the machine, which prints a receipt or scrip. The customer then takes this receipt to a nearby sales clerk, who then exchanges it for cash from the till.
A teller assist unit TAU is distinct in that it is designed to be operated solely by trained personnel and not by the general public, does integrate directly into interbank networks, and usually is controlled by a computer that is not directly integrated into the overall construction of the unit.
All the usual ATM functions are available, except for withdrawing cash. Most banks in Taiwan provide these online services. From Wikipedia, the free encyclopedia.
Redirected from Cashpoint. For the Hard-Fi single, see Cash Machine. For the D. Types of banks. Funds transfer. Automated teller machine Bank regulation Loan Mobile banking Money creation Bank secrecy Ethical banking Fractional-reserve banking Full-reserve banking Islamic banking Private banking.
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