automated teller machine (atm) definition

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An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit ...

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5 ATM Scams That Can Brea

An old-fashioned scam that still reaps profits for criminals is the placement of a deposit

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Automated teller machine definition is - atm. Recent Examples on the Web An automated teller machine in Moraga ran out of cash. — Los Angeles Times, 10 Oct. 2019 The average cost of an out-of-network ATM withdrawal reached a new high of $4.72, personal finance web site Bankrate reported in its latest study on checking account and automated teller machine fees.

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As with any device containing objects of value, ATMs and the systems they depend on to function are the targets of fraud. Fraud against ATMs and people's attempts to use them takes several forms. The first known instance of a fake ATM was installed at a shopping mall in Manchester, Connecticut, in 1993. By modifying the inner workings of a Fujitsu model 7020 ATM, a criminal gang known as the Bucklands Boys stole information from cards inserted into the machine by customers.

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Automated teller machine (ATM) definition Glossary ...

Automated teller machine (ATM) An interactive terminal with a touch screen or keypad that allows consumers with credit cards or debit cards to withdraw cash, check balances and/or make deposits using the magnetically encoded card to perform transactions.

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An automated teller machine (ATM) is a public banking machine that is usually hooked up to a central computer through leased local lines and a multiplexed data network.

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What does automated teller machine mean? - definitions

Definition of automated teller machine in the Definitions dictionary. Meaning of automated teller machine. What does automated teller machine mean? ... Automated teller machine. An automated or automatic teller machine, also known as an automated banking machine, cash machine, cashpoint, cashline or hole in the wall, is a computerized ...

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Define automated teller machine. automated teller machine synonyms, automated teller machine pronunciation, automated teller machine translation, English dictionary definition of automated teller machine.

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Automated Teller Machine (ATM) Definition Canadian ...

automated teller machine, n. A terminal activated by a magnetically encoded card that allows customers of a bank or other financial institution to conduct everyday banking tasks such as deposits, withdrawals and transfers between accounts. An interconnection of these terminals allows customers to conduct certain transactions around the nation and the world; usually subject to a surcharge fee.

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What is an ATM? - 2020 - Robinhood

Jun 18, 2020  An automated teller machine (ATM) is a machine substitute for a traditional human bank teller. It is capable of completing the same primary financial transactions as its human counterpart. Typical operations include cash withdrawals, check and cash deposits, money transfers, and balance checks. Unlike human tellers, ATMs are often available 24 ...

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Automated Teller Machine Law and Legal Definition ...

Automated Teller Machine Law and Legal Definition. Automated Teller Machine (ATM) ,means “an electronic machine that dispenses cash, and may perform such other functions as funds transfers among a customer's various accounts and acceptance of deposits. Equipment generally is activated by a plastic card in combination with a personal ...

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OECD Glossary of Statistical Terms - Automated teller ...

Definition: An electromechanical device that permits authorised users, typically using machine-readable plastic cards, to withdraw cash from their accounts and/or access other services, such as balance enquiries, transfer of funds or acceptance of deposits.

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AUTOMATED TELLER MACHINE definition in the Cambridge ...

automated teller machine meaning: 1. an ATM 2. an ATM 3. an ATM. Learn more.

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ATM: Definition, Types and Uses Precautions Banking Channels

After reading this article you will learn about:- 1.Definition of ATM 2. Types of ATMs 3. Precautions. Definition of ATM: “ATM is an automated teller machine or automatic teller machine (ATM) which is an electronic computerized telecommunications device that allows a financial institution’s customers to directly use a secure method of communication to access their bank accounts, order or ...

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Privately Owned Automated Teller Machines — Overview

Application of the Definition of Money Services Business to Certain Owner-Operators of Automated Teller Machines Offering Limited Services, FIN-2007-G006, December 3, 2007, clarifying the circumstances under which a nonbank owner and operator of an ATM would be a money

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ATM Meaning: What does ATM mean? 2021 Slang 💯

May 11, 2021  ATM can also mean: Automated Teller Machine; Automated Teller Machine. ATM is a very popular initialism that means “automated teller machine”, a device that allows people to withdrawal cash, deposit cash, transfer funds or get account information about their bank accounts.

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Application of the Definition of Money Services Business ...

Dec 03, 2007  The Financial Crimes Enforcement Network is issuing this interpretive guidance to clarify whether a non-bank owner and operator of an automated teller machine (ATM) would be a money services business (MSB) as that term is defined under the

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Urban Dictionary: Atm machine

A machine that makes Automated Teller Machines. Abbreviation Ass To Mouth Machine. Not to be confused with an Automated Teller Machine, which would be redundant.

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Automated teller machine - definition of automated teller ...

Define automated teller machine. automated teller machine synonyms, automated teller machine pronunciation, automated teller machine translation, English dictionary definition of automated teller machine.

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What does ATM mean? - definitions

Definition of ATM in the Definitions dictionary. Meaning of ATM. What does ATM mean? ... automated teller machine, automatic teller machine, automated teller, automatic teller, ATM noun. an unattended machine (outside some banks) that dispenses money when a

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AUTOMATED TELLER MACHINE Definition of AUTOMATED TELLER ...

‘Ellen goes to the dimly-lit automated teller machine in the corner and swipes her ATM card.’ ‘It has 144 branches and 186 automated teller machines.’ ‘The late '70s and early '80s saw the creation of large-scale corporate databases, the rollout of automated teller machines, and the invention and spread of the personal computer.’

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ATM - definition of ATM by The Free Dictionary

ATM synonyms, ATM pronunciation, ATM translation, English dictionary definition of ATM. n. An unattended electronic machine in a public place, connected to a data system and related equipment and activated by a bank customer to obtain cash...

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Definition of Automated Teller Machine (ATM) - Gartner ...

An automated teller machine (ATM) is a public banking machine that is usually hooked up to a central computer through leased local lines and a multiplexed data network.

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Automated teller machine (ATM) Definition Nasdaq

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 ...

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Automated Teller Machine Law and Legal Definition ...

Automated Teller Machine Law and Legal Definition. Automated Teller Machine (ATM) ,means “an electronic machine that dispenses cash, and may perform such other functions as funds transfers among a customer's various accounts and acceptance of deposits. Equipment generally is activated by a plastic card in combination with a personal ...

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OECD Glossary of Statistical Terms - Automated teller ...

Definition: An electromechanical device that permits authorised users, typically using machine-readable plastic cards, to withdraw cash from their accounts and/or access other services, such as balance enquiries, transfer of funds or acceptance of deposits.

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ATM Full Form - Automated Teller Machine Definition.

Mar 05, 2021  An automated teller machine makes it easier for a bank account holder to carry out the basic transitions without the assistance of a Cashier. A user can use the ATM of any bank depending upon his/her credit card/debit card although he/she don`t have an account in that particular bank.

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OECD Glossary of Statistical Terms - ATM Definition

Definition: See Automated teller machine. Cross References: Automated teller machine (ATM) Statistical Theme: Financial statistics: Created on Thursday, August 22, 2002 ...

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ATM: Definition, Types and Uses Precautions Banking Channels

After reading this article you will learn about:- 1.Definition of ATM 2. Types of ATMs 3. Precautions. Definition of ATM: “ATM is an automated teller machine or automatic teller machine (ATM) which is an electronic computerized telecommunications device that allows a financial institution’s customers to directly use a secure method of communication to access their bank accounts, order or ...

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What does ATM mean? - definitions

Definition of ATM in the Definitions dictionary. Meaning of ATM. What does ATM mean? ... automated teller machine, automatic teller machine, automated teller, automatic teller, ATM noun. an unattended machine (outside some banks) that dispenses money when a

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AUTOMATED TELLER MACHINE Definition of AUTOMATED TELLER ...

‘Ellen goes to the dimly-lit automated teller machine in the corner and swipes her ATM card.’ ‘It has 144 branches and 186 automated teller machines.’ ‘The late '70s and early '80s saw the creation of large-scale corporate databases, the rollout of automated teller machines, and the invention and spread of the personal computer.’

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ATM Meaning: What does ATM mean? 2021 Slang 💯

May 11, 2021  ATM can also mean: Automated Teller Machine; Automated Teller Machine. ATM is a very popular initialism that means “automated teller machine”, a device that allows people to withdrawal cash, deposit cash, transfer funds or get account information about their bank accounts.

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Automated Teller Machine Super Brokers Glossary

See also "Automated Teller Machine." ATM Alliance — Definition, An alliance between banks and/or credit unions that is designed to avoid or minimize surcharges for non-bank customers at ATM machines. Customers from one bank that belongs to the alliance can use surcharge-free ATMs at all alliance banks. ATM Card Fee — Definition,

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Automated teller machine : definition of Automated teller ...

Peterson, Kirk Automated Teller Machine as a National Bank under the Federal Law, William S. Hein Co., Inc., August 1987, ISBN 0-89941-587-3 Schneier, Bruce (January 2004). Secrets and Lies: Digital Security in a Networked World .

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ATM - definition of ATM by The Free Dictionary

ATM synonyms, ATM pronunciation, ATM translation, English dictionary definition of ATM. n. An unattended electronic machine in a public place, connected to a data system and related equipment and activated by a bank customer to obtain cash...

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Automated Teller Machine (ATM) Market Latest Technology ...

Also called automated Banking machine, automatic till machine, or remote service unit. The Automated Teller Machine (ATM) market revenue was Million USD

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