Essays on ATM Card

Background information

The advancement of information and technology has led to a significant revolution in the banking industry through the development of automated teller machines (ATM). These machines allows customers to carry out functions such as deposit of cash, withdrawal of money and securing statement of accounts. To access an ATM service, customers must have ATM cards. The respective financial institutions issue these payment cards to their customers to increase service efficiency and effectiveness (Narteh, 2013). Conventionally, customers could make long queues as they carry financial transactions from tellers. In today’s business world, ATM cards have made it possible to ...

In the early days, a person is required to go to the bank personally and withdraw his money manually from his account. He would have to wait for countless hours in turn before he could have his money. He has to fall in line, fill-up forms and wait for the teller to count the money. However, this method of getting money from the bank can become a hindrance especially in certain instances such as in emergencies, trips or even in purchasing items. Today, ATM cards are issued to allow clients to access their bank accounts wherever they are and for whatever ...

Are They an Answer?

Standing in the elevator of a big bureau, sitting in the waiting room of your doctor’s office, chilling with your colleagues in the coffee room, you suddenly notice something in the corner of two walls. A one-eyed creature is looking at you, recording your every move. It has not been a long time since the closed-circuit cameras have been introduced , at least to the public. They are cameras linked to televisions in which signals are privately received and monitored. In the past, CCTV (closed circuit television) systems used to have a low-quality black and white image, but modern systems display ...

Executive Summary

The probability function is also in the favor of the company, and found that the chance of earning high is effective and powerful as far as the effectiveness of the company are concerned. The company should go forward with the same aspect in order to grow its market substantially and effectively in different regions.

Introduction

Decision making is an important activity for an organization, and it is equally beneficial for the long term sustainability of an entity in a particular industry (Allayannis and Brown, 2005). The value of decision making can be analyzed with the fact that the whole effectiveness of ...