ATM Cards Research Articles

Manajemen Kas Berbasis Virtual Account Pada PT PLN (Persero) UPP Pembangkit Jawa Bagian Barat

The company's operational activities can run optimally if cash is managed properly. In the cash of PT PLN (Persero) UPP Pembangkit Jawa Barat there is petty cash which is used to finance the company's operational activities of small value. The purpose of this study was to determine petty cash management based on the virtual account system at PT PLN (Persero) Unit Pelaksana Proyek (UPP) Pembangkit Jawa Bagian Barat so that it could see the cash management process more effectively and efficiently. This research is descriptive in nature, namely research by describing the condition of the company based on actual conditions. From the results of this study, it was found that PT PLN (Persero) Unit Pelaksana Proyek (UPP) Pembangkit Jawa Bagian Barat uses a cash management system with the Imprest system by determining the petty cash value that has been determined per week by PT PLN (Persero) Unit Induk Pembangunan (UIP) Jawa Bagian Barat. Petty cash is taken using an ATM card media which can only be withdrawn for petty cash during working hours and days. Cash management through virtual accounts really helps the cash management process in real time and minimizes idle cash.

DETECTING CREDIT CARD FRAUD USING MACHINE LEARNING ALGORITHMS

Today the banking sector offers its clients many different financial services such as ATM cards, Internet banking, Debit card, and Credit card, which allows attracting a large number of new customers. This article proposes an information system for detecting credit card fraud using a machine learning algorithm. Usually, credit cards are used by the customer around the clock, so the bank's server can track all transactions using machine learning algorithms. It must find or predict fraud detection. The dataset contains characteristics for each transaction and fraudulent transactions need to be classified and detected. For these purposes, the work proposes the use of the Random Forest algorithm.

Provincial governance and financial inclusion: micro evidence from rural Vietnam

Do government institutions improve financial inclusion for households and wage earners in a transitional country? We answer this question in Vietnam, a socialist-oriented market economy that has seen rapid economic growth, while balancing economic prosperity with equity, social inclusion, and bolstering the state’s governance and public administration performance. Our micro-econometric analysis provides fresh evidence that households in provinces with better institutions are more likely to receive larger formal loans, and have bank accounts, savings books, and ATM cards. Also, wage earners living in provinces with higher quality institutions are more likely to be covered by compulsory social insurance. The finding is robust to the choice of econometric specifications and control variables. Our research result implies that improving the quality of provincial institutions (or governance) is an effective way of enhancing financial inclusion for households and wage earners in rural Vietnam.

ATM Model for a Trusted Third Party System (TTPs)

The history of banking transaction has been with the use of cheque books, which direct the bank to pay or transfer specific amount to the bearer – third party on behalf of account owner. Identity card (ID) is the means of authentication and the third party is asked to append his or her signature and address on the back of the cheque for the bank to grant the request. Therefore, human beings cannot do without the help of third party, for their daily activities as nature can call for such service at any time. Even today, may be as a result of sickness, people do give their ATM card and PIN to third party to withdraw money on their behalf. The negative effect of involving third party to withdraw money with an ATM card on behalf of an account owner is at alarming rate. This action to say the least is prone to many security risks which must be avoided at all costs. Therefore, a system is designed in this study to recognize the use of third party in an ATM bank transaction in order to alleviate the negative effect of using the third party. An algorithm was designed for third party ATM transaction using Bracket IDE and Xampp as programming tools. The developed system, allows a trusted third party to have access to ATM card and to withdraw money on behalf of an account owner. The account owner initiates the process through the platform created in this study by registering the third party details and the transaction to be carried out on behalf of an account owner. The system generates an OTP that allows the third party to perform a restricted transaction on behalf of the account owner. The amount to be withdrawn is embedded in the OTP generated for the third party, such that there is no checking of account balance, no withdrawal of an amount less or above amount specified in the OTP, and no money transfer. Therefore, since the system allows restricted transactions to be performed by the third party, it becomes very difficult for third party to use the privilege of performing ATM transaction against the account owner. Keywords: ATM, One Time Password (OTP), Trusted Third Party (TTP), Third Party

AN ASSESSMENT OF SOCIAL SAFETY NET PROGRAMMES TOWARDS CHALLENGES AND BENEFITS OF COMMUNITY IN PAKISTAN

In this research, the researcher tried to analyze the transparency with government perspective, while convenience to be assessed with respect to the payment receivers. The beneficiaries from three most used payment methods were taken into consideration like Post Office, ATM Cards, and Electronic-Biometric Money transfer system. Population of this mixed descriptive study ere the beneficiaries, who have experience of receiving payment from all the three payment methods, therefore, beneficiaries of BISP belonging to districts Ghotki and Kairpur of Province Sindh were taken as the population. 06 Focus Group Discussions (FGDs) were conducted. There is a need to make this system cultural and context specific. Themes and concepts were made to analyze challenges and benefits of beneficiaries by evaluating the coverage, efficiency, effectiveness, convenience, transparency and satisfaction o. An effective and strong public information campaign (by using all means of communication) can also play a vital role in minimizing the financial leakage. These quality machines will further help in better service delivery by reducing the payment receipt time and try to maintain better connectivity services, especially in the days of payment.

Biometric based Fingerprint Verification System for ATM machines

In this modern world, almost everyone uses ATM machines which allow people to transfer and withdraw cash. This study is based on executing a fingerprint method in the ATM System. We chose this field to improve safety and security for people to make the transaction easier. The fingerprints are unique for each person. There is no insecurity of losing an ATM card and no requirement to carry an ATM card with you every time. On comparison of different technologies for ATM security, the fingerprint technology operates better and safer than others. These reasons make this mechanism an effortless and secure way of transaction and also maintains a coherent ambience with users and ATM machines. This is the most latest technology in electronic cash transactions.

The Impact of Transformation of Social Assistance on Financial Inclusion and Welfare of Beneficiary Families

This study is based on the transformation of the distribution of cash social assistance into non-cash in the City of Tegal. The non-cash distribution is by using a banking account that has a combo card facility, which is a multi-function card that can be used as an ATM card as well as disbursement of social assistance. There is a slice of the objectives of the non-cash transaction referred to as an alternative to accelerate the increase in financial inclusion of the Indonesian population as stated in the National Strategy for Financial Inclusion with the financial inclusion index indicator. This study aims to determine the impact of the transformation of the distribution of social assistance on financial inclusion in Tegal City and the welfare of beneficiary families (KPM). Primary data were collected from questionnaires that have been filled in by KPM and secondary data were obtained from the Central Bureau of Statistics and the Representative Office of Bank Indonesia Tegal. The analytical tool used is a quantitative approach to KPM's response to the distribution of non-cash social assistance. As supporting data, in the problem of financial inclusion, analysis tools are used by qualitatively comparing financial inclusion that is generated as a result of the implementation of the distribution of non-cash social assistance to existing financial inclusion. The analysis shows that the acceptance and perception of KPM supports the transformation of non-cash social assistance distribution, this is supported by KPM's interest in using combo cards as a means of saving. On the other hand, the transformation of the distribution of social assistance to non-cash contributes to financial inclusion in the city of Tegal, namely the Agent Laku Pandai (LKD) contributing 75.20% to banking financial services in Tegal City. From the 4 Welfare Indicator Classifications, it is found that the welfare of KPM has experienced changes in welfare after receiving non-cash social assistance and has improved the welfare of the beneficiary community (KPM).Keywords : Non-Cash Social Assistance, PKH, BPNT

Upgrading ATM Security Using Finger Vein Authentication and Anti Theft Module

Since crimes pertaining to ATMs have been increasing in recent times, there is a crying need to look into the issue. There have been various systems to prevent the misuse of ATM cards or breaking open the ATM machine but there is a lack of a single system to secure the whole ATM from both physical and logical attacks. This paper proposes a two-module system that contains an RFID and finger-vein authentication module as an alternative to the conventional ATM cards and a Raspberry Pi module for continuous monitoring and automated control when the security of the ATM is at risk. This two-factor authentication and a real-time monitoring system provide better security than the previous techniques which make use of biometric authentication such as fingerprint and face recognition or CCTV cameras.

A Study on Women’s Perception towards Usage of ATM Cards in Madurai City

Women are the major source of economic development in countries like India, now a day’s women are financially independent and equally earnable in family, society has also accepted the changes as well, at the same banking becomes digitalized every individual prefers to use plastic cards instead of cash for the transaction and shopping. ATM card is a basic instrument that helps to withdraw money and deposit money in the bank account. Every banking company offers free ATM that is debit /credit card services to their customer; the objective of the study is to find the usage perception towards women and find the purpose of using ATM cards in their day to day life. The sample size of the study is 40, SPSS 22 software is used to analyze data collected., the hypothesis of the study is valued with the help of One Way ANOVA.

Predicting the Growth of e-Commerce using Trendline Analysis: A Case Study of Ogun State, Nigeria

There is a growing interest from e-commerce planners and other planning agencies in the Information Technology world to measure and forecast the growth of e-commerce in developing countries like Nigeria. The difficulties lie in finding the best forecasting model that can incorporate both the internal and external barriers that influence the full adoption and diffusion of e-commerce. This study attempts to identify the relevant e-commerce tools and its spread in Ogun East Senatorial District as well as formulating a mathematical model for e-commerce adoption and diffusion. A well-structured questionnaire was used to collect data from 126 respondents and analyzed using Trendline, a built-in analysis tool in Microsoft® Office Excel version 2013. The study identified PCs/laptops, ATM cards, e-mail services, mobile money transfer, e-commerce Websites, and point-of-sales (POS) terminals as e-commerce tools used by the respondents. The results of the study show that majority of the e-commerce users/adopters were single female students between the ages of 21 and 30 years, with university education owing to a proportion of 63% of the respondents while the earliest adopted e-commerce tools in descending order were tablets/smartphones, PCs/laptops, ATM cards, and email services. The results further show that the most popularly-used tools were e-commerce websites (98% responses), email services (94% responses), mobile money transfer (94% responses), POS terminals (94% responses), tablets/smartphones (93% responses), PCs/laptops (87% responses) and ATM cards (80% responses). Based on the findings of this study, it is therefore recommended that government should promote the use and development of e-commerce, notably by reducing the costs of access to technology, through the liberation of trade in software and hardware.

The impact of using financial technology on positive financial behaviors

This study uses 2013 Survey of Consumer Finances data to explore the impact of financial tech- nologies on households’ positive financial behaviors. After controlling for variables on general capi- tals, financial literacy capitals, and financial resources, we find that only planning technologies (e.g., direct deposit and computer software) are positively related to households’ engagement in positive financial behaviors. In contrast, the impact of transaction technologies (e.g., using ATM card, credit card, phone banking, and computer banking) is negative. Policymakers and financial service pro- viders should assist consumers with better financial tools and help them manage financial resources and behaviors.

Peranan Tabungan Terhadap Kartu Atm Pada PT. Bank of India Indonesia Tbk

ATM is one of the bank services that can automatically serve customers in making transactions. ATMs play an important role in creating and encouraging customer interest in savings products with the aim that the amount of savings funds increases.This study aims to determine and analyze the extent of the effect of savings on ATM cards. The variables studied were seen from the amount of savings with the number of ATM cards and from data taken from 2015 to 2019. The data collection methods used interviews and literature study.The results of the study indicate that savings are very influential on ATM cards, because if you want to have an ATM card you have to open or have a savings account first. From this research it can be concluded that savings from time to time continue to increase, as well as ATM cards from time to time have also increased. Savings have a positive influence on ATM cards at PT. Bank of India Indonesia Tbk and have a mutually supporting relationship.

Kradzież tzw. plastikowego pieniądza – rozważania nad pojęciem karty płatniczej i jej kradzieżą

The subject of considerations made in this article are related issues with the concept of a payment card and the legal qualification of its theft, depending on whether it is a payment card or an ATM card. After analyzing the literature and jurisprudence, the author comes to the conclusion that only the theft of an ATM card should be qualified as an offense under Art. 278 § 5 of the Criminal Code. On the other hand, the theft of a card with a payment function, depending on the value of the executive object, may constitute theft under Art. 278 § 1 of the Criminal Code (if the value of the executive subject exceeds PLN 500) or offenses under Art. 119 § 1 of the Petty Offenses Code (if the value of the executive subject does not exceed PLN 500). In conclusion, the author also points out that in a situation where a card with a payment function has been stolen, the value of the subject of the theft is the entire amount of money on the owner's account at the time of the theft.

Any Where Vote: ATM as Evm

The Election Commission has been using them anual system during elections to vote in the digitization of this modern age. In all Elections (Presidential\\Parliamentary), electronic voting machines (EVMs) are be introduced, although they are not fully automated and have many limitations. And Moreover, every election is decided by those who show up.The main idea is to build a system that modifies the ATM’s (Automated Teller Machine) system to work as EVM (Electronic Voting Machine) during the elections dates. This will allow to facilitate the election process for any voter in India to cast the vote to their respective constituency from anywhere in India by going to the nearest ATM in his/her location. When the voter inserts his/her ATM card, a voting option will be enabled for casting the vote. When the voter selects the voting option, they have to pass through a 2-level authentication procedure.. Then, the user is allowed to cast his vote by selecting a political candidate from a list of political parties of that constituency. Again, authentication will be asked before casting vote. Whenitiscompletedthecount in that unique hash value is incremented and the voting access to the user will be disabled for the particular voter.All votes are stored directly in the Electoral Commission main database. Kerberos Authentication Server and Voting Card Database is used for voting and authentication process.

FACE RECOGNITION TECHNIQUE FOR ATM SECURITY

In the recent decades the people are depending more on ATM machines for getting instant cash in anytime and anywhere. In related to these ATM machines are installing in every part of the country. As the ATM machines are growing, providing security level for ATM machines is the challenging factor. In the present days, ATM systems uses access card and PIN for identity verification. The technology advancement has bought different biometric identification technique like finger print, facial recognition and retina scanning. But still the security level is not compromising to customers. This model proposes a concept of providing two level security system in order to reduce the frauds like hacking of ATM cards, PIN stolen, Phishing attack etc., In this model Crypto-biometric system is adopted where biometric and cryptography are combined to achieve high security. Between face features and pairs of random vectors given by user, the two dimensional quantization of distance vectors process is used [1]. The cryptographic key generated is of 128 bits it is difficult for hacking. The merging of face features and random vectors are done by using MATLAB.

Effect of Information Communication and Technology (ICT) on the Performance of Financial Institutions in Ghana; A Case of Barclays Bank Ghana Limited, Sunyani Branch

The study sought to examine the contribution of Information and Communication Technology (ICT) on performance of banks in terms of service delivery in financial institutions in Ghana. The high competition in the Ghanaian banking industry has forced rapid changes as a result of technological innovation, increased awareness and demands from customers. The study adopted both exploratory and descriptive research design. Qualitative research method was used in collecting data and data was analyzed qualitatively. The main instrument for collecting data was the structured questionnaire. A sample size of 50 respondents consisting of 8 staff members and 48 customers of Barclays Bank was used for the study. A structured questionnaire was the main data collection instrument. The purposive and systematic sampling techniques were used to obtain the required sample size. The main tool which was used for the data analysis was Statistical Package for Social Sciences. Frequencies and percentages were used to present the data in a tabular form. The limitation affecting the study was time and financial constraints. The study revealed that ICT has an appreciable positive effect on performance due to improved customer service delivery. This affects the growth of Barclays Bank. ATM service flaws such as withdrawal discrepancies, issuance of faulty cards and long time for applied ATM cards to arrive deter most customers from accessing the service. Following from this study, it is recommended, Barclays Bank enhances the performance of their ATMs and their networks to increase customers satisfaction.

Penyelesaian Sengketa Akibat Skimming pada Sektor Perbankan

This research has purposed to discover the legal protection for a customers which is using ATM card in Indonesia banking systems and to discover the dispute resolution against skimming system in banking sector. This research used normative research method. The conclusion from this study that is the legal protection for customers who is using ATM cards is based Act Number 8 of 1999 concerning Customer Protections and Act Number 21 of 1999 concerning Financial Services Authority especially on The regulation of Financial Services Authority Number 1/POJK.07/2013 concerning Customers Legal Protection on Financial Services. The dispute resolutions for skimming system problems can be resolved by litigation and non litigation.

Security Enhancement of an Automated Teller Machine Using Fingerprint and Password

This paper focuses on how to enhanced security of Transactions in Automatic Teller Machine system using a multi-factor authentication system (Password and Fingerprint). In order to achieve security and to overcome illegal activities, shortcoming of piracy in money transactions, we propose the idea of using fingerprints of customers and password instead of traditional use of PIN number. After authorized verification, the customer will be able to proceed for transaction else after four successive wrong attempts, the ATM card will be ejected automatically and a message will be sent to the registered mobile number. The proposed system is developed to provide better security to the ATMs. Keywords— ATM, Fingerprint, PIN, Biometric.

Factors Affecting Online Payment Method Decision Behavior of Consumers in Vietnam

E-commerce development led to the explosion of online payment. Consumers have many choices when deciding on the online payment method for each transaction. Using a combination of both qualitative and quantitative methods with the help of SPSS AMOS version 22.0, the article explores the factors that influence consumers' online payment method decision behavior in Vietnam. Research results show that awareness of usefulness, awareness of risk, awareness of trust, awareness ease of use, product uncertainly perception and perceived behavioral control have effects on the behavior of deciding on online payment methods. Awareness of risk has the strongest negative impact on online payment method decision behavior and awareness of usefulness has the strongest positive impact on online payment method decision behavior. Based on these important results, the article proposes a number of implications: (i) continuing to invest and upgrade modern technology to ensure customer information absolutely confidential; (ii) converting all ATM cards on the market to EMV chip standard card technology; (iii) improving service activities, quickly handle things to create confidence for customers; (iv) credit institutions operating in the field of online payment linked to e-commerce sites, supermarkets, convenience stores, restaurants must ask partners to increase transparency for the products.

Geofencing based Banking Authentication System: A Fraud Mitigation Technique

In today’s world of digitization, online electronic payment systems, and banking authentication havean important role in everyone’s life. Banks use different ways of authentication at a different level tomaintain the security of the hard-earned money. The security issues in the e-payment system, ATM,websites that store data or details of the cardholders lead to frauds, In ATM and POS transactionsonly card and PIN is been used and there is no other way of authentication. Researches purposeddifferent methods such as Biometric methods which are hard to implement in the current scenario.There is no other authentication method in ATM and POS machine to authorize the user. In ourpurposed solution user will have his phone as an authentication device and we will get his locationstored on a regular base and will only be able to make transactions when both the devices(Phone andATM/POS)are in the same location this is called geofencing. This will help to track unauthorizedaccess and will get the alert event when someone tries to access the account. It will help the investigationagency in case of fraud.