Search results
Results From The WOW.Com Content Network
An automated teller machine ( ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
OLTP has also been used to refer to processing in which the system responds immediately to user requests. An automated teller machine (ATM) for a bank is an example of a commercial transaction processing application. Online transaction processing applications have high throughput and are insert- or update-intensive in database management.
System context diagram. Example of a system context diagram. [1] A system context diagram in engineering is a diagram that defines the boundary between the system, or part of a system, and its environment, showing the entities that interact with it. [2] This diagram is a high level view of a system. It is similar to a block diagram .
BASE24-pos is a data integrity support application. It is supported by HP NonStop servers. It has a Stored Value Module component that provides online issuance and validation of stored-value card data. It also has an ACI Commerce Gateway component which serves as a firewall between internal servers and the Internet or other payment networks.
A system architecture primarily concentrates on the internal interfaces among the system's components or subsystems, and on the interface (s) between the system and its external environment, especially the user. (In the specific case of computer systems, this latter, special, interface is known as the computer human interface, AKA human ...
Asynchronous Transfer Mode ( ATM) is a telecommunications standard defined by the American National Standards Institute and ITU-T (formerly CCITT) for digital transmission of multiple types of traffic. ATM was developed to meet the needs of the Broadband Integrated Services Digital Network as defined in the late 1980s, [1] and designed to ...
Teller system. A teller system is the integrated hardware and software used for retail or wholesale banking transactions, most systems communicate with a core banking system or mainframe over a secured network. The hardware may include a computer or terminal, Cash Drawers, Receipt and Passbook Validator/Printers, magnetic strip readers, pin ...
Core banking applications are often one of the largest single expenses for banks and legacy software is a major issue in terms of allocating resources. Spending on these systems is based on a combination of service-oriented architecture and supporting technologies. Many banks implement custom applications for core banking.