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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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Archived from the original on 4 December Retrieved 23 January Archived from the original on 27 July Retrieved 2 November Love words? First Known Use of cashpoint , in the meaning defined above.

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Cashpoints are not terribly good early warning systems if pensioners fail to collect their pensions. The currencies will not be converted in time, the cashpoints will run out of money, it will descend into chaos and the economies simply won't work.

Translations of cashpoint in Chinese Traditional. Need a translator? Translator tool. What is the pronunciation of cashpoint? Browse cashing.

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