A Simulation Model for Cardless Automated Teller Machine Transactions

Volume 6 Issue 2 April - June 2018

Research Paper

A Simulation Model for Cardless Automated Teller Machine Transactions

O. S. Adewale*, J. O. Mebawondu**, O. J. Mebawondu***, M. N. Suleiman****

* Professor, Department of Computer Science, School of Computing, Federal University of Technology (FUTA), Akure, Nigeria.

** Principal and Lecturer, Federal Polytechnic, Nasarawa, Nasarawa State, Nigeria.

*** Senior Lecturer, Department of Computer Science, School of Information Technology, Federal Polytechnic, Nasarawa State, Nigeria.

**** Lecturer, Federal Polytechnic, Nasarawa, Nasarawa State, Nigeria.

Adewale, O. S., Mebawondu, J. O., Suleimano, M. N., & Mebawondu, J. (2018). A Simulation Model For Cardless Automated Teller Machine Transactions. i-manager's Journal on Digital Signal Processing, 6(2), 1-8. https://doi.org/10.26634/jdp.6.2.15588

Abstract

Cardless automated teller machine (CATM) is an electronic gadget that empowers the bank’s clients to perform monetary transactions such as dispensing cash to their clients, pay bills and transfer of money. The customary approach of an ATM utilizes the use of debit card for its transactions have its limitation. The challenges in utilizing such system are extortion, security and high probability of users forgetting their passwords. In this work, we propose a straightforward paradigm called CATM. The proposed CATM model used a five tuple finite machine. In the proposed platform a thumb print (Biometric) framework is utilized. The platform will improve services to clients, also secure, effective and efficient systems will be achieved.