NEWS & ADVICE : CREDIT CARDS
New intelligent ATMs to be introduced to prevent the ATM frauds
By Ankit Sharma
Jan 15, 2015
Print    Email    RSS   

Recently it has been reported that due to the increase the ATM frauds a Chennai based company has planned to launch a new type of intelligent ATMs. These new ATMs will deliver non fatal electronic shocks to miscreants looking to steal money.

Further enhancing the security there is also the provision to shut down the shutter of the Kiosk automatically. In addition to the ATMs are also equipped with a panic button that they can use in case one is forced to withdraw the cash from the ATM. This will alert the nearest police station of the area.

These ATMs will help the bank by enhancing the security as well will save the cost incurred in deploying the guards for the security. These new ATMs are compact, and don’t require much space for installation. This could help bring down rental expenses.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Know the Reasons for Rejection of a Credit...
RBI Dy. Governor rejects the possibility...
An insight into two wheeler insurance
Effect of employment on loan eligibility...
Rupeetimes guide to different types of...


How to change PIN number of my credit card
what is my credit card statement
i forgot my ATM pin number i could i get it again
how to improve my CIBIL score???

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive