International Peer-Reviewed JournalOpen AccessISSN 2456-8880
irejournals@gmail.com+91-7433024337

Home / Current Issue / Paper 1702471

1702471 Vol 4 · Issue 3 Download Paper

Wireless Data Synchronization for Secured Money Transaction Using Multi Account Embedded ATM Card

Surendranath H Megha Sushmitha Vidya Shiekh Natasha Sumeen

Subject area: Science,Engineering and Technology  ·  Area of research: Electronics and Communication Engineering

Abstract

Automated Teller Machine (ATM) services are more popular because of their flexibility and easiness for banking systems. People are widely using their ATM cards for immediate money transfer, cash withdrawal, shopping etc. To provide high security we introduced fingerprint based customer authentication. The main objective of this project is to develop a single smart card ATM (Automated Teller Machine) for multiple bank accounts. It reduces the cost of inter banking transactions as interfacing different bank databases is a resource consuming thing. In this security system the non-authorized persons can enter by using this smart card (RFID) and GSM Module based OTP (One Time Password) and keypads. User module is the interactive module through which the user can log into the system and perform the transactions of the user?s choice. Though the proposed system provides the user a level higher convenience, efficient and user friendly.

References

[1] “Smart Card & Security Basics” - CardLogix, paper no.:710030 www.cardlogix.com

[2] “Smart card-based Identity Card and Survey”-White Paper JKCSH (Jan Kremer Consulting Services).

[3] Chip-and-PIN: Success and challenges in reducing Fraud from Federal Reserve Bank of Atlanta”-Douglas King, Jan 2012.

[4] “Examining Smart-Card Security under the Threat of Power Analysis Attacks”- Thomas S.Messaerges member IEEE, Ezzat A.Dabbish member IEEE, and Robert H.Sloan senior member IEEE vol.51, No. 5, MAY 2002.

[5] “Secure Internet Banking Application”-Alain Hiltgen, Thorsten Kramp.

[6] Fingerprint Verification Using Smart Cards for Access Contol Systems, Raul Sanchez-Reilllo, IEEE AESS Systems Magazine, September 2018

[7] “Benefits of Smart cards versus Magnetic Stripe Cards for Healthcare Application”-Smart card Alliance 2011.

[8] Katakam Swathi, Prof.M.Sudhakar “Multi Account Embedded ATM Card with Enhanced Security” IOSR Journal of Electronics and Communication Engineering IOSR Journal of Electronics and Communication Engineering, Volume 10, Issue 3, Ver. I (May-Jun.2015)

[9] Tahaseen Taj I S, Dr Suresh M B“AN EMBEDDED APPROACH: FOR HANDLING MULTIPLE ACCOUNTS WITH SMART ATM CARD” International Conference on Computer Science, Electronics & Electrical Engineering-2015

[10] Nair Vinu Uthaman, Pratiksha Shetty, Rashmi, Mr.Balapradeep K N “MAASC Multiple Account Access using Single ATM Card” International Journal of Science, Engineering and Technology Research (IJSETR), Volume 3, Issue 6, June 2014

[11] Youjung Ko, Insuk Hong, Hyunsoon Shin, Yoonjoong Kim“Development of HMM- based Snoring Recognition System for Web Services” 2016 IEEE

How to cite this paper

Surendranath H, Megha, Sushmitha, Vidya, Shiekh Natasha Sumeen "Wireless Data Synchronization for Secured Money Transaction Using Multi Account Embedded ATM Card" Iconic Research And Engineering Journals Volume 4 Issue 3 2020 Page 1-4
Surendranath H, Megha, Sushmitha, Vidya, Shiekh Natasha Sumeen "Wireless Data Synchronization for Secured Money Transaction Using Multi Account Embedded ATM Card" Iconic Research And Engineering Journals, vol. 4, no. 3, Sep. 2020
Surendranath H, Megha, Sushmitha, Vidya, Shiekh Natasha Sumeen (2020). Wireless Data Synchronization for Secured Money Transaction Using Multi Account Embedded ATM Card. Iconic Research And Engineering Journals, 4(3).
Surendranath H, Megha, Sushmitha, Vidya, Shiekh Natasha Sumeen "Wireless Data Synchronization for Secured Money Transaction Using Multi Account Embedded ATM Card" Iconic Research And Engineering Journals, vol. 4, no. 3, Sep. 2020.
@article{1702471,
      author = {Surendranath H, Megha, Sushmitha, Vidya, Shiekh Natasha Sumeen},
      title = {Wireless Data Synchronization for Secured Money Transaction Using Multi Account Embedded ATM Card},
      journal = {Iconic Research And Engineering Journals},
      year = {2020},
      volume = {4},
      number = {3},
      pages = {1-4},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1702471.pdf},
      abstract = {Automated Teller Machine (ATM) services are more popular because of their flexibility and easiness for banking systems. People are widely using their ATM cards for immediate money transfer, cash withdrawal, shopping etc. To provide high security we introduced fingerprint based customer authentication. The main objective of this project is to develop a single smart card ATM (Automated Teller Machine) for multiple bank accounts. It reduces the cost of inter banking transactions as interfacing different bank databases is a resource consuming thing.
In this security system the non-authorized persons can enter by using this smart card (RFID) and GSM Module based OTP (One Time Password) and keypads. User module is the interactive module through which the user can log into the system and perform the transactions of the user?s choice. Though the proposed system provides the user a level higher convenience, efficient and user friendly.},
      month = {September},
  }