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Showing posts with label ATM. Show all posts
Showing posts with label ATM. Show all posts

Saturday, February 8, 2014

NU6-2 - All in one Card

A1 Card - Terence Uygongco / AGSB-ILOILO

With the advent of credit card, debit card, loyalty card and ATM card, our wallet or purse gets bigger and bigger as we add up on those cards that are being given away.  The A1 Card is an All in 1 Card that can replicate your magnetic stripe and transfer the data into the memory of the A1 Card and there is a selector for the owner to choose which one he/she wants to use.  The card would be the same size as those credit card but this will have a memory inside.  The credit/debit/atm card should have a PIN where it can be entered into the A1 Card for it to work.  This will be the security feature so that cloning could be prevented.  Loyalty cards wouldn't need any PIN coz all they need is the number and it has no monetary value aside from the points in the system of the merchant. 3

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Tuesday, October 29, 2013

NU12 #8: Submitted by Ermel Retuta ATM Hazard Password

NU12 #8 – Protecting ourselves from Robbers

Submitted by Ermel Retuta 3.5
MBA – MM, SPENTREP


A Hazard Password
What if you have an ATM hazard password that you can use on instances like when you are being robbed. There are cases when the robbers will take you to an ATM booth and will ask you to withdraw money.
You can follow the instruction without putting yourself at risk and at the same time reporting the issue to the local police. If you use the hazard password it would automatically send a silent alarm to the nearest police station and inform them that a robbery is taking place.
The robbers won't have an idea as they would be able to take the money and they won't know if you use the real password or the hazard password.
If the police would be quick enough to respond, they would be able to track and intercept the robbers.