Chapter 6

TOPIC: 6.6,
B y : R i c h a , D e l i s h a ,
S h r e y a n , V e e r p r a k a s h

6.7, 6.10
 Banking Systems A u t o m a t i c Te l l e r
M a c h i n e s ( AT M ’ S )

Mainly Used For: How ATM’s are used

 Withdrawing Cash 1) Credit/Debit card is inserted with
 Depositing pin
2) Choose the required service
Cash/Cheques
3) Deposit a cheque
 Checking Account
4) Insert cheque in opened drawer
Balance 5) OCR will read out details
 Bill Pay 6) Customer Confirms transaction
 Money Transfer 7) Printed receipt is given and card
 Mini Bank Statement is returned if no other service is
required 02
 Pros & cons of
atm
PROS:
1. W i t h d r a w c a s h a t a n y t i m e
2. B a n k s e r v i c e s o f f e r e d w i t h o u t g o i n g
to bank
3. A c c o u n t c a n b e a c c e s s e d a n y t i m e
anywhere
4. P r o v i d e s q u i c k e r s e r v i c e a s c o m p a r e d
to banks

CONS:
5. C h a nces of theft
6. P o s s i b i l i t y of Shoulder Surfing/
C ard Cloning
7. T h e r e s a l i m
8. L o s s o
it for cash withdrawal
f Personal touch
03
Electronic fund
transfer (eft)
 EFT is a system that allow s instruction
of money transfer directly to the banks
computer
 Entire system relies on transfer of
funds online
 System transfers account from one to
another after receiv ing EFT
instructions

USES OF EFT
 To transfer salaries to staff members
 Credit/Debit card payments

03
PROS AND CONS
OF EFT
PROS
1. I t ’ s a secure and quick payment
method
2. L e s s e x p e n s i v e t h a n u s i n g c h e q u e s
3. C u s t o m e r c a n d i s p u t e E F T p a y m e n t f o r
up to 60 days

CONS
4. B a n k cannot resume a transaction
after money transfer
5. C u s t o m e r n e e d s t o h a v e f u n d s
available immediately
6. C a n n o t g u a r a n t e e t h e r e c e p i e n t

03
 Credit &
debit cards
 Many cards that contain chip or
magnetic strip are used as these
contain key information like PIN
 More reliable than signatures
 Paying for items using chips or PIN is
a form of EFT

09
PAYING AT A
RESTAURANT
Once PIN is entered machine
checks whether card is valid or
PIN entered is correct, if not
transaction is terminated
Restaurant bank contacts
customer bank, if not sufficient
funds then transaction is
cancelled
Transaction is authorized if
everything is correct
Money is deducted from
customer’s account
Receipt is generated
 Pros & cons of
credit/debit cards
and cheques
CREDIT CARDS
PROS: Customer protection if company stops trading
Internationally accepted method
Interest free loan if money is paid in time

CONS: High annual rates can be charged

Security risk when using online
Rasy to manage credit damage

09
 Pros & cons of
credit/debit cards
and cheques
DEBIT CARDS
PROS: Money comes from customers current account
so no interest charges
Safer than carrying lots of cash
Can transact online
C O N S : L e s s c u s t o m e r p r o t e c ti o n a s c o m p a r e d t o
credit cards
Security risks when using online

09
 Pros & cons of
credit/debit cards
and cheques
CHEQUES
U S E S : T h e o l d e s t w a y o f p e r f o r m i n g t r a n s a c ti o n s
R e l a ti v e l y e x p e n s i v e , s l o w a n d l e s s s e c u r e

CONS: Cheques are no legal tender and can be

refused
Slow method as compared to card payment
More Expensive compared to card payment

09
Central clearing of
cheques
 Introduced in 2017 and used in many
banks
 Much quicker than previous methods
 Cheques cleared using image based
system to quicken the process
 O C R s o ft w a r e u s e d t o c r e a t e i m a g e

09
6.7:computer in
medicine
Computers are used in many
areas ofmedicine like:
 K e e p i n g p a ti e n t r e c o r d s
 Use of 3D printers in many areas od
surgery and customized in medicines

Patient and pharmacy

records
 P a ti e n t r e c o r d s n e e d t o b e k e p t a c c u r a t e
and up to date for correct treatment
 Database allows quick and easy search for
p a ti e n t r e c o r d s

07
Use of 3d printers
 O n e o f t h e m o s t i n n o v a ti v e u s e s f o r
s u r g i c a l a n d d i a g n o s ti c a i d
 Possible to print out atomical parts

Patient is scanned using

 C om pu te d Tom ogra p h y (CT) involves
producing images of internal organsof the
body
 M a g n e ti c R e s o n a n c e Imaging(MRI)
 Can be used for diag n o s ti c p r e s u r g i c a l
aids

07
 Prosthetics
 3D printers can print False arms, Hands,
Legs
 Reduces long term cost
 S ti l l m u c h r e s e a r c h i s n e e d e d b u t t h e r e i s
a l o t o f p o t e n ti a l

Tissue engineering
 3 D p r i n ti n g o f b i o c o m p a ti b l e m a t e r i a l s
cells and structure, which enables
p r o d u c ti o n o f a r ti fi c i a l c e l l s a n d ti s s u e s
 It ’s a very complex process which requires
input from medical professionals

07
ARTIFICIAL BLOOD VESSELS
 Type of tissue engineering where in using 3D
printing of blood vessels using human cells
 These tissues work much in the same way as
original blood vessels

Customised medicines
 3D printing techniques can be used to customize
medicines according to the patients needs
 This is also known as patient- centric medicines
 These medicines are reffered to as “Printlets”
(Printed Tablets
 These medicines are pretty potent

07
ADVANTAGE OF THIS
TECHNOLOGY
 Tailor made medicines to suit indivisual

 Better control of medicine doseage

 Saves money

 Less chance of overdose

 By supplying proper materials it would then be possible

to print customized medicine for each patient

07
 RECOGNITION
SYSTEMS
OPTICAL MARK RECOGNITION
USES: Paper based registers are often scanned into
computer using OMR
Multiple choice forms can be scanned using OMR

PROS: Fast way of inputting results of a survey

with no human interaction involved
More accurate than OCR methods or typing data

CONS: The forms

need to be carefully designed for
data input
Often work with only black pen or pencil
Might require re-checking if not scanned properly
(time consuming) 06
 RECOGNITION
 SYSTEMS
Optical character recognition (ocr)
 Used to read number plate of cars
A sensor detects vehicle and sends signal to
camera to capture an image
 A n algorithm is used to locate and isolate the
number plate
 Each character is then recognized using OCR
software
 C haracters are converted into a string of text
which is then stored on a database
 After which motorist is issued with a ticket
 Th e ticket has to be inserted into a machine for
the car park charges
06
 RECOGNITION
 Can be
SYSTEMS
A N P R ( A U T O M AT E D N U m B E R P L AT E R E C O G N I T I O N

used to
SYSTEM)
PROS
automatically monitor averag e speed
of vehicles
 No need to employ security guards saving money
 Much faster system than having to check a ticket
at exit
CONS
 Lack of manned security surveillance can l ead to
crimes like vandalism
 Invasion of privacy issues
 Damaged of dirty number plates may not be
recognised 06
 RECOGNITION
SYSTEMS
R a d i o f r e q u e n c y i d e n t i fi c a t i o n d e v i c e s ( R F I D )
Uses: Tracking of stock, Passport, Automobile,
Contactless Payment

PROS: No line of sight contact is necessary

Reduce the number of staff needed
Fast reading speeds along with bulk detection

CONS: Signal interference

Radio waves easily jam or get interrupted
Relatively easy to hack

06
 RECOGNITION
Tr a c k i n g o f l i v e s t o c k u s i n g r fi d
lps
ep
farmers
account
SYSTEMS
to
of
keep track of whereabouts of
information on the tag like:
medical history ect
their livesto
DOB of animal

U s e o f r fi d i n r e t a i l
Similar to
barcodes but do not require scanning, data is
automatically read at checkout
eral tags can be read at once during fast check out proce
 Automatic tracking of items to easily navigate them

U s e o f r fi d i n v e h i c l e s
 To allow or deny access to park cars in private areas
sed in delivery vans or lorries to make sure they aren’t
carrying much weight 06
 RECOGNITION
N e a r fi e l d c o m m u n i c a t i o n ( n f c )
Uses:
SYSTEMS
This technology is used when two people in close
proximity would want to make a payment using different
ways as follows:

Peer to peer mode: Allows info to be shared with each

ther like contacts, photographs etc.. Both devices must
be active and in close proximity

ead/write mode: This is one way transmission of data,

his is used when an active tag is sending advertisements
to other devices

Card emulation mode: In this NFC functions as a

ntactless card which allows it to make payments. For eg: 06
Metro Stations
 RECOGNITION
BIOMETRIC SYSTEMS

SYSTEMS These consist of:

1. F a c e R e c o g n i t i o n
2. I r i s / R e t i n a r e c o g n i t i o n
3. F i n g e r r e c o g n i t i o n
4. H a n d r e c o g n i t i o n
5. V o i c e r e c o g n i t i o n
Retina
 Light sensitive area at back of the eye that has a
unique pattern of blood vessels, which cannot be seen
without specialized equipment
 Equipment is used to take infrared photos of retina
 Quite invasive, slower to verify
 Only used in high security settings
iris recognition 06
 Coloured part of eye surrounding pupil
STUDIO SHODWE

PROPOSED
SOLUTION
Our proposed solution centers around the development of a
telemedicine platform integrated with AI-driven diagnostic
tools. By leveraging telemedicine technology, patients in rural
areas can remotely access consultations with specialists,
reducing the need for travel and improving access to care.
Additionally, AI-driven diagnostic tools will enhance the
accuracy and efficiency of medical diagnoses, enabling earlier
intervention and improved patient outcomes.

05
KEY
STUDIO SHODWE

MILESTONE
S
The project timeline is divided into key milestones, including
platform design, development, testing, and deployment. Each
milestone represents a significant achievement or phase of
the project, with specific deliverables and deadlines. Clear
milestones provide visibility into project progress and
facilitate effective communication and decision-making
among project stakeholders.

08
 get in touch
STUDIO SHODWE

with us
+123-456-7890 [email protected] www.reallygreatsite.com