Automated teller machines (ATMs)
Order ID 53003233773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages
Automated teller machines (ATMs)
One of the major benefits of ATMs is that they allow customers to access their funds quickly and easily. For example, a customer can withdraw cash from an ATM without
having to wait for a teller to count out the money. Similarly, depositing money into an account can be done without having to wait for a teller to process the deposit.
ATMs also offer additional services such as balance inquiries, account transfers, and even the ability to pay bills. These services are typically available to customers with a debit or credit card, and a personal identification number (PIN). This added convenience makes it easy for customers to manage their accounts and stay on top of their finances.
In addition to these benefits, ATMs also offer security features such as cameras, alarms, and security guards to deter theft and fraud. Additionally, most ATMs have a limit on the amount of cash that can be withdrawn per transaction, which helps to prevent large-scale theft.
The use of ATMs has been increased in the recent past with the integration of new technologies like contactless payments, Biometric authentication and video teller. The contactless payments allow customers to make transactions using a contactless card or mobile device, without having to insert their card into the machine. Biometric authentication uses fingerprints, facial recognition or iris scans to verify the customer’s identity, instead of a PIN. The video teller allows customers to interact with a bank representative via video conference, which is useful for customers who need assistance with more complex transactions.
In conclusion, ATMs are a convenient and secure way for customers to access their money and manage their accounts. With the integration of new technologies, their use and services have been expanded and have become an integral part of modern banking. They have allowed consumers to access their money at any time, without having to wait for bank hours or wait in line, which has made banking more efficient and easier for customers.
Automated teller machines (ATMs)
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. 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The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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