The assignment details the Collin's ATM system, which aims to provide customers with easier access, simpler mode of operation, and strict security surveillance inside the ATM premises. The system includes a card reader, keypad, cash dispenser, printer, and slot for depositing cash. It also features biometric palm print recognition and transaction confirmation systems to enhance security. However, potential risks such as hacking, theft of user accounts, and system failure due to adverse climatic conditions are discussed. The assignment requires resources such as infrastructure, management team, software developers, hardware developers, sufficient land plots for setting up ATM booths, and a security monitoring system.
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