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Automated cash handling and Automated teller machine

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Automated cash handling and Automated teller machine

Automated cash handling vs. Automated teller machine

Automated cash handling is the process of dispensing, counting and tracking cash in a bank, retail, check cashing, payday loan / advance, casino or other business environment through specially designed hardware and software for the purposes of loss prevention, theft deterrence and reducing management time for oversight of cash drawer (till) operations. An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

Similarities between Automated cash handling and Automated teller machine

Automated cash handling and Automated teller machine have 6 things in common (in Unionpedia): Banknote, Banknote counter, Cash, Currency detector, Intelligent banknote neutralisation system, Teller assist unit.

Banknote

A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable promissory note, made by a bank, payable to the bearer on demand.

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Banknote counter

A banknote counter (or bill counter) is a device designed primarily to accurately count a quantity of banknotes.

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Cash

In economics, cash is money in the physical form of currency, such as banknotes and coins.

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Currency detector

A currency detector or currency validator is a device that determines whether notes or coins are genuine or counterfeit.

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Intelligent banknote neutralisation system

An intelligent banknote neutralisation system (IBNS) is a security system which protects valuables against unauthorised access to its contents by rendering it unusable by marking all the cash as stolen by a degradation agent when an attempted attack on the system is detected.

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Teller assist unit

Teller assist units (TAU), also known as automatic teller safes (ATS) or teller cash dispensers (TCD), are devices used in retail banking for the disbursement of money at a bank teller wicket or a centralized area.

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The list above answers the following questions

Automated cash handling and Automated teller machine Comparison

Automated cash handling has 11 relations, while Automated teller machine has 243. As they have in common 6, the Jaccard index is 2.36% = 6 / (11 + 243).

References

This article shows the relationship between Automated cash handling and Automated teller machine. To access each article from which the information was extracted, please visit:

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