IBM 3624
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IBM 3624
The IBM 3624 was released in 1978 as a second-generation automatic teller machine (ATM), a successor to the IBM 3614. Designed at the IBM Los Gatos lab, the IBM 3624, along with the later IBM 4732 model, was manufactured at IBM facilities in Charlotte, North Carolina and Havant, England until all operations were sold to Diebold, tied to the formation of the InterBold partnership between IBM and Diebold. Comparable ATM units marketed by other companies at the time were the Diebold TABS 9000 and NCR 5xxx. Versions and features The 3624 was marketed in eight different versions. The 3624 Version 8 incorporated use of a six-row by forty-column dot-matrix customer display, four line by 34 character statement / journal printer, labeled function / account keys, one to two currency cartridges and an optional depository. Earlier models, such as the Version 2, featured a smaller two-line display. Unusual by today's standards, the customer's ATM card was inserted with the magnetic stripe ...
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Computerworld
''Computerworld'' (abbreviated as CW) is an ongoing decades old professional publication which in 2014 "went digital." Its audience is information technology (IT) and business technology professionals, and is available via a publication website and as a digital magazine. As a printed weekly during the 1970s and into the 1980s, ''Computerworld'' was the leading trade publication in the data processing industry. Indeed, based on circulation and revenue it was one of the most successful trade publications in any industry. Later in the 1980s it began to lose its dominant position. It is published in many countries around the world under the same or similar names. Each country's version of ''Computerworld'' includes original content and is managed independently. The parent company of Computerworld US is IDG Communications. History The first issue was published in 1967. Going international The company IDG offers the brand "Computerworld" in 47 countries worldwide, the name and fre ...
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Data Encryption Standard
The Data Encryption Standard (DES ) is a symmetric-key algorithm for the encryption of digital data. Although its short key length of 56 bits makes it too insecure for modern applications, it has been highly influential in the advancement of cryptography. Developed in the early 1970s at IBM and based on an earlier design by Horst Feistel, the algorithm was submitted to the National Bureau of Standards (NBS) following the agency's invitation to propose a candidate for the protection of sensitive, unclassified electronic government data. In 1976, after consultation with the National Security Agency (NSA), the NBS selected a slightly modified version (strengthened against differential cryptanalysis, but weakened against brute-force attacks), which was published as an official Federal Information Processing Standard (FIPS) for the United States in 1977. The publication of an NSA-approved encryption standard led to its quick international adoption and widespread academic scrutiny. ...
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Personal Identification Number
A personal identification number (PIN), or sometimes redundantly a PIN number or PIN code, is a numeric (sometimes alpha-numeric) passcode used in the process of authenticating a user accessing a system. The PIN has been the key to facilitating the private data exchange between different data-processing centers in computer networks for financial institutions, governments, and enterprises. PINs may be used to authenticate banking systems with cardholders, governments with citizens, enterprises with employees, and computers with users, among other uses. In common usage, PINs are used in ATM or POS transactions, secure access control (e.g. computer access, door access, car access), internet transactions, or to log into a restricted website. History The PIN originated with the introduction of the automated teller machine (ATM) in 1967, as an efficient way for banks to dispense cash to their customers. The first ATM system was that of Barclays in London, in 1967; it accepted ch ...
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Backward Compatibility
Backward compatibility (sometimes known as backwards compatibility) is a property of an operating system, product, or technology that allows for interoperability with an older legacy system, or with input designed for such a system, especially in telecommunications and computing. Modifying a system in a way that does not allow backward compatibility is sometimes called " breaking" backward compatibility. A complementary concept is forward compatibility. A design that is forward-compatible usually has a roadmap for compatibility with future standards and products. A related term from programming jargon is hysterical reasons or hysterical raisins (near-homophones for "historical reasons"), as the purpose of some software features may be solely to support older hardware or software versions. Usage In hardware A simple example of both backward and forward compatibility is the introduction of FM radio in stereo. FM radio was initially mono, with only one audio channel represented ...
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Systems Network Architecture
Systems Network Architecture (SNA) is IBM's proprietary networking architecture, created in 1974. It is a complete protocol stack for interconnecting computers and their resources. SNA describes formats and protocols but, in itself, is not a piece of software. The implementation of SNA takes the form of various communications packages, most notably Virtual Telecommunications Access Method (VTAM), the mainframe software package for SNA communications. History SNA was made public as part of IBM's "Advanced Function for Communications" announcement in September, 1974, which included the implementation of the SNA/SDLC (Synchronous Data Link Control) protocols on new communications products: *IBM 3767 communication terminal (printer) *IBM 3770 data communication system They were supported by IBM 3704/3705 communication controllers and their Network Control Program (NCP), and by System/370 and their VTAM and other software such as CICS and IMS. This announcement was followed by an ...
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Bank Vault
A bank vault is a secure space where money, valuables, records, and documents are stored. It is intended to protect their contents from theft, unauthorized use, fire, natural disasters, and other threats, much like a safe. Unlike safes, vaults are an integral part of the building within which they are built, using armored walls and a tightly fashioned door closed with a complex lock. Historically, strongrooms were built in the basements of banks where the ceilings were vaulted, hence the name. Modern bank vaults typically contain many safe deposit boxes, as well as places for teller cash drawers and other valuable assets of the bank or its customers. They are also common in other buildings where valuables are kept such as post offices, grand hotels, rare book libraries and certain government ministries. Vault technology developed in a type of arms race with bank robbers. As burglars came up with new ways to break into vaults, vault makers found new ways to foil them. Modern vau ...
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Back Office
A back office in most corporations is where work that supports ''front office'' work is done. The front office is the "face" of the company and is all the resources of the company that are used to make sales and interact with customers and clients. The back office is all the resources of the company that are devoted to actually producing a product or service such as data entry, payroll, accounting and all the other labor that is not seen by customers, such as administration or logistics. Broadly speaking, back office work includes roles that affect the costs side of a business's trading statement and front office work includes roles that affect the income side of a business's trading statement. Although the operations of a back office are seldom prominent, they are a major contributor to a business's success. They can include functions such as accounting, planning, inventory management, supply-chain management, human resources and logistics. Back offices are often located somew ...
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ATM Card
An ATM card is a payment card or dedicated payment card issued by a financial institution (i.e. a bank) which enables a customer to access their financial accounts via its and others' automated teller machines (ATMs) and to make approved point of purchase retail transactions (i.e. gas stations, grocery, hardware, department stores, etc.) ATM cards are not credit cards or debit cards. ATM cards are payment card size and style plastic cards with a magnetic stripe and/or a plastic smart card with a chip that contains a unique card number and some security information such as an expiration date or CVVC (CVV). ATM cards are known by a variety of names such as bank card, MAC (money access card), client card, key card or cash card, among others. Other payment cards, such as debit cards and credit cards can also function as ATM cards. Charge and proprietary cards cannot be used as ATM cards. The use of a credit card to withdraw cash at an ATM is treated differently to a point of sale ...
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NCR Corporation
NCR Corporation, previously known as National Cash Register, is an American software, consulting and technology company providing several professional services and electronic products. It manufactures self-service kiosks, point-of-sale terminals, automated teller machines, cheque processing systems, and barcode scanners. NCR was founded in Dayton, Ohio, in 1884 and acquired by AT&T in 1991. A restructuring of AT&T in 1996 led to NCR's re-establishment on 1 January 1997, as a separate company and involved the spin-off of Lucent Technologies from AT&T. In June 2009 the company sold most of the Dayton properties and moved its headquarters to the Atlanta metropolitan area in unincorporated Gwinnett County, Georgia, near Duluth. In early January 2018, the new NCR Global Headquarters opened in Midtown Atlanta near Technology Square (adjacent to the Georgia Institute of Technology). History Early years The company began as the National Manufacturing Company of Dayton, Ohio, ...
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