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An ATM controller (ATMC) is a system used in financial institutions to route financial transactions between ATMs, core banking systems and other banks. An ATMC is sometimes referred to as an "EFTPOS Switch". An ATM controller is key infrastructure in an interbank network.
The design of ATM aimed for a low-jitter network interface. Cells were introduced to provide short queuing delays while continuing to support datagram traffic. ATM broke up all data packets and voice streams into 48-byte pieces, adding a 5-byte routing header to each one so that they could be reassembled later.
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network. However, the functions which may be performed at the network ATM vary.
In March 2001, Network World described ATM25 as a "solution looking for a problem": [5] Classified mostly as a solution looking for a problem, 25M bit/sec ATM to the desktop failed before it really got rolling. While many folks thought the idea of providing all that bandwidth to user PCs was worthwhile, the idea of paying twice as much for the ...
An ATM network interface in the form of an accessory card. A lot of network interfaces are built-in. A network interface controller (NIC) is computer hardware that connects the computer to the network media and has the ability to process low-level network information. For example, the NIC may have a connector for plugging in a cable, or an ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 21 February 2025. Electronic telecommunications device to perform financial transactions Several terms redirect here. For other uses, see Cash machine (disambiguation), Money machine (disambiguation), and ATM (disambiguation). An old Nixdorf ATM Smaller indoor ATMs dispense money inside convenience ...
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UPC and NPC may involve traffic shaping, where traffic is delayed until it conforms to the expected levels and timing, or traffic policing, where non-conforming traffic is either discarded immediately, or reduced in priority so that it may be discarded downstream in the network if it would cause or add to congestion.