wells fargo web enabled atms

8/14/2019 Wells Fargo web enabled ATMs

http://slidepdf.com/reader/full/wells-fargo-web-enabled-atms 1/12



Group 9Group 9Asha NachiAsha Nachi

Kritika PrabhakarKritika PrabhakarNitesh KumarNitesh Kumar

Raunaq ChawlaRaunaq Chawla

Seshu PinnamaneniSeshu PinnamaneniVijay Pal SinghVijay Pal Singh



Wells Fargo: AnWells Fargo: An

IntroductionIntroduction• Founded in 1852 by henry wells and lorian fargo.Founded in 1852 by henry wells and lorian fargo.

Head Quarters: gold rush port in San francisco.Head Quarters: gold rush port in San francisco.

• Over 150 years of its existence it won numerous awards.Over 150 years of its existence it won numerous awards.

• Diversified to provide various financial services throughDiversified to provide various financial services through

internet, channels across north america and internationally.internet, channels across north america and internationally.

Ranked 5th in assets and 3rd in market value of its stock.Ranked 5th in assets and 3rd in market value of its stock.

• Has 5897 branches and 6960 ATMs across America.Has 5897 branches and 6960 ATMs across America.



Integration of ATMs and BackendIntegration of ATMs and Backend

systemssystems

• Remote connectivity to all ATMs.Remote connectivity to all ATMs.

Back-office supportBack-office support

• Tackling Problems of card fraud Tackling Problems of card fraud

• Limiting inflow of customers toLimiting inflow of customers to

BranchesBranches

• Easier upgrades through theEasier upgrades through the

Internet.Internet.



Features of Web EnabledFeatures of Web Enabled

ATMsATMs

• include a personalized greetinginclude a personalized greeting

interactive link to screens featuring bank product offersinteractive link to screens featuring bank product offers

• Spanish-language option on the welcome screenSpanish-language option on the welcome screen

• drop-down menus on touch screensdrop-down menus on touch screens

headlines from MSNBC.comheadlines from MSNBC.com

• Full-color screens and full-motion videoFull-color screens and full-motion video



SECURITYSECURITY

CONCERNSCONCERNS• Stealing of ATM numbers online

• Increase in vulnerability

• Introduction of new channels

• Phishing problem

Use of Windows



MEASURESMEASURES

• Installation and Maintenance of firewall configurationInstallation and Maintenance of firewall configuration

• Regularly upgrade anti-virus softwareRegularly upgrade anti-virus software

• Two-factor authorization Two-factor authorization

• Digital CertificatesDigital Certificates

Secure Socket LayerSecure Socket Layer



WEB ENABLEDWEB ENABLED

ATM’sATM’s• FIRST BANK TO COMPLETELY WEB ENABLE ATM INFRASTRUCTURE

TRADITIONAL WAY- DEDICATED/PROPRIETARY SYSTEM- ATMs CONNECTED TO BANK THROUGH SATELLITES

ATMs COULD ONLY DO TRANSACTIONS THAT WERE BANK ENABLED LIKEWITHDRAWAL & DEPOSIT

NEW SYSTEMS WITH LATEST STANDARDS- 5 YEAR PROJECT

BANKS ARE CONNECTED TO THE ATMs WITH THE HELP OF INTERNET CLOUD NOW

ATMs NOW PROVIDE NEW SERVICES



BUILDING ON WEB SERVICES

•USAGE OF XML & SOAP

XML IS A STRUCTURED MARKUP LANGUAGE WHICH IS PLATFORM INDEPENDENT

WORKS ON COMMAND PROMPT & CAN BE USED ON ANY OS LIKE WINDOWS, LINUXetc.

• SOAP DEFINES XML FORMAT FOR LANGUAGES

ALLOWS BUSINESS, SUPPLIERS, & CUSTOMERS TO COMMUNICATE WITH EACH OTHER

SET OF RULES THAT MAKES IT EASIER TO



ManagementManagement

• E-commerceE-commerce

supply chain managementsupply chain management

• strategies involvedstrategies involved



Online BankingOnline Banking

• Electronic bankingElectronic banking

ConvenienceConvenience

• Impacts.Impacts.



Thank You! Thank You!

wells fargo web enabled atms

Documents