Word: atme
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Automated teller machines (ATMs) allowed banks to cut operating costs by replacing human tellers with electronic cash dispensers. And what was once a novelty is quickly becoming a standard. Many large banks are now offering free ATM use but charging service fees for speaking with a human teller...
According to some panhandlers in Boston and Cambridge, the two activities prohibited by the ordinance--aggressive solicitation and solicitation outside of an ATM--can be very lucrative methods...
Upon leaving the courtroom yesterday, both students went to a nearby ATM machine, withdrew money and paid their respective fines, the student who bought the alcohol said...
...casinos' brave new marketing style is Harrah's Entertainment Inc. of Memphis, Tenn., which this fall launched a campaign to use a single frequent-gambler card to link the 10 million-plus people already in its databases with Harrah's 16 casinos across the country. The concept of the ATM-size card, which is inserted into the back of a slot machine to record the player's wins and losses, has been around since the early 1990s. Most casinos now offer one as part of membership in a "slot club." (By gambling, players accumulate points, like frequent-flyer miles...
Some 50,000 of the cash cards, also known as "smart cards," are being mailed to consumers this week by Chase Manhattan and Citibank. They look like conventional credit, debit or ATM cards, but there is a vital difference: a tiny chip that can electronically store money. A consumer first takes the card to an ATM and downloads, say, $100 onto the chip. When the card is inserted into a terminal, the chip deducts the price of a newspaper or chewing gum from the total stored on the card and adds it to the virtual cash stored in the terminal...