The concept of banking transactions using the card in fact has been known for more than 67 years ago. However, new high-tech cargo can appear around the decade of the 1970s. In the year - this year appears first ATM machine that marks the banking transactions that are supported by on-line telecommunication technologies to all customers for 24 hours, full uninterrupted. Thirty years later, the style of electronic transactions has become a lifestyle more than 90 percent of banking transactions in the country - developed countries.
Here is the history of credit card services in the world:
1924, the concept of the use of cards in banking transactions has been introduced. Several years later the method of card usage is followed by 100 banks around the world.
In 1950, Diners Club and American Express became a card that uses the first plastic.
Spoiler for Amex:
Spoiler for Dinner Club:
In 1958, American Express offers a card for travel and entertainment market.
In 1966, Bank of America United Bank Card offers a license to the bank - another bank to make a card payment.
In 1969, ATM (Automatic Teller Machine) first appeared in England.
Spoiler for atm:
1970, the idea of making credit cards are widely accepted.
In 1977, Bank credit card Americard license converged together formally under the Visa name.
Spoiler for Visa:
In 1995, more than 90 percent of banking transactions in the United States carried out electronically.
After that ane would add about
History of ATM Machine
ATMs (Automatic Teller Machines or Automatic Teller Machine) is not foreign for You. But who first found him?
Luther George Simjianadalah one inventor and scientist who lived long enough. He was born in Turkey on January 28, 1905, and died on October 23, 1997 at the age of 92 years.
Spoiler for Luther:
Young Simjian migrated to the United States at the age of 15 years, since separated from her family during World War I. After meeting with his relatives in Connecticut, he began to study independently by working as a photographer in accordance with a field of interest. At the beginning, Simjian studied at Yale University by taking the field of Medicine.
However, his interest changed when The University provides jobs in the Laboratory of Images. In 1928, he assumed the post of Director in the Department of Photography at the University.
Spoiler for Check aja deh:
Spoiler for Atm Jadul:
In 1934 Simjian moved to New York, where he developed X-ray machine color and self-posing portrait camera, which allows the subjects to look into the mirror and see the exact image that will be taken
Spoiler for Atm!!:
Armed with this discovery, Simjian set up a camera manufacturing company and sell the license to use the camera on a mini studio that is placed in a department store with a name which was subsequently renamed Photoreflex Reflectone name. These companies then continue to develop optical, and electro-mechanical devices.
When Simjian offer ideas to make the customer's bank finacial transaction without meeting with the teller, he doubted many people. Do not know surrender, in 1939, Simjian registering 20 patents relating to devices these new findings, and offers its findings to a larger company that is now known as Citicorp. Only after 6 months later, Citicorp respond to an offer Simjian it.
"Apparently, people who will use this machine is only a small number of prostitutes and gamblers are embarrassed and do not want to meet face to tellers" wrote Simjian.
Oops, it turns out today on every street corner, we can easily find the machine "magic" is. What are the doubts many people at that time was not proven. ATMs have become an integral requirement for most people who live in cities. Simjian discovery that at first doubted, now has helped many people with the presence of convenience malalui ATM machine.
Spoiler for Atm:
Additional Info About ATM
Automated Teller Machine or Automatic Teller Machine (ATM) used bank customers to perform transactions, banking. Primarily, the use of ATM is to withdraw money in cash (cash withdrawal), but this time the ATM is also used to transfer money (transfer), check balances, pay bills phone card, buy a train ticket, and as her. for that, very vulnerable once been targeted by robbers who hunger, and the other criminals. Usually 24-hour system used for ATM machines. But at this writing, would not discuss how to break an ATM machine, can get pidanabung ... so be a good person yach? Sebernarnya there are so many bugs that exist on the PIN encryption process at the ATM machine. The Carding-carding-Maniz Maniz us who would have seen a bug is an error of a sistem.sudah curious about the workings of encryption and decryption at the ATM machine. we start just yach?
Automated Teller Machine or Automatic Teller Machine (ATM) used bank customers to perform transactions, banking. Primarily, the use of ATM is to withdraw money in cash (cash withdrawal), but this time the ATM is also used to transfer money (transfer), check balances, pay bills phone card, buy a train ticket, and so forth. Transactions through ATMs require a magnetic card (also known as ATM cards) made of plastic and a PIN (Personal Information Number) associated with the card. The PIN consists of 4 numbers to be kept secret by the owner of the ATM card, because someone else who knows the PIN can use ATM cards are stolen or lost to withdraw money. The PIN is used to verify that the card is inserted by a customer at the ATM. The verification process performed on the central computer (host) bank, therefore there should be two-way communication between the ATM and the host computer. ATM PIN and send additional information on the card to the host computer, the host is verified by comparing the PIN-entry by the customer with a PIN stored on the database host computer, then sends the response message to the ATM that states whether the transaction can proceed or rejected. During transmission from the ATM to the host computer, the PIN must be protected from eavesdropping by unauthorized person. Form of protection during the transmission is done with encryption PIN. On the banks, the PIN is stored in the database are also encrypted.
Spoiler for Atm:
Encryption algorithm used is DES with ECB mode. Since DES works with 64-bit block encryption, then the PIN which only consists of 4 digits (32 bits) must be coupled with the padding bits so that the length to 64 bits. Padding bits are added is different for each PIN, depending on additional information on each of his ATM card [PIN02]. Because the PIN is only 4 digits long, then the chances are very great predictable. A person who obtained the stolen or lost ATM card to try all possible PIN codes that may be, because there are only 10 × 10 × 10 × 10 = 10,000 possible PIN code 4 - digit. To overcome this problem, most ATMs allow only lawyers of the PIN-entry maximum of 3 times, if 3 times remain one of the ATM will 'swallow' ATM card. This problem also shows that the cryptography is not always able to solve the problem of data security. Some ATM networks are now using smart cards to enable the use of public key cryptography.
ATM card containing the user's private key and digital certificate signed by the card issuer (CA) to certify the public key. ATM authenticates the card by sending a string to the card to be signed using the private key, then the signature is verified by the ATM by using the public key owner of the card. Like all systems based on digital certificates, ATM terminal needs to have a copy of the public key of card issuer with a view to validate digital certificates. This is realized by installing the public key into the ATM machine.
Here is the history of credit card services in the world:
1924, the concept of the use of cards in banking transactions has been introduced. Several years later the method of card usage is followed by 100 banks around the world.
In 1950, Diners Club and American Express became a card that uses the first plastic.
Spoiler for Amex:
Spoiler for Dinner Club:
In 1958, American Express offers a card for travel and entertainment market.
In 1966, Bank of America United Bank Card offers a license to the bank - another bank to make a card payment.
In 1969, ATM (Automatic Teller Machine) first appeared in England.
Spoiler for atm:
1970, the idea of making credit cards are widely accepted.
In 1977, Bank credit card Americard license converged together formally under the Visa name.
Spoiler for Visa:
In 1995, more than 90 percent of banking transactions in the United States carried out electronically.
After that ane would add about
History of ATM Machine
ATMs (Automatic Teller Machines or Automatic Teller Machine) is not foreign for You. But who first found him?
Luther George Simjianadalah one inventor and scientist who lived long enough. He was born in Turkey on January 28, 1905, and died on October 23, 1997 at the age of 92 years.
Spoiler for Luther:
Young Simjian migrated to the United States at the age of 15 years, since separated from her family during World War I. After meeting with his relatives in Connecticut, he began to study independently by working as a photographer in accordance with a field of interest. At the beginning, Simjian studied at Yale University by taking the field of Medicine.
However, his interest changed when The University provides jobs in the Laboratory of Images. In 1928, he assumed the post of Director in the Department of Photography at the University.
Spoiler for Check aja deh:
Spoiler for Atm Jadul:
In 1934 Simjian moved to New York, where he developed X-ray machine color and self-posing portrait camera, which allows the subjects to look into the mirror and see the exact image that will be taken
Spoiler for Atm!!:
Armed with this discovery, Simjian set up a camera manufacturing company and sell the license to use the camera on a mini studio that is placed in a department store with a name which was subsequently renamed Photoreflex Reflectone name. These companies then continue to develop optical, and electro-mechanical devices.
When Simjian offer ideas to make the customer's bank finacial transaction without meeting with the teller, he doubted many people. Do not know surrender, in 1939, Simjian registering 20 patents relating to devices these new findings, and offers its findings to a larger company that is now known as Citicorp. Only after 6 months later, Citicorp respond to an offer Simjian it.
"Apparently, people who will use this machine is only a small number of prostitutes and gamblers are embarrassed and do not want to meet face to tellers" wrote Simjian.
Oops, it turns out today on every street corner, we can easily find the machine "magic" is. What are the doubts many people at that time was not proven. ATMs have become an integral requirement for most people who live in cities. Simjian discovery that at first doubted, now has helped many people with the presence of convenience malalui ATM machine.
Spoiler for Atm:
Additional Info About ATM
Automated Teller Machine or Automatic Teller Machine (ATM) used bank customers to perform transactions, banking. Primarily, the use of ATM is to withdraw money in cash (cash withdrawal), but this time the ATM is also used to transfer money (transfer), check balances, pay bills phone card, buy a train ticket, and as her. for that, very vulnerable once been targeted by robbers who hunger, and the other criminals. Usually 24-hour system used for ATM machines. But at this writing, would not discuss how to break an ATM machine, can get pidanabung ... so be a good person yach? Sebernarnya there are so many bugs that exist on the PIN encryption process at the ATM machine. The Carding-carding-Maniz Maniz us who would have seen a bug is an error of a sistem.sudah curious about the workings of encryption and decryption at the ATM machine. we start just yach?
Automated Teller Machine or Automatic Teller Machine (ATM) used bank customers to perform transactions, banking. Primarily, the use of ATM is to withdraw money in cash (cash withdrawal), but this time the ATM is also used to transfer money (transfer), check balances, pay bills phone card, buy a train ticket, and so forth. Transactions through ATMs require a magnetic card (also known as ATM cards) made of plastic and a PIN (Personal Information Number) associated with the card. The PIN consists of 4 numbers to be kept secret by the owner of the ATM card, because someone else who knows the PIN can use ATM cards are stolen or lost to withdraw money. The PIN is used to verify that the card is inserted by a customer at the ATM. The verification process performed on the central computer (host) bank, therefore there should be two-way communication between the ATM and the host computer. ATM PIN and send additional information on the card to the host computer, the host is verified by comparing the PIN-entry by the customer with a PIN stored on the database host computer, then sends the response message to the ATM that states whether the transaction can proceed or rejected. During transmission from the ATM to the host computer, the PIN must be protected from eavesdropping by unauthorized person. Form of protection during the transmission is done with encryption PIN. On the banks, the PIN is stored in the database are also encrypted.
Spoiler for Atm:
Encryption algorithm used is DES with ECB mode. Since DES works with 64-bit block encryption, then the PIN which only consists of 4 digits (32 bits) must be coupled with the padding bits so that the length to 64 bits. Padding bits are added is different for each PIN, depending on additional information on each of his ATM card [PIN02]. Because the PIN is only 4 digits long, then the chances are very great predictable. A person who obtained the stolen or lost ATM card to try all possible PIN codes that may be, because there are only 10 × 10 × 10 × 10 = 10,000 possible PIN code 4 - digit. To overcome this problem, most ATMs allow only lawyers of the PIN-entry maximum of 3 times, if 3 times remain one of the ATM will 'swallow' ATM card. This problem also shows that the cryptography is not always able to solve the problem of data security. Some ATM networks are now using smart cards to enable the use of public key cryptography.
ATM card containing the user's private key and digital certificate signed by the card issuer (CA) to certify the public key. ATM authenticates the card by sending a string to the card to be signed using the private key, then the signature is verified by the ATM by using the public key owner of the card. Like all systems based on digital certificates, ATM terminal needs to have a copy of the public key of card issuer with a view to validate digital certificates. This is realized by installing the public key into the ATM machine.
