Sara Elsafty

 A combination of hardware, software, infrastructure and trained personnel organized to facilitate planning, control, coordination, and decision making in an organization. [business dictionary]  Communication devices, networks and data resources that process data and information for a specific purpose

 Safeguard money and provide loans, credit and payment services such as checking accounts, debit cards, cashiers checks and investment and insurance products.  Two main parts comprise a bank: monetary authorities and depository credit intermediation

 Established in 1913 as a means to create an orderly monetary system.  The Federal Reserve System is the central bank of the United States.  Manages the nations money supply and international reserves, holds reserve deposits of other domestic banks, and issues the dollars we use.  It is a system set up to provide the nation with a safer, more flexible and more stable monetary and financial system.

 Depository Credit Intermediation provides banking services to customers and business through loans and lines of credit.  Secures the money of depositors, provides checking and debit card services and lends money to consumers.  Credit cards, mortgages,car loans, investment loans and lines of credit.  Directly responds to customers financial needs

Office Automation SystemTransaction Processing SystemManagement Information SystemDecision Support SystemExpert Information System

 Uses hardware, software and networks in order to enhance work flow and facilitate communications among employees  The foundation of this system is a LAN which allows tellers to transmit data and mail across the network. This enables tellers to organize and sort information related to a customer including their account number, prior transactions, account type and any holds that may have been placed on the customers account.  Electronic Publishing Electronic Communication Image Processing Office Management Electronic Collaboration

 Collect, store, modify and retrieve the transactions of an organization  Deposits, withdraws, loans, cashiers checks, atm processing  Receives input data and converts it into useful information. The transaction output would be either a receipt given that states that a payment or deposit has been made, or the actual cash that is dispensed upon request.

 Automated Teller Machine  Data Terminal  Input : card reader, keypad  Output : speaker, display screen, receipt printer and cash dispenser  Once a customer swipes his card, the card reader captures the account information stored on the magnetic stripe on the back of the debit card and the host processor uses this information to route the transactions back to the bank of the cardholder.

 Deposits – deposit slip reader: when a customer wants to make a deposit, they must fill out a deposit slip with all relevant account information as well as the amount wanted.  Teller inputs this data into computer ; any error will not allow transaction to go forth.  Without this system, fraudulent accounts, customers, and money can be processed through the system without fault.  Reader and computer prompt are both systems of information gathering and sorting.

 Broadbent, M., & Weill, P. (1993). Improving business and information strategy alignment: Learning from the banking industry International Business Machines Corporation. Retrieved from /docview/ ?accountid=13025  Lubetkin, S. (1989). Unisys and precision computer systems offering UNIX OS-based banking system for community banks Business Wire. Retrieved from /docview/ ?accountid=13025  ON BANKING: Use your ATM to save money (1992).. NEW YORK, NY, United States: Retrieved from /docview/ ?accountid=13025  Banking transaction processing system developed by inventors (2010).. SPRINGFIELD, VA, United States: Retrieved from /docview/ ?accountid=13025  Yucheng deploys a credit management information system for a national policy bank (2010). PR Newswire Association LLC. Retrieved from /docview/ ?accountid=13025