NFC Featured Triple Tier ATM Protection

The use of credit and debit cards in today’s world has become so easy and fast. The card transactions have become increasingly omnipresent and so have the dangers to cyber crime. Three major attacks that we go through with the usage of ATM cards is skimming devices, shoulder surfing and fake keyboard. A common problem associated with cyber crime and the blocking of ATM cards is the long and tiring interactions with the company customer services. In this project we are using a three level of authentication factor employing CAPTCHA, Dash Matrix Algorithm and One-time password. There is a NFC card with all the bank details of the customer. With the help of NFC tag in the ATM machine all the information in the tag is identified by the system. Then the data is encrypted and finally a OTP is sent to the mobile of the customer in order to undergo any transactions. This proposed system, therefore, ensures both secure usage of ATM cards and cost effectiveness by utilising a common and user friendly technology.