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A cardholder of Bank A uses her debit card to perform a withdrawal transaction in an ATM of Bank B. Explain whether each of the
A cardholder of Bank A uses her debit card to perform a withdrawal transaction in an ATM of Bank B. Explain whether each of the following applications of Bank B is involved (or not) in the processing of the aforementioned transaction. Treasury System CIF Application Payments Processing Application Cards Front-end Processing System (Switching) Deposits Processing Application Cards Origination Application Justify your answers by providing appropriate references to the functionality offered by each of these applications.
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