20 February 2018
Visit www.avoka.com

Diebold FCU pilots mobile-only, cardless ATM

24 March 2014  |  4630 views  |  0 Diebold cardless ATM

Diebold Federal Credit Union is piloting an ATM without a card reader or PIN pad that relies solely on mobile authentication

When a consumer scans a QR code at the ATM - developed by manufacturer Diebold - the touch-screen machine authenticates the user via cloud-hosted services to enable the cardless transaction. Consumers can also pre-stage cash withdrawals on their smartphone through a bank-branded mobile app supplied by Paydiant.

Frank Natoli Jr., chief innovation officer, Diebold, says the firm studied the digital and social habits of today's younger generation to develop the machine.

"The research led us to choose mobile devices for both the user interface and the authentication vehicle to ensure seamless connectivity between devices," he says. "Adding mobile wallet capabilities further capitalizes on the mobile mentality of Millennials."

Wintrust Financial Corporation and City National Bank are also piloting the 'Mobile Cash Access' machine in partnership with FIS, Paydiant and Diebold.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

BBVA taps Wincor Nixdorf for next-generation ATMs

BBVA taps Wincor Nixdorf for next-generation ATMs

15 January 2014  |  5604 views  |  0 comments | 6 tweets | 4 linkedin
FNB targets rural customers with cashless ATM

FNB targets rural customers with cashless ATM

30 August 2013  |  9314 views  |  0 comments | 6 tweets | 9 linkedin
Banco Sabadell adds cardless ATM withdrawals to mobile app

Banco Sabadell adds cardless ATM withdrawals to mobile app

20 June 2013  |  14896 views  |  2 comments | 21 tweets | 15 linkedin
Diebold takes its cue from smartphones and tablets for next gen ATMs

Diebold takes its cue from smartphones and tablets for next gen ATMs

09 January 2013  |  11036 views  |  3 comments | 20 tweets | 12 linkedin
RBS adds ATM cash dispensing to mobile banking app

RBS adds ATM cash dispensing to mobile banking app

13 June 2012  |  15701 views  |  7 comments | 1 tweets
NCR ATM software ditches cards and PINs for mobiles and barcodes

NCR ATM software ditches cards and PINs for mobiles and barcodes

11 June 2012  |  13910 views  |  4 comments | 3 linkedin
Ogaki Kyoritsu Bank ditches cards for biometrics at ATMs

Ogaki Kyoritsu Bank ditches cards for biometrics at ATMs

12 April 2012  |  14218 views  |  2 comments
Ukash and Bank Machine team on cardless ATM withdrawals

Ukash and Bank Machine team on cardless ATM withdrawals

02 March 2012  |  11954 views  |  2 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comVisit http://info.nice.comvisit www.ebaday.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11699 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9316 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9150 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7856 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7230 views comments | 19 tweets | 18 linkedin

Featured job

Find your next job