Cardless ATM Withdrawal
World Economy

Cardless ATM Withdrawal

Getting cash out of an ATM could be getting a bit easier. Finance technology company Fidelity Information Services and ATM provider Payment Alliance International have announced that they will be bringing Touch ID to 70,000 ATMs across the United States, Yahoo Finance reported. The partnership will allow customers to use the FIS Cardless Cash app on select PIA machines. The system currently allows customers to make a withdrawal from their phone through the app by making a withdrawal online, using a Quick Response code to retrieve their reserved cash. This new partnership will allow customers to authenticate themselves with Touch ID to confirm the withdrawal and retrieve their money. The two companies didn’t release a timeline for when these upgrades would be rolled out, but they join a growing number of banks that have begun to utilize mobile phones in their processes. Earlier this year, JP Morgan Chase and Bank of America, and Wells Fargo announced that they would be making their ATMs Apple Pay-Compatible in the coming years.


Short URL : http://goo.gl/ueN34y
  1. http://goo.gl/2hcn2A
  • http://goo.gl/TjY8UE
  • http://goo.gl/pkrahK
  • http://goo.gl/JBLKtm
  • http://goo.gl/OgY0M5

You can also read ...

Report says China’s economic development must rely on integration between innovation and industrial production,  and work must be done to ensure that innovation progress was passed on to production.
China's new economy will account for an estimated 12% of the...
The process of building a new government could take weeks, so markets may well move on from the result quickly.
Politics dominated trading on Monday, with the euro sliding as...
World countries are casting a shadow on the future of the global economic system.
Next month, when finance ministers and central bank governors...
TPP Nations Making Progress
The Trans-Pacific Partnership nations have made progress...
EU Seeks Protection for Uber-Style Jobs
The European Commission said on Monday it wants more social...
Japan PM Announces $17.8b Economic Stimulus Package
Japanese Prime Minister Shinzo Abe said he would seek to...
US to See Slower Growth
The pace of US economic growth will stay stuck in the low 2%...
The economy’s return to growth has eased pressure  on the authorities.
Now that Nigeria’s economy is recovering from its worst slump...