Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
Diebold Offers ATM Access Through Smartphones
NORTH CANTON, Ohio and WELLESLEY, Mass. (7/19/13)--Diebold has partnered with mobile wallet provider Paydiant to offer a solution that allows consumers to withdraw cash from ATMs using their smartphones.
 
Diebold, a self-service solutions and ATM manufacturer, is a CUNA Strategic Services provider.
 
The Diebold and Paydiant Mobile Cash Access allows credit unions and banks to provide a secure, branded mobile wallet solution without installing additional hardware on ATMs or point-of-sale terminals, Diebold said.
 
At the ATM, consumers authenticate themselves by scanning a unique quick-response code that prompts the ATM to dispense cash via an encrypted connection to the cloud. 
 
The ability to conduct transactions with a mobile device at an ATM provides the foundation for financial institutions to offer a mobile wallet solution that also can be used at retail establishments for everyday purchases, Diebold said.
RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
1 Day ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
1 Day ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
1 Day ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
1 Day ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
1 Day ago