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
#NewsNow: @CUNA-CFA survey results suggest 3-3.5% increase in holiday spending. http://t.co/GjcDvvwfzy
1 minutes ago
.@WOCCU promoted financial inclusion as a sustainable development goal at two separate @UN events this month.
1 hours ago
Colo. authorities OK first-ever #marijuana-focused CU #NewsNow http://t.co/77qj6O3bcu
1 hours ago
.@Vancity busts some Black Friday retail myths http://t.co/q8Wht3CcRc
1 hours ago
Things get hairy at #creditunions during #Movember http://t.co/Hc6tYRMSY8
3 hours ago