Experts Debate Security Merits of New ATMs for U.S. Institutions
http://ef67fc04ce9b132c2b32-8aedd782b7d22cfe0d1146da69a52436.r14.cf1.rackcdn.com/-showcase_image-4-a-8881.jpg
Tracy Kitten February 19, 2016
By spring, banks and credit unions across the U.S. are expected to start rolling out "card-free" ATMs, offering transactions that experts say will eliminate fraud losses linked to skimming, and at the same time open new doors for mobile payments.
Three of the nation's largest banks, JPMorgan Chase, Bank of America and Wells Fargo, have announced plans to start deploying these new ATMs later this year, allowing their customers to conduct contactless tap-and-go transactions with their mobile smartphones, according to reports by the Los Angeles Times and the Associated Press.
Full Article
Card-Free ATMs: No More Skimming?
Userlevel 7
+54
Userlevel 7
This looks promising and hats off to the banks involved with this new practice, will be watching this closely
Reply
Login to the community
No account yet? Create an account
Enter your username or e-mail address. We'll send you an e-mail with instructions to reset your password.