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Diebold rolls out cardless ATM
NORTH CANTON, Ohio (1/9/13)--Diebold has integrated the ATM with mobile devices through "the cloud," allowing consumers to complete secure, cardless transactions.

Diebold is a CUNA Strategic Services provider.

The new ATM also allows for "touch gestures," such as flick and drag, commonly used with smartphones and tablet devices.

Diebold said it designed the ATM to look and act like a mobile device. The ATM also is paperless, delivering transaction receipts via text message or e-mail, based on user preferences.

To complete a cardless withdrawal, card holders scan the ATM's quick response code using their smartphones. When the devices sync through the cloud, a transaction screen appears on the smartphone and the card holder selects the withdrawal amount. The cloud server then sends to the smartphone a one-time code, which the consumer enters on the ATM screen to authenticate the transaction and receive cash.

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Because the ATM uses cloud-based services, it does not require computers, which means it requires significantly less power than traditional machines, Diebold said. The paperless environment also saves money on raw materials. With less hardware to maintain and no dispensable paper to replenish, financial institutions may realize greater uptime for ATMs, Diebold said.

Diebold plans to pilot the new ATM later this year.
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