Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

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
Which Children's Miracle Network Hospital is the winner of @CUDirect's 20 for 20 grand prize? Find out Tuesday.
6 hours ago
Gas prices have fallen for a record 88 days in a row says @AAAnews via @washingtonpost http://t.co/c52VTdqHEB
8 hours ago
.@TheNCUA releases regulatory modernization initiative results (PDF link) http://t.co/pgLZe4aget
9 hours ago
#FinCEN seeks nominations of FIs, trade groups for membership on Bank Secrecy Act advisory group http://t.co/l5w58c277W
10 hours ago
MI pediatric dentist pledges $20K match to Hurley Children's Hospital if it wins @CUDirect's 20 for 20 http://t.co/Eq2nIPm6jo
10 hours ago