WiseSec, an Israel-based security technology company, and Diebold recently demonstrated a new approach to mobile payments and ATM access at the Mobile World Congress in Barcelona, according to a press release.

Using Bluetooth-based communications technology on a Diebold 5500 Series ATM with the Vista multivendor terminal software suite, WiseSec showed how an FI can deliver mobile cash access capability under its own brand. The capability is available for users of both Android and iOS-based smartphones, the release said.

While NFC technology delivers fast and efficient "tap-and-pay" capabilities for Android devices, banks have thus far been unable to deliver a truly branded experience for users of non-NFC iOS devices.

Patented WiseSec technology allows a direct connection between the Bluetooth interface and NFC and RFID terminals, a unique international solution that allows phones that do not support NFC technologies to communicate with these terminals.

This means that an FI can deliver the same type of branded client experience across all leading smartphone platforms, supporting their customers' device of choice while delivering the security they expect from their FI.

"Diebold has been integrating mobile technology into the ATM since 2013 and we continue to explore new and innovative approaches," says Douglas Hartung, Diebold director of global software strategy and research. "From Silicon Valley to Silicon Alley to the extraordinary innovation coming from Israeli companies such as WiseSec, we continue to push the envelope in demonstrating a path towards truly integrated omnichannel experiences for our customers."