Patented WiseSec technology allows a non-NFC mobile device to interface with an NFC or RFID terminal via the device's Bluetooth interface.
The companies have collaborated on a cardless mobile wallet solution that lets consumers withdraw cash at the ATM using a QR code or an NFC-enabled mobile device.
Cardless ATM access is suddenly surging in the US.
The nation's largest bank says it will enable mobile cash withdrawal across its entire 15,500-ATM fleet this year.
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The concept ATM relies on a mobile app to initiate transactions and employs iris-scanning technology to verify the user.
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Customers will be able to use their mobile device to designate the type and amount of an ATM transaction prior to arriving at a Wells Fargo ATM.
The location-based solution operates on the assumption that cardholders generally carry their mobile phone when visiting the ATM.
Payworld provides both the mobile app and the card-reader dongle retailers need to participate in the Cash Point program.
A new solution from Emerging Markets Payments lets people send money from their bank account to unbanked family, friends and others via the ATM network.
Initially, consumers will be able to access money through the Pin4 ATM network in New York City, Miami, Chicago and Los Angeles, with nationwide access coming in 2016.
The company says its Irving and Janus terminals incorporate new technologies that 'bridge the digital and physical worlds of cash.'
Xpression SafeLoad uses 'inherently secure' ATM network architecture to ensure fraud-free onboarding of payment cards to a mobile wallet.
Wincor says the system's innovative design is intended to appeal especially to digital natives who have grown up with digital and mobile technologies.
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Mobile Payments Today has released its latest survey for the upcoming 2016 Mobile Payments State of the Industry Report.
BTCGreece and virtual currency provider Cubits are planning to deploy 1,000 bitcoin ATMs in Greece, in the wake of economic malaise.
Avidia Bank, a community FI serving suburban Boston, has partnered with FIS to offer QR code-based cardless cash access at its ATMs.
For security purposes, the transaction provides a two-part code and a 24-hour time window for cash withdrawal by the recipient.