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More banks are planning for cardless ATMs

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This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Fidelity Information Services (FIS) and ATM provider Payment Alliance International may be bringing Cardless Cash and Touch ID, which allows users to access ATMs via their mobile devices, to up to 95,000 US ATMs this year, according to The Verge. The app allows consumers to set up withdrawals in the app and then authenticate at the ATM via QR code, one-time security code, or NFC, according to Bloomberg. For context, cardless technology is currently available at about 2,000 ATMs. Cardless ATMs carry several benefits. Cardless ATMs make transactions simpler, which could...

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