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Withdraw cash at an ATM not through your card but through your smartphone

Recently, we spoke about Diebold’s cardless ATM initiative that leverages NFC technology at ATMs to allow contactless transactions. Going a step further financial services giant FIS, announced last week that users will be able to withdraw money from an ATM through a mobile app.

The banks who have anchored this service are – BMO Harris, (Chicago), City National (Los Angeles) and Wintrust (Illinois). They plan to roll this service at most of the A ...

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