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The demonstration showcases the ability to pre-stage and complete ATM transactions without the use of a card, integrating mobile and ATM functionality to expedite transactions. Pre-staged and cardless transactions are designed to improve convenience and security for ATM users by allowing consumers to initiate ATM transactions, such as cash withdrawals and deposits, via their smartphones.
"As financial institutions reinvent themselves to retain and grow consumer relationships in a hyper-connected marketplace, integration of mobile and ATM access points is critical to providing the ultimate convenience that consumers desire," said
The BAI Retail Delivery demonstration shows how consumers can go cardless by scanning a quick response (QR) code on the ATM and entering an authentication code to initiate transactions, such as cash withdrawals and deposits. With smartphones used as authentication devices, cardless transactions reduce consumer security risks related to lost or stolen cards, as well as skimming.
Pre-staged and cardless transactions are showcased on an ATM that uses the cloud for services integration and delivery, demonstrating streamlined and simplified management of software from various providers. Software and services delivery via the cloud provides enhanced efficiencies for financial institutions by enabling a software-as-a-service model. With this model, financial institutions would subscribe to cloud-based software, rather than purchasing, installing and maintaining it on each endpoint device or server.
"Diebold recognizes the value of delivering services via the cloud and we are excited to be exploring such a model," said Natoli. "We are committed to enabling quicker service delivery to the ATM while providing real-time flexibility and better utilization of resources to our customers."
The pre-staged and cardless transactions are part of Diebold's growing mobile transaction services suite. Additional solutions include remote deposit capture, cashless person-to-person payments and MobiTransact® Card Command(SM), which allows consumers to lock and unlock access to their bank cards. To experience Diebold's demonstrations at BAI RD, visit booth #1014.
Nick CodispotiInvestor Relations
Kelly PieroMedia Relations