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4-Traders Homepage  >  Equities  >  Nyse  >  Diebold Inc    DBD

Delayed Quote. Delayed  - 05/04 09:03:53 pm
24.49 USD   -2.86%
04:11p DIEBOLD : to feature futuristic ATM tech at Money 20/20 Europe
04/29 DIEBOLD : set to proceed with next phase of Wincor acquisition
04/28 DIEBOLD : misses 1Q profit forecasts
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Diebold : to feature futuristic ATM tech at Money 20/20 Europe

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05/04/2016 | 04:11pm CEST

Diebold Inc. will showcase one of its newest mobile-driven banking concepts, along with a security application from Cryptera, at Money 20/20 Europe this week in Copenhagen, Denmark.

The concept ATM dispenses and recycles cash without a screen, card reader or PIN-pad, using the consumer's mobile device as the primary interface.

The futuristic concept provides faster, more convenient consumer access to cash, the press release said. Features include:

  • bring your own device access -- customers set up their transactions via the bank's mobile app on their smart device;
  • consumer-recognition technology -- offers instant access to cash through contactless, mobile-banking methods such as QR codes, NFC and iris-scanning biometric technology;
  • increased speed and security -- with transactions initiated and authenticated on the consumer's smartphone, the concept mitigates card and completes cash withdrawals in less than 10 seconds; and
  • a small footprint -- the terminal is nearly one-third (32 percent) shallower and more than one-third (37 percent) narrower than standard through-the-wall ATMs.

Also at its Money 20/20 Europe booth, Diebold will highlight the CryptoTouch application from Cryptera, a company that the ATM-maker acquired in 2014. The Cryptera app encrypts PIN entries made on a touchscreen interface to deliver more secure consumer interactions on ATMs, point-of-sale devices and unattended payment terminals.

Copyright © 2016 Networld Media. All rights reserved., source Industry News

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