Financial technology firm FIS has announced plans to integrate its ‘cardless cash’ service across Cardtronics’ ATM network in the US.

Cardless cash, available through the FIS mobile banking app, enables customers to withdraw funds from ATMs without having to use a plastic card. Cardtronics is the world’s largest non-bank ATM operator, and a planned 24-month roll-out will see cardless cash available through ATMs at some of the largest retailers in the US.

With smartphone TouchID, customers can securely access their funds and authorise the withdrawal at the ATM. Those using the cardless cash service can complete withdrawals within 10 seconds, while receiving an electronic receipt on their smartphone.

Anthony Jabbour, chief operating officer of banking and payments at FIS, commented: “FIS cardless cash already has created the industry’s largest cardless ecosystem, providing convenience to US customers and a better security model for financial institutions. This partnership with Cardtronics exponentially grows that ecosystem, further facilitating customer adoption and increasing the efficiency, convenience and security of ATM transactions.”

Brad Nolan, executive vice president and managing director of global product and marketing at Cardtronics, added: “Cardtronics, as the global leader in ATM and surcharge-free solutions for retailers and financial institutions, is uniquely positioned to dramatically expand the use of cardless cash access at ATMs in the US. Enabling cardless cash access at our ATMs is just one more way Cardtronics can help banks transitioning to more digitally focused, self-service strategies.”

Originally launched in January 2015, the FIS platform is currently used by more than 30 banks in the US.

Share Story: