Smartphone Enabled ATMs

BMO Harris Bank is launching the U.S.’s biggest cardless ATM network that allows  customers to withdraw cash within seconds, using nothing but their smartphones!

If your phone is lost or stolen, the bank can remotely remove the app. No card data is stored on the phone.

  • Download the digital banking app, Mobile Cash.
  • Sign into the Mobile Cash app.
  • The app will ask you to Enter the amount you want to withdraw.
  • The app will store the info until you get to the ATM.
  • At the ATM, select a “Mobile Cash” option on the ATM screen.
  • A quick response code, or QR code, will appear on the screen. Scan the QR code via your smartphone.
  • Collect your cash.

Read more at the WSJ.

This entry was posted in Security Blog and tagged , , , , . Bookmark the permalink.