Media Coverage

Cardless ATMs are clever, but you still may get ripped off

At some major banks, you no longer need to have your debit card in hand to use the ATM. But that won’t necessarily protect you from fraudsters. Several financial institutions have introduced smart ATMs to their branches in recent months. The cardless ATM sends a code to the consumer’s phone via the bank’s mobile app. By entering that code at the ATM, the customer can access his or her bank accounts.

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