Fifty years ago, Barclays installed the world's first ATM machine (ATM) in the north of London. Fifty years later, Barclays embarked on the road to digitization of the old teller machines.
Do not have a card without an appointment can also withdraw ATM combined with NFC technology for restructuring
In the era of prevalence of electronic payment, faced with the brutal status of the drastic reduction in cash utilization, the ATM manufacturing industry had to rethink its response to changing customer needs.
"In the next five years, the ATM manufacturing industry will innovate more than in the past 50 years," said Andy Mattes, chief executive of Diebold Nixdorf, which makes about one-third the world's telomeres. "The speed of innovation Amazing. "
As smartphone usage increases, Silicon Valley companies are in the payments business, with bank and ATM makers also placing their interaction with electronic devices at the forefront of innovation.
Nearly all US banks and Bank of America, including Wells Fargo and Bank of America, are introducing machines that support Near Field Communication (NFC) technology, a short-range, high-frequency wireless communication technology that allows non-contact electronic devices Point-to-point data transmission (within ten centimeters) Exchange data.
To Mike Lee, chief executive of ATM Industry Association, Global ATM Industry Association, a cardless ATM machine is attracting him with increased security and faster transactions. He said: "Cardless transactions allow users to withdraw cash in as little as 10 seconds, and traditional card withdrawals take 30 seconds and speed is important for enhancing the customer experience."
Wells Fargo's 13,000 ATM machines in Super 40% support for near field communication technology, all ATMs support the use of mobile phone password system for cardless transactions. Bank of America's 5,000 U.S. ATMs support cardless transactions, most of them in San Francisco and Silicon Valley.
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