City National Bank to Launch FIS Cardless ATM Access
FIS and City National Bank signed an agreement to pilot FIS Cardless Cash Access at City National ATMs. City National plans to introduce this emerging technology to clients in its three largest markets early next year, continuing FIS’ successful rollout of this solution at banks and ATMs in key locations across the United States. The solution enables consumers to interact with the ATM from the privacy and security of their mobile devices, stage a transaction before stepping up to the ATM and then receive an eReceipt for the transaction on their devices, eliminating paper receipts. FIS Cardless Cash Access securely authenticates a user on his or her smartphone. Then, the consumer selects the account and amount of the withdrawal right on the phone. When at the ATM, the consumer scans a QR code on the ATM screen and, within seconds, the cash is dispensed and an eReceipt is sent to the phone.