No card reader, no PIN pad, no touch-screen display — how you bank at your ATM could drastically change in the not-so-distant future. Citigroup is testing an automated teller machine made by Canton, Ohio-based Diebold that relies on your smartphone and perhaps an eye scan to dispense your cash.
Diebold’s so-called “Irving” system works like this: Let’s say you want to get $100 from your ATM. Instead of taking your bank card with you, you schedule your withdrawal ahead of time on your phone via your bank’s mobile app. When you walk up to the screenless machine, it identifies you in one of several ways: Near Field Communication (NFC, the same type of technology used in Apple Pay’s mobile payment service), QR Code (for Quick Response Code, a machine-readable bar code that’s been used extensively in Japan) or biometrics (scanning your iris, a technique that’s considered far more fail-safe than fingerprints as a form of ID).The machine then spits out the cash and you go on your merry way.
Diebold said the entire transaction could be completed in less than 10 seconds. The new system is more secure than traditional ATMs, in part because you wouldn’t need a card and wouldn’t have to punch in a PIN, the company said.
Since Irving is only in the testing phase, it’s unclear when — or if — these devices will be rolled out on a broader scale. Citi didn’t immediately return a call for comment.
Diebold also unveiled a second futuristic banking concept on Monday that it calls “Janus.” It’s a dual-sided terminal that can serve two customers at the same time for in-branch customer service.
“Our latest concepts embody a new era of banking and put the user experience at the top of the pyramid to connect consumers with their money when and how they see fit,” Frank Natoli, Diebold executive vice president, self-service technology, said in a press release.
all the fears of taking the mark in the hand or the forehead, sheeple would easily line up for an RFID suppository given the reaming they take daily.
Well, there’s one bank that will never get my business. The last thing I want is for government thugs or common hackers to get hold of my biometric data. I’ll continue to use my plain old PIN, thank you very much.
Diebold’s New Iris Scanning ATM:
http://news.diebold.com/press-releases/diebold-delivers-the-consumer-banking-experience-of-the-future-with-two-new-concepts.htm
Funny you should mention this. I was just reading an article on how to bypass (or defeat) iris scanners.
I saw this the other day on the local news while I was waiting for my car to get fixed. They spent a good amount of time on it, but only spent a few seconds on the cop beating the kid in SC. It shows where their loyalties lay.
Also, I was looking at everyone and wondering if they ever bothered to ask, “If they are coming out with the eye-scanner, then why the hell are we forced to accept debit cards with RFID chips in them without our any say on it? This is ten times worse. All they care about is control over you 24/7. They can test this shit all they want. I ain’t accepting it. Next thing you know, they will make the tellers inside the bank ask you to scan your eye into their computer before giving you any money in the bank even with your photo ID. Isn’t it great that I have to go through all of this trouble just to get MY money? How come I have to have a bank give me money? How come these assholes at companies don’t have cash and have to play this “safety and security/save costs” propaganda by forcing you to accept automatic withdrawal from a bank? It’s disgusting.
Finally, why the F**K are people accepting or testing a machine from DIEBOLD out of all people? They rig the voting machines and steal/alter votes, so of course, they can easily rig the bank machines and steal/alter your money. DUH!!!
Wake up, America!!!
Regardless of the method of extraction, banks are black holes capable of ‘disappearing’ ALL of your ‘funds’ in a nanosecond.
User beware.