Diebold and Samsung Join Forces to Demo Biometric ATM

Diebold and Samsung Join Forces to Demo Biometric ATM
13.06.2017 07:30 am

Diebold and Samsung Join Forces to Demo Biometric ATM

Security , CRM

Diebold Nixdorf, the leader in driving connected commerce, and Samsung SDS America ("Samsung") are teaming up to showcase how integrating advanced mobile technology—such as facial recognition—and the self-service channel can lead to enhanced security and an improved consumer experience. 

The companies will jointly demonstrate the mobile-based biometric authentication approach at this year's Digital Banking conference in Austin, Texas, June 12-14

The mobile-based transaction uses Samsung SDS Nexsign™ —a FIDO compliant biometric authentication platform—which includes facial recognition technology paired with the ATM to complete a secure and convenient cardless cash withdrawal in seconds. While banks have deployed cardless solutions, Samsung SDS demonstrates the use case without the need for a card or PIN—a leap forward in convenience without sacrificing security.

To maximize consumer convenience, the innovative approach enables consumers to stage a withdrawal via their mobile banking app prior to arrival. Once they approach the ATM, the consumer simply taps their Samsung Galaxy S8 mobile device to the near field communications (NFC) reader on the ATM, confirms their transaction and instantly receives a prompt to complete authentication via facial recognition on their mobile device. Once verified, cash will dispense and the transaction is complete in less than half the time of a standard ATM transaction. This technology and experience can also support customers using other Android and iOS devices.

"As an industry leader in enabling cardless transactions at the ATM, our comprehensive solutions are bridging the physical and digital worlds of cash to truly drive connected commerce," said Alan Kerr, Diebold Nixdorf senior vice president, software. "Co-innovation lies at the heart of how Diebold Nixdorf does business. We are excited to be working with Samsung to showcase innovative solutions that utilize the trusted ATM channel to merge cash and mobile in a seamless, convenient and highly secure way."

Samsung was an early member of the FIDO Alliance, the world's largest ecosystem for standards-based, interoperable authentication. This ecosystem enables enterprises and service providers to deploy strong authentication solutions and protect against attacks.

"Samsung is making it easier for consumers to interact with their banks and ATMs using biometric information and eliminating the need for a physical card and PIN," said Scott Koo, CEO of Samsung SDS America. "We have already shown how this works with Samsung Pay and now have extended this functionality to provide a faster and secure approach to cardless transactions."

Related News

Mastercard Commits $250 Million To Support Small Business’ Financial Security

Our local main streets have been amongst the hardest hit from the COVID-19 pandemic. To help address this challenge, Mastercard today announced a commitment of $250 million... Read more »

RSA Security Finds Thousands of Domains Containing Words “Coronavirus” and “COVID-19” Were Registered in January 2020

RSA Security’s Fraud & Risk Intelligence (FRI) Unit has today released details of recently-uncovered scams and cybercriminal activity, providing a snapshot of the cyber-... Read more »

Trezeo launches new products to expand its safety net for independent workers

Trezeo today announced a major extension to its existing offering, that enables independent workers to access a wider range of urgently needed product ‘bundles’. Trezeo’s... Read more »

Erste Bank Hungary Improves and Secures the Remote Banking Experience with OneSpan Mobile Security

OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Erste Bank Hungary, a subsidiary of Erste Group Bank AG, one of the... Read more »

Semafone bolsters security with new PCI DSS certification for Cardprotect Relay+

Semafone®, the leading provider of data security and compliance solutions for call and contact centres, has achieved global... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel