Credit union ATMs to provide cardless cash access
C o-Op Financial Services, a payments and financial technology company focused on credit union success, added cardless ATM transactions to its suite of digital banking and payment solutions. The objective, Co-Op stated, is to meet digital consumer expectations and to enhance security.
The new Cardless Cash Access allows members to withdraw cash faster and more securely at the ATM by using their phones, rather than a plastic card, to initiate and complete a transaction, the company said, adding that this makes it the first credit union fintech provider to offer cardless cash access as a part of ATM network and terminal driving services.
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