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IPFS News Link • Techno Gadgets

Futuristic no-PIN automated teller looks its user in the eye


 Teaming up with self-service tech company Diebold, it's created a prototype automated teller that has no keypad, card reader or screen. Known as the Irving concept, it utilizes an iris scanner and an app instead.

Here's how Irving works …

Users start by selecting the amount of money that they wish to withdraw (there's no word on how deposits work) using a banking app on their smartphone, wherever they happen to be. When they're subsequently near any compatible ATM, they just walk up to it. Using NFC (near-field communication), the machine will identify them based on their smartphone's wireless signature, as they do so.