BofA expands cardless ATM technology to SC
June 9, 2016
1st bank to widely adopt this new mobile banking platform
At the Google I/O Conference last month, Bank of America unveiled its new Cardless ATM technology and announced plans to deliver 5,000 of these ATMs by the end of 2016. In front of a packed crowd of developers gathered at the I/O event – “Innovate in the Open” – Michelle Moore, Head of Digital Banking for BofA, demonstrated how these ATMs enable customers to use their smartphones – instead of debit card – to quickly and securely access their accounts.
Michelle Moore said, “We’re committed to making clients’ financial lives simple, easy and secure.”
By the end of May, more than 2,400 new ATMs had already been delivered and were operating in markets across the country. This initial rollout included 20 ATMs that came to South Carolina – with 6 located in the Midlands.
- Columbia (4), Cayce & West Columbia
The adoption of Cardless ATMs is another example of the ongoing shift to more mobile commerce and BofA is the 1st bank to bring a broad rollout of this new ATM technology to market. BofA is leading the way in adapting and incorporating mobile technology to better meet their customers’ needs and improve their banking experience.
- 20 million customers now actively use BofA’s mobile banking app
- During Q1 of 2016, the number of new BofA accounts opened through mobile devices increased by 50%
