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Introduction

A brief assessment of FIS's Cardless Cash results so far and the recent agreement to enable its acceptance at PAI’s 70,000 ATMs across the US.

Highlights

  • Expanding mobile banking services to include ATM access options could help banks deepen customer relationships and drive cross-sell. The approach also offers ATM owners a quick-win solution to reduce card fraud liability.

Features and Benefits

  • Assesses the significance of greater acceptance for FIS's Cardless Cash.
  • Analyzes how mobile-ATM services could help banks deepen customer relationships.

Key questions answered

  • How has Cardless Cash been received by the US market so far?
  • How can mobile-ATM services help banks deepen customer relationships?

Table of contents

Ovum view

  • Summary
  • FIS's Cardless Cash is expanding after promising initial results
  • Mobile-ATM services could help banks deepen customer relationships
  • ATM access in the US may be just the first step for Cardless Cash

Appendix

  • Further reading
  • Author

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