By spring, banks and credit unions across the U.S. are expected to start rolling out “card-free” ATMs, offering transactions that experts say will eliminate fraud losses linked to skimming, and at the same time open new doors for mobile payments.
Three of the nation’s largest banks, JPMorgan Chase, Bank of America and Wells Fargo, have announced plans to start deploying these new ATMs later this year, allowing their customers to conduct contactless tap-and-go transactions with their mobile smartphones, according to reports by the Los Angeles Times and the Associated Press.
