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Bank Of America Brings On The Cardless ATMs
- CNBC, Thursday, January 28, 2016 8 AM
Bank of America is going plastic-free for its ATMs. The company is developing automated teller machines that let customers use smartphones instead of plastic cards, per a source. "We're going to spend a lot of money on the ATM network this year," the person said. It includes enabling ATMs to accept payments from the bank’s credit card customers and cashing checks from the machines. It also wants to allow customers to get varying denominations of cash from its ATMs.
