Gadgetory

Bank of America wants to replace your physical wallet with a digital one instead of an ATM card you can use your phone to withdraw cash or check balances so the first step is to access your digital wallet you can do that with your fingerprint connect that to the ATM machine enter your PIN as you traditionally would and get your cash the ATM uses the same NFC or near field communication technology found on some in-store registers you can use most major digital wallets including Android Apple and Samsung pay it even works when you have no cellular connectivity I took out cash several times at these ATMs some using the cardless ATMs on ality and sometimes using a debit card turns out that using a phone definitely feels a lot quicker if you lose your phone there are security measures in place first is obviously you know the fingerprint second is the additional security on the ATM machine of having to use the Penn 2400 machines across the u.s. we'll have the technology in May and 5000 will have the feature by the end of 2016 this is not the first time we've seen a cardless way to take out cash in Australia many Bank apps let you generate a one-time code and enter that at the ATM to withdraw money Wells Fargo will deploy a similar code based system and cardless NFC access to over 40% of its ATMs by the end of 2016 Chase is also upgrading its ATMs to have the same cardless option in San Francisco Lexus Avedis cnet.com for CBS News