News & trends

Diebold has unveiled an ATM that can be used for cardless withdrawals
USA | January 2013

Diebold, the American ATM manufacturer recently presented its new ATM at the Consumer Electronic Show (CES) in Las Vegas. This innovative machine, which will be tested by banks during 2013, enables users to make withdrawals without a card. Users scan the ATM’s QR code with their mobile phone which then syncs with the ATM via the cloud. After having selected the withdrawal amount on their phone, users then receive, via their smartphone, a one-time code which enables them to withdraw the required cash amount from the ATM. Users can also send money to third parties by transmitting the code to them. This type of machine could help banks save money by reducing the number of bank cards issued.

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Marketing & Sales

Brazilians are increasingly using online banking services

Brazil - April 2014

According to a report of the Brazilian Federation of Banks, 51% of banking transactions during the first half of 2013 were completed via an electronic channel. The survey also highlights the progress of the mobile channel, since its transaction share has increased from 3% in 2012 to 6.2% in 2013.

News summary compiled by Efma Information Services


PayPal is piloting a Samsung smartwatch-enabled payment system

USA - May 2014

PayPal is currently trialling a payment system with the Samsung Galaxy Gear 2 watch, using Beacon contactless technology. The pilot scheme is taking place in a Starbucks Café within the PayPal area, in San Jose, California. Users equipped with the Samsung smartwatch are identified by the coffee house’s employee when they enter as their name and photo are automatically displayed on the POS payment app. Customers use their smartwatch to validate their payment.

News summary compiled by Efma Information Services


60% of Hungarians still manage their finances in bank branches

Hungary - May 2014

According to a survey conducted by Erste Bank, covering six CEE countries, 60% of Hungarians still manage their finances in bank branches. However digital channels are increasingly used for everyday banking needs. Half of under-30s use these channels and 41% of those in the 30-59 age group do not prefer branches. On the other hand, only 11% of over-60s use electronic distribution channels.

News summary compiled by Efma Information Services

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