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US banks install more 'cardless' ATMs

Smartphone-based system behind new machines allows for speedier transaction time, curbs growing problem of skimming

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Published Sun, Feb 21, 2016 · 09:50 PM

    Washington

    HERE'S another use for the smartphone as it invades daily life: in place of your debit card at your bank cash machine.

    The "cardless" automatic teller machine (ATM) is gaining ground in the US and around the world, with smartphone technology allowing for speedier and more secure transactions.

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