NORTH CANTON, Ohio and
RIDGEFIELD PARK, N.J.,
June 12, 2017 /PRNewswire/
-- Diebold Nixdorf, the leader in driving connected commerce,
and Samsung SDS America ("Samsung") are teaming up to showcase how
integrating advanced mobile technology—such as facial
recognition—and the self-service channel can lead to enhanced
security and an improved consumer experience. The companies will
jointly demonstrate the mobile-based biometric authentication
approach at this year's Digital Banking conference in Austin, Texas, June
12-14
The mobile-based transaction uses Samsung SDS Nexsign™ —a FIDO
compliant biometric authentication platform—which includes facial
recognition technology paired with the ATM to complete a secure and
convenient cardless cash withdrawal in seconds. While banks have
deployed cardless solutions, Samsung SDS demonstrates the use case
without the need for a card or PIN—a leap forward in convenience
without sacrificing security.
To maximize consumer convenience, the innovative approach
enables consumers to stage a withdrawal via their mobile banking
app prior to arrival. Once they approach the ATM, the consumer
simply taps their Samsung Galaxy S8 mobile device to the near field
communications (NFC) reader on the ATM, confirms their transaction
and instantly receives a prompt to complete authentication via
facial recognition on their mobile device. Once verified, cash will
dispense and the transaction is complete in less than half the time
of a standard ATM transaction. This technology and experience can
also support customers using other Android and iOS devices.
"As an industry leader in enabling cardless transactions at the
ATM, our comprehensive solutions are bridging the physical and
digital worlds of cash to truly drive connected commerce," said
Alan Kerr, Diebold Nixdorf senior vice president, software.
"Co-innovation lies at the heart of how Diebold Nixdorf does business. We are excited to
be working with Samsung to showcase innovative solutions that
utilize the trusted ATM channel to merge cash and mobile in a
seamless, convenient and highly secure way."
Samsung was an early member of the FIDO Alliance, the world's
largest ecosystem for standards-based, interoperable
authentication. This ecosystem enables enterprises and service
providers to deploy strong authentication solutions and protect
against attacks.
"Samsung is making it easier for consumers to interact with
their banks and ATMs using biometric information and eliminating
the need for a physical card and PIN," said Scott Koo, CEO of Samsung SDS America. "We have
already shown how this works with Samsung Pay and now have extended
this functionality to provide a faster and secure approach to
cardless transactions."
Banco Popular de Puerto Rico
plans to pilot this authentication method this summer and has
already worked with Samsung and their biometric authentication
platform.
"Partnerships such as this one is particularly what we, at
Popular, work at every day; collaboration at its very best. We
continuously work to develop and implement features that make our
clients' lives easier while keeping at the forefront of innovation,
focused on our mobile offering while enhancing security by
leveraging biometric authentication. We are proud to be part of
such an important milestone and look forward to what the future
brings," said Rachid Molinary,
senior vice president of Digital Strategy for Banco Popular de
Puerto Rico.
About Samsung SDS America
Samsung SDS America (SDSA) is the U.S. subsidiary of Samsung
SDS, a global software solutions and IT services company. Samsung
SDSA provides software and solutions for enterprise mobility,
security, analytics, andIoT. We enable our customers in government,
financial services, retail and other industries to drive business
in a hyper-connected economy by helping them increase productivity,
safeguard assets, and make smarter decisions.
About Banco Popular
Founded in 1893, Popular, Inc. (NASDAQ: BPOP) is the leading
banking institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S.
banks by assets. In the United
States, Popular has established a community-banking
franchise providing a broad range of financial services and
products with branches in New
York, New Jersey and
South Florida, operating under the
name "Popular Community Bank."
About Diebold Nixdorf
Diebold Nixdorf, Incorporated
(NYSE: DBD) is a world leader in enabling connected commerce for
millions of consumers each day across the financial and retail
industries. Its software-defined solutions bridge the physical and
digital worlds of cash and consumer transactions conveniently,
securely and efficiently. As an innovation partner for nearly all
of the world's top 100 financial institutions and a majority of the
top 25 global retailers, Diebold
Nixdorf delivers unparalleled services and technology that
are essential to evolve in an 'always on' and changing consumer
landscape.
Diebold Nixdorf has a presence in
more than 130 countries with approximately 24,000 employees
worldwide. The organization maintains corporate offices in
North Canton, Ohio, USA and
Paderborn, Germany. Visit
www.DieboldNixdorf.com for more information.
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SOURCE Diebold Nixdorf