IBS Journal December 2016
13
Barclays preps mobile contactless cash points
arclays is set to roll-out contactless Android smartphone cash machines. In a UK first, customers will be able to tap a phone against a cash machine to make withdrawals, starting December in the north east. Initially, customers will touch their mobile device or contactless debit card against a machine in a branch and then enter their pin at the ATM. From January, they will be able to pre-enter their pin into their phone using the bank’s mobile app and then tap their device against the machine to make cash withdrawals.
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Barclays aims to have about 500 of the new cash points operating in 200 branches across the country by January before a wider roll-out, including High Street ATMs. “These are machines that we have designed ourselves, so they’re unique,” says Ashok Vaswani, the head of Barclays’ personal and corporate banking division. “These are very intelligent machines, they do a hell of a lot more than what an average ATM does.”
Scott Thompson
Bank Leumi preps Pepper launch
Pepper, by the end of the year. A mobile-only venture, it will offer savings and lending products, with no checking account fees. A payments app called Pepper Pay will also launch later this year.
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Temenos’ T24 core banking system underpins back office operations, and Temenos Connect the front- end.Heading up Pepper is Lilach Bar David, a veteran of Leumi Card, a payment card subsidiary of Bank Leumi. The service could also roll- out to other countries, most likely in Europe, but for 2017 the focus will be on Israel.
Scott Thompson srael’s Bank Leumi is set to introduce its digital banking subsidiary,
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