Iris-scanning ATM, any 'smart' thing as MasterCard payment device, Visa tokenization

If Diebold has its way, you can forget using a PIN at an ATM – meaning there would be no card reader and therefore nothing thieves could use to install skimmers – as you would present your iris for scanning before the ATM spits out your cash.

At the Money20/20 payments conference, the largest global conference for financial and payment innovation, Diebold announced a screen-less, self-service ATM dubbed the “Irving concept.” It’s much smaller than traditional ATMs – up to 35% smaller – and does not even have a screen for transaction information to be displayed. Irving requires no PIN and no card since transactions are scheduled via a screen on a person’s smartphone.

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