ATM Smartphone App Promises Convenience, not Safety.

Major US banks move towards card-free ATM  access.

ATM Smartphone App replaces the plastic access card.

Will this make ATM use safer for us or just for the bank?

A phone app makes you look at two screens now instead of one

Interview by Aaron Smith with CNN Money.

Podcast Time Stamps:

[01:50] -- Interview begins with Aaron Smith - CNN Money.

[02:00] -- Must log in to the ATM Smartphone app to obtain a new account code.

[02:12] -- Customer must enter 8-digit App code and PIN code into ATM.

[02:59] -- Banks are concerned with losses from fraudulent ATM card use.

[03:40] -- Physical robbery risk in front of the ATM is unchanged.

[04:40] -- ATM Smartphone App may give a false sense of security.

Will a smartphone app keep us safe at the ATM?Tweet This

ATM Smartphone App - No Personal Safety Features Yet

Must own an updated smartphone and be tech-savvy to use the App.

A smartphone App does not lower robbery risk at ATMs.

ATM robbers don't care how you get the machine to spit out cash.

Need to enter an 8-digit smartphone account code into the ATM keypad.

Keypad entry errors can cause more delays than the current card system.

We still need to enter a PIN code when prompted by the ATM.

We still need to view the ATM screen menu to make transaction selections.

ATM Smartphone App requires you to focus on two devices instead of one.

Robbers might prefer that you use an ATM Smartphone App.

ATM robbers can steal your smartphone as well as your cash.

ATM robbers stealing smartphones will inhibit fast 911 call reporting.

ATM Smartphone App Future Opportunities

It should greatly reduce the risk of fraud losses for the major banks.

The adoption of NFC* could shorten the time spent in front of the ATM.

A biometric eye scan should reduce keypad or screen interface time.

NFC and biometrics could drastically shorten the time at ATM Machines.

* NFC - Near Field Communication - ATMs will recognize your phone when in proximity or by tapping an ATM sensor.

Related ATM Smartphone App Articles and Podcasts

ATM Security - 10 Things ATM Robbers Don't Want Victims to Know

Bank ATM Machine Late-Night Use Advice Article 

Learn More about Premises Liability Litigation

Download the 115-page eBook written by Security Expert Chris E. McGoey

Security Expert’s Guide to Premises Liability Litigation

Evaluating Crime Foreseeability and Inadequate Security Cases

Chris McGoey has authored a tremendous practical guide about premises liability litigation for attorneys, security consultants, risk managers, landlords, law enforcement, and business operators.

“You won’t find a better book on this subject!”

If you’re a trial lawyer, you simply “Must Read This Book”

115 pages 8.5 X 11″ — Instant Download (PDF) – Revised 2023.

Copyright © 2009 – 2023 Aegis Books, Inc.

Click the Buy Now button. Pay via PayPal or Credit-Debit Cards

Instant Download  $25   –   

Online Orders are Secure via PayPal Server

Unconditional Money-Back Guarantee

Biography of Chris E. McGoey

Testimonials from a few clients

Speaking Engagements

Media Interviews

Premises Liability Litigation Book

Retain Chris as a Security Expert Witness

Chris McGoey Blog Article Index

Crime School Podcast Episode Index

Contact Security Consultant Chris E. McGoey

Jonesborough, Tennessee

951-461-8950