Crime School

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? Interview by Aaron Smith with CNN Money. Podcast Time Stamps: [01:50] -- Interview begins with Aaron Smith - CNN Money. [02:00] -- Must login to ATM Smartphone app to obtain 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 ATM machine is unchanged. [04:40] -- ATM Smartphone App may give a false sense of security. ATM Smartphone App users must look at two screens now instead of one. 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 an ATM machines.