US banks head to mobile at the ATM

Customers of US banks Wells Fargo and Bank of America will soon be able to withdraw cash and complete transactions at the ATM using their smartphone. “Wells Fargo said its service will be available in the late third quarter or early fourth quarter of 2016,” The Charlotte Observer reports. “Bank of America is also testing cardless-ATM capabilities. The bank plans to start piloting the service with customers in the first half of next year.”