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FIS and CO-OP Bring Cardless Cash to Credit Unions Nationwide

September 9, 2016         By: Mike Dautner

FIS Cardless Cash, a leading mobile solution that abstains from the usage of plastic cards at the ATM to withdraw funds, continues its expansion of its availability for consumers.

Already boasting processing one of the nation’s most significant phone-to-ATM networks, FIS, a global leader in financial services technology, has teamed up with CO-OP Financial Services to expand Cardless Cash to CO-OP ATM’s menu of Terminal Driving services.

CO-OP offers members of participating credit unions with surcharge-free access to accounts through its national ATM network.

It will continue to add FIS Cardless Cash to its menu of CO-OP ATM Terminal Driving services, with a pilot to be expected to launch around the first quarter of 2017.

“Cardless Cash combines innovation, efficiency, convenience and security to create both a valuable end-user service and a new revenue source for financial institutions,” said Anthony Jabbour, chief operating officer, Banking & Payments, FIS. “This partnership extends FIS’ leadership as one of the largest Cardless Cash ecosystems and will further drive end-user adoption of the capability.”

“CO-OP focuses on providing credit unions the latest technology that strengthens member connections,” said Todd Clark, president/CEO, CO-OP Financial Services. “This partnership will provide credit union members additional convenience, combined with the latest in transaction security.”