Withdrawing cash with iPhone's Touch ID coming to 70,000 ATMs in the U.S.

The days of inserting your debit or credit card into an ATM, entering your PIN and worrying about whether there's a card skimmer stealing your information will soon become a thing of the past.

FIS and Payment Alliance International (PAI), two leaders in the ATM solutions space, announced on Friday a partnership that will bring cardless cash withdrawals to 70,000 ATMs operated by PAI across the U.S. at retailers, convenience stores, gas stations and more.

Instead of a plastic card, people will be able to use their iPhones and a mobile app to withdraw cash. Transactions are authenticated with a person's fingerprint via the Touch ID sensor. Read more...