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

09/09/2016

JACKSONVILLE, Fla., Sept. 9, 2016 – FIS Cardless Cash, the market-leading mobile solution that avoids using a plastic card at the ATM to withdraw funds, continues to expand its availability for consumers. Already possessing one of the nation’s largest mobile phone-to-ATM networks, FIS (NYSE: FIS), a global leader in financial services technology, has partnered with CO-OP Financial Services to expand Cardless Cash to CO-OP ATM’s menu of Terminal Driving services.

CO-OP provides members of participating credit unions with surcharge-free access to accounts through its nationwide ATM network. It will add FIS Cardless Cash to its menu of CO-OP ATM Terminal Driving services, with a pilot expected to launch in 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.”

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