VASCO security experts suggest that a cardless ATM is not a dream. Mobile phones could replace the traditional bank card and PIN to validate a transaction, combating skimming and other attacks against Chip & PIN security. Even an intercepted and copied QR code will not present a fraud risk, as it is only valid for one transaction for a specific mobile user. Download this whitepaper to learn why Out-of-Band (OOB) solutions may be the “Silver Bullet” to ATM security.”]
Source: https://www.bankinfosecurity.com/whitepapers/fortify-atm-security-secure-mobile-access-w-3331