This post is part of our live coverage of FinovateSpring 2013.
“Better ATM Services has bridged the gap between ATMs and prepaid cards. Better ATM Services worked with major credit card payment networks to develop thinner, yet durable 3-panel cards that can roll through ATM cash mechanisms, yet function like normal payment cards at point-of-sale terminals. We also worked with major ATM manufacturers to develop very minor modifications that allow existing ATMs to select, load, activate, and dispense these new cards. This new card design is now approved for use by financial institutions throughout the U.S., and international approvals are underway. Financial institutions can now automate their prepaid programs through their existing ATM fleets.”