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EyeLock and Diebold have teamed up on a new screen-less, self-service ATM concept that harnesses emerging technology to create a vision of what the future banking experience might look like. Citibank is testing the Diebold prototype in its innovation lab.

EyeLock LLC, a market leader of iris-based identity authentication solutions, and Diebold, Incorporated, a leading global provider self-service technology, software and services to financial, commercial, retail and other markets, have teamed up on a new screen-less, self-service ATM concept that harnesses emerging technology to create a vision of what the future banking experience might look like.

ATM maker Diebold is showing off two new concepts at this week’s Money 20/20 conference in Las Vegas. The offerings are the products of the company’s Responsive Banking concept, which itself made its debut at last year’s Money 20/20.

One of the new prototypes, called the Janus concept, is a two-sided ATM that can serve two customers at once. Perhaps more importantly, it doesn’t feature a card reader, relying instead on QR codes or NFC technology for customer identification. The other concept, called Irving, is an ATM with neither a PIN pad, nor a card reader, nor a screen; instead, all transactions take place via the user’s smartphone. In addition to NFC and QR code technology, this system uses iris scanning are used to identify the customer, and a mobile app provides the interface.

While it sounds like something out of "The Jetsons," there soon might be an ATM that can identify you just by scanning your eyes. Diebold, a company that designs and markets ATMs, is partnering with Citigroup to test a new high-tech, mobile-friendly machine that would allow customers to do away with the current model of carrying around a plastic card.

Diebold is introducing the "Irving model" this week at Money20/20, a financial services trade show in Las Vegas. The machine is being tested by Citigroup in New York.

Forget the ATM card. A company is currently testing ATMs that allow customers to withdraw cash by simply scanning their irises.

Diebold, based in North Canton, Ohio, is behind the iris-scanning biometric technology. The company has teamed up with Citigroup, though the bank doesn't have immediate plans to bring the technology to market yet. Some consumers who are testing these ATMs said they are wary of the new technology.

Citigroup, Diebold to unveil new technology that eliminates the need for cards.

Will ATM machines soon be able to identify you by your eyes?

Citigroup Inc. is testing new technology with automated-teller-machine maker Diebold Inc. that would allow customers to withdraw money with an eyeball scan or a code on a smartphone instead of a card swipe.

NEW YORK, Sept. 28, 2015 /PRNewswire/ -- EyeLock, LLC announced today that the U.S. Patent and Trademark Office has issued a patent covering the utilization of a biometric reader to ensure the provenance of passengers at a transportation facility, such as a commercial airport. The issuance of this patent is timely, as demand for biometric authentication is growing rapidly with border control and transportation facilities looking to securely authenticate passenger identity and passengers seeking the ease and convenience of using biometrics to streamline traveling. 

NEW YORK, Sept. 24, 2015 /PRNewswire/ -- EyeLock LLC, a market leader of iris-based identity authentication solutions, will be showcasing its award winning and latest technology in Booth #602 at next week's ASIS 2015 in Anaheim, California.

NEW YORK, Sept. 16, 2015 /PRNewswire/ -- EyeLock LLC, a market leader of iris-based identity authentication solutions, today announced the following three key appointments as part of its plan to continue to strategically grow the Company in crucial markets and industry segments, and cement the Company's position as an industry leader:

HAUPPAUGE, N.Y., Sept. 2, 2015 /PRNewswire/ -- VOXX International Corporation VOXX, +3.93% today announced that it has successfully completed its acquisition, effective September 1, 2015, to acquire a controlling stake of biometrics leader, EyeLock.  VOXX has acquired a 54% equity interest in a newly formed subsidiary, EyeLock LLC, which now owns all of the intellectual property and substantially all of the other assets of EyeLock, Inc. and its subsidiary EyeLock Corp., and has assumed certain of their liabilities. The total purchase price, inclusive of prior investments, is approximately $20.2 million.  The Company also disclosed that it has entered into a Loan Agreement with EyeLock LLC, providing up to $10 million for working capital purposes in the form of a secured credit facility.

HAUPPAUGE, N.Y., Aug. 19, 2015 /PRNewswire/ -- VOXX International Corporation (VOXX) today announced that it has entered into a Definitive Agreement to purchase the assets, inclusive of all intellectual property, of iris authentication market leader EyeLock through an acquiring entity.  Upon consummation of the transaction, VOXX will have a controlling interest in the acquiring entity. The closing of the transaction is subject to completion of due diligence.  Expanding on its existing supply chain and distribution relationship with EyeLock, VOXX will play a larger role in the distribution and sale of EyeLock's suite of products with an increased focus on enterprise and access control business lines.

EyeLock Inc., a market leader of iris-based identity authentication solutions and COMTEX, a leader in design and integration of electronic security solutions to a wide range of industries and governmental agencies in Brazil and Latin America, today announced a strategic partnership to bring EyeLock’s Iris Authentication Solutions to Brazil and Latin America.

EyeLock, Inc., a market leader of iris-based identity authentication solutions, today announced the market availability of nano NXT, the next generation of EyeLock’s revolutionary access control solutions.  With its sleek design, powerful capabilities, user-friendly operation, and affordability, the nano NXT is an access control solution for companies large and small.