SECURE TRANSACTIONS WITH A MOBILE DEVICE

1 . A method for making financial transactions at an automated teller machine (ATM), comprising:

authenticating, by a processor of a service provider, a user's identity through a mobile device;

generating a security code,

transmitting the code to a mobile device associated with the user identity;

receiving a code entered into the ATM;

comparing the code transmitted to the code entered; and

granting access to a financial account associated with the user identity if the code received matches the code transmitted.

2 . The method of claim 1 , wherein the code is time-sensitive, for one-time use, or both.

3 . The method of claim 1 , wherein the code is transmitted in the form of a text, phone call, email, push notification, or a combination thereof.

4 . The method of claim 1 , wherein the code comprises random alphanumeric characters.

5 . The method of claim 1 , wherein a card or personal identification number is not used to access the account.

6 . The method of claim 1 , further comprising determining information about a user location from the mobile device and information about a location of the ATM.

7 . The method of claim 6 , further comprising determining whether the user location and ATM location are the same.

8 . The method of claim 1 , wherein the user enters an amount to withdraw, deposit, and/or transfer through the mobile device.

9 . A method for making financial transactions at an automated teller machine (ATM), comprising:

receiving, by a processor of a service provider, a user's mobile number entered into the ATM;

generating a security code,

transmitting the code to a mobile device associated with the mobile number received;

receiving a code entered into the ATM;

comparing the code transmitted to the code entered; and

granting access to a financial account associated with the mobile number received if the code received matches the code transmitted.

10 . The method of claim 9 , wherein the code is time-sensitive, for one-time use, or both.

11 . The method of claim 9 , wherein the code is transmitted in the form of a text, phone call, email, push notification, or a combination thereof.

12 . The method of claim 9 , wherein a card or personal identification number is not used to access the account.

13 . The method of claim 9 , further comprising determining information about a user location from the mobile device and information about a location of the ATM.

14 . The method of claim 13 , further comprising determining whether the user location and ATM location are the same.

15 . The method of claim 9 , wherein the user enters an amount to withdraw, deposit, and/or transfer through the mobile device.

16 . A system, comprising:

a memory device storing user account information, wherein the user account information comprises the user's mobile number, network address, and financial account information; and

a processor operable to:

receive identifying information from a user

generate a security code;

transmit the code to a mobile device associated with the mobile number;

receive a code entered into an automated teller machine (ATM);

compare the code received with the code transmitted; and

grant access to a financial account associated with the mobile number if the code received matches the code transmitted.

17 . The system of claim 16 , wherein the code is time-sensitive, for one-time use, or both.

18 . The system of claim 16 , wherein the processor is further operable to determine information about a user location from the mobile device and information about a location of the ATM.

19 . The method of claim 18 , wherein the processor is further operable to determine whether the user location and ATM location are the same.

20 . The method of claim 16 , wherein the identifying information does not comprise a card or a personal identification number.