Automated teller machine (atm) user location verification

A method for protecting against an unauthorized automated teller machine (ATM) transaction, comprising:

• receiving a set of information associated with an ATM transaction associated with an authorized user, wherein the set of information associated with the ATM transaction comprises an identification of a geographic location associated with the ATM transaction;
• receiving a set of geographic location information associated with a mobile device, wherein the mobile device is associated with the authorized user associated with the ATM transaction;
• determining, via a computer processor, whether out-of-network transaction costs and/or an out-of-area transaction costs are associated with the ATM transaction;
• determining, via a computer processor, whether the geographic location associated with the ATM transaction is geographically proximate to the geographic location associated with the mobile device;
• and
• if out-of-network transaction costs and/or an out-of-area transaction costs are associated with the ATM transaction, determining whether to reduce the out-of-network transaction costs and/or an out-of-area transaction costs associated with the ATM transaction based at least partially on whether the geographic location associated with the ATM transaction is geographically proximate to the geographic location associated with the mobile device.

A computer program product, comprising:

• a non-transitory computer-readable storage medium comprising codes for causing a computer processor to be configured to:
• receive a set of information associated with an ATM transaction associated with an authorized user, wherein the set of information associated with the ATM transaction comprises an identification of a geographic location associated with the ATM transaction;
• receive a set of geographic location information associated with a mobile device, wherein the mobile device is associated with the authorized user associated with the ATM transaction;
• determine whether out-of-network transaction costs and/or an out-of-area transaction costs are associated with the ATM transaction;
• determine whether the geographic location associated with the ATM transaction is geographically proximate to the geographic location associated with the mobile device;
• and
• if out-of-network transaction costs and/or an out-of-area transaction costs are associated with the ATM transaction, determine whether to reduce the out-of-network transaction costs and/or an out-of-area transaction costs associated with the ATM transaction based at least partially on whether the geographic location associated with the ATM transaction is geographically proximate to the geographic location associated with the mobile device.