Standard Bank launches biometric mobile banking
South Africa's Standard Bank has introduced a biometric mobile banking solution.
South Africa’s Standard Bank has introduced a biometric mobile banking solution that allows iPhone and iPad users to sign into the bank’s mobile app using fingerprints.
The new solution will leverage Apple’s TouchID technology to authenticate customers through their biometric parameters.
Standard Bank head of mobile banking Magnus Taljaard said: “With the latest upgrade to our banking apps, customers with Touch ID enabled smartphones and tablets have the option to use Apple’s fingerprint identity sensor to sign into our mobile banking apps.
“The ability to sign in using the fingerprint sensor is also combined with an additional security layer for certain transactions — for example, when paying a new beneficiary.
Taljaard added: “The new biometric identification feature… underwent rigorous testing so that we could ensure a safe and robust solution for our customers.”
The bank will roll out the feature for Android phones with fingerprint readers in the future.