Citibank has introduced Apple’s authentication software, Touch ID, in Hong Kong, allowing for features such as transactions, investments and enquiry in its Citi Mobile app to be conducted across iPhone models 5S or later.
Clients can now log on to the mobile banking app on their iPhone devices with their fingerprints. It’s not the first biometric feature introduced by Citi – it launched voice biometric authentication earlier in the year.
Touch ID will allow customers to use their fingerprints to log into the Citi Mobile app and manage their bank accounts and perform basic banking functions such as account balance and transaction enquiry, money transfer and bill payment, time deposit management, and promotions and offers enquiry.
As well as that, Citi’s Touch ID Sensor authentication service is the first fingerprint authentication method in Hong Kong that supports stock trading on a mobile banking platform
Angel Ng, Country Business Manager, Citibank Global Consumer Banking said:
“After the successful launch of the city’s first voice biometrics authentication service in June, we are pleased to roll out Touch ID Sensor authentication, thus enabling our mobile banking users to access a full range of services at their fingertips.”
IBM has been actively working with companies to make blockchain ready and integrated for businesses.
The new feature appears closer to being fully functional than previous rumours had suggested.
With the new £5 polymer note now fully rolled-out, it is now time to think about the new £10 note that will follow it. Paul Ferris, Product Manager at Wincor Nixdorf UK/I, gives his advice on how to make sure you are prepared for the deadline.
A Juniper Research report is predicting a 32% increase in mWallet payments in the next 12 months.