First Internet Bank, a US-based provider of online banking services, has launched Touch ID functionality for customers using its personal mobile banking application.
Touch ID will use built-in fingerprint-sensor technology to authenticate customers to log into their mobile banking application in place of traditional login credentials.
Fingerprints will be stored on a user’s device and will be encrypted with a key, only accessible to the device.
Touch ID access will be initially available to First Internet Bank customers running the bank’s personal mobile banking app on iPhone 5s, iPhone 6 and iPhone 6 Plus and will be extended to iPad Air 2 and iPad Mini 3 in the future.
First Internet Bank president and CEO David Becker said: "Our customers have come to expect a rich digital banking experience from us. With speed and ease-of-use, Touch ID demonstrates our continued commitment to applying technology and practical design to meet our customers’ needs."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData