Webster Bank has launched Apple’s Touch ID authentication for Monitise-powered mobile banking app.
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Touch ID will enable consumers to access selected features including login and balance check or viewing transaction by merely swiping their fingerprint.
Nitin Mhatre, executive vice president, head of Webster’s Community Bank, said: "Over a third of Webster customers routinely access their accounts using smartphones, and a significant proportion of them have iPhones.
"With Touch ID, Webster customers with the iPhone 5S or iPhone 6/6Plus will be literally one touch away from their account information."
For more detailed transactions including payments and transfers, users will follow full authentication steps using their regular account name and password to address security concerns.
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By GlobalData
