The Bank of Melbourne has claimed a first by adding support for biometric technology within its mobile banking application.
From today, iPhone 5s, iPhone 6, and iPhone 6 Plus users who are customers of the Bank will be able to use Apple’s Touch ID fingerprint sensor to log into mobile banking accounts.
Support for the Android-based Samsung Galaxy S5 is scheduled to go live “in the coming months.”
To use fingerprint option, users will first need to log into the app using the standard PIN and password method and configure their account to register a fingerprint.
“An increasing number of our customers are doing their banking on mobile devices,” Bank of Melbourne chief executive (CEO), Scott Tanner, said. “That’s why the launch of Touch ID for mobile banking is such an important innovation for the industry.”
“As far as we know, we’re the first bank to offer fingerprint logon to mobile banking. We’re excited to be at the forefront of innovation, providing quicker and easier ways for our customers to check their balance, transfer funds, and complete other transactions.”
A Bank of Melbourne spokesperson has told ARN that St George customers can expect the update in the "next few weeks."