U.S. Bank mobile customers: Get your thumbs ready.
The fifth-largest bank in the nation will add TouchID biometric capabilities to its mobile app in March.
U.S. Bank is a participant in Bank Innovation INV, Bank Innovation’s fintech accelerator that launched last week.
The company made the disclosure as part of a notable iOS app update released last Friday. That release appears to include, among other enhancements, improvements such as easier navigation, quicker accessibility to account information, and the ability to search transactions from previous months.
Minneapolis-based U.S. Bank did not give many details about how TouchID will be used within its iOS app, other than to say for “fingerprint authentication for enabled devices.” TouchID authentication has several possible use cases — it really depends on how the extent to which the bank wants to use it for authentication.
Many major banks already have TouchID implemented in their mobile apps, including Citibank, Wells Fargo and Bank of America. Citibank, for example, implemented TouchID last July. Apple introduced TouchID in mid-2013.
Last week, U.S. Bank enabled for Apple Pay use the last of its debit and credit cards that had not been Apple Pay-capable. Apple Pay relies on TouchID for security and authentication.
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