U.S. Bank to Add TouchID to Its iOS App in March

  • JJ Hornblass
  • January 25, 2016
  • 1

canstockphoto19066526U.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.

Join us at Bank Innovation 2016, Feb 29-Mar 1 in Seattle. Click here for details.

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JJ started the first iteration of Bank Innovation back in 2007, and has been working on it ever since. He also serves as President & Chief Executive Officer of Royal Media, Bank Innovation’s parent. He founded Royal in 1995 and oversees all aspects of the New York-based diversified media company. Prior to forming Royal, JJ was on the editorial staff of American Banker, the daily newspaper, and worked as an editor of a business magazine in Hong Kong. As a reporter and editor, he has won journalism awards from the National Press Foundation, Newsletter & Electronic Publishers Foundation, and the Reader’s Digest Foundation. He has a BS in Economics from Yeshiva University and a Master’s from the Columbia University Graduate School of Journalism. He was also a Fellow at the University of Wisconsin-Madison Graduate School of Banking. He lives in New York City with his wife, two daughters, and son. He counts among his accomplishments one New York City Marathon, two New York City Triathlons and the 2010 Father’s Day 5K, the first race he ever ran with his daughters. He can be reached at hornblass@gmail.com or 212-564-8972.

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