TD Bank’s U.S. mobile customers just got a major app upgrade. Tablet users, your upgrade is coming in the fall, Bank Innovation has learned. TD’s iOS users (finally) have the option to skip the passwords and make use of Touch ID. Customers also got a greater transfer functionality, allowing them toRead More
Post Tagged with: "Touch ID"
Passwords are broken, so why don’t banks do something about it? Oh wait, they are. A recent report by Celent indicates that 38% of banks with $100 billion or more in assets — there are 21 of them in the U.S. — offer fingerprint authentication. The most famous form ofRead More
Ally Bank will add Android Pay and Samsung Pay functionality “later this year,” Bank Innovation has learned. These additions would join Ally’s Apple Pay service, which the bank introduced this week. In a fourth feature introduced in recent months to simplify and enhance customer use of Apple products for mobile banking, AllyRead More
The average internet user has 19 passwords, and one in three of them suck, according to security experts. But it’s not our fault — remembering passwords is hard! An upper-case letter, a number, a special character… and yet we have to enter them again and again, even on tiny mobile screens.Read More
MasterCard launched a pilot beta program to test out voice and facial biometrics.
My greatest surprise in respect to Apple’s announcement was that it had taken them until the iPhone 6 to do payments.
This Apple Pay demo makes it clear just how central Touch ID is to the Apple Pay experience.
Last week, it was disclosed that Apple’s iOS 8 would allow consumers to scan their credit cards for mobile payments. The announcement barely registered on the banking industry’s radar, especially with all the iPhone 6 hubbub. It should have. This is just one more in a series of developments thatRead More
Bank of America has expressed interest in tapping emerging capabilities such as Touch ID in future iterations of its mobile app, which was updated last week. Allowing an Apple authentication system inside the walled garden of a mobile banking app would be a major development. The Charlotte, N.C.-based bank releasedRead More
Today Apple delivered the news mobile payments enthusiasts have been waiting for: Touch ID will soon work with third party apps. The feature was previously limited to authorizing purchases on iTunes and the iOS app store. Announced today at Apple’s WorldWide Developers Conference (WWDC 2014), this could be a steppingRead More