Yesterday, Apple announced a number of features for both iOS and its desktop operating system, renamed macOS, but the one that struck the payments community was the announcement that Apple Pay was moving to Safari on both desktop and mobile. Just how important is this development, however? The payments community thinks thisRead More
Post Tagged with: "TouchID"
At JPMorgan Chase & Co., fingerprints and personalization are key next steps in its retail banking innovation evolution. Apple TouchID may get all the press, but authentication via fingerprint also exists for Android devices, and the feature will go live for Chase customers on those devices at the end of this month.Read More
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 iOSRead More
Navy Federal Credit Union recently released an updated mobile app that does, well, pretty much everything. Call it the “kitchen sink” update. Released Nov. 18, the updated 5.0 version of the app puts the country’s largest credit union on par — if not slightly ahead of — the largest banks in termsRead More
Apple is doubling down on payments, but it may actually be about authentication. The Cupertino, Calif.-based tech giant is expected to launch a peer-to-peer money transfer service sometime in 2016, according to a report this week from the Wall Street Journal. Apple is no stranger to P2P — it filedRead More
Apple has decided that it is working with FreshBooks “to deliver a made-for-business app” to small businesses. FreshBooks, in an announcement today, did not offer specifics on what exactly it was doing with Apple. However, it did point out that, “In its Q2 2015 earnings call, Apple announced it is workingRead More
The financial services industry is racing toward faster payments, driven, we’re told, by consumer demand. But consumers are not likely to be aware of the resources banks need to devote to fighting fraud, and that spend will only increase as payments speed up. Dwolla caused a stir this week byRead More
JPMorgan Chase joined American Express, USAA, Simple and Discover in offering TouchID on its iOS app Saturday. The video below explains the enrollment process. TouchID is no longer new, debuting in September 2013 with the iPhone 5S, but when the largest bank in the country adopts it for consumers, it canRead More
In updating its core cards app for iOS late Tuesday, American Express has given a thumbs up to TouchID security for business cards.
Developers have already started integrating Touch ID into their apps. Check out the videos here.