mobile banking

Major French Bank Launches Mobile Account Setup Based on Facial Recognition

Major French Bank Launches Mobile Account Setup Based on Facial Recognition

One of France’s biggest banks has launched a biometric mobile enrollment system designed to let new customers open accounts with a selfie. In pursuing the technology Societe Generale says it has become the first bank in France to obtain regulatory approval for this kind of facial recognition technology from CNIL, the French data protection authority.…

BofA Merrill Brings Biometric Security to Corporate Mobile App

BofA Merrill Brings Biometric Security to Corporate Mobile App

Bank of America Merrill Lynch has brought fingerprint and facial recognition to its mobile app, CashPro Mobile. The biometric technology is used for mobile login, offering stronger security and greater convenience for end users. A lot of users stand to benefit from the move. Aimed primarily at treasurers in businesses, the CashPro app is used…