mobile banking

Google Plans Debit Card with Biometric Security

Google Plans Debit Card with Biometric Security

Tech Giant Google appears close to announcing a new physical debit card to be used with its Google Pay payment platform, complete with biometric security. The news — which comes via a series of leaked documents obtained by TechCrunch — would position Google in the FinTech industry alongside competitor Apple, following the launch of the…

Trustonic Provides TAP Security for Korean Mobile Banking App

Trustonic Provides TAP Security for Korean Mobile Banking App

South Korea’s KB Kookmin Bank (KB Bank) is turning to Trustonic to safeguard its mobile banking app. The integration of Trustonic Application Protection (TAP) will make the KB Star Banking App easier to use, and will also raise the transaction limits for KB customers. To generate those benefits, Trustonic TAP will change the way the…

Jumio Renews Security Partnership with Monzo

Jumio Renews Security Partnership with Monzo

Jumio has renewed its award-winning partnership with Monzo. The two parties first teamed up back in 2017, with Jumio providing mobile onboarding and identity verification services for the digital bank based in the UK. The new multi-year agreement will solidify that relationship for the foreseeable future. “As Monzo continues to grow, we know that Jumio…

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…