ABN Amro is wooing the 'selfie generation' by enabling prospective customers to sign up for a new account with just their smartphone.
For identification the bank will request photos of the consumer's identity card or passport, a selfie portrait pic, and an iDeal payment transfer of €0.01.
Managing director of retail banking Frans Woelders explains: "We see smartphone use among our customers grow by the day. To accommodate them, we now offer the opportunity to sign up with just your phone. Becoming a customer using a mobile device is quick and efficient, as you can do so without visiting a bank branch."
Recenty, the bank has been putting the new method to the test within it's Usability Lab. A pilot was also launched in six ABN Amro offices across the Netherlands prior to full-scale release.
ABN Amro's mobile banking app is currently used 57 million times a month. In September 2015, the app underwent a major upgrade to allow the retrieval of credit card data alongside current account features.