20 February 2018
Visit www.avoka.com

OCBC wipes fingerprints for facial recognition on iPhone X

06 November 2017  |  3213 views  |  0 Source: OCBC

As the world received the launch of the coveted Apple iPhone X with much fanfare, OCBC Bank has rolled out an innovative enhancement to its consumer and business banking apps for Apple iPhone X users.

By leveraging Apple’s Face ID facial recognition technology, OCBC Bank customers who have the new phone can now dispense with passwords or even fingerprints when doing their everyday banking on mobile apps like OCBC Mobile Banking, OCBC OneWealth and OCBC Business Mobile Banking, or making payments on OCBC Pay Anyone. These customers just need to look at their iPhone X.

OCBC OneLook makes day-to-day banking and payments via mobile banking apps easy, quick and secure. Once OCBC OneLook has been set up for the OCBC Mobile Banking, OCBC OneWealth, OCBC Business Mobile Banking and OCBC Pay Anyone apps, customers can simply tap on the OCBC OneLook icon on the apps’ login screens and look at their phone to authenticate access. Once logged in, customers can view their account and card balances, as well as their latest transactions. Customers using the OCBC OneWealth app can also view their investment portfolio. On the OCBC Pay Anyone app, customers can pay friends and make purchases via QR codes using OCBC OneLook.

To get started, customers simply need to perform a one-time activation for OCBC OneLook on the OCBC mobile apps on their iPhone X. Face ID is available on Apple iPhone X, running on the iOS11 operating system.

This is another digital innovation first from OCBC Bank, following OCBC Bank’s OneTouch™ fingerprint authentication, which was developed using Apple’s Touch ID technology. Just like OCBC OneTouch™, OCBC OneLook was developed entirely by OCBC Bank’s in-house mobile developer team. This team is also behind some of the bank’s breakthrough applications like the open Application Programming Interface (API) platform, voice biometrics authentication and OCBC Pay Anyone e-payments that leverage iMessage and Siri.

Mr Aditya Gupta, Head of E-Business Singapore said: “Continuously innovating around new technology to deliver a simple, secure and superior banking experience for our customers is our first priority. With OCBC OneLook, customers are now able to bank and pay on our mobile apps more easily, quickly and safely, just by looking at their phones. There’s a whole generation of customers becoming more comfortable with biometric authentication technology, and we are confident that they will find OCBC OneLook truly impressive and relevant. So, bye-bye fingers, hello faces!”

Over 120,000 Singapore-registered users of OCBC Bank’s business internet banking portal, Velocity@ocbc, stand to benefit from this enhancement to the OCBC Business Mobile Banking app.

Said Mr Gregory Trotter, Head of Cash Management, Global Transaction Banking, OCBC Bank: “We have always been pushing the boundaries and coming up with innovative solutions for our business customers. Most recently we had our OCBC Business Mobile Banking app, where we were the first to avail fingerprint authentication, then voice banking using Siri, and now facial recognition technology.”

“We understand that business owners want immediate access to banking information wherever they are so that they can effectively manage their day-to-day operations and make decisions on the go. That is why we are introducing OCBC OneLook for our app, so that business owners who are early adopters of the iPhone X can continue to use biometric authentication to access banking information quickly, conveniently and securely. We have been relentless in our drive to deliver simple, fast and convenient services to our business customers, and will continue to offer innovative digital solutions that meet their needs and add value for them.”

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsVisit www.vasco.comVisit https://www.capgemini.com

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
11673 views comments | 16 tweets | 12 linkedin
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
9287 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9123 views 10 comments | 22 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
7772 views comments | 13 tweets | 11 linkedin
FCA explores creation of global sandboxFCA explores creation of global sandbox
7197 views comments | 19 tweets | 18 linkedin

Featured job

Six-Figure-Base, Double OTE, Benefits Package
London, UK

Find your next job