OCBC Bank introduces biometric authentication application

OCBC Bank (Malaysia) Bhd has introduced a pioneering business banking mobile application (app), which uses biometric authentication.

The OCBC Malaysia Business Mobile Banking app, enables iPhone users, for a start, to perform numerous tasks literally at the touch of a finger.

"It includes viewing bank account balances and time deposits, as well as checking the status of incoming and outgoing funds," the OCBC Bank said in a statement today.

The app, featuring OCBC OneTouch, leverages on Apple's Touch ID technology, allowing Malaysian-registered users of the bank's Internet portal, Velocity@ocbc, to access their account balance and conduct transactions using fingerprint recognition.

OCBC OneTouch is available on Touch ID-enabled Apple iPhones, such as the iPhone 5s and newer models, which run on at least an iOS 8 operating system.

The bank said the biometric authentication feature would be available for Android phones soon.

-- BERNAMA