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Bank of America Partners with Samsung on Biometrics Pilot
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Bank of America Partners with Samsung on Biometrics Pilot

Bank of America Partners with Samsung on Biometrics Pilot

Fintech Nexus Staff·
FintechNews RoundupUSA
·Aug. 16, 2017·1 min read

Bank of America has struck a partnership with Samsung to start a pilot program that will allow Bank of America customers to login using a picture of their eye; the program will start with a group of 1,500 Samsung and Bank of America employees who will test the authentication for six months; according to a past report by American Banker, about half of Bank of America customers login to the mobile app using their fingerprint and the other half login with a username and password; according to Finovate, Samsung debuted this iris scanning technology at their Unpacked event in March and they claim it to be more secure than fingerprint scans. Source

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