June 9, 2015 -
Mobile banking platform firm Unwired Nation announced it has added Touch ID biometric security support for its mobile app, Unwired Banking.
Unwired Nation’s mobile banking solution offers a wide range of mobile features including increased security and end user convenience.
Unwired’s Touch ID biometric security feature combines advanced biometric security and the use of cloud-based solutions to ensure that personal, account, password and financial data are never stored on the user’s smartphone.
Unwired Nation said it will bring similar biometric authentication support for Android users in the future.
“Mobile is the most significant development in banking since the introduction of the ATM and Touch ID levels the mobile banking playing field for our community bank and credit union customers competing against Megabanks,” said Chere Heintzmann, CEO of Unwired Nation. “Our Unwired Banking platform and Touch ID offer significant security and convenience enhancements that are deployable in days versus months because they are independent of existing financial systems. There is no longer any doubt: Touch ID and biometric technologies are the future of mobile banking security.”
Previously reported, several major banks around the world have announced they are deploying various biometric technologies to improve the authorization security of their mobile banking apps.