Korean banks reject iPhone X face ID due to security concerns

Twenty Korean banks have rejected the facial recognition security feature of Apple’s iPhone X due to security concerns, according to a report by the Korea Herald. Following reports that the security of the new phone’s Face ID feature has been breached, a number of commercial and online banks said they would not provide the facial authentication option to authenticate customers logging into their accounts. “It was difficult for us to adopt the biometric technology (of iPhone X) abruptly, since it

More banks roll out Face ID login option

Singapore’s OCBC Bank, Britian’s Tesco Bank and Westpac in Australia have updated their mobile banking apps to enable iPhone X customers to login and authenticate payments using facial recognition. OCBC Bank has launched OneLook, which uses facial recognition to enable payments and access account information through the bank’s app. The feature can be used on the iPhone X across all of OCBC’s financial apps. Just like OCBC Bank’s OneTouch fingerprint authentication, OCBC OneLook was developed entirely by OCBC Bank’s in-house

CBA adds Face ID authentication option to mobile banking app

The Commonwealth Bank of Australia (CBA) has updated its mobile banking app to support Face ID, the facial authentication feature integrated in Apple’s new iPhone X, according to a report by ZDNet. “Our customers use secure fingerprint logins on the CommBank app about 30 million times a month,” CBA executive GM of Digital Pete Steel commented Friday. “Extending that functionality to Face ID is part of our ongoing work to provide a better banking experience to our customers through simple,

App developers use of iPhone X face data raises concerns among privacy experts

Privacy experts applauded Apple for assuring that facial data used to unlock its new iPhone X would be securely stored on solely the phone itself, however, these privacy promises do not apply to the thousands of app developers who will have access to facial data in order to create entertainment features for iPhone X users, according to a report by Reuters. Last month, Senator Al Franken expressed his appreciation to Apple for addressing his privacy and security concerns over the

Two UK banks add Face ID authentication option to mobile banking apps

Nationwide and Bank of Scotland have updated their mobile apps to support Face ID, the facial authentication feature integrated in Apple’s new iPhone X, according to a report by MacRumors. The banks are the first mobile banking apps in the UK to provide support for Apple’s new facial recognition technology. KGI Securities analyst Ming-Chi Kuo recently wrote in a note to investors that he believes that Apple will continue using the 3D face recognition technology instead of Touch ID fingerprint

Apple addresses Senator’s privacy and security concerns regarding Face ID

Senator Al Franken expressed his appreciation to Apple for addressing his privacy and security concerns over the company’s Face ID facial recognition technology, which will be available in the upcoming iPhone X, according to a report by CNet. Franken had previously sent Apple a letter following the company’s announcement of the iPhone X, which raised concerns about whether the company could protect people’s privacy. Apple marketing chief Phil Schiller has said the company used more than 1 billion photos to

Apple provides details about how iPhone X’s facial recognition works

Apple updated the security and privacy section of its website in which the company unveiled new details about how the Face ID facial recognition feature works, according to a report by Business Insider. The new face recognition technology and corresponding TrueDepth 3D camera is built into the new iPhone X, which will be available on November 3rd. Since the smartphone was announced two weeks ago, several privacy advocates and security experts have raised concerns about the face recognition technology. Earlier