Bank of America to integrate Intel fingerprint authentication into banking platform
Starting in 2018, the banking institution will incorporate Intel’s Online Connect technology into its online banking authentication process, enabling customers to sign in with a fingerprint.
The solution, available on later generation Intel Core processors, stores the biometric fingerprint data solely on the user’s device and not on a public server or cloud.
“As online and mobile banking usage continues to grow, we’re focused on implementing the latest technologies that will give our customers the best possible user experience,” said Michelle Moore, head of digital banking at Bank of America. “Biometrics can help us achieve that goal, and we’re excited to work with Intel to bring added convenience to our more than 34 million digital banking customers.”
The BofA also revealed that customers with the new iPhone X will be able to authenticate themselves with the device’s Face ID facial recognition security feature.
Earlier this year, the Bank of America partnered with Samsung to develop new iris-based authentication techniques to enable clients to access the BoA mobile banking app via a photo of their eye.