Banks are getting serious about biometrics, which will eventually spell the end of online banking passwords. However, treasurers must not be distracted by the latest gizmo.
The iPhone is credited with many things, and one of them is the use of biometrics – in this case a scan of a finger – to log in to the phone. Apple’s TouchID is commonplace and the fingerprint scan is an integral part of the Apple Pay solution, where instead of a password or PIN, the fingerprint authenticates the payment.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.