Westpac will provide its customers with a fingerprint access to online banking via smartphones in January. Fingerprint recognition has been used on Apple's iPhone 5S, iPhone 6 and 6 Plus models, as well as Samsung’s S5 and Note 4 models. The bank’s head of digital business, Harry Wind, said: “Customers have now used their 4-digit PIN code for normal network access, and customers can use fingerprints in January.†He stressed that banks will not hold fingerprint data. However, this information is encrypted on the smartphone. Hydraulic Oil,Hydraulic Fluid Oil,Universal Hydraulic Fluid,Fire Resistant Hydraulic Fluid Hangzhou Xingang Lubrication Technology Co., Ltd. , https://www.newlubes.com
According to Harry Windt, the fingerprinting feature can add an extra layer of security that may be more secure than a PIN. Fingerprinting requires that the customer use the device on a specific device to access the service and the fingerprint on the device will be encrypted. Westpac said it has about half of the digital business users and generates about $50 billion in transactions each year. Western Pacific Bank’s subsidiary Westpac New Zealand, St George’s and Melbourne’s banks have begun to provide fingerprint recognition on iPhones, but Westpac stated that it is the first user in the world to provide access to Samsung’s Android devices. Fingerprinting bank.