OCBC Bank uses Apple Touch ID for account balance access

Singapore's OCBC Bank is enlisting Apple's Touch ID technology to let customers check their account balances with the press of a finger.

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OCBC Bank uses Apple Touch ID for account balance access

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The new feature means that customers with newer iPhones can place their finger on the Touch ID sensor to see their bank, card and investment balances. For other transactions, such as payments, users still have to log in to the full app with an access code and PIN.

Aditya Gupta, head, e-business, Singapore, OCBC, says: "Checking bank balances is one of the most frequent transactions done by customers. We are confident that this innovation will resonate positively with our fast-growing group of mobile banking users."

Banks around the world are taking different approaches to Touch ID. In the UK, RBS and NatWest customers can now use their fingerprints to access their full apps, while in Canada Tangerine uses Touch ID as an extra layer of security, still requiring a passcode.

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