Citi Treasury and Trade Solutions (TTS) is to introduce fingerprint and facial recognition for corporate customers logging into the bank's core treasury platforms.
Currently available for pilot in selected markets, Citi says it developed the biometric logins in consultation with clients.
Available on the CitiDirect BE desktop and mobile device, the physical passport eliminates the need to copy password generating tokens in order to access the platform, reducing a multi-step process to a streamlined login experience that takes just seconds.
“Citi’s use of interconnected devices makes their digital channels even more intuitive and easy to use," says Christopher Barry, research director for Aite Group. "Consumerisation of corporate experiences is a trend that adds significant value to the users’ daily interactions.”