User-friendly mobile banking app security
FirstBank, the third-largest privately held bank in the USA, wanted to secure its mobile banking app in the most user-friendly way possible.
In 2016, it upgraded its app to support Touch ID fingerprint biometrics as a second factor of authentication, with Transakt doing the hard work behind the scenes. Biometrics support on the bank’s Android app followed a few months later.
Business challenges
- Optimize the mobile channel and engage younger customer base
- Match the convenience of biometrics with advanced security
- Relaunch mobile banking app without inconveniencing customers
Results
- Industry-leading two-factor authentication pairing biometrics and digital certificates
- Two factors of authentication with one touch
- No customer re-enrolment required