Turkish bank Isbank has partnered with mobile payments firm Monitise and is integrating Apple’s Touch ID fingerprint authentication into its mobile banking application, İşCep, the first time the biometric system has been claimed by a Turkish bank.
Instead of using a PIN system, Isbank customers will be able to easily and rapidly log in to their account without compromising security by swiping their fingers on log in, on iOS 8 Touch ID enabled phones.
“We’re very proud to be the first bank in Turkey to introduce this new technology to mobile banking,” said Hakan Aran, CIO of İşbank. “It speaks to the importance of innovation and the potential it has to revolutionize the banking experience, and is a key part of our wider programme to use technology to deliver more for our customers.”
Monitise designed and developed İşCep, which currently has over 1.2 million users – thousands of which use an iPhone 5s or higher.
“Today’s consumer values a secure and seamless mobile banking experience – with the launch of Touch ID technology for İşCep, we’re getting a glimpse into a future where accessing your money is a completely frictionless process,” said Peter Radcliffe, Monitise president EMEA & Asia Pacific. “We’re delighted to have achieved this as part of our long-standing partnership with İşBank.”