Suncorp Bank is the latest financial institution to add a fingerprint login capability to its mobile banking application.
The new feature uses Apple biometric technology and enables users with compatible iPhone or iPad devices to log into their accounts by touching a screen with their finger.
Suncorp’s digital banking manager, Simon Clarke, said 40 per cent of the bank’s iOS customers already have a fingerprint-ready device and are looking for more streamlined options to manage their money.
The bank’s mobile app development team worked with product, security, and marketing teams to create the capability.
Suncorp has unveiled six mobile app releases this year including Australia’s first BillSplitter feature as part of its banking app.
“We have seen a 73 per cent increase in mobile banking activity over the past 12 months, with more than 90 million self-service transactions performed via our mobile app,” said Clarke.
Fingerprint Login will be available from August 12 on the Apple iPhone 5s, iPhone 6, iPhone 6 Plus, iPad Air 2, and iPad Mini 3.
Westpac added this feature to its mobile app last December.