HSBC gets Touch-y feely

HSBC gets Touch-y feely

HSBC business customers in the UK can now use Touch ID fingerprint technology to access their account and balance information through the HSBCnet mobile app.

The feature uses a recognised fingerprint instead of passwords. It is now available for UK businesses using the app, before the service is expanded to include business internet banking mobile customers in 2017.

Frances Howell, HSBC UK head of global liquidity and cash management, says the launch is “part of a broader shift in consumer behaviour towards digital services, where speed and simplicity is paramount”.

The launch of Touch ID follows the recent introduction of selfie ID account opening verification for UK businesses.

Touch ID is compatible with Apple mobile devices and will also be made available to Android mobile users in the new year.