OCBC Bank introduces pioneering biometric authentication application


Singapore's second-biggest lender, made a formal offer to buy Hong Kong's Wing Hang Bank Ltd for a slightly lower than expected US$4.95bil - EPA Photo.

KUALA LUMPUR: OCBC Bank (M) Bhd has introduced a pioneering business banking mobile application (app), which uses biometric authentication. 

The OCBC Malaysia Business Mobile Banking app, enables iPhone users, for a start, to perform numerous tasks literally at the touch of a finger.

“It includes viewing bank account balances and time deposits, as well as checking the status of incoming and outgoing funds,” the OCBC Bank said in a statement on Monday. 

The app, featuring OCBC OneTouch, leverages on Apples Touch ID technology, allowing Malaysian-registered users of the banks Internet portal, Velocity@ocbc, to access their account balance and conduct transactions using fingerprint recognition.

OCBC OneTouch is available on Touch ID-enabled Apple iPhones, such as the iPhone 5s and newer models, which run on at least an iOS 8 operating system.

The bank said the biometric authentication feature would be available for Android phones soon - Bernama

 

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

SME Bank expects Bank Negara to hold OPR at 2.75% in 2026
China's central bank to conduct 900-billion-yuan outright reverse repo operation
TSMC fourth-quarter profit leaps to record driven by AI boom
Bursa Malaysia slips as profit-taking hits heavyweight counters, KLCI down 0.33%
Malaysia's construction, sub-contractor industries urged to expand into Asean, India- AIEC
Kerjaya Prospek unit bags RM201.25 construction contract in Sungai Buloh
Oil drops as Trump calms Iran fears; tech stocks slide in Asia
Bank Negara's OPR expected to remain at 2.75% throughout 2026 - BMI
Ringgit edges up as softer US yields weigh on greenback�
Global trade finance gap at US$2.5 trillion as global trade tensions rise, ADB says

Others Also Read