Mouthing off to finally pay off
One of Australia’s biggest banks, ANZ, has announced that it will be introducing voice recognition as a security measure within its smartphone banking apps sometime in the mid-year.
The new security measure will apply to transactions over $1,000. Currently, customers have to visit a physical branch or use internet banking to make transactions over $1,000, but with the introduction of voice biometrics to the bank’s goMoney app, users will be able to authorise these payments with their voice.