Samsung’s Galaxy S8 will be used in a Bank of America pilot program involving 1,500 employees from both companies, to test the handset’s iris scanner for use with mobile banking services.
Samsung and Bank of America (BoA) are teaming up for a pilot program using the new Galaxy S8 flagship phones. The trial will involve the use of the iris scanner on the handsets, to assess its potential for securely authenticating access to mobile banking services.
Michelle Moore, BoA’s digital banking chief, told American Banker that the pilot scheme is part of a wider effort at the bank to explore the use of biometrics and other technologies. She explained:
BoA is also exploring the use of facial scanning and voice recognition technologies. Many BoA customers are no strangers to biometric authentication; over half of those who use mobile banking are already accessing and managing their accounts with fingerprint scans.
As part of the pilot program, around 1,500 BoA and Samsung staff will test the iris scanner on the Galaxy S8 and S8+ with mobile banking services. Moore said that a pool of employees will be selected to accurately represent the demographics of the bank’s customers.
Samsung is already working with British bank TSB to introduce iris scanning support to its mobile banking app from next month.
Shortly after the Galaxy S8’s launch earlier this year, it emerged that the handset’s iris scanner could be ‘defeated’ with the use of a printed photo and a contact lens. Samsung later dismissed that technique as unrealistic, and said that it was « hard to see [it] happening in real life ».
Source: American Banker
