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Bank of America, Samsung pilot iris-scan logins

American Banker – “This month, Bank of America will begin piloting technology from Samsung that lets customers log in to mobile banking by taking a picture of their eye. The pilot is part of a broader effort to gauge customers’ affinity for various forms of biometric authentication, says Michelle Moore, head of digital banking at Bank of America. “One thing we know we need to work on with our customers is, even in today’s day and age of digital natives, there are questions about safety and security,” she said. Biometric solutions are part of the answer. The bank is studying what other companies are doing, inside and outside the financial industry, and it’s learning what customers want. Moore says it is not about chasing the next thing. Introducing new biometrics tools helps to advance the bank in building a digital identity for its customers that will make authentication easy…”

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