CBA Launches Facial Recognition
Commonwealth Bank of Australia wasted no time in utilizing the facial recognition tech on the new iPhone X.
Commonwealth Bank of Australia (CBA) is the first Australian bank to offer customers secure access to their accounts using Face ID, the facial recognition technology built into Apple’s newest device.
With immediate effect CBA customers who are iPhone X users will be able to use Face ID to securely log-in to the CommBank App, the firm said in a press announcement. Currently customers use secure fingerprint logins on the CommBank App about 30 million times a month.
Customer Security Guaranteed
Face ID is one of the most secure ways to log into an account because it performs in-depth mapping of an individual's face using more than 30,000 points of reference.
«We don't implement new technology without being able to guarantee security for customers,» said Pete Steel, executive general manager of Digital at CBA.