By Rizal Raoul Reyes
Ayala-led Bank of the Philippines Islands (BPI) has announced the launch of its new mobile app designed to provide easier access and safer mobile banking access to their clients.
?We adopted a crisp and minimalist design for our app, focusing on remarkable user experience. Our promise is really a better digital banking experience, faster and easier, more secure and more reliable,? Noel Santiago, group head of BPI Electronic Channels said in a press briefing held in Makati City.
Santiago said the new BPI mobile app, which will become available in Google Play and Apple App Store on May 15, has added more built-in security features, including One-time PIN and biometric log-in.
Santiago stressed that the One-time PIN is a security cover for money transfer, paying bills, and making adjustments in the account. The PIN is sent to the client?s mobile phone which the client has to key in before completing his or her request.
As for the biometric log-in, a client only needs his or mobile device to scan his or her fingerprint or use the camera for facial recognition to quickly access his or her account.
?These security features will certainly give our clients more peace of mind, knowing that their money is safe and that transactions are more secure,? Santiago said.
?You can say that facial recognition and fingerprint scanning are cool features, too. You don?t have to key in your password or even remember them. Transactions are therefore faster and certainly more secure,? Santiago added.
He said banking technologies have a changed a lot. For instance, he said facial recognition used to be seen in science fiction movies. But now, he said it is a reality to help clients in their banking transactions.Santiago also noted that the new digital platforms are just the start of the newer and exciting things to come for the 166-year old bank?s clients.
