Media Release

BankSA has launched new technology which allows customers to securely logon to mobile banking on their iPhone by using the fingerprint sensor, known as Touch ID.

The new technology will add further security and ease of use for the increasing number of customers using smart phones to do their banking on the go.

BankSA Chief Executive, Nick Reade said by using existing technology from fingerprint enabled phones, customers can now securely log on to mobile banking with just a touch of their finger.

“We are seeing a large shift in customer behaviour towards digital, mobile and tablet banking and the pace of this shift is accelerating,” said Mr Reade.

“That’s why the launch of Touch ID for mobile banking is such an important advancement for these customers and for the industry more broadly,” he said.

“We’re excited to be at the forefront of innovation, providing quicker and easier ways for our customers to do their banking.”

The finger-sensor technology will be one option for customers wanting to login to mobile banking.

The home-screen of the BankSA mobile banking application will have an option to securely use Touch ID or alternately enter other security credentials, such as a security code or access number and password.

The availability of Touch ID technology for mobile banking coincides with the release of Apple’s IOS8 operating platform, with customers now able to download the updated version of the BankSA mobile banking application.

The fingerprint logon for mobile banking will also be extended to the Android-based Samsung Galaxy S5 in the coming months.