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RETAIL BANKING | , Singapore

OCBC launches face recognition in banking apps

Over 120,000 mobile banking app users are expected to use the new technology.

OCBC Bank launched in-app technology OCBC OneLook, a facial ID technology, for its customers with consumer and mobile banking applications.

According to a press release, the technology is the first service in Singapore that will use the Face ID that was launched along with the Apple iPhone X recently.

OCBC OneLook has been set up for the banks' applications OCBC Mobile Banking, OCBC OneWealth, OCBC Business Mobile Banking, and OCBC Pay Anyone.

Customers have to perform a one-time activation for OCBC OneLook on the OCBC mobile apps on their iPhone X.

Over 120,000 Singapore-registered users of OCBC Bank’s business internet banking portal, Velocity@ocbc, are expected to use the technology.

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