Tangerine launches new iOS mobile app decked with security features

Tangerine is boasting its new Mobile Banking App comes with some first-to-market innovations meant to increase the security and ease of use of their iOS app. The new features include EyeVerify, VocalPassword, and In-App Secure Chat. EyeVerify introduces eye scanning technology into the app. It makes use of Eyeprint ID technology for quicker client identification. VocalPassword, developed by Nuance, makes use of voice authentication technology and requires you to just say a simple phrase to get access into your account. The app also introduces Secure Chat for mobile, saying they’re the first to bring fully-authenticated chat using Genesys technology and made in partnership with IBM. It lets you use the app to do things like change addresses or make a lump sum payment on their mortgage. An Android version of the app is said to arrive in the coming months.

Twitter partners with French bank to allow for money transfers through tweets

In a move that’ll help them generate more income outside of advertising, Twitter has partnered with French bank Groupe BPCE to let its customers transfer money via tweets. Considered the second largest bank by customers in France, Groupe BPCE said they would allow simple person-to-person money transfers on the social network to its French consumers, regardless of the banks they use and without requiring the sender to know their recipient’s banking details.

The bank’s S-Money service will administer the payments. This service allows money transfers via text message and makes use of credit card industry’s data security standards. No further details have been divulged ahead of their news conference in Paris on Tuesday.

Source: Reuters