Bank of America Merrill Lynch announced new enhancements to CashPro Mobile, which includes fingerprint and facial recognition technology along with an integrated token to fasten- yet secure -the access to payment approvals for its corporate users.
With the new integrated token feature, users will no longer have to jump from the mobile app or token app or carry their physical token. The biometric authentication simplifies and secures log-ins than passwords.
“Many factors are at play in the growth of mobile adoption and the demand for more robust features in mobile apps. Top among them is the expectation treasurers bring from conducting mobile banking for their personal finances.
“The new features on CashPro Mobile allow corporate treasurers to conduct their business banking anywhere, anytime, in a secure, more simplified way,” says Hubert Jolly, head of financing and channels for Global Transaction Services (GTS) at BofA Merrill.