State Bank Of India

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SBI to launch ‘multi-modal’ biometric authentication: Report

Date: 24-08-2018

State Bank of India (SBI) will reportedly launch ‘multi-modal’ biometric authentication for its mobile applications. The authentication would be either by voice-recognition, fingerprint or face recognition software on the bank’s server.

Further, the bank plans to use biometrics for various mobile-banking products including Unified Payments Interface (UPI) transactions and mobile wallets.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.