BANK OF SCOTLAND BECOMES LATEST TO JOIN THE SELFIE BIOMETRIC SECURITY CRAZE
Lloyds Banking Group has become the latest financial institution to implement biometric security and join the selfie craze.
Its subsidiary, the Bank of Scotland, has launched a feature that allows its customers to open current accounts online using selfies to prove their identities.
They can use their mobile browsers to submit photos of both themselves and their identity documents to the bank without needing to download a dedicated app.
After completing the process, which only takes a couple of minutes, customers are informed of the results of their applications within two working days.
“We recognise the importance of simplifying our processes to allow customers to easily open a new personal current account from whichever device they prefer,” said Nick Williams, consumer digital director at Lloyds Banking Group.
“Today’s customers now expect an experience which is simple and efficient, and as they are increasingly digitally savvy they want to interact with us in a way that suits their busy and mobile lifestyles.”