MADRID, 5 Ago. (EUROPA PRESS) -
BBVA already allows customers in Spain to sign all banking operations using the biometrics registered on their mobile device, as reported by the entity in a statement.
From now on, users will be able to use their fingerprint or their own face to sign banking operations, which until now had to be carried out via SMS, such as transfers, consultation of movements beyond three months or access to the bank through digital channels every 90 days.
Since June 2021, BBVA has already offered its customers in Spain to sign some banking operations using the biometrics registered on their mobile, such as paying in online stores, turning the cards off or on, or checking the CVV.
The bank stated that, in this way, it becomes the "first financial institution" in Spain to offer biometric authentication. He also explained that this system can "accelerate" the management of procedures and suppose a "higher level of security", as it is considered a protection against possible fraud.
Since its implementation, the entity pointed out that more than 50% of its clients access with biometrics, while 10% of them already sign their operations using these biometric systems. The entity's goal for 2022 is for around 70% of customers to use this tool to access BBVA.
The bank stressed that "in no case" does it store or process the biometric information registered by customers on their devices.