Tuesday, November 3, 2015

Wells Fargo Wants To Let You Make Million-Dollar Wire Transactions With Your Face And Voice

"My voice gives me access to proceed, please verify me," I announced to the phone in my hand. It scanned my face to see if my lips were moving. Next, I read aloud series of numbers. The voiceprint was a match, and the app unlocked itself - the demonstration was a success. The members of Wells Fargo's Wholesale and Payments team around me let out a sigh of relief. They then proceeded to show me how their new, experimental, biometric-based commercial banking app would make life easier for their customers. It would also now make it possible for them to "make a 10 million dollar wire transaction" on the go.

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