Dutch mobile bank to employ hand recognition software

Dutch mobile-only bank bunq announced today it will employ hand-recognition software on its banking app.

Developed by VeridiumID, 4 Fingers TouchlessID captures four fingerprints at once, bringing increased reliability and precision, bunq founder and CEO Ali Niknam explained.

CEO Ali Niknam

CEO Ali Niknam

“Our commitment to giving people control over their money again requires the latest technology and biometric authentication solutions. With 4 Fingers we guarantee an easy-to-use and safe banking experience in which users have access to real-time data.”

“VeridiumID is flexible, secure, and extendable, allowing bunq to scale to millions of users across Europe as it continues to expand its country coverage,” Veridium COO Todd Shollenbarger said.

bunq business customers pay per use and there are no fees charged when opening an account.