Daon‘s flagship biometric authentication platform is being used in another bank’s mobile banking app, this time in Sri Lanka: Nations Trust Bank has announced that the technology is being used for user authentication on two of its mobile apps.

One of them is Mobile Banking, a relatively straightforward mobile banking app designed to let Nations Trust Bank customers do things like pay bills, transfer funds, apply for loans, and so on. The other app, FriMi, is designed to be its own, 100 percent mobile banking service, with customers able to sign up online with no need to visit a branch. From there, they can send and receive money between other banks and even users who don’t have FriMi accounts. Read more…