Recently, BankID in Norway launched the new BankID app with biometrics. Due to its technical advancement, not only is the app significantly more secure than the old mobile BankID, but it also improves the user experience.
A record number of users have downloaded and started using the Norwegian BankID app and they are starting to expect businesses to offer the option on their websites or applications.
According to BankID, there are currently 1.2 million active users of the BankID app. Not only has BankID seen a huge rise in downloads, but around 1 million users have also downloaded the apps offered by Danske Bank, SpareBank 1, and Nordea. Since the BankID app functions the same way as the ones offered by the banks, they are both important in changing user authentications from mobile to the app.
Are you interested in the BankID app and want to know how to get started?
Improving the security and user experience with biometrics
The BankID app has shown both users and companies that the app has a lot to offer. User authentications with the BankID app are highly efficient and take under 10 seconds, allowing users to log in or verify themselves wherever they can with the limited waiting time. This is possible because of the option of finger or facial recognition as a method of authentication, which quickly sends the user through the verification or login process. In comparison, authentication through mobile BankID (without biometrics) takes up to 30 seconds. Furthermore, the use of passwords will become less frequent and will mostly occur for digital signatures.
Using biometrics enhances the user experience and efficiency and increases the security of authentications. Since users authenticate themselves with one of their unique physical features (fingerprint or face), it ensures that only the users themselves can log in.
