Home applications BCR allows logging into the internet and mobile banking with Touch ID

BCR allows logging into the internet and mobile banking with Touch ID

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septum. 23, 2015, 1:50 PM

BCR allows logging into the internet and mobile banking with Touch ID, a first for Romania, those from BCR being the first to have the "courage" to offer support for the most secure method of logging in mobile terminals and applications.

application eTokenBCR allows logging in with Touch ID in the application Touch 24 Banking BCR to access all user account data, but also to authorize bank transfers made from your accounts, the two applications being interconnected to authenticate you.

In the case of the internet banking platform 24 banking BCR, the application eTokenBCR automatically generates an authentication token in the BCR website based on your fingerprint scan, so you will completely forget about the devices that physically generate these tokens.

In practice, the support now implemented by BCR in the applications eTokenBCR si Touch 24 Banking BCR completely eliminates the need to use devices that generate tokens and they will not have to remember complicated passwords for accounts.

BCR offers for the first time the use of Touch ID for internet banking and mobile banking

Touch ID was launched by Apple together with the iPhone 5S in 2013 and US banks did not wait too long to provide support for the system, and now we are happily witnessing the implementation of support for the system including in our country, and I think that it will only be the beginning.

BCR claims that its applications for mobile terminals have generated 200.000 downloads since their launch and until now, 60.000 of which were generated only in the first half of 2015, so the interest in them is growing.

Although the compatibility of eTokenBCR with Touch ID is promoted mainly with iPhone terminals, in reality the application for iPad can also use a fingerprint to allow you to access the 24 banking portal of BCR bank, so it is not absolutely necessary to have an iPhone to benefit from the new facility.

In order to be able to benefit from the use of Touch ID for logging in via eTokenBCR in Touch 24 Banking BCR and the 24 banking web portal, you will have to visit a BCR unit and ask to activate the system, the bank requiring the account holder to go in person to a representative for activation.

Logging in with Touch ID in the BCR and 24 banking applications can:

iPhone 5S;
iPhone 6;
6 iPhone Plus
iPhone 6S;
iPhone 6S Plus;
iPad Air 2;
iPadMini3;
iPad Mini 4.

Having said that, here we see the first steps taken towards the adoption of safer technologies for bank applications in Romania and I can only praise the initiative of those from BCR, waiting for other banks to take similar steps, including allowing mobile payments through Apple Pay future.

From everything I told you above, the terminals that have jailbreak are an exception, the eTokenBCR application refusing to work with jailbroken terminals.

What is your opinion about the initiative of the BCR and what is your opinion about the implementation of Touch ID in the applications of the other banks in Romania?

BCR launches the Touch ID login option for Internet and Mobile Banking, for the first time in Romania

Bucharest, September 23, 2015 - Banca Comercială Română (BCR) launches, for the first time on the Romanian market, especially for its customers, authentication functionality for BCR internet banking and mobile banking solutions through the eToken application using the option touch ID, exclusively for Apple terminals.

BCR customers with an iPhone 5S (or newer) will be able to access, free, the mobile banking application (www.bcr.ro/mobilebanking) in just a few seconds, using fingerprint recognition technology. Thus, customers no longer have to remember complicated passwords and can access their accounts, in just a few seconds, from their mobile, in a fast and secure way.

"BCR continues to invest sustainably in providing quality services to its customers, and improving our customers' experience when accessing 24 Banking digital services remains a constant concern of ours as a core element of BCR's digital strategy. The introduction of this solution demonstrates, once again, our commitment to be pioneers in offering innovative solutions to our customers, solutions that transform the experience that the customer has when interacting with the bank into one that is convenient, friendly and with a degree of complete security". stated Marian Ignat, Executive Director of Digital Banking, BCR.

BCR has over 700.000 customers enrolled in 24 Banking services, and in the last year, the number of those using the mobile banking service has doubled, a fact that is also reflected in the number of over 60,000 downloads of the mobile banking application in the first semester of 2015. Also, the number of invoices paid by BCR customers through mobile banking registered an increase of almost 200% compared to 2014.

Since the beginning of 2015, BCR has developed and improved a good part of the services and products in the digital area.

"We integrated Touch 24 Banking with eToken (the smartphone app that replaces the classic token), so our customers can quickly log into their 24 Banking account directly with the eToken, without closing or opening other apps." stated Cristian Mustață, Head of Digital Strategy department, BCR.

Starting in June, BCR offers its customers the option to save personal templates directly from the Touch 24 Banking app and the BCR credit card debt repayment template, using only the static password.

"We continue to innovate, so that, starting this week, BCR customers have personalized credit offers in their internet banking account that they can opt for directly online. In a very short time, the same offers will also be available in the mobile banking application", says Cristian Mustață, Head of Digital Strategy Department, BCR.

Investment in technology, development and innovation in the area of digital banking has been and will be a continuous concern for BCR and that is why the bank has also invested in the training of staff dedicated to this area. At the moment, there are more than 150 "Digital eXperts" in BCR units, advisors who are ready at any time to answer customers' questions, provide support, take feedback directly from them and propose future improvements for the services offered by the bank .

Banca Comerciala Romana (BCR), a member of Erste Group, is the most important financial group in Romania, including universal banking operations (retail, corporate & investment banking, treasury and capital markets), as well as leading companies on the leasing market , private pensions and housing banks. BCR is the No. 1 bank in Romania by the value of assets (14,4 billion EUR), the No. 1 bank by the number of customers and the No. 1 bank in the savings and lending segments. BCR is the most valuable financial brand in Romania, according to the degree of trust of the clients and according to the number of those for whom BCR is the main institution with which they do banking.

BCR offers the full range of financial products and services through a network of 21 business centers and 23 mobile offices dedicated to companies and 509 retail units located in most cities throughout the country with over 10.000 inhabitants. BCR is the No. 1 bank in Romania on the market of banking transactions, BCR customers have at their disposal the largest national network of ATMs - almost 2.000 cash machines and POS - 13.500 terminals for card payments at merchants, as well as complete Internet banking services , Mobile Banking, Phone-banking and E-commerce.

Erste Group is one of the main providers of financial services in the Eastern European Union. 46.500 employees serve 16.2 million customers in 2.800 branches in 7 countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia). At the end of the first quarter of 2015, Erste Group had total assets worth EUR 202,6 billion and recorded a cost/income ratio of 56,1%. The common capital index of rank 1 (Basel 3 fully implemented) stood at 10,2%.