Kookmin Bank will be the first to support the Galaxy Note 7′s iris scanner as a form of authentication
Customers of one South Korea’s largest banks, Kookmin Bank, will be pleased to hear that they will soon be able to use the Galaxy Note 7′s iris-recognition technology to access their mobile banking services. At present, the only other banking-related application that iris scanning is compatible with is Samsung Pay . However, Samsung is hoping to bring the technology to more financial apps later this year. “Last-minute preparations have been underway to link our mobile banking services to the iris-recognition capability of the Galaxy Note 7 ,” said a Kookmin Bank official. Unfortunately, a specific date of availability hasn’t been provided as of yet. Although, a representative of the bank did reveal that the functionality is expected to go live in the not-too-distant future.