Banking apps: What are they and how do they work? (BBC News)

The BBC’s Personal Finance correspondent Simon Gompertz looks at the rising popularity of banking apps. He visits the Atom Bank based in Durham and demonstrates how it deals with online security.

Atom Bank has deployed Daon’s IdentityX platform to enable mobile biometric authentication via their innovative mobile app. Atom customers will be able to choose between face and voice recognition to access their accounts. Logging into your bank doesn’t have to be cool or sexy, it just has to be simple. That’s what Atom Bank is promising and… it helps if it’s cool!

Click here to watch a short video demonstration.