FNB is launching a number of new features in its banking app, including the ability to register for an account by taking a selfie.<\/p>\n
This is according to FNB CEO Jacques Celliers, who hosted a media event in Johannesburg this morning to unveil the features.<\/p>\n
This follows the bank launching a new online platform<\/strong><\/a>\u00a0– called “nav>> Car” – in 2017 which allows users to renew their car’s licence disc by scanning the disc with their smartphone and paying for the renewal in the app.<\/p>\n FNB said it now has 180,000 vehicles registered on its nav>> Car platform and has renewed 11,000 licence discs since launch.<\/p>\n nav>> Car also let users manage vehicle payments, such as traffic fines and financing.<\/p>\n FNB has now expanded its online toolset with the launch of Switch with a Selfie, a feature which is available to personal and business customers.<\/p>\n By taking a selfie using the tool in the FNB banking app, users can sign up for an account and credit card with FNB.<\/p>\n The app sends biometric data from the image to the Department of Home Affairs and checks the information against the user’s records to verify their identity.<\/p>\n Users can then use the in-app messaging system and calendar to choose the account they wish to open and select a date and time for their card to be delivered to their house.<\/p>\n All verification using the Switch with a Selfie system is paperless, removing the need for proof of address and ID document scans.<\/p>\n Opening an account using the tool requires the user to have an active email address and South African citizenship, and can take less than one minute, said the bank.<\/p>\n FNB said its main objective with the enhancement of its online platform is to increase the effectiveness of its app by delivering features which make customers’ lives easier.<\/p>\n FNB’s new nav>> Money tool will allow customers to better manage their monthly spend, from tracking upcoming payments to monitoring their overall income and expenses.<\/p>\n It includes a Track My Spend feature, which shows users how much money is flowing into their account, checking it against known upcoming payments, and monitoring expenses.<\/p>\n The feature will allow customers to see where they are overspending or using credit sub-optimally, and will deliver money management tips to customers.<\/p>\n The app will also include a My Credit Status tool which intelligently monitors the customer’s credit status, showing them how they are currently ranked and how they can improve their credit score.<\/p>\n Celliers said the data FNB collects on its customers allows it to help users improve their money management skills and leverage a team of experts to provide them with sound financial advice.<\/p>\n FNB said it will also launch a number of new baking app features later this year, including an FNB Pay integrated smart payment service.<\/p>\n FNB Pay will allow businesses and retail customers to scan a QR code and make a payment directly from their FNB profile.<\/p>\n The bank has integrated with numerous platforms to allow easier QR code payments without the need to create separate profiles, it said.<\/p>\n Paying for items using wearable technology will also be available in the coming months.<\/p>\n This will allow customers to purchase products by tapping a compatible wearable device on a payment point after setting it up in the FNB app.<\/p>\n Additionally, the bank said new customisation and funding features, and virtual credit and debit cards, are set to arrive later this year.<\/p>\n FNB added that it would further implement an enhanced fraud management system, improving its ability to combat and efficiently deal with fraud.<\/p>\n FNB is launching a number of new features in its banking app, including the ability to register for an account by taking a selfie.<\/p>\n","protected":false},"author":23,"featured_media":142910,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[10106],"tags":[12819,50841,6535,1313,35,50839],"class_list":["post-260277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-banking-app","tag-biometric-verification","tag-department-of-home-affairs","tag-fnb","tag-headline","tag-switch-with-a-selfie"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/260277"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=260277"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/260277\/revisions"}],"predecessor-version":[{"id":260285,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/260277\/revisions\/260285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/142910"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=260277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=260277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=260277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Selfie banking<\/h3>\n
nav>> Money<\/h3>\n
FNB Pay<\/h3>\n
Now read:\u00a0FNB unveils eWallet eXtra mobile bank account<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"