HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) has officially launched Touch ID, a fingerprint recognition technology enabling corporate clients to easily and securely access their accounts to view account balances and recent transactions with the HSBCnet Mobile app.

Nguyen Thi My Hanh, head of Global Liquidity and Cash Management of HSBC Vietnam said the bank had pledged to invest US$2.1 billion into digital transformation by 2020 and it was on track to achieve that goal.

The Touch ID log-on facility, compatible with Apple mobile devices, is currently available for corporate clients of HSBC in Viet Nam. The function will allow clients to view account balances and recent transactions with greater convenience and safety, wherever they are in the world.

HSBC’s introduction of Touch ID is part of the company’s long term digital development strategy. In late March, HSBC Viet Nam signed a co-operation agreement with Viet Nam’s Customers Department to launch e-customer payments that allow HSBC customers to experience a more convenient customs payments process online. This follows a partnership with the Department of Taxation to launch an online tax payment platform in December 2015. — VNS