Bank of America Launches QR Sign-in for CashPro

Bank of America yesterday announced the launch of QR sign-in for CashPro, a development that makes it easier for companies to access their payments, cash management and trade finance operations. The bank's CashPro users now have the option to sign into the website using their mobile device by scanning a QR code and their biometrics via the CashPro App, replacing the need to manually enter password credentials.

"QR sign-in is a technology that's familiar to our clients from their personal lives, and now they can use it to seamlessly access CashPro," said Tom Durkin, global product head for CashPro Platform in Global Transaction Services (GTS). "The technology kicks off a schedule of enhancements we plan to introduce to CashPro over the next 18 months that will further improve the simplicity and security of our award-winning platform.”"

With their mobile device, a user scans the QR code that is presented on the Online screen, after which the user scans their biometrics to log in.

Mobile authentication is the first of a series of enhancements for CashPro aimed at reducing the reliance on traditional forms of user credentials and making the user experience simpler and more secure.