Three South Korean banks to use Samsung’s Bixby

Seoul, June 2 (IANS) Samsung Electronics Co on Friday said that it has reached an agreement with three South Korean banks to allow users banking services via its Artificial Intelligence (AI)- based voice command programme, Bixby.

The South Korean tech giant said under the project with Shinhan Bank, Woori Bank and KEB Hana Bank, users can ask the Bixby to display bank accounts or make financial transactions through voice, Yonhap news agency reported.

Users with a Woori account can also make currency exchanges via Bixby. The programme was first adopted on Samsung's latest flagship Galaxy S8 and S8+ smartphones.

The service connects to the mobile transaction app "Samsung Pay" and the biometric authentication programme "Samsung Pass".

If a user makes an order to Bixby by voice, it will connect to financial platforms registered to "Samsung Pay" and make verifications via "Samsung Pass".

Users need to make verifications through iris screening when making financial transactions.

The latest update was expected to simplify financial transactions as users no longer need to use the one time password (OTP) system.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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