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At present, the only other banking-related application that iris scanning is compatible with is Samsung Pay. However, Samsung is hoping to bring the technology to more financial apps later this year.
“Last-minute preparations have been underway to link our mobile banking services to the iris-recognition capability of the Galaxy Note 7,” said a Kookmin Bank official.
Unfortunately, a specific date of availability hasn't been provided as of yet. Although, a representative of the bank did reveal that the functionality is expected to go live in the not-too-distant future.
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