Ally Bank, the direct banking subsidiary of Ally Financial Inc. (NYSE: ALLY), has introduced two new features for smart devices, including Touch IDÂ® for Ally Mobile Banking on iPhoneÂ® and an Androidâ¢ Wear ATM Locator app for smartwatches, the company said.
Additionally, Ally Bank said it is building the capability to support popular mobile payment services such as Apple PayÂ®, Samsung PayÂ® and Android Payâ¢. The first of these will be Apple Pay, which is in the advanced stages of development and will be coming soon to Ally Bank customers.
Touch ID for Ally Mobile Banking is a fingerprint identity sensor that offers a quicker, secure login process. Ally Bank customers can set up Touch ID to log in to Ally Mobile Banking with an iPhone 5s or later, iPad Proâ¢, iPad AirÂ® 2, or iPad miniâ¢ 3 or later. Once activated, the feature will allow customers to access their account information through the mobile app without the additional need for a passcode.
Ally Bank offers a straightforward approach to banking with no minimum deposit required to open an account, no monthly maintenance fees and 24/7 live customer service. A subsidiary of Ally Financial Inc., the Bank offers online savings, interest checking, money market accounts, certificates of deposit with terms ranging from three months to five years, and IRA Plans.