Major US bank Wells Fargo has revealed details of a biometric app it has developed using face and voice recognition.In an interview with Fortune, staff told the business magazine that the app will be launched to the general public as early as next year.Secil Watson, a Wells Fargo executive vice president and head of the bank's wholesale Internet services, told the magazine that New York City-based SpeechPro helped develop the mobile app.Andy Foote, a Wells Fargo vice president and strategist, told the magazine that customers felt more comfortable with the bank storing their biometric data in its own servers rather than their phones. He stressed that all that user data stored in Wells Fargo is encrypted and even padded with fake data.He also noted an upcoming application that would identify someone using video analytics for facial recognition, rather than a still.”Developers have found an algorithm that allows them to match lip movement to specific numbers,” said Foote as he explained how the system could recognize a person based on their voice and how it syncs up their mouth when they talk.In December, Wells Fargo Bank become the latest financial institution to join the FIDO Alliance, which includes Bank of America, Visa International, Discover Financial Services, MasterCard, and PayPal, among others.

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