Amazon’s Alexa May Be Able to Pay Your Bills

Posted June 27th 2016


via Fortune

Alexa, the Amazon (AMZN -1.50%) Echo’s virtual assistant, may soon be able to pay your rent. Citigroup (C -3.25%) is testing Amazon’s voice recognition technology as part of an upgrade to its mobile banking app. Another gee-whiz feature that Citi is planning on adding to its app: the ability to log into your bank account using your face.

Biometrics is one part of a larger upgrade of its mobile banking app that Citi is planning on releasing in the fourth quarter. At first, though, the bank is only giving access to the new app to its Citigold customers, before rolling it out to the rest of its customers. Heather Cox, who runs Citi Fintech, said the bank also is close to inking partnerships with a number of fintech start-ups in order to add peer-to-peer payments and other functions to its app. Cox said she was not ready to announce what start-ups Citi might partner with.