Overwhelming use of smartphone and phenomenal growth in internet user worldwide. Smartphone usage for all the users need is mandatory now-a-day, mobile banking is not an exception for it. Most of the banks extend mobile banking to include a full complement of transactional and interactive services. These security challenges are varied and increasing in number due to huge amount of money flowing across the consumers and banks. Banks are searching for various types of options to preserve privacy of user and protect them from several attacks. In this paper, the authors focus on smartphone mobile banking with providing two factor biometric authentication for a smartphone mobile user i.e. username and password and face recognition.