Capital One has made there own two factor authentication

Capital One (bank) pushed out an app for two factor authentication, called SwiftID.  It sat least a step forward for a bank to authenticate its users but…I wonder if its a proprietary implementation or if its using something like oauth under the hood.

http://techcrunch.com/2015/10/23/capital-one-launches-swiftid-a-way-to-bypass-security-questions-with-just-a-swipe/?ncid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29