FINGER VEIN SCANS TO BEAT ONLINE BANK ACCOUNT FRAUD
September 1st, 2014
JAPANESE electronics giant Hitachi is partnering Barclays Bank to trial finger vein pattern scanning for Barclays' UK business customers to access online accounts starting 2015.The Barclays Biometric Reader, incorporating Hitachi VeinID technology, lets customers scan a finger to access accounts and authorise payments without needing a personal identification number (PINs), password or authentication code. Nearly a quarter of UK bank customers store PINs and such data on their mobile phones and tablets, a target for hackers.Vein patterns are hard to replicate, ...
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