A UK bank is testing credit cards which use fingerprints to verify transactions

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The way people bank and pay for goods and services is changing at a fast pace.

In the U.K., the last few years have seen a step change in the way people bank, with contactless payments becoming increasingly popular.Major U.K. bank NatWest has started a three-month trial of a biometric credit card.and digital security firm Gemalto, and involves 150 customers.

At ATMs, cardholders will still need to enter a PIN. The card can also be used for buying goods online and works with current contactless and Chip and PIN devices, the bank added. In a statement Monday, Georgina Bulkeley, NatWest's director of innovation, said the biometric debit card pilot had been successful and that the bank was now "looking to test the technology further with credit cards."

In the U.K., the last few years have seen a step change in the way people pay for things. According to U.K. Finance's UK Payment Markets 2019

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

just tap the golden box🤠

About to rob a bank mission impossible style with a rubber glove a fingerprint from a winter glass

woye1 BBoason

That's basically an admission touch payments have been rife with fraud. It worked fine with a pin code. I'm not comfortable with a bank holding biometric data.

How do you check for stolen finger prints as in getting onto the card from a returned-phone?

..Awh from Police files?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in LOANS

Loans Loans Latest News, Loans Loans Headlines