The Barclays Biometric Reader aims to simplify the process of providing businesses with access to their banking facilities
Barclays and Hitachi developed a finger vein scanner. Source: home.barclay
Barclays and Hitachi presented a finger vein scanner as a result of their collaboration. The scanner runs within infra-red technology that identifies users by scanning unique finger vein patterns.
A finger vein scanning is considered to be a more secure way of authentication than a fingerprint. In addition to that, users won’t need to remember any PINs or passwords. This way, the technology excludes the risk of PIN capture, identity fraud, or sharing of account data.
The scanner also provides users with a further safeguard against fraud by introducing a ‘Sign What You See’ activity screen. What is more, the clients won’t have to physically connect the scanner to their computer because it has built-in Bluetooth wireless connectivity.
The device will be available to Barclays’s Corporate Banking and Business Banking clients using its digital channels from early 2020.
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