Barclays and Hitachi developed a finger vein scanner

The Barclays Biometric Reader aims to simplify the process of providing businesses with access to their banking facilities

Barclays

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.

We’re committed to combating fraud. The new and improved Barclays Biometric Reader is much more portable and even more secure. Our clients are increasingly mobile and the advances we’ve been able to introduce will allow them to securely manage their accounts wherever they are. This device aligns with our aim to redefine Digital Banking by putting client experience at the core of everything we do, making it easier for our corporate clients to run their business
Martin Runow, Head of Digital Banking at Barclays Corporate Banking

The device will be available to Barclays’s Corporate Banking and Business Banking clients using its digital channels from early 2020.

SEE ALSO:

facebook