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Comments: (4)

Raymond Lee
Raymond Lee - PHOS - London 14 July, 2015, 13:371 like 1 like

"From today people can authorise payment simply by using their fingerprints, with the NFC chip on their phone communicating with TfL readers on the London underground, buses and rail networks.".. not true!! There is no need to do this. You just have to tap and pay. No need to authorise. 

Going to be interesting how many phones get damaged doing this of course. 

A Finextra member
A Finextra member 14 July, 2015, 14:15Be the first to give this comment the thumbs up 0 likes

Thanks for that clarification Raymond. Phone is in passive, card emulation mode for the TfL use case. I combined two use cases in one sentence, got a bit ahead of myself there!

Alistair Newton
Alistair Newton - Gartner - unspecified 14 July, 2015, 16:371 like 1 like

Well when I used it this morning in London for a number of trips, it certainly forced me to use TouchID to authorise when I tapped in and out...not the most elegant or quick process and I wasnt the most popular commuter with fellow passengers - certainly took longer than using an Oyster card or a contactless payment card.... 

A Finextra member
A Finextra member 14 July, 2015, 16:45Be the first to give this comment the thumbs up 0 likes

Alistair Newton, congrats on being one of the first to use the system and thanks for the update. Sorry to hear that's the way it is working. However, better safe than sorry. The important thing is it's up and running, something we've been trying to achieve for a decade now. Great to hear of your experience!

Charmaine Oak

Charmaine Oak

Co-Founder/Director

Shift Thought Ltd

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.


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