Brits back biometrics for banking authentication
29 July 2014 | 14217 views | 8
More than half of Brits want their banks to integrate fingerprint biometric authentication technology into their digital services, according to a survey.
The iPhone 5s and Samsung Galaxy S5 have helped to acclimatise Brits to biometrics over the last year through their fingerprint scanners. Of 2000 people polled for vendor Intelligent Environments, 79% say that they are ready to ditch their passwords in favour of biometric security measures.
Fingerprint scanning is the most popular biometric authentication method, favoured by 53%, followed by iris scanning on 33%, facial recognition on 30% and ECG heartbeat monitoring on 29%.
The least popular method is voice verification, cited by just 27% of respondents despite being the only one of the options in use by a major UK bank - Barclays began rolling it out recently at its call centres.
Clayton Locke, CTO, Intelligent Environments, says: "In the battle of the biometrics, it's not surprising that fingerprint scanners come out on top as more people are getting used to them being built into mobile devices. But what the Future Password Index really reveals is the consumer demand for these technologies."
Both Samsung and Apple have already opened the door to their fingerprint scanners for payments. Samsung has a deal in place with PayPal that lets Galaxy S5 users tap the handset's scanner to make payments at online and in-store merchants, while Apple has launched a Touch ID API for developers.