Barclays to launch finger vein scanners

By Daniel Schäfer in London

Barclays has become the first UK bank to launch scanners that identify customers by their fingers’ unique vein patterns, as the lender seeks to ramp up its fight against cyber crime and fraud.

Biometric finger vein readers will be offered to corporate clients for a fee from next year, enabling them to access their online bank accounts and authorise payments quickly without the need for a PIN number or password, Barclays said.

Copyright: The Financial Times Limited 2014.

Full article at: http://www.ft.com/cms/s/0/cf707970-3448-11e4-b81c-00144feabdc0.html