UK banking group NatWest announced on Wednesday the launch of its new biometric fingerprint card. NatWest reported that customers may now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required. As well as retaining contactless functionality, the fully integrated card can be used as normal in ATMs, the post office and for digital banking. NatWest revealed:
“A fingerprint is registered onto the bank card and this can be done in a customer’s own home using new technology. Once a fingerprint is locked onto a card it cannot be changed. The fingerprint is only held on the card and not centrally by the bank with each transaction verified using data which is encrypted and stored locally on the card. The new cards work with existing contactless and Chip and Pin terminals meaning shops will be able to accept payments without updating their technology.”
While sharing more details about the card, David Crawford, Head of Payments NatWest stated:
“We are using the very latest technology across our business to make banking easier for our customers and biometric fingerprint cards are one of the many technologies we are exploring further. This is the biggest development in card technology in recent years and it’s great to finally see the cards in the hands of our customers.”
NatWest went on to add that it is working closely with digital security company Gemalto and Visa to bring the service to customers in the UK.