NatWest Is Now Development Behavioral Biometrics Technology to Replace Banking Passwords

June 15, 2020 @ 1:15 pm By Samantha Hurst

NatWest announced on Monday it is developing behavioral biometrics technology that could replace banking passwords. According to NatWest, behavioral biometrics works by analyzing the unique ways a customer interacts with their device when making an online purchase. The technology then uses this information to confirm who is making the purchase and does not access or share any private data held on a device.

NatWest further revealed the development of behavior biometrics represents a major breakthrough in the application of biometric technology, and the banking group will be the first bank to test the technology specifically for the purpose of SCA compliance. While sharing details about the technology, Georgina Bulkeley, NatWest Director of Strategy and Innovation, stated:

“We continue to explore biometrics and how they can be used to make payments easier and simpler for our customers. The success of a pilot of this new technology demonstrates our ongoing commitment to developing innovative ways of enhancing customer experience while prioritising security.”

The behavior biometrics plans follow after NatWest’s successful pilots of biometric fingerprint technology with debit and credit cards which allowed payments of up to £100 to be verified using a fingerprint instead of PIN.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 28, 2026 vs Jan 1, 2025 - Oct 28, 2025

Number of Filings132Prior 127 +3.9%

Target Raise, Total$3.44BPrior $3.54B -2.9%

	This YTD	Year prior	Change
Filings	132	127	+3.9%
Target raise	$3.44B	$3.54B	-2.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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