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Barclays Beefs Up Banking Security With Next-gen Finger Vein Scanner

Duncan MacRae

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Barclays finger vein scanner

A ‘Sign What You See’ activity screen provides additional security against latest known threats, according to Barclays.

Barclays has launched an enhanced finger vein scanner, which it hopes will help businesses access their banking facilities “securely and simply” in seconds.

The Barclays Biometric Reader (BBR), developed in collaboration with Hitachi, uses infra-red technology to identify the user by scanning their unique finger vein patterns. Even more secure than a fingerprint, this innovation removes the need to remember PINs or passwords and eliminates the risk of PIN capture, identity fraud or sharing of account details.

The new device is said to improve on the first version by introducing a ‘Sign What You See’ (SWYS) activity screen that provides a further safeguard against fraud. The screen displays written instructions to the user describing the activity being authorised, offering an additional layer of security in case their computer was compromised and a fraudster had manipulated the details of the activity needing authorisation.

Another key development is Bluetooth wireless connectivity. Barclays believes this enhancement makes it easier for users to manage their banking without having to physically connect the scanner to their computer.

Despite the introduction of the activity screen and wireless connectivity, Hitachi has been able to make the new device smaller than its predecessor by adapting the technology used to scan the finger vein. These enhancements have been designed in response to direct feedback from clients around the need for technology that fits with their increasingly mobile working patterns.

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The technology behind the finger vein scanner is Hitachi’s VeinID. There is no public record of the user’s vein pattern and Barclays does not hold the vein pattern on its systems. Barclays’ digital banking system iPortal, which provides a single access point and sign-in for all services, has been designed to fully interact with the BBR.

The new device will be available to Corporate Banking and Business Banking clients who use the bank’s Barclays.Net and iPortal digital channels from early 2020.

Jamie Grant, head of Corporate Banking for Barclays in Scotland said: “We’re committed to combating fraud. The new and improved Barclays Biometric Reader is much more portable and even more secure. Our clients are increasingly mobile and the advances we’ve been able to introduce will allow them to securely manage their accounts wherever they are.

“This device aligns with our aim to redefine Digital Banking by putting client experience at the core of everything we do, making it easier for our corporate clients to run their business.

Ravi Ahluwalia, general manager, Security Business Group at Hitachi Europe, said: “This new deployment represents another milestone in our ongoing partnership with Barclays.

“Both companies have worked together tirelessly to create this new device and we are delighted that our innovative VeinID technology will continue to help Barclays corporate customers conduct their business, using the most secure and easy to use biometric authentication technology available in the market.”

Data Protection 2019

 

Duncan MacRae

Editor

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