• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

NatWest Announces Trial of Biometric Key Fob for Contactless Payments

December 9, 2019

Biometrics News - NatWest Announces Trial of Biometric Key Fob for Contactless Payments

UK bank NatWest announced last week that it is beginning a trial, which will involve 250 customers and last for 3 months, of a biometric-enabled key fob that uses an individual’s fingerprint to make contactless payments.

“After the successful pilot of our biometric debit card we are looking at how we can further develop the technology and push the boundaries to integrate it into our customers’ everyday lives,” said David Crawford, head of NatWest Effortless Payments.

The three-month pilot sees NatWest working closely Visa and Giesecke+Devrient Mobile Security to eventually bring the service to customers across the U.K.

“Our research tells us that people have a strong interest in biometric technologies which can make their lives easier as well as increasing the security of their payments,” Jeni Mundy, managing director, UK & Ireland, at Visa, said in a statement. “At Visa we are constantly looking for ways to innovate with our partners to give consumers greater choices in how they pay,” she added.

The fobs, which are no bigger than a standard keyring, work with all existing Chip and PIN terminals and feature a fingerprint reader to identify the customer and allow them to make purchases of up to £100 (about $130) .

Users activate the fob by uploading their fingerprint and registering their account via their mobile device. If the fob were ever to be lost or stolen, it can be locked remotely, though its biometric features are meant to ensure that only the registered customer can use it to make a payment; and the biometric data used by the fob is encrypted and never shared with any third party, including the stores where the transactions are made and the bank itself.

The fingerprint-enabled key fob is NatWest’s latest trial project involving biometric payment technologies. Earlier this year, it conducted a trial of the use of biometric payment cards, which feature an embedded fingerprint sensor to allow user authentication during contactless payments.

NatWest’s biometric payment card and key fob initiatives are a sign of a growing trend in the U.K., where the use of contactless payments rose 31% between 2017 and 2018 to 7.4 billion interactions nationally.

Sources: MyLondon, CNBC

Filed Under: Featured, Industry News Tagged With: Biometric, biometric authentication, biometric cards, biometric identification, biometric payment cards, biometric payments, biometrics, Fingerprint biometrics, fingerprint sensors, NatWest

Related News & Articles

IDEX Teams Up With Tier 1 Card Manufacturer

Canadian Government to Scrap Controversial Border Screening App

US Navy Wants Wearable Devices to Help Enforce Social Distancing

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • TSA to Expand MDL Pilot to Puerto Rico, Tennessee Airports
  • OECD Issues Draft Recommendation for Digital ID, Invites Comment
  • NordPass, Yahoo! Japan, and Regula Keep Up Mobile Biometrics Momentum
  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld