In the news Natwest become first UK bank to launch biometric credit cards
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Following a successful trial of biometric debit cards, Natwest became the first UK bank to launch biometric credit cards this month, which allows contactless payments using a fingerprint for verification.
Feeling confident that your information is protected is paramount. We, along with our partners, are building biometric cards that recognize an individual rather than a password or PIN. Biometrics are more secure, more trusted and better suited to a world that requires more frequent authentication. - Bob Reany
The biometric cards can be used for transactions of up to £100, due to the heightened security level, which is an increase of the current limit of £30. The cards entered into circulation on the 7 th of October as part of a trial with 150 customers. Director of Innovation at Natwest Geor- gina Bulkeley describes the new cards as “the biggest development in card technology in recent years”, which isn’t deniable.
What’s particularly impressive about the advancement is that the cards can be used the same way as existing con- tactless cards, as there are no hardware changes needed to payment terminals. NatWest is working closely with Mas- tercard and Gemalto, a digital security company, to bring the service to more UK customers. The new cards allow customers to feel confident that their information is pro- tected, says Executive Vice President for identity solutions Bob Reany.
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06 | Metrics Monthly
October 2019 | UK Edition
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