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UK consumers eye up iris scanning for banking biometrics

  • Author:zz
  • Source:zz
  • Release on :2016-11-02
Iris scanning technology has overtaken fingerprinting as the biometric security measure most UK consumers would consider using, with more than a third saying they would be more likely to use a bank that offers biometric security, a survey from software provider Intelligent Environments has found.

More than two thirds (68%) of European consumers surveyed in the summer said they wanted to use biometrics as a method of payment authentication, but more than twice as many preferred fingerprinting to iris recognition methods.

India’s Yes Bank announced earlier this month it had partnered with Lastmile.mobi to develop a biometric point-of-sale terminal using iris scanning technology.