April 28, 2024

NatWest and RBS Will Be the First U.K. Banks to Allow Account Login Using Touch ID

Posted February 18, 2015 at 3:40pm by iClarified · 33435 views
NatWest and RBS will be the first banks in the U.K. to allow customers access to their accounts via Touch ID fingerprint scanning, reports BBC.

RBS and NatWest customers must activate the feature with their security information, but would only need to use Apple's Touch ID thereafter. The banks said that, after three failed login attempts, customers would have to re-enter their passcodes.

The feature will be available on the iPhone 5s, iPhone 6, and iPhone 6 Plus and it would have to be enabled using existing login details. Some of the in-app features that require additional verification will continue to do and limits have been set on new payments.

The banks say that nearly 50% of their combined customer base of 15 million people use online banking and around 3 million access their accounts via an app each week.

Stuart Haire, managing director, RBS and NatWest Direct Bank, said, "There has been a revolution in banking, as more and more of our customers are using digital technology to bank with us."

"Adding TouchID to our mobile banking app makes it even easier and more convenient for customers to manage their finances on the move and directly responds to their requests."

Hit the link below for more details...

Read More [NatWest] [RBS]