Economist article on fingerprint technology for online banking

Discussion in 'Backup and Security' started by Daal, Jul 11, 2008.

  1. Daal


  2. meir13


    I know of at least one bank in Europe ,which use this technology for couple of years. Not just for online bankning, but also for in-branch transactions.
  3. paulxx


    No good - fingerprints are so easy to copy, or fake using a bit of new skin (wait till tacky, then roll over a toe and you have placed your toeprint onto your finger) or a laser printer on to a transparency can create a mould from a print on a glass. It's all out there on the net. Also, you'd have to keep a copy of your prints as a backup in case you cut your finger........... Also your print could be digitally 'skimmed' by a fake or dual purpose print reader.

    The Swiss banks do it best with 3 part authorisation, Username, password and a printed, numbered card/list of additional one time codes. You have to enter the right code for the right number when prompted, it is never used again.