iPhone 6 space gray Touch ID

As reported Wednesday by BBC News, two banks in the United Kingdom will soon allow their customers access their bank accounts using Touch ID-based fingerprint identification technology, a UK first.

“RBS and NatWest customers must activate the feature with their security information, but would only need to use Apple’s Touch ID thereafter,” reports the BBC.

To protect their customers’ sensitive financial information and mitigate risk, the banks have put a number of restrictions in place to augment Apple’s existing Touch ID safeguards.

For instance, RBS and NatWest customers must activate the feature with their security information to optionally authenticate their apps with Touch ID. After three failed login attempts they would have to type in their security details to re-enable the option.

Also, certain features like withdrawing money require extra verification. The two banks have 880,000 customers who use iOS apps on the iPhone 5s, iPhone 6 and iPhone 6 Plus, representing an ample base of Touch ID-enabled customers.

Over in the United States, financial institutions and services like Simple, American Express and Discover are already using Touch ID to secure their apps.

Source: BBC News

  • This is a start and hopefully more banks will follow. Unfortunately for me my particular bank is a little overprotective as to who can and cannot use their app and as a result my jailbroken device cannot use their app which means I need to use their useless mobile website…

  • SoylentGreen

    RBS got a fair whack of your cash, that has subsequently upped and disappeared, in the form of a bankster bailout,
    Sickening that they can then continue to exist, nevermind have any say who uses their app, they need to be put on trial, if you or I even attempted the illegal activities these ppl were caught doing they would throw away the key. And to add insult to injury they are signing us up to trillions in derivatives, already have, we are collateral for the money, oh and go cap in hand and grovel to a suit that does not even know what it’s like to be truly hungry for a loan of some of your own money and they say no!! WTF.
    couldn’t make this b.s up