By Jay Jay
Natwest and RBS customers using iPhones 5S or later versions will now be able to log in to their banking apps through the Touch ID fingerprint sensor on their phones.
Launched yesterday, Natwest's new feature aims to enable ease of access to customers engaged in internet banking using their phones. However, for making payments and other sensitive transactions, additional verifications are in place.
Already supported by several third parties like Amazon, Evernote and Dropbox, Touch ID is an extremely secure mode for authentification and is hard to fool.
Phil Underwood, global head of pre sales at SecurEnvoy, called the move as "a landmark moment for two-factor authentication entering the mainstream. There is always a balancing act when it comes to authentication. Make it too easy for the user and the authentication may be compromised or circumvented; too hard and adoption rates for the new authentication technology will drop. This shows that there is now a middle ground that is secure enough for banks to remain compliant to regulation, but easy enough to lead to widespread adoption," he added.
The new feature will be available for customers using iPhone 5S, iPhone 6, iPhone 6 Plus and a couple of iPads- the iPad Air 2 and the iPad Mini 3.