Two major UK banks, RBS and Natwest, have started allowing customers to access their accounts using Apple’s TouchID fingerprint recognition system. After the initial input of security information on the apps, users would only need a fingerprint thereafter.
Whilst the banks only want to make it more convenient for customers to access their accounts, security experts have warned that TouchID is not secure enough. When it first launched on the iPhone 5 in 2013, hackers managed to get around the feature in just a day. Others warn that it presents new weaknesses not seen with pin numbers or passwords.
The BBC reports that half of the UK banking industry’s 15 million strong customer base access their accounts online and a fifth access them using smartphone apps.