Latest natwest publications
NatWest is turning to behaviour-aware biometrics security to comply with tighter European Union payment regulations.
Next year, the EU’s Strong Customer Authentication (SCA) comes into force, which includes the requirement that certain transactions go through additional authentication checks.
SCA, part of the PSD2 regulation, is an extra layer of security designed to prevent fraud and validate that an individual using a card is the actual cardholder.
The bank said it is piloting biometric fingerprint technology with 200 customers, potentially signalling the end of Chip & Pin NatWest customers will be able to verify card payments using the touch of a finger in a trial taking place in the coming weeks. The bank said it is piloting a “cutting edge” biometric fingerprint bank… Read More