Halifax Trials Heartbeat Recognition Technology for Online Banking

"UK high-street bank Halifax has announced that it is trialing the use of heartbeat recognition technology as a means of authentication for online banking services.

The process involves the use of the Nymi wristband, a wearable still in the developmental stage. The band has an electrocardiogram (ECG) sensor that can capture the user’s heartbeat data with the touch of a finger. This personal biometric data is then stored in an encrypted form on a companion authorized authentication device (AAD) which has the Nymi app installed."

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