MasterCard Adds Fingerprint Sensors to Payment Cards


(Bruce) #1

More innovation this time from MasterCard


Competitor update
(Danny) #2

I like the idea but isn’t this going a step back in that you have to insert your card again to authorize?

We have only just got contactless running now


(Matt) #3

would be nice if it worked with contactless!


#4

the cards still work as contactless but it is chip and fingerprint instead of chip and pin


(Matt) #5

So you can use the finger print whilst using contactless? Like apple pay?


#6

No…the fingerprint is in place of the pin. Where you would not need a pin you would not need a fingerprint


#7

Also if these cards do become available in the UK it is only likely to be thru the high street banks and not online only banks like Monzo.

If you wanted one of these cards, you’d have to go to a secure enrollment center (which most likely inside a bank branch) to get your fingers scanned.


(Samuel Diaz Hernandez) #8

Apparently MasterCard is currently testing their new Biometric Cards ( https://www.engadget.com/2017/04/20/mastercard-biometric-fingerprint-card/#/ ). Any plans of adding this feature to forthcoming Monzo debit cards when available?


(Samuel Dedman) #9

This has been discussed before on this forum, and I know there has been some discussion about how safe the technology itself is. Equally, the lack of any physical Monzo sites means that taking the initial fingerprint reading might be a little tricky.

Definitely an interesting tech, and one we might see before too much longer!


(James Billingham) #10

Could it be equivalent to CDCVM? i.e. if you held your thumb on the reader while doing contactless, it would authorise any amount like Apple Pay/Android Pay - not just £30.


(Adam Hockley) #11

This would be cool i want one


(Marcus Nailor) #12

Looks fantastic!! I’m assuming the chip&pin already has the ability to transmit this fingerprint data? If not it’ll take shops quite some time to replace all their readers haha! :smiley:

A wicked advancement in security nonetheless, can’t wait for it to become mainstream! :slight_smile:


#13

as is stated in the article it works with existing chip and pin terminals, they do not need to be updated. They won’t become mainstream until banks invest in the equipment to undertake the biometric data enrolement in their branches.


(Marcus Nailor) #14

Ah cool, I’m out and about so only caught the short video at the top :slight_smile:
Glad to hear it! :smiley:


(Mr P T Brookfield) #15

I don’t like this fingerprint malarkey. Too at risk of your prints being cloned, I reckon. Then you’re knackered.

Chip and PIN is the way to go I think.


(Danny) #16

More chance of getting your pin lifted from a fake PDQ or cash machine tbh


(Mr P T Brookfield) #17

I get that part, Danny. I agree with the point you make. But you can change your PIN. You can’t change your fingerprints. I feel safer having a PIN that I can change whenever I like than having a fingerprint that I can’t change.

(Anyway, I’ve been at the special offer gin and lemonade, so I think I’ll leave it there for this evening.)


(Marta) #18

Not excited about it. Took me some time to adjust myself to unlock my phone with fingerprint aaaand I’m still not quite convinced.

Only place where I feel fine using fingerprint is on my phone when lastpass prompts for it, this only happens when my session is still active. I have to use password every now and then to decrypt data for each session.

While I’m far from being criminal, I’d feel uneasy if bank stored my fingerprints in the first place.

PIN all the way! Ideally, it would be 16 character password for each transaction, but hey, we can’t have everything.


(Louie O'Donoghue) #19

Has anyone at Monzo looked into the new fingerprint Scanning MasterCards? Would there be any potential for Monzo to issue these cards in the not too distant future?


#20

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