Barclays anti-fraud card reader 'improves personal security'
www.moneynews.co.uk > Banking > Barclays anti-fraud card reader 'improves personal security'
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Barclays anti-fraud card reader 'improves personal security'
Wed 18th Apr 2007
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The group is sending out the devices, known as PINsentry, to online banking customers, in an effort to crack down on fraudulent initiatives.
When making certain payments online, consumers will use the device to authenticate their log in, replacing the need for passwords or memorable words.
Over 500,000 Barclays card readers are being sent out to consumers around the country, while those customers who want to use their online accounts to pay bills or view their accounts will be able to use the service without the device.
Barnaby Davis, director for electronic banking at the group, said: "Barclays is constantly working to help protect customers and their money and that is why we have invested in this system.
"PINsentry is the next generation of fraud prevention technology and Barclays is proud to be the first organisation in the UK to roll it out to its customers," he added.
Related News : Banking |
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Related News : Barclays |
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