Can you imagine being able to get into your bank account simply by using your heartbeat to prove you are who you say you are?
The Halifax is trying out new technology which allows the customer to access the banking app on their mobile phone without putting in any codes, but by checking their unique heartbeat pattern for security.
The technology, known as a Nymi Band, uses Bluetooth to pair with a companion app for Windows, Mac, iOS and Android. It has been developed by Canadian firm Bionym.
In order to work it first has to record a person’s ECG to the band and link itself to the app. ECG data is captured when the customer wears the band on one wrist and touches a sensor on the top of the band with their opposite finger.
Halifax said the technology would only work if the band was on the account holder’s wrist, with the band also only detectable by the device it was originally paired with.
“In a world passwords and pin numbers, the Nymi Band will allow you to wirelessly prove that you are you to the world around you,” Bionym claims.
The technology has already been tested by the Royal Bank of Canada. 250 bank staff and customers used the wristband to login to their online banking.
It could have countless applications, experts say, including giving workers access to offices or to unlock and start cars. It is also predicted to appeal to governments who could use it to secure border posts, public transport and other facilities.
It could also be used to control numerous electronic devices around households from alarm systems to TVs.