- Edinburgh, City of Edinburgh
The University of Edinburgh is one of the world’s top 20 institutions of higher education.....
- Recruiter: The University of Edinburgh
- Bristol, England / Cumbria, Barrow-In-Furness, England
Principal Electrical Engineer - Power Join our Electrical Power team and help design the self-contained generation and distribution system for the Successor submarine - a new generation of submarine designed to carry the UK's independent nuclear deterrent
- Recruiter: BAE Systems
- England, Cambridgeshire
- £33000 - £39000 per annum
Operations Supervisor - (Mechanical/Electrical/Instrumentation) Salary: Circa £33k - 39k dependant on experience + vehicle and great additional benefits (share scheme, pension, potential bonus).Location: Wisbech - Cambridgeshire We currently have an excit
- Recruiter: National Grid
- England, Lancashire
- Competitive package
Would you like to be involved with training UK and international teams in Non Destructive Inspection (NDI) to support the in service fleet (Typhoon Tornado, and Hawk)?
- Recruiter: BAE Systems
- Competitive Salary & Benefits
What?s the opportunity? There are fantastic opportunities in Systems Design for engineers to work within Future Systems. These are highly visible, fast paced roles, in...
- Recruiter: MBDA
- Teddington, United Kingdom
- £24,109 - £27,961 plus EO Electronics PE of £8,090.00
We are now looking for a Metering Engineer to deliver RD’s In-Service Testing (IST) scheme for gas and electricity meters.
- Recruiter: Department for Business, Innovation and Skills
- Shrewsbury, Shropshire
- £46,625 to £57,640 per annum
As an experienced Estates Manager, you will play a key role in helping to shape the future of the Estates service.
- Recruiter: The Shrewsbury and Telford Hospital NHS Trust
- York, North Yorkshire
- c£45,000 + Car Allowance + Bonus + Excellent Benefits
Nestlé Product Technology Centre in York currently has an excellent opportunity for an Engineering Project Manager
- Recruiter: Nestle
- Zurich, Canton of Zürich (CH)
The successful candidate is expected to develop a strong and visible research programme in the area of control and diagnostics of building systems
- Recruiter: ETH Zurich
- Humber Refinery, South Killingholme, North Lincolnshire DN40 3DW
- £60k - 75k plus extensive Compensation and benefits package, dependent upon experience
Experienced Process Control Leader providing leadership and technical support for Oil Refinery. Extensive Compensation and benefits package.
- Recruiter: Phillips 66
Barclays to introduce biometric finger vein scanning
Barclay's Michael Mueller demonstrates the Barclays Biometric Reader
Biometric finger vein scanning technology for authenticating online banking transactions will be available to Barclays’ corporate customers from next year.
In a move to combat fraud the bank has combined Japanese firm Hitachi’s VeinID finger vein authentication technology with a digital signature system to create the Barclays Biometric Reader, which allows customers to log on to online bank accounts and authorise payments without the need for PIN, passwords or authentication codes.
The device is connected to a PC via USB cable and uses infrared light to capture an image of the veins of the index finger before comparing this to the registered user’s unique pattern of blood vessels, which is stored on a smart card similar to the chip found on a chip and PIN card.
If the images match an encrypted authorisation code is transmitted to the connected PC to validate the transaction. According to the bank, as an internal structure, a finger vein pattern is nearly impossible to fake unlike other biometric identifiers such as finger prints, which can be forged.
Speaking at a press briefing at Barclays’ London headquarters Ashok Vaswani, CEO of Barclays personal and corporate banking, was also keen to stress that a severed finger would not be able to pass the test as the blood quickly drains out of the veins rendering them invisible to the infrared light.
“Finger veins have been demonstrated to be the most distinguishing feature of any person so it gives the highest level of security,” he added. “If it had any known issues we would never ask our clients to go down that path. The security in finger vein scanning is about the highest you can get and that’s why we feel so confident in it.”
The launch of the biometric reader follows on from the bank’s introduction of voice biometrics for Barclays Wealth customers to identify them on phone calls, which Vaswani says has been a “phenomenal” success.
Hitachi’s VeinID technology is already used by banks for password replacement, single sign on and ATM machines in Japan, North America and Europe and Barclays says there is potential for it to be introduced more widely in UK branches.
“Typically when you upgrade security you increase complexity,” said Michael Mueller, head of international cash management for Barclays Corporate.
“It’s so simple it doesn’t wow anyone, it’s just a very simple and also intuitive process for the customer. I think it opens up a whole range of opportunities for this, but also beyond this, and that is why we are so excited about using biometrics.”
Mueller also suggested that while the company considered that finger print scanning technology, now available on several smartphones, was not secure enough for corporate banking it could have a role in personal banking in the future where security requirements are not so stringent.
While the readers themselves can be used by several people, each registered user will receive their own smart card, which contains private keys and security certificates based on industry standard Public Key Infrastructures (PKI) digital signature systems alongside their finger vein data – meaning Barclays would not hold any biometric information about their customers.
Advanced algorithms mean pattern matching happens in just seconds and Barclays claims a false acceptance rate – the likelihood that someone is falsely recognised as someone else – of one in a million, which it says is one of the very lowest among biometric technologies.
The false rejection rate – where the machine fails to recognise the right user’s stored pattern and rejects them – is one in ten thousand.
Hitachi were also keen to stress that the device is secure from any attempts to extract information from the smart card should it be lost or stolen as it has been tested to Evaluation Assurance Level 6 – the industry standard for banking security technology.
Ben Edgington, senior manager for engineering and product management, said: “The amount of reverse engineering needed to get any data off the smart card in the device, that level would be phenomenal.”
The biometric reader will be an optional service for Barclays corporate banking customers and will become available from 2015.
"As the dust settles after the referendum result, we consider what happens next. We also look forward to an international summer of sport."
- HMS Ambush submarine crashes into ship, again
- Tesla’s 'Master Plan' future for self-driving cars and solar power
- Chip and pin compromised by hackers 'within a year'
- Flight MH370 search to be suspended, relatives informed
- MH370 search team may have looked in the wrong location for two years
- Lithuania launches campaign to lure away UK’s car-makers