Lloyds Banking Group today announced that they will begin testing Windows Hello for customer online banking logins. Under the exclusive partnership with Microsoft, the group will test biometric authentication with customers logging into their Lloyds Bank, Halifax and Bank of Scotland internet banking sites.
The pilot will begin in the second half of the year, giving users the option to log in to their accounts using their face or fingerprint instead of typing in passwords. This is much more secure, as Windows 10 devices with Windows Hello enabled will recognize just the user alone via facial or fingerprint recognition, eliminating the need to remember an assortment of letters and numbers that are forgotten or could be guessed. The data is stored locally on the device and shared with no one but the user, making for a truly secure banking experience. Ryan Asdourian, Windows & Devices Lead, Microsoft UK, commented on the partnership.
"This Lloyds Banking Group pilot marks another significant step towards an era of more personal computing... With more than 400 million active users of Windows 10 able to take advantage of Windows Hello, it’s great to see a major financial services institution looking at how it can apply this technology to transform the customer experience... Windows Hello enables users to log in to a Windows device in less than two seconds and this use of advanced biometric technology will provide Lloyds Banking Group customers with a more seamless and frictionless experience without compromising security..."
Microsoft has previously highlighted the power of Windows Hello, pointing out how More Windows 10 partners are adding Windows Hello into new PCs. The company also emphasized the growing list of Windows Hello enabled companion devices, including the YubiKey, which our own Abhishek Baxi reviewed.