UK's Halifax bank testing a heartbeat sensor to unlock online banking services.

LONDON — Passwords are easy to forget and fingerprints are easy to forge, so the Halifax bank is trying something new to protect customer privacy

It aims to use the human heart rate as a key to unlock your online banking services.

See also: UK banks RBS, Natwest are now letting customers use Touch ID

Halifax's system, which is currently at the proof-of-concept stage, uses a piece of wearable technology known as the Nymi band; it monitors and stores a user's heartbeat via an electrocardiogram (ECG).

Users must wear the Nymi on one wrist, and touch its top sensor with the opposite hand for it to work. The Nymi pairs with a smartphone via Bluetooth, using a companion app for Windows, Mac, iOS and Android. Removal of the wristband invalidates biometric authentication. Read more...

More about Uk, Banking, Passwords, Tech, and Gadgets