Just looking at your phone will log you in to your bank account

BANK customers will soon be able to log in to their account just by looking at their phone after TSB said it will introduce iris recognition on its mobile banking app in September.

It will become the first bank in Europe to roll out this technology in the latest attempt to crack down on fraud.

TSB customers with a Samsung Galaxy S8 or S8+ will be able to use the phone’s built-in iris scanner to log into their account on the mobile app instead of inputting an ID and password. The bank says this form of biometric authentication is the most secure as it uses 266 unique characters compared to 40 for fingerprints. TSB spokes- man Carlos Abarca said the system offers an ‘unparalleled level of cyber security’.

He said: ‘Iris recognition allows you to unlock your TSB mobile app with a simple glance, meaning all of those IDs, passwords and memorable information become a thing of the past.’

However, cyber security experts warn it should not be assumed that biometric logins are totally secure. German hackers were recently able to trick a Samsung Galaxy S8’s iris scanner with a picture of the owner’s eye and a contact lens.