Finantrix KnowNow

The Top Financial Services Stories you need to Know. Now!

Banks monitor what you type

According to New York Times, banks monitor what you type, swipe, and tap.  According to The Times: “The way you press, scroll and type on a phone screen or keyboard can be as unique as your fingerprints or facial features. To fight fraud, a growing number of banks and merchants are tracking visitors’ physical movements as they use websites and apps.”

The Times article quotes Alisdair Faulker of ThreatMetrix: “Identity is the ultimate digital currency, and it’s being weaponized at an industrial scale.”

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