European Central Bank Sees a Role for Biometrics in Improved Banking Standards

ECB launches consultation on secure internet payment standards (V3.co.uk)

Under the ECB plans, internet payment providers would need to ensure that customers are able to “strongly” identify themselves before a payment was processed.

This strong identity would have to include two of three proposed elements: a password; something belonging to the customer, such as a token, a smart card or mobile phone; or some form of biometric check.