InvestEngine. Be prepared to give away your entire identity to sign up. It is not an easy process

Rollinghome

JohnWinder said:

Oh, to be old.

If you envy old age, then you're doing something wrong with your life, young man.  Never fear, it will come soon enough.

Millyonare

masonic said:

Millyonare said:

To be fair, we live in the most surveilled country on Earth. Banking intrusion is only going to get more intrusive. Photo, voiceprint, fingerprint, eyeprint, all major biometrics. Privacy is gone, forever.

That's hardly being fair. Which bank has asked you for your fingerprint or eyeprint? Is DNA a major biometric, and has any bank asked you for that?

Lots of phone banks today take a voiceprint. Lots of app banks take a fingerprint. Lots of app banks take an iris print. Biometric tracking is already widespread.

You'd have to be very, very naive to believe it won't get even more intrusive. Implantable chips, face-rec, gait-rec, etc. etc. 

k_man

Millyonare said:

masonic said:

Millyonare said:

To be fair, we live in the most surveilled country on Earth. Banking intrusion is only going to get more intrusive. Photo, voiceprint, fingerprint, eyeprint, all major biometrics. Privacy is gone, forever.

That's hardly being fair. Which bank has asked you for your fingerprint or eyeprint? Is DNA a major biometric, and has any bank asked you for that?

Lots of phone banks today take a voiceprint. Lots of app banks take a fingerprint. Lots of app banks take an iris print. Biometric tracking is already widespread.

You'd have to be very, very naive to believe it won't get even more intrusive. Implantable chips, face-rec, gait-rec, etc. etc. 

Fingerprints are not shared with the bank (or other apps), it is all done on device as part of a secure authentication/authorization process.

It is possible fingerprint ID and facial ID don't work how you think they work.

Can you give examples of apps requiring iris print?

masonic

Millyonare said:

masonic said:

Millyonare said:

To be fair, we live in the most surveilled country on Earth. Banking intrusion is only going to get more intrusive. Photo, voiceprint, fingerprint, eyeprint, all major biometrics. Privacy is gone, forever.

That's hardly being fair. Which bank has asked you for your fingerprint or eyeprint? Is DNA a major biometric, and has any bank asked you for that?

Lots of phone banks today take a voiceprint.

A few banks will do this if you use telephone banking, but only if you sign up for it explicitly. If you do sign up to it, your voiceprint is only used when you call the bank to identify you, not to track you when you are speaking on the phone to anyone else, or speaking in a public setting.

Millyonare said:

Lots of app banks take a fingerprint.

If you think that putting your fingerprint on a sensor in your phone transmits your fingerprint to the bank, then you either fundamentally misunderstand the technology or have fallen victim to a bizarre conspiracy theory.

Millyonare said:

Lots of app banks take an iris print.

When do they do this? The selfies some banks make you take while holding your passport are not going to have sufficient resolution for this purpose.

Millyonare said:

Biometric tracking is already widespread.

Other than there being a lot of CCTV around capable of being used to partially identify an individual from their height and appearance, and a very small proportion of that capable of facial recognition, the only time you are likely to have biometric information recorded by anyone is in relation to a criminal investigation. Even biometric passports are based just on facial features. Banks do not use CCTV or biometrics to locate or track their customers.

Millyonare said:

You'd have to be very, very naive to believe it won't get even more intrusive. Implantable chips, face-rec, gait-rec, etc. etc. 

Certainly facial recognition is going be used more and more. Gait-rec has been used longer than facial recognition, as it can be determined from lower resolution or longer distance imaging. But banks do not use these things to track their customers as they go about their business.

The likelihood that people could be forced to accept a chip implanted under their skin, when mandatory ID cards stirred up so much opposition plans had to be dropped, is slim to none.

Millyonare

k_man said:

Millyonare said:

masonic said:

Millyonare said:

To be fair, we live in the most surveilled country on Earth. Banking intrusion is only going to get more intrusive. Photo, voiceprint, fingerprint, eyeprint, all major biometrics. Privacy is gone, forever.

That's hardly being fair. Which bank has asked you for your fingerprint or eyeprint? Is DNA a major biometric, and has any bank asked you for that?

Lots of phone banks today take a voiceprint. Lots of app banks take a fingerprint. Lots of app banks take an iris print. Biometric tracking is already widespread.

You'd have to be very, very naive to believe it won't get even more intrusive. Implantable chips, face-rec, gait-rec, etc. etc. 

Fingerprints are not shared with the bank (or other apps), it is all done on device as part of a secure authentication/authorization process.

It is possible fingerprint ID and facial ID don't work how you think they work.

Can you give examples of apps requiring iris print?

Of course, that is how the biometric industry works 😉  It begins with "just a face photo... then just a finger... then just a voice"... and on and on it goes. Some call it a "boil the frog" strategy.

Phone banks today already store extensive voiceprints.

Storage of banking biometrics has already begun.

Co-op retail today already stores CCTV face pics and face-rec in their shops. Only a matter of time before it reaches high-street banking (if not already).

TSB has been making available iris scans for app banking. And Face ID.

Tbh, not quite sure what the contention is. In 2000, no major UK banks used biometrics. Today, in 2022, all major UK banks use biometrics. And they are only going to get more and more common and more and more intrusive thru 2050.

We need to get used to it. The days of privacy are all but over.

masonic

Millyonare said:

Co-op retail today already stores CCTV face pics and face-rec in their shops.

...and people believe wearing a facemask is useless.

k_man

Millyonare said:

k_man said:

Millyonare said:

masonic said:

Millyonare said:

To be fair, we live in the most surveilled country on Earth. Banking intrusion is only going to get more intrusive. Photo, voiceprint, fingerprint, eyeprint, all major biometrics. Privacy is gone, forever.

That's hardly being fair. Which bank has asked you for your fingerprint or eyeprint? Is DNA a major biometric, and has any bank asked you for that?

Lots of phone banks today take a voiceprint. Lots of app banks take a fingerprint. Lots of app banks take an iris print. Biometric tracking is already widespread.

You'd have to be very, very naive to believe it won't get even more intrusive. Implantable chips, face-rec, gait-rec, etc. etc. 

Fingerprints are not shared with the bank (or other apps), it is all done on device as part of a secure authentication/authorization process.

It is possible fingerprint ID and facial ID don't work how you think they work.

Can you give examples of apps requiring iris print?

Of course, that is how the biometric industry works 😉  It begins with "just a face photo... then just a finger... then just a voice"... and on and on it goes. Some call it a "boil the frog" strategy.

Phone banks today already store extensive voiceprints.

Storage of banking biometrics has already begun.

Co-op retail today already stores CCTV face pics and face-rec in their shops. Only a matter of time before it reaches high-street banking (if not already).

TSB has been making available iris scans for app banking. And Face ID.

Tbh, not quite sure what the contention is. In 2000, no major UK banks used biometrics. Today, in 2022, all major UK banks use biometrics. And they are only going to get more and more common and more and more intrusive thru 2050.

We need to get used to it. The days of privacy are all but over.

TSB trialling iris scanning is not the same as

Lots of app banks take an iris print

And fingerprint ID really doesn't work how you seem to think it does.
Do you think your mobile sends your fingerprint to the provider of every app that has fingerprint ID enabled?

Some of your points are valid, others are wide of the mark and misleading.

Rollinghome

Oddly, banks likely knew far more about us and our finances long before modern technology, than any bank does today. That was, in part, because it was almost unheard of for an individual to have more than one bank account as banks charged a monthly account fee and required references before an account could be opened.

As a result, it was common to have just one bank for life, and possibly one savings account, so the bank had a very full picture of our financial affairs. It was also important to build a long relationship with a building society branch manager if you hoped to ever get a mortgage from them. Very unlike today, when you can have a current or savings account for just weeks or months before moving on to another.

I still have my first current account, with the then Westminster Bank, from long before it became part of RBS. (Mrs R refuses to let me close it.) Now alongside several others. The bank manager there and most of the clerks all knew me on sight.  They knew when I married and to whom.  They knew who I worked for, and when I changed jobs. Knew who I wrote cheques for. They knew which building society I saved with and how much I paid in. They knew when I obtained a mortgage, who from, and how much the repayments were.

They didn't have a photo of my passport, but knew where I holidayed because they arranged my foreign currency.  Banks were where we got any financial advice, and it was the same bank where I bought my first stocks. And if we went overdrawn we got a stern warning letter personally signed by our bank manager

So rather than feeling paranoid about the little information banks have about me, banking today seems completely anonymous in comparison - for better or worse.

sevenhills

Millyonare said:

To be fair, we live in the most surveilled country on Earth. Banking intrusion is only going to get more intrusive. Photo, voiceprint, fingerprint, eyeprint, all major biometrics. Privacy is gone, forever.

The one which is most unreliable is fingerprints. I was reading about a partner using fingerprint authentication while her partner was asleep 🤣
I am hoping it doesn't prompt anyone to do the same!