Intelligent Environments Launched 'Emoji Passcode'

Intelligent Environments Launched 'Emoji Passcode'
15.06.2015 01:00 am

Intelligent Environments Launched 'Emoji Passcode'

Intelligent Environments has launched an emotive alternative to PIN-only passcodes with a system that enables consumers to log into their banks using four emoji characters.The firm's ‘Emoji Passcode’, which it has integrated into its Android digital banking app, allows consumers to choose from a bank of 44 different graphics. 

Intelligent Environments claims that the technology is more secure than traditional PIN-only codes as it offers 480 times more permutations and prevents hackers from identifying common and easily obtainable numerical codes, like a date of birth or a wedding anniversary. It also claims to be easier for user's to remember, citing scientific research that show humans are more adept at remembering pictures that numbers. 

Intelligent Environments launched the feature in response to research showing Brits find it hard to remember numerical passcodes. The firm says it is in discussion with banks which are interested in implementing the technology within the next twelve months. 
David Webber, manager director at Intelligent Environments, says the technology has been developed with the demands of millennials in mind. 
“We’ve had input from lots of millennials when we developed the technology," he says. "What’s clear is that the younger generation is communicating in new ways. Our research shows 64% of millennials regularly communicate only using emojis. So we decided to reinvent the passcode for a new generation by developing the world’s first emoji security technology.”

Related News

IronFX to open R&D Centre in Mumbai

IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for... Read more »

Zwipe & Galileo Sponsor Group Futurista's 2nd Futurecast Webinar

Group Futurista is a global tech based event company. They have organized numerous technology summits across Europe in the past two years. To keep up with the current pandemic... Read more »

Xignite sees record demand for financial data during pandemic

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology... Read more »

Samsung integrates blockchain wallet with Gemini exchange

Samsung is integrating its blockchain wallet with the Winklevoss twins' Gemini app for buying and selling cryptocurrencies.

The Samsung... Read more »

Meniga closes a €8.5m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel