Intelligent Environments has launched what it claims is the world’s first emoji-only passcode for users to log into their bank account. The UK-based specialist in mobile and online technology solutions for financial organisations says that emoji emoticon passcodes are mathematically more secure and easier to remember than traditional passcodes.
“There are 480 times more permutations using emojis over traditional four-digit passcodes,” said the company. “In addition, it will prevent hackers from identifying common and easily obtainable numerical passcodes, like a date of birth or a wedding anniversary.
“Intelligent Environments’ ‘Emoji Passcode’ enables consumers to log into their banks using four emoji characters, instead of traditional personal identification numbers [PINs] or passwords. The characters are selected from a bank of 44. Emoji Passcode has been integrated into Intelligent Environments’ Android digital banking app.”
The company added that it is in discussion with banks that are considering rolling the technology out to their customers over the next 12 months.
“We’ve had input from lots of millennials when we developed the technology. What’s clear is that the younger generation is communicating in new ways,” said David Webber, manager director at Intelligent Environments.
“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.”
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