Office card crime in the UK could become a thing of the past for Barclays customers, after the leading high street bank launched its new Pinsentry scheme.
Online fraud has been a hot topic in the press in recent weeks, but business owners will be pleased to know Barclays has attempted to tackle the problem with its new chip and pin Pinsentry technology.
Hand-held chip and pin readers will be distributed to those making third-party payments online, premier account customers and bankers whose banking activities require it.
Barnaby Davis, director for electronic banking at Barclays, said: "Pinsentry is the next generation of fraud prevention technology and Barclays is proud to be the first organisation in the UK to roll it out to its customers.
"The popularity of Barclays online banking service comes down to convenience and security and the introduction of Pinsentry will enhance both of these features."
Recent research by SafeNet revealed that internet security fears concern 70 per cent of UK consumers.
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