Intelligent Environments Develops an Alternative to Four Digit Bank Pins
Meghan Young — June 16, 2015 — Tech
References: fastcompany
Digital security is becoming an ever pressing issue for businesses and consumers alike and one company may have developed a unique solution that all parties involved will appreciate: emoji passcodes. Not only are emoji passcodes easier to remember, they are also more secure than the traditional four digit bank PINs people are accustomed to using.
Developed by a British software company called Intelligent Environments, the emoji passcodes are nevertheless much harder to implement than think of. Yet the company claims banks can adopt the system within 12 months. Many banks might want to do just if only for the reason that the emoji passcodes are supposedly "480 times more permutations using emojis over traditional four digit passcodes," claims Intelligent Environments.
Developed by a British software company called Intelligent Environments, the emoji passcodes are nevertheless much harder to implement than think of. Yet the company claims banks can adopt the system within 12 months. Many banks might want to do just if only for the reason that the emoji passcodes are supposedly "480 times more permutations using emojis over traditional four digit passcodes," claims Intelligent Environments.
Trend Themes
1. Emoji Passcodes - Emoji passcodes offer a more secure and memorable alternative to traditional four-digit bank PINs, with 480 times more permutations.
2. Digital Security - Digital security is a growing concern for businesses and consumers, creating opportunities for innovative solutions like emoji passcodes.
3. Alternative Authentication Methods - The development of emoji passcodes highlights the trend of exploring alternative authentication methods beyond traditional PINs.
Industry Implications
1. Banking - Banks can implement emoji passcodes within 12 months to enhance security and improve user experience.
2. Software Development - The implementation of emoji passcodes requires software development expertise, presenting opportunities for software companies to offer innovative solutions.
3. Cybersecurity - The need for improved digital security in various industries, including banking, drives the demand for disruptive cybersecurity solutions like emoji passcodes.
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