Emoji could replace PIN codes in online banking

A British technology firm has launched the world’s first emoji-only passcode, allowing people to log into their banks using four emoji characters, instead of traditional PINs or passwords.

Intelligent Environments, the company that invented the system, claims that emoji are mathematically more secure than traditional four digit passcodes, because there are 480 times more permutations.

The system prevents hackers from identifying common and easily obtainable numerical passcodes, like a date of birth or a wedding anniversary.

Emoji are also easier to remember than traditional passcodes, because research shows that humans remember pictures better than words.

“The Emoji Passcode plays to humans’ extraordinary ability to remember pictures, which is anchored in our evolutionary history,” said memory expert Tony Buzan, inventor of the Mind Map technique.

“We remember more information when it’s in pictorial form, that’s why the Emoji Passcode is better than traditional PINs.”

Intelligent Environments is currently in discussion with banks that are considering rolling the technology out to their customers within the next 12 months. >more