ABANCA has achieved international FIDO certification for the Llave ABANCA service, the digital identity verification technology solution developed by the bank that allows customers to validate mobile banking transactions securely and quickly by unlocking their phone.

The FIDO ( Fast IDentity Online ) certification has been granted by the FIDO Alliance, the leading international association promoting digital authentication standards that are more robust and simpler than passwords or one-time codes. This consortium is made up of the world’s leading technology companies—Google, Apple, Microsoft, Amazon, and Visa, among others—who have joined forces to promote more robust and user-friendly digital identity methods. With the FIDO certification of Llave ABANCA, this global alliance accredits that the solution implemented by the bank meets the highest standards of online identity verification.


More

Fintech Times: Cybersecurity trends for 2024 with TransUnion, Forter, WatchGuard, Vouched, FIDO Alliance, Fusion

FIDO Alliance’s Andrew Shikiar emphasises the need for enterprises to adapt cybersecurity strategies due to…

Read More →

Forbes: Forget passwords, this new tech is nearly hacker-proof, 1Password says

Since the adoption of passkeys in September, 1Password has reported that more than 700,000 passkeys…

Read More →

Security Magazine: Top cybersecurity predictions in 2024

Aside from eliminating the need to remember passwords, integrating passkeys offers numerous advantages for enterprises…

Read More →