FIDO Solutions for Financial Services and Payments

PROTECT ONLINE BANKING AND PAYMENTS WITH SIMPLER,
STRONGER AUTHENTICATION BASED ON OPEN AND SCALABLE STANDARDS.

Banks and payments services providers continue to evolve service delivery away from branches to online and mobile services, but
are constantly trading off fast and easy access with robust authentication security.

Online security based on FIDO Specifications turns that around and makes online security a simpler and better user experience
while providing stronger security and reducing costs for the enterprise.

 


Use Cases

 

fs-online-banking fs-payment-transfers fs-mobile-banking fs-trading

Online Banking

Payment & Transfer Mobile Banking Trading

 

Benefits

SIMPLER USER EXPERIENCE

 

complex-passwords
hr
Reduces reliance on complex passwords
single-gesture
hr
Single gesture to log on
familiar
hr
Works with same devices people use every day
same-authentication
hr
Use the same authentication with different services
fast-convenient
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Fast and convenient

 

STRONGER SECURITY

  • Based on public key cryptography
  • Keys stay on device
  • No server-side shared secrets to steal
  • Protects against phishing, man-in-the-middle and replay attacks
  • Biometrics, if used, never leave device
  • No link-ability between services or accounts
  • No 3rd party in the protocol

REDUCED COSTS

  • Lower development and maintenance costs
  • Faster time to market
  • Little or no provisioning costs
  • Lower breach risks and potential damages
  • Broad choice of authenticators for users
  • Lowers password reset costs
  • Increases future-proofing

 

 

 

Resources

 

Video:
FIDO Explained
FIDO Certified Products Showcase Webinar: Value of FIDO Membership Deploy FIDO Solutions

MORE RESOURCES: