Customer demand for passwordless authentication has grown exponentially since smartphones first began offering built-in biometric readers. In fact, Mastercard sponsored an Oxford University study of consumer sentiment that discovered just that. A staggering 93% of consumers preferred biometric authentication to passwords — and yet so many companies still force their customers to use risky, outdated login credentials. Meanwhile, the endorsement and development of passwordless authentication by tech mainstays like Microsoft and Apple are pushing companies to ditch passwords for good. With the support of the FIDO Alliance, an industry association dedicated to making a passwordless future possible, and services like Transmit Security’s BindID, it’s now easy for companies to go totally passwordless in a week or less.


More

Goodbye to manual card entry: Mastercard reveals when the new era of one-click online payments begins

Changes are on the way for online shopping and e-commerce. The traditional way of paying for…

Read More →

MobileIDWorld: Passkey Adoption Surges 550% in 2024 as Bitwarden Reports 1.1M New Implementations

The adoption of passkeys in digital authentication has shown significant growth throughout 2024, building on…

Read More →

PayPal Newsroom: Solving the Convenience and Security Equation

PayPal has remained at the forefront of the digital payment revolution for more than 25…

Read More →