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preferred biometric authentication to passwords — and yet so many companies still force their customers to use risky, outdated login credentials.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.


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Fintech Global: EMVCo drafts framework for agentic card payments

The EMV Agentic Payments – Framework for Specifications has been developed by EMVCo’s newly formed…

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FinAINews: Podcast | Mastercard focuses on ‘Verifiable Intent’ for agentic payments, CDO says

Nearly a year after launching Agent Pay, Mastercard is focused on developing trust to drive adoption.  “The…

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Digital Journal: Forgot your password? Canadian retailers could be losing sales because of it

Online shopping has become an integral part of Canadian life. Whether purchasing groceries, booking travel,…

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