SBI Sumishin Net Bank incorporated FIDO-compliant authentication into its existing mobile application in 2020. Now, a single application is available to provide both banking and authentication functions to its customers. This eliminates the need for customers to enter passwords and verification codes for each transaction. Instead, they can simply log in to the SBI Sumishin Net Bank App with FIDO-based biometric authentication. Even when transactions are made from a PC or other non-mobile application environments, the application will confirm and approve the transaction details before they are executed, preventing unauthorized transfers.
Resources: FIDO Blog: Deploying FIDO in Japan: An Interview with SBI Sumishin Net Bank
