It’s nearly two decades since Bill Gates predicted the passing of the traditional username and password, warning that this archaic security combo simply wasn’t up to the task of keeping information safe and secure in the long term. Passwords will not be around forever and if we are ever to get serious about cyber security and the protection of data, we have to find another way. That’s one of the main reasons why passwordless authentication is gaining so much popularity as a more secure and convenient alternative to traditional passwords. And it seems the industry agrees. Tech giants Apple, Google, and Microsoft announced last May that they would support FIDO2 — authentication specifications based on public key cryptography and international standards — to enable passwordless authentication across devices. 


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The Fintech Times: Visa Reveals Digital Products to be Launched Over the Year Catering to Evolving Consumer Demands

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PYMNTS: Visa Recasts Digital Wallet Landscape at Intersection of Identity and Payments

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