About 57 percent of US consumers expressed interest in using passkeys to replace passwords, according to new survey data from the FIDO Alliance. According to FIDO Executive Director and CMO Andrew Shikiar, that points to rapidly growing excitement, given that only 39 percent of survey respondents said they were familiar with the passkey concept in a FIDO survey released last October. Passkeys essentially store complex passcodes for a user’s various online accounts on their mobile device, locking them behind a PIN or biometric scan. Google recently launched passkey support for its own Account login process, garnering considerable media attention in the process.


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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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