Traditional username and password authentication remains a standard practice in healthcare, but it increasingly compromises operational efficiency, patient privacy and care quality. In the first quarter of 2024 alone, over 116 data breaches exposed sensitive patient data, including medications, clinical records and Social Security numbers. Cybercriminals use tactics like phishing and malware to exploit these vulnerabilities, underscoring the need for stronger authentication measures. As a response, passwordless authentication is gaining traction, offering a more secure and streamlined approach to access management. Although the transition will take time, the next decade will likely see widespread adoption of passwordless solutions as the limitations of passwords become too costly to ignore.


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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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