PayPal is the first major service to jump on the FIDO passkey bandwagon: iPhone users will be able to log in to the payment service without a password. Users of Apple devices are able to exchange their password with the service for a passkey. The login is then carried out via a public key encryption procedure in accordance with the FIDO standard, the password stored by the user becomes superfluous.


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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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SC Media: Why yesterday’s identity security standards no longer work for banks

COMMENTARY: Banks are at a cybersecurity inflection point. Anthropic’s powerful Mythos model has prompted alarm throughout the…

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