Receiving a text to confirm a banking operation is a process that became common. However, the text is one of the weakest security levels. Banks even have to stop using it by end of 2020 to shift to “strong authentication”. The evolution of international security standards is summed up in one word: FIDO for Fast IDentity Online. “It’s the future, it’s a higher, easier and interoperable security” claims Bruno Bernard, President of Neowave.
More FIDO in the News
CNET: World Password Day: We’re closer to ditching this crackable tech
Passkeys promise to be a big help, but until they take hold, we all need…
The Washington Post: Microsoft is changing how you log in to your accounts
Microsoft 365, Copilot and Skype accounts can use “passkeys”, which are more secure than passwords.
Verdict: OneSpan: Partner Ecosystem Profile
The company’s various solutions include regulatory compliance, PSD2 compliance, FIDO standard, fraud prevention, mobile app…
