FIDO Alliance Executive Director Brett McDowell tells PaymentsSource that while there is no single solution to combat fraud in all environments, the Alliance recommends the payments industry use high-assurance strong authentication, which leverages two or more factors to verify the customer, with one of those utilizing public key cryptography.
More FIDO in the News
POLITICO: Oregon Senator Ron Wyden Calls for Social Security Administration to Adopt FIDO Authentication
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While speaking at the Federal Identity Forum & Exposition, Treasury Secretary Steve Mnuchin called out…
The Economist: Where are the flaws in two-factor authentication?
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