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.


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Enterprise IT News: Why APAC can lead the world in FIDO and passkey adoption

Asia-Pacific (APAC) is one of the most-attacked regions globally — accounting for 34 per cent…

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ID Tech: Better Identity Coalition Circulates Draft Voluntary Code of Conduct for Verifiable Credentials

The Better Identity Coalition has circulated a draft voluntary code of conduct it describes as…

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Biometric Update: Passkeys offer potential solution to increased deepfake attacks on financial services

Among sectors vulnerable to AI-assisted fraud attacks, the financial industry is perhaps the ripest. With…

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