Passkeys are intended to be more secure and easier to use than passwords. Instead of typing in a password (or letting a password manager do it) and verifying with a multi-factor authentication method, passkeys only require a trusted device and either biometric or PIN verification. Part of why passkeys seem likely to replace passwords is that they’re designed by a consortium called the FIDO Alliance and championed by Apple, Google, and Microsoft. These three companies have already baked support for passkeys into their browsers and ecosystems, which means that for the first time, there’s a viable alternative to passwords. That said, passkeys have yet to see widespread adoption.


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PaymentsJournal: EMVCo Proposes Standards for Stronger Payment Authentication

EMVCo has released a draft framework that could pave the way for a universal standard…

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Biometric Update: Yubico hackathon to preview YubiKey 5.8 support for next-generation passkeys

Yubico will host a virtual developer hackathon for the FIDO Alliance developer community on August 5…

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PYMNTS: Mastercard Wants to Teach AI Agents How to Spend

For nearly 60 years, Mastercard has answered one question over and over. How do you get two…

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