The FIDO Alliance Welcomes Wells Fargo Bank!
In less than two years from our launch in February 2013, the FIDO Alliance has attracted the world’s leading financial institutions to our ranks, along with global leaders in industry, security and technology. Today, we are very pleased to welcome Wells Fargo Bank to the FIDO Alliance, and we embrace their contributions to the compelling goal of achieving industry standards for strong authentication that is more secure, private and easier-to-use than passwords.
“Providing customers with choice, enhancing customer experience and ensuring the security of account information are at the foundation of our customer relationships,” said Christopher Clausen, SVP and Manager of the Fraud Prevention and Authentication Products Group for the Wells Fargo Virtual Channels Division. “As we continue to deploy new technologies that help customers succeed financially, our partnership with the FIDO Alliance helps us continue to deliver on these top priorities.”
Among the world’s leading financial institutions, Wells Fargo is committing to FIDO standards for strong authentication, along with other leaders in the financial sector, including Bank of America, Visa International, Discover Financial Services, MasterCard, and PayPal.
FIDO Alliance members commit to share technology and collaborate to deliver open specifications for universal strong authentication that enables FIDO-compliant authentication methods to be interoperable, more secure and private, and easier-to-use.
FIDO specifications will support a full range of authentication technologies, including biometrics such as fingerprint, eye and iris scanners, voice and facial recognition, as well as further enabling existing solutions and communications standards, such as Trusted Platform Modules (TPM), USB Security Tokens, embedded Secure Elements (eSE), Smart Cards, Bluetooth Low Energy (BLE), and Near Field Communication (NFC). The open specifications are being designed to be extensible and to accommodate future innovation, as well as protect existing investments. FIDO specifications allow the interaction of technologies within an interoperable infrastructure, enabling authentication choice to meet the distinct needs of users and organizations.
Davos: World Economic Forum Points to FIDO as Viable Alternative to Passwords
Andrew Shikiar, executive director and CMO, FIDO Alliance A new...January 22, 2020
FIDO Certification Program Ends Year Strong With 688 Certified Products
Dr. Rae Hayward, Certification Director, FIDO Alliance From consumer brands...December 18, 2019
FIDO Alliance 2019 Progress Report: FIDO Authentication for Simpler, Stronger Web Logins Now Ready for Rollout on Billions of Consumer Devices
Platform enablement, new work areas and deploymentsshow continued momentum for...December 4, 2019