Passwords have been the longtime standard for securing online accounts, but they pose security risks. Despite expert advice to create complex, unique passwords for every account, people often use the same password, get tricked into signing into fake websites that log their information, or have their account details leaked in data breaches. Apple’s passkeys want to address those problems and replace passwords entirely. Its passkeys fall under a standard set by the Fast Identity Online Alliance, an industry association that includes over 250 other companies such as Microsoft Corp. and Alphabet Inc.’s Google. Called FIDO for short, the group has worked for nearly a decade to create a unified format for online authentication.


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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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