Consumers hate passwords. Fraudsters love them. There might be no better business case for passkeys, which are a biometric, digital alternative to manually selected and stored passwords. Passkeys have also been at the center of recent product introductions from Visa, Mastercard and other payments and financial services companies....
With cyberthreats evolving in sophistication and frequency, firms are constantly seeking robust solutions to strengthen their digital defenses. Passkeys have emerged as a player in this space, offering a more secure alternative to traditional authentication methods. First introduced in 2022, the passwordless technology is based on industry...
The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these multifaceted applications aim to streamline daily activities, promising a more integrated and efficient experience for users. Findings detailed in a joint...
In his first quarterly earnings conference call as PayPal’s new CEO, Alex Chriss laid out for investors and analysts a number of initiatives aimed at gaining “ubiquity both online and in person.” Those efforts, he detailed on the call, will focus on leveraging what he...
May 27, 2024
Consumers hate passwords. Fraudsters love them. There might be no better business case for passkeys, which are a biometric, digital alternative to manually selected and stored passwords. Passkeys have also been at the center of recent product introductions from Visa, Mastercard and other payments and financial services companies. The development and usage of passkeys is arguably one of […]
September 04, 2023
Given the proliferation of various apps, many consumers in the United States are eager for a more convenient way to manage their banking and shopping needs all within a single...
June 29, 2023
Passwords — and even one-time passcodes (OTPs) — render us vulnerable to fraudsters, which has always been so. The fraudsters are stepping up their attacks as we live more of...
October 23, 2023
Amazon said it is launching passkey support on browsers and mobile shopping apps. The offering, announced Monday (Oct. 23), lets customers set up passkeys in their Amazon settings and use the same face, fingerprint or PIN used to unlock their device. “This is about giving customers ease-of-use and security simultaneously in their Amazon experience,” said Dave Treadwell, […]
October 10, 2023
Google has made passkeys the default option for personal Google accounts, beginning Tuesday (Oct. 10). When users sign into their account, they will see prompts to create and use passkeys, as well...
June 12, 2023
In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses. Lawmakers are moving to reform the Financial Crimes Enforcement Network (FinCEN) and...
May 03, 2023
Google Account users can now sign in without a password. The tech giant began rolling out support for passkeys across Google Accounts on all major platforms on Wednesday (May 3),...
