Mastercard has launched the Mastercard Biometric Authentication Service, a solution aimed at enhancing security and convenience for consumers. The service leverages biometrics, such as fingerprints, iris scans and facial recognition, to verify identity and secure personal data, the company said in a Wednesday (Jan. 24)...
In a world where online commerce continues its inexorable rise, authentication and transaction processes have become more critical than ever. Delegated authentication has the potential to revolutionize the way we prove ourselves online. However, there are several challenges that need to be addressed before an...
Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global standard used to authenticate online payments without the need for passwords, has been working to overcome since it was launched...
Ghanaian FinTech Fido has raised $30 million in a funding round to boost the company’s efforts to develop financial technologies that can be used across Africa, TechCrunch reported. The company will use some of the newly raised funds to expand beyond its home market into...
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 […]
June 02, 2023
In a world where online commerce continues its inexorable rise, authentication and transaction processes have become more critical than ever. Delegated authentication has the potential to revolutionize the way we...
December 22, 2022
Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global standard used to authenticate online...
December 14, 2021
Ten years is a long time in tech — to dream up new ways of doing things, design them, deploy them and see the masses embrace them. But some technologies...
January 24, 2024
Mastercard has launched the Mastercard Biometric Authentication Service, a solution aimed at enhancing security and convenience for consumers. The service leverages biometrics, such as fingerprints, iris scans and facial recognition, to verify identity and secure personal data, the company said in a Wednesday (Jan. 24) press release. “We are working with our partners around the […]
June 22, 2022
Ghanaian FinTech Fido has raised $30 million in a funding round to boost the company’s efforts to develop financial technologies that can be used across Africa, TechCrunch reported. The company...
October 18, 2021
With a goal of providing a “Fast IDentity Online,” the FIDO Alliance has debuted its Online Authentication Barometer to keep tabs on the use of secure authentication technologies among the general public,...
April 05, 2016
The FIDO Alliance has certified over 150 biometric and second-factor authentication products, showing an increase of 50 percent over the course of just one quarter. In a press release on...
