Passkeys news and trends

FIDO Alliance Releases Draft Secure Credential Exchange Specifications
Cybersecurity // October 14, 2024

The FIDO Alliance has released credential exchange protocols and a resource to promote the adoption of passkeys. The new secure credential exchange specifications were published in a working draft and are open to community review and feedback; they are not yet intended for implementation, the...

Google Facilitates the Use of Passkeys on Desktop
Google // September 19, 2024

Users can now save passkeys to Google Password Manager on desktop, in addition to Android devices. This new capability allows users to sync passkeys securely across all their devices, Chirag Desai, product manager, Chrome at Google, wrote in a Thursday (Sept. 19) blog post. “Up until now, you could...

Visa: 80% of Face-to-Face Transactions Internationally Are Tap to Pay
VISA // July 23, 2024

Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call with analysts Tuesday (July 23) that tap to pay grew 4 percentage points from...

Physical Cards Hold the Keys to a Passwordless Future
Authentication // July 02, 2024

It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need to make sure the payments experience goes off with minimal friction. It’s a tension that...

Interviews & Exclusives
Visa: 80% of Face-to-Face Transactions Internationally Are Tap to Pay

July 23, 2024
Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference call with analysts Tuesday (July 23) that tap to pay grew 4 percentage points from last year to 80% of face-to-face transactions globally, excluding the […]

Physical Cards Hold the Keys to a Passwordless Future

July 02, 2024
It’s a problem that has dogged chief information and security officers at companies big and small: You have to fight fraud at all costs, and just as importantly, you need...

The Passkeys Primer: Making Sense of the New Security Paradigm

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...

Consumers Consider Passwordless Logins Key to Overcoming All-in-One App Security Concerns

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...

Quick Reads
Microsoft Projects Wave of Passkey Signups as Password Attacks Double

October 16, 2024
Speaking at a recent cybersecurity conference, Microsoft’s Sangeeta Ranjit presented some disturbing statistics. “In the last year alone, we saw password attacks almost double at Microsoft — over 7,000 per second,” said Ranjt, whose comments were reported Tuesday (Oct. 15) by the website Biometric Update. “This includes a 58% increase in phishing attempts.” By 2027, the global cost of cybercrime […]

FIDO Alliance Releases Draft Secure Credential Exchange Specifications

October 14, 2024
The FIDO Alliance has released credential exchange protocols and a resource to promote the adoption of passkeys. The new secure credential exchange specifications were published in a working draft and...

Google Facilitates the Use of Passkeys on Desktop

September 19, 2024
Users can now save passkeys to Google Password Manager on desktop, in addition to Android devices. This new capability allows users to sync passkeys securely across all their devices, Chirag Desai, product manager,...

Amazon Moves Toward ‘Passwordless Internet’ With Passkey Support

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...