OneSpan’s Ashish Jain on why passkeys are ready for prime time in modern banking

Authentication has long required an uneasy tradeoff between strong security and smooth user experience.

Banks have relied on a mix of passwords, OTPs, SMS codes, voice calls, and push notifications each with its own vulnerabilities and user experience challenges. Passkeys, built on FIDO standards, finally deliver a phishing resistant, high assurance, passwordless experience that improves both security and usability.

Ashish Jain explores why passkeys are ready now for even the highest risk banking use cases, why banks should be moving quickly to adopt them, and how OneSpan delivers the most complete, secure, and enterprise ready passkey solution on the market.

With Gartner predicting that by 2027 more than 75% of workforce authentication and over 40% of customer authentication will be passwordless, the shift is accelerating and the institutions that move early will gain a meaningful security and UX advantage.

Segment Resources:

FIDO Alliance – Passkeys & Phishing Resistant Authentication https://fidoalliance.org/passkeys/ https://www.onespan.com/products/digi... https://onespan.widencollective.com/d...

This segment is sponsored by OneSpan.

Visit https://securityweekly.com/onespanrsac to learn more about them!

Show Notes: https://securityweekly.com/rsac26-3