Meet PSD2 Requirements with FIDO

New regulations require modern authentication


FIDO standards provide a secure, user-friendly way for the European payments industry to meet PSD2 strong authentication requirements.

The FIDO Alliance’s authentication standards provide a scalable way for the European financial ecosystem to meet PSD2 requirements for strong authentication of user logins and cryptographically signed transactions — while also meeting organizational and consumer demand for transaction convenience.

FIDO Authentication is based on open standards that are supported by an interoperable ecosystem of 800+ FIDO Certified solutions. Banks and payment services providers (PSPs) can select from many leading vendors of modern authentication solutions and/or they can develop and test their own FIDO-based PSD2 solutions. Once deployed, banks and PSPs may accept a variety of certified, interoperable FIDO-compliant authenticators in the market, including those in mobile devices and PCs, and hardware-backed security keys. The end result is a low-friction approach for user authentication that exceeds the European Banking Authority’s (EBA) PSD2 requirements.

The FIDO architecture offers a truly “best of both worlds” solution to the problems that drove the creation of multi-factor authentication requirements as defined in the EBA’s final draft Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA).

While several methods comply with PSD2 FIDO is the only one that checks all the boxes

CheckmarkUser Convenience

CheckmarkPSD2 Compliance


CheckmarkSecurity of the Solution


Read this white paper for a comparison of FIDO Authentication standards and legacy authentication methods used to access an account or secure an online payment to see why you should change to FIDO.

Want to see FIDO in action?

Watch these scenarios to see how FIDO can be used to meet PSD2 requirements while providing secure, simple user experiences.

Bob is making an in-app one-click purchase. With a touch to his fingerprint sensor he approves the transaction and authenticates himself in one action.

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While completing an online purchase, Jasmin uses her biometric-enabled FIDO Security Key to complete the transaction.

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Kathleen uses the built-in biometrics on her mobile device to authenticate a payment transaction on her computer.

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See how Lisa checks out seamlessly and securely on a merchant website using the biometric sensor built into her computer.

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Watch the full video on FIDO and PSD2!

Financial services organizations and policy makers who want to learn more about how FIDO Authentication meets the PSD2 requirements for strong online authentication can review the additional resources below, or request a briefing from the FIDO Alliance by filling out the form here.

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Want more PSD2 resources?

Visit the Knowledge Base!