April 21, 2023

The Fintech Times: Are passwords a thing of the past? A passwordless future: 1Password Report

There is a strong appetite amongst consumers for easier-to-use login experiences; according to human-centric security and privacy company 1Password – which has released its ‘Preparing for a Passwordless Future’ report. Andrew Shikiar, executive director and CMO of the FIDO Alliance, said: “Passwordless technology brings great benefits for companies and their customers alike—making it easier to securely access online services while greatly reducing fraud and user frustration. This has been the mission of the FIDO Alliance since day one, with authentication experts from hundreds of companies, including 1Password, collaborating to make this vision a reality with passkey sign-ins.”

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