The ultimate guide to FIDO
Forgotten passwords are to blame for one-third of abandoned online purchases, proving passwords to be both ineffective and costly. FIDO enables passwordless authentication and fast, secure digital access.
Discover the Entersekt difference: built into the platform and the partnership to be context-aware, market-focused, and close to customers.
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A different approach to digital banking and payment authentication
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Swisscard replaces OTPs to authenticate online payments
Passwordless authentication
Enable secure, passwordless authentication for digital banking and payments with options like mobile push notifications, device identity, passkeys and risk-based methods for frictionless prevention of phishing and social engineering attacks
80%
Are caused by over-reliance on passwords
>50%
Re-use passwords across accounts
Only 12%
Use new credentials when opening a new online account
Strengthen your defense against social engineering, phishing and AI-powered account-takeover (ATO) attacks. Entersekt validates legitimate customers while stopping fraudsters with multiple active and silent, multi-factor authentication options.
Data breaches or exposed/stolen user credentials put account access in the hands of bad actors.
Entersekt’s patented device identity technology silently authenticates account access across mobile devices and browsers.
Spoofing and scams hijack one-time passwords to gain access to accounts with weak authentication defenses.
FIs can replace passwords and OTPs with biometric authentication suitable for all digital platforms.
Vishing attacks use man-in-the-middle or fake website tactics to steal and reuse authentication credentials.
Verify customer transactions with descriptive mobile app notifications and cross-channel proximity authentication.
eBook
In 2020, cybercrime cost the global economy $2.9 million every minute. Even more alarming is that 80% of cyberattacks were password-related. FIDO enables passwordless authentication to take center stage and solve both digital-security and customer-experience challenges caused by passwords.
Steps to a passwordless future
Protect your customers through their banking and payment journeys without them needing to remember or store passwords. Entersekt’s foundational layer of patented device identity supports secure and convenient alternatives like biometric authentication, in-app authentication, and FIDO-powered security keys.
Maximize security and minimize friction by leveraging passwordless customer authentication across all digital banking and engagement channels.
Passwordless payment authentication for next-gen fraud prevention. Entersekt is a global leader in EMV 3-D Secure (3DS) certified solutions for end-to-end transaction authentication across all three domains.
Risk-based authentication dynamically adjusts authentication requirements based on contextual risk factors—such as device, location, and user behavior—to balance security and user experience.
Maximize security and minimize friction by leveraging passwordless customer authentication across all digital banking and engagement channels.
Passwordless payment authentication for next-gen fraud prevention. Entersekt is a global leader in EMV 3-D Secure (3DS) certified solutions for end-to-end transaction authentication across all three domains.
Risk-based authentication dynamically adjusts authentication requirements based on contextual risk factors—such as device, location, and user behavior—to balance security and user experience.
Instant protection for instant payments
FirstBank, one of the largest and best-performing privately held banks in the U.S., is working to prevent fraudsters from gaining the upper hand. They recently ‘leveled up’ the security of their Zelle® P2P payment process by expanding their use of Entersekt’s payment authentication technology.
“If payments are determined to be high risk we send customers a push notification via their mobile app to confirm the payment.”
Frictionless access. Uncompromising protection.
Find quick answers to frequently asked questions about passwordless authentication