Discover more about how well-designed eSIM solutions combined with the latest biometric solutions can meet new requirements without compromising security.

Adopting PSD2's SCA guidelines will help set up a high degree of protection for online transactions. Also, biometrics are becoming the norm across industries.

Start implementing LoginID FIDO2 passwordless authentication and transaction confirmation with digital signature today by contacting our experts, Visit LoginID.

In this video, Bill Leddy of LoginID (VP Authentication and Identity), speaks at the Authenticate 2021 conference about FIDO Device Onboarding (FDO), vouchers, and authentication.

The pandemic and regulatory requirements pressures have led to healthcare providers prioritizing scale and speed of their systems. With so much personal information flowing back and forth, the importance of protecting this information with strong authentication is more important than ever.

In this video, taken at the Authenticate 2021 conference, a panel consisting of Vittorio Betocci (Principal Architect, Auth0), Simon Law (CEO, LoginID), and Nick Steele (Principal Security Engineer, Gemini) sit down to discuss FIDO and answer any questions developers might have.

LoginID is a FIDO2-certified passwordless authentication solution that supports open banking and finance operators by providing consistent customer experience.

With LoginID’s FIDO2-certified passwordless authentication, firms can step up their safeguards against cyber threats using biometric authentication.

Crypto exchanges have been the ideal tool for criminals to use for money laundering. Regulations in place, authorities can keep track of investors' transactions

As industry leaders continue to create innovative technology, more companies are now adopting digital tools for their operations. They allow enterprises to execute business plans effectively and seamlessly communicate with their customers.

As industries digitize their services thanks to innovation, research and the COVID-19 pandemic, contactless services are becoming commonplace. However, digital fraud is also on the rise, and businesses are looking for ways to, both, detect and prevent fraud.

LoginID’s FIDO2 passwordless authentication solution is highly secure, and reduces onboarding friction. It enables online retailers to meet PSD2 requirements.

LoginID improves security, privacy, and convenience, while keeping in mind the dangers of passwordless authentication and resolving them.

New ways are also being developed to reduce risks and threats to mobile phone usage. One game-changer to this goal is the FIDO2 (Fast Identity Online) protocol.

A Particular solution is LoginID’s payment authentication, providing merchants with a frictionless, FIDO2-certified security mechanism for payment transactions.

LoginID’s FIDO2 passwordless authentication solution is highly secure. It enables financial institutions to offer identity verification in gadget platforms.

Reliable authentication protocols are essential for every organization to verify its users. Too often, the traditional password system is compromised, copied, or shared. It exposes data to theft and malicious intrusions. Consequently, advanced authentication solutions vendors constantly improve and develop their existing methods of authentication. Biometrics, smartcards, and tokens are some of the most popular alternatives to passwords.

What is Fraud? How Does Fraud Happen? How to Reduce the Chances of Fraud? LoginID's real-time fraud prevention solutions will help prevent future frauds.

A lot has been said about how the key to strong customer authentication (SCA) is in the specifics — what to exempt, the iteration of 3D Secure. But one piece of the puzzle, one crucial to creating a smooth customer experience cannot be ignored: the significance of delegated authentication. To put it simply, the only way for an online merchant to maintain total control of their customer experience under PSD2’s strong customer authentication requirements is to run their ecommerce site with delegated authentication.

Privacy and security are at the center of LoginID's services. To learn more about LoginID fraud prevention tools, get started by registering for a free account.

Businesses can reduce the falling for financial scams. LoginID equips with the necessary fraud prevention tools. Get started by registering for a free account.

In this video, PYMNTS.com Editor and Chief, Matt Nesto, Algorand Director of Business Solutions, Guiliana Berchicci, and Bnext CEO, Guillermo Vicandi discuss decentralized finance (DeFi) and its impact on the future of the banking and financial services industry.

User authentication is like a plane taking off or landing. It’s the most important and also the most dangerous event. In the same way we can assess a pilot’s qualification by the softness of their landing, we can measure a user's authentication quality based on their login behavior.

In the past decade, rapid technological advancement has resulted in the advent of new payment methods. The emergence of smartphones gave way to the innovation of online applications that provide consumers with a [digital wallet](https://loginid.io/blog/blog-are-digital-wallets-safe-for-crypto) that they can use for their financial needs. LoginID’s FIDO2 passwordless authentication solution is highly secure and simple to integrate. It enables digital wallet providers and fraud prevention tools.

Banks and other financial institutions have been moving their customers onto digital channels for a few decades now. However, it was not until the pandemic struck that the need for convenient and remote banking facilities intensified. Lockdowns and restricted mobility all around the world pushed individuals to engage in digital banking and contactless payments. LoginID can help banks and financial services ensure onboarding security with its strong authentication solution. Contact our experts today at sales@loginid.io.

The popularity of NFTs (Non-Fungible Tokens) has exploded in the past 12 months with trading volume nearing $11 billion in the third quarter of 2021. However, with investors pouring billions into this new asset class, NFTs have already become a prime target for hackers just like traditional cryptocurrencies. As a result, using weak authentication measures when securing an NFT can be a very costly mistake.

Coinbase recently revealed the extent of its hack that occurred between March and May of 2021 and during that time over 6,000 customers had crypto stolen from their accounts. Like with many such attacks, it originated with a massive phishing attack that tricked users into giving up their usernames, passwords, and phone numbers.

There has been a significant shift towards mobile payments and digital wallets over the past year and half. Before the pandemic digital wallet usage was already trending upward, but COVID has shifted that trend into high gear.

Click here to try LoginID’s payment authentication passwordless authentication tool free

We’re excited to announce the launch of our brand new developer dashboard! Integrate FIDO2-certified passwordless authentication into your website or app quickly and easily.

Try LoginID’s strong customer authentication solution for free or contact us at mailto:sales@loginid.io to learn more about how we can help your business.

Microsoft’s new feature, allowing users to eliminate passwords from Microsoft accounts, is debuting. Users can now sign into their Microsoft account with Windows Hello, a Microsoft authenticator application, a security key, or an email/SMS verification code, in place of a password.

Add FIDO2 Passwordless Authentication to your Digital Wallet for Free or contact us at sales@loginid.io for more information or to schedule a call.

Convenience is one of the big drivers of new online experiences; according to a report by PwC, 32% of consumers would abandon a brand they were loyal to in the past after only one bad experience.

LoginID’s passwordless authentication platform is free to try. Or email sales@loginid.io to learn how LoginID can help your organization.

PSD2 (Payment Service Providers Directive) is going into effect across Europe and its requirements surrounding strong customer authentication (SCA) have proven difficult for some merchants and issuers to effectively implement - due to high costs, long implementation cycles and other factors. This has resulted in high cart abandonment rates across the continent when it comes to ecommerce. In addition, some of the methods of strong customer authentication are still vulnerable to fraud.

In this week’s Torque Social Hour, CEO of LoginID Simon Law chats with the TorqueMag and WPEngine teams about LoginID’s ​​biometrically enabled FIDO2 passwordless authentication solution. The plugin allows WordPress admins to leverage their end user’s existing device biometrics to quickly and easily integrate multi-factor authentication into their website. LoginID’s ​​FIDO2 passwordless authentication plugin is aligned with PSD2, GDPR, CCPA, and HIPPA.

Improving customer experience and retention by reducing account takeover should be the goal of every financial services provider. Strong identity verification bound to strong authentication protects your customer’s data, gives assurances around customer authenticity when interacting and helps eliminate account takeovers. Solutions such as LoginID help financial institutions, banks and card issues to integrate strong authentication and identity verification.

FIDO2 is an abbreviation for Fast Identity Online, it is designed to solve the world’s password problem. Today, the primary method for logging into a website or app is to use a password, however passwords are a weakness when it comes to fraud prevention. Besides being a major vulnerability for businesses, passwords are also an inconvenience for customers. More than eighty percent of data breaches (avg loss of $3.9M) can be directly tied to passwords with the price of resetting a password via a help desk averaging about $70. The password problem also negatively impacts conversion rates. Online merchants can expect to see a cart abandonment of about 30% caused by lost passwords.

Novi, the digital wallet created by Facebook, is coming to market. LoginID's CEO, Simon Law, gives his quick take on the launch and the crypto space. LoginID works with crypto exchanges and digital wallets to provide FIDO2 certified strong customer authentication and payment authentication for their users. Fraud prevention has become a priority in the space and LoginID's authentication platform is perfect for protecting your digital wallet.

Authentication demonstrates a highly important security issue for online companies of any type, with unauthorized access representing 43% of successful data breaches at businesses in the US in 2020. Customer losses from identity fraud added up to $56 billion in 2020, and 53% of United States federal, state and local government bureaus have seen an increase in account takeover fraud in the past couple of years.

There is a line of thought that exists - banks actually do not care about fraud because they can write off the losses as a deduction against their tax burden. This is similar to the methodology banks use to remove bad loans from their books.

Many investors are drawn to the crypto space because of the promise of anonymity, decentralization, and return on investment, sparking an explosion in the number of crypto investors over the past few years. However, these same appeals make the space vulnerable to fraudsters who exploit even seasoned crypto veterans. The influx of capital into the crypto market has, in turn, led to a rapid growth in fraud and potentially other illicit activities. According to the Federal Trade Commission (FTC), October 2020 to June 2021 saw consumers reporting losses of $80m due to crypto-investment fraud, and one has to imagine that number drastically under-represents reality by some margin.

On the 12th of May 2021 Joe Biden, the President of the United Status (POTUS), signed an Executive Order (EO), focused on cyber security, into existence. This EO’s purpose is to strengthen Federal network security, internally as well as with any organization that conducts business with the Federal government. The EO mandates that IT providers, IT security providers, federal agencies, and any other organization that provides software to federal agencies utilize multi-factor authentication (MFA), as well as be compliant with the Director of CISA’s cloud-service governance framework within sixty days of the EO date, with a further evaluation on the types and sensitivity of data conducted within ninety days of the EO date.

Enterprises are facing heightened scrutiny from governments and regulatory bodies with regards to security and protection of customer information. Therefore it is important for Enterprises to meet or exceed best practices related to protecting customer interactions. The following document will go over LoginID’s FIDO certified strong customer authentication products versus proprietary biometric solutions.

In today’s digital world, cybersecurity is essential, especially when it comes to protecting digital financial accounts, or digital wallets that hold crypto assets. Ensuring that only the authorized account owner(s) can access account information is as important as securing the network over which the data is transmitted. This is because, unlike bank accounts, there is no regulatory protection, such as the FDIC, in place for users who lose their crypto assets, or get their crypto assets stolen, due to their account or digital wallet getting hacked.

Despite all the recent technological improvements and connectivity advancements that aid us in our daily lives, one fact still threatens the stability and security of the whole enterprise: half of us still reuse our passwords. It may feel like a minor issue that is relatively simple to fix, however it is far more threatening and possibly more harmful than it may seem.

The upside is we may ultimately be seeing the final days of credit card fraud. The downside, however, is that online grifters and cyber thieves have upgraded from pilfering plastic to something even more significant: identity theft. The change comes during a period in which stronger authentication methods and standards, spurred by new privacy laws, are reducing the reliance on cookies (the browser kind) and passwords, and in the end will lower cart abandonment in the offing.

Maybe it’s a local band with a couple random numbers. Or a first-grade teacher’s name with an exclamation point. Regardless of the methodology, the average internet user has around seventy and eighty password combinations to recall. If you had to recite all those passwords, it might add up to a similar range of words as a four-stanza poem. Effectively, passwords are an analog identity solution in a digital world. There have been many efforts to eliminate passwords, mostly utilizing biometrics.

In this video, Brandon Krieger of Daily Cyber and CEO of LoginID, Simon Law, talk about the effectiveness of a PIN when it comes to strong customer authentication. They also discuss the growing need for passwordless authentication in the crypto exchange and digital wallet space (full transcript below).

In this video, Brandon Krieger of Daily Cyber and CEO of LoginID, Simon Law, discuss how passwordless authentication works with older software and devices that are not biometrically enabled. They also discuss how passwordless authentication can benefit businesses as well as consumers (full transcript below).

In this video, Brandon Krieger of Daily Cyber and CEO of LoginID, Simon Law discuss what passwordless authentication really means and how it is far more secure than using a traditional password. They also discuss the vulnerabilities of passwordless authentication and how with FIDO/FIDO2 certified strong customer authentication can eliminate them.

In this video, Brandon Krieger of Daily Cyber and CEO of LoginID, Simon Law talk about the future of passwords and how FIDO/FIDO2 certified strong customer authentication is a much more secure method of fraud prevention. LoginID’s free to try open SaaS passwordless authentication platform can be integrated with a website or app in just a few lines of code.

A broken authentication flow is one of the top security risks facing any company. All too often, companies either implement ineffective solutions, or forego them altogether. This gives cyber terrorists a free pass to take advantage of weak credentials, steal access keys, and even exploit security vulnerabilities to carry out system attacks.

The Coronavirus pandemic and its need for social distancing has encouraged a lot of businesses to go online. From selling goods over the internet to providing services and accepting payments online, companies all over the world have embraced this as a new norm. Unfortunately, the rise in cybercrime and cyberattacks have risen as well during this pandemic. Apart from worrying about how to transition their businesses online with as little disruption to customers as possible, companies’ cybersecurity teams are now under immense pressure to ensure their infrastructure, customer data and transactions are well protected against cyber threats.

A majority of online crimes, especially data breaches, have financial motivations. Nearly 80% of data breaches aim to obtain information such as financial account information, social security numbers, insurance information, and online banking details. Once this information is obtained, hackers misuse it to gain illegal access to bank accounts, defraud institutions, and other such financial and identity crimes.

In today’s world, digitalization is all around us, penetrating every field and embedding itself into our ways of life. From online payments, access and rights management, to communications, digitalization has become the new norm. While digitalization is great news for consumers, it demands a lot from companies’ technical teams. In addition to ensuring the health of the servers and providing invaluable technical support to the rest of the organization, they now need to shift their thinking to strategic security. The security measures of yesteryear like firewalls, antiviruses and encryption technology are no longer strong enough to block corporate attacks.

Biometric technology protects the world from identity theft and cybercrimes. It offers an unbreakable way for users to authenticate with their own unique biometric characteristics. Advances in science, software, hardware, encryption, and regulations have catapulted the integration of biology-based authentication—with no slowdown in sight.

Modern biometric technology began in the 1960s, evolving into high-tech scanners that read bio-markers with an accuracy touching 100%. In 2020, biology-based science is disrupting the authentication industry—at speed. The future is now passwordless.

Every now and then, the world pivots. Something happens that changes the way we do everyday things. 2020 is the pivot toward the everyday use of biometric authentication. Biometrics replace passwords as an easier, safer way to authenticate. Biometric authentication measures (the metric) a user’s biology (a thumbprint, for example) against a stored version of that metric.