The FIDO Alliance Announces First FIDO Authentication Deployment -- PayPal & Samsung Enable Consumer Payments With Fingerprin...
24 Febbraio 2014 - 9:56PM
Marketwired
The FIDO Alliance Announces First FIDO Authentication Deployment --
PayPal and Samsung Enable Consumer Payments With Fingerprint
Authentication on New Samsung Galaxy S5
MOUNTAIN VIEW, CA and BARCELONA, SPAIN--(Marketwired - Feb 24,
2014) - Mobile World Congress (MWC) - The FIDO
(Fast IDentity Online) Alliance (http://www.fidoalliance.org/), an
industry consortium delivering standards for simpler, stronger
authentication, today announced the first deployment of FIDO
authentication. Founding FIDO board member PayPal, and their
partner Samsung, have announced a collaboration that enables
Samsung Galaxy S5 users to login and shop with the swipe of a
finger in online, mobile and in-store payments wherever PayPal is
accepted. With FIDO Ready™ software on the device and the
new Samsung Galaxy S5 fingerprint sensor, which Samsung announced
today at MWC, users will securely and privately communicate between
their device and PayPal's service in the cloud. PayPal will be the
first global payments company to support Samsung's mobile
fingerprint authentication technology.
Combining FIDO authentication with the new secure biometric
feature means users will no longer need to remember passwords or
login details when they shop. Samsung is one of the world's most
trusted handset makers, with a strong presence in more than 150
countries. PayPal enables global commerce and processes more than 9
million payments every day. Samsung Galaxy S5 users immediately
benefit from a uniquely secure and seamless online, mobile and
in-store shopping experience across the millions of merchants that
accept PayPal.
"We congratulate PayPal and Samsung on their partnership, and
their graphic demonstration of the value proposition that FIDO
technologies bring -- a login experience that is radically easier
for consumers than passwords; and one that is simultaneously much
stronger for Internet services," said Michael Barrett, president of
the FIDO Alliance. "While this first deployment of FIDO Ready
technology leverages a biometric -- a simple swipe of a finger --
we anticipate FIDO authentication to emerge in many forms and
applications, through many providers and as a result of many more
innovative partnerships dedicated to moving beyond passwords with
more secure, private, easier-to-use authentication."
The PayPal/Samsung deployment of FIDO authentication relies on a
PayPal secure wallet in the cloud, which does not store personal
information on the device. Customers can use their finger to
authorize PayPal payments directly from their new Samsung Galaxy
S5, because the FIDO Ready™ software on the device
securely communicates between the fingerprint sensor on their
device and PayPal's service in the cloud. Per FIDO specifications,
the only information a user's device shares with PayPal is a unique
encrypted key that allows PayPal to verify the identity of the
customer without having to store any biometric information on
PayPal servers.
FIDO standards will support a full range of authentication
technologies, including biometrics such as fingerprint and iris
scanners, voice and facial recognition, as well as further enabling
existing solutions and communications standards, such as Trusted
Platform Modules (TPM), USB Security Tokens, embedded Secure
Elements (eSE), Smart Cards, Bluetooth Low Energy (BLE), and Near
Field Communication (NFC). The open specifications are being
designed to be extensible and to accommodate future innovation, as
well as protect existing investments. FIDO specifications allow the
interaction of technologies within an interoperable infrastructure,
enabling authentication choice to meet the distinct needs of users
and organizations.
Starting in April, FIDO authentication from PayPal and Samsung
will be available in 26 markets globally, including Australia,
Brazil, Hong Kong, Russia, United Kingdom and United States.
About The FIDO Alliance The FIDO (Fast IDentity Online)
Alliance, www.fidoalliance.org, was formed in July 2012 to address
the lack of interoperability among strong authentication
technologies, and remedy the problems users face with creating and
remembering multiple usernames and passwords. The Alliance plans to
change the nature of authentication by developing standards-based
specifications for simpler, stronger authentication that define an
open, scalable, interoperable set of mechanisms that reduce
reliance on passwords. FIDO authentication is stronger, private,
and easier to use when authenticating to online services.
The FIDO Alliance Board of Directors includes leading global
organizations: Blackberry®; CrucialTec (KRX: 114120); Discover
Financial Services (NYSE: DFS); Google; Lenovo; MasterCard (NYSE:
MA); Microsoft (Nasdaq "MSFT"); Nok Nok Labs, Inc.; NXP
Semiconductors N.V. (NASDAQ: NXPI); Oberthur Technologies OT;
PayPal (NASDAQ: EBAY); RSA®; Synaptics (NASDAQ: SYNA); Yubico.
Contacts Suzanne Matick for FIDO Alliance 831-479-1888 Email
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