Latest news with #FIDO
Finextra
2 days ago
- Business
- Finextra
OneSpan acquires Fido passwordless software authentication solution provider Nok Nok Labs
OneSpan Inc. today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Combined with OneSpan's recently launched FIDO2 security keys, this strategic acquisition enables the Company to provide customers worldwide with the industry's most innovative, comprehensive, and future-ready authentication portfolio. Whether on-premises or in the cloud, OTP or FIDO, software or hardware—including Digipass, FIDO2 protocols, and Cronto solutions for transaction signing—OneSpan now offers customers maximum flexibility to meet their authentication needs. 'This is more than an acquisition — it's a bold step toward providing customers with maximum choice in authentication,' said Victor Limongelli, CEO at OneSpan. 'We're evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok's world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market.' As a founding member of the FIDO Alliance, Nok Nok has been at the forefront of advancing passwordless authentication standards globally. With a customer base spanning the US, Asia, and Europe, Nok Nok delivers robust, standards-based security solutions trusted by leading enterprises. The company's strong authentication platform ensures seamless integration and scalability, supporting UAF and FIDO2 protocols to meet diverse regulatory and business requirements. Nok Nok leads the industry with innovative solutions that simplify secure user experiences across digital channels. 'Joining OneSpan marks an exciting new chapter for our team and our technology,' said Phillip Dunkelberger, President & CEO at Nok Nok. 'We've always believed that open standards like FIDO are an important part of the future of authentication, and with OneSpan's global reach and innovation engine, we're now poised to bring our vision to an even broader audience.' 'This is an exciting combination for the FIDO Alliance and the authentication market in general,' said Andrew Shikiar, Executive Director & CEO of the FIDO Alliance. 'Nok Nok has been a trailblazer in the FIDO ecosystem, and we're thrilled to see their innovation carried forward through OneSpan's global reach and resources.' With this acquisition, OneSpan plans to integrate the strengths of both companies into a unified, more powerful portfolio that delivers greater value to banking and enterprise customers.
Newsweek
2 days ago
- Business
- Newsweek
RaonSecure Leads Blockchain-Based Digital Identity Solutions
Supplied by an entity that has paid the news provider for its placement; not impartial journalism. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. In today's hyper-connected world, digital technology is the bloodstream of civilization. People are increasingly interacting with society and services through digital tools, and governments and services rely on digital identification to improve efficiency and provide higher-quality services. Managing sensitive personal information is an enormous responsibility, and the risks are significant; security and reliability are paramount to any business that collects personal data. For over 13 years, RaonSecure has been working to enhance cybersecurity and secure personal data, specializing in fast identity online (FIDO) tools. More than 20 million people rely on RaonSecure's FIDO-based biometric authentication technology, and it was the first company in the world to obtain FIDO certification. Soon-hyung Lee, Founder and CEO, RaonSecure. Credit: Courtesy of RaonSecure. Soon-hyung Lee, Founder and CEO, RaonSecure. Credit: Courtesy of RaonSecure. RaonSecure demonstrated its expertise by providing the South Korean financial sector with OnePass, a FIDO-based biometric authentication solution that enables seamless authentication across mobile and online banking services. The company's advanced security technology significantly enhanced user convenience and strengthened digital identity infrastructure across financial institutions. Based on decades of experience, RaonSecure is leading the way in blockchain-based digital ID implementation. Korea is considered a global leader in implementing digital IDs, having provided its citizens with mobile driver's licenses, national veteran's registration cards and other official credentials. Most recently, the government began issuing mobile national cards to over 45 million citizens—a system powered by RaonSecure's blockchain-based digital ID technology. The mobile national card holds the same legal validity as a physical ID and is expected to see increased use in online environments that support non-face-to-face identity verification using mobile national cards. OmniOne Digital ID Service Flow. Credit: Courtesy of RaonSecure. OmniOne Digital ID Service Flow. Credit: Courtesy of RaonSecure. RaonSecure is also achieving visible results in global markets. Leveraging its blockchain-based digital identity platform, OmniOne Digital ID, the company conducted pilot services with global enterprises in the U.S. and Japan. In 2023, RaonSecure successfully provided consulting for the development of Indonesia's national digital ID road map. In 2024, the company successfully carried out a pilot project for Indonesia's integrated digital ID service and completed a national public digital wallet development project in Costa Rica. RaonSecure is taking that expertise and collaborating with the global community. "Looking forward, we see significant potential in expanding our digital ID solutions globally," founder and CEO Soon-hyung Lee says. The company collaborates with countries, opting to make its technology open source. Lee explains, "We support nations by transferring core technology so they can build their own digital infrastructure and achieve self-sovereign identity." Furthermore, working with the United Nations and the World Bank's Identification for Development (ID4D) initiative, RaonSecure is helping build identification systems for remote locations, where citizens may not have any form of ID. "Without identification, they cannot access essential services like health care, education or government aid," he says. Developing nations receive assistance and grants from international organizations such as the World Bank and the United Nations. RaonSecure collaborates closely with organizations and governments and provides open-source technology to help them implement digital solutions. Lee says the company works closely with local and international systems integration (SI) companies, offering them core fundamental technology. Lee illustrates the benefits of a unified digital identification; his entire medical history is stored in his digital identification, which is implemented through OmniOne Digital ID. If he visits a hospital in the United States and then has a medical emergency in China, the Chinese hospital can instantly access his medical records from Korea and the United States. "This level of hyperconnectivity is the future we aim to build. Regardless of the blockchain systems different countries adopt, our goal is to ensure seamless interoperability," he explains. "I believe that the era of Web3 and digital transformation is approaching rapidly for all nations," Lee confidently states. The first step to global digitization is replicating what RaonSecure has accomplished in Korea with digital IDs. By making the underlying technology open source and pushing for standardization, Lee hopes to encourage and support nations' adoption of digital IDs. RaonSecure will provide essential services and solutions as countries integrate health care, digital voting, smart contracts and digital currencies. "In the past, when people asked me what kind of company RaonSecure is, I would say we specialize in cybersecurity. Now, I tell them we are the enabler of Web3." For more details, explore the website at: This report has been paid for by a third party. The views and opinions expressed are not those of Newsweek and are not an endorsement of the products, services or persons mentioned.
Business Wire
3 days ago
- Business
- Business Wire
OneSpan Accelerates FIDO Leadership With Acquisition Of Nok Nok Labs
BOSTON & SAN JOSE, Calif.--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options. Combined with OneSpan's recently launched FIDO2 security keys, this strategic acquisition enables the Company to provide customers worldwide with the industry's most innovative, comprehensive, and future-ready authentication portfolio. Whether on-premises or in the cloud, OTP or FIDO, software or hardware—including Digipass, FIDO2 protocols, and Cronto solutions for transaction signing—OneSpan now offers customers maximum flexibility to meet their authentication needs. 'This is more than an acquisition — it's a bold step toward providing customers with maximum choice in authentication,' said Victor Limongelli, CEO at OneSpan. 'We're evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok's world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market.' As a founding member of the FIDO Alliance, Nok Nok has been at the forefront of advancing passwordless authentication standards globally. With a customer base spanning the US, Asia, and Europe, Nok Nok delivers robust, standards-based security solutions trusted by leading enterprises. The company's strong authentication platform ensures seamless integration and scalability, supporting UAF and FIDO2 protocols to meet diverse regulatory and business requirements. Nok Nok leads the industry with innovative solutions that simplify secure user experiences across digital channels. 'Joining OneSpan marks an exciting new chapter for our team and our technology,' said Phillip Dunkelberger, President & CEO at Nok Nok. 'We've always believed that open standards like FIDO are an important part of the future of authentication, and with OneSpan's global reach and innovation engine, we're now poised to bring our vision to an even broader audience.' 'This is an exciting combination for the FIDO Alliance and the authentication market in general,' said Andrew Shikiar, Executive Director & CEO of the FIDO Alliance. 'Nok Nok has been a trailblazer in the FIDO ecosystem, and we're thrilled to see their innovation carried forward through OneSpan's global reach and resources.' With this acquisition, OneSpan plans to integrate the strengths of both companies into a unified, more powerful portfolio that delivers greater value to banking and enterprise customers. About OneSpan OneSpan provides secure authentication, identity, electronic signature and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than 60% of the world's 100 largest banks, OneSpan processes millions of digital agreements and billions of multi-factor authentication transactions in 100+ countries annually. For more information, go to You can also follow @OneSpan on X (Twitter) or visit us on LinkedIn and Facebook. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding: our beliefs and expectations about the future of authentication, including passwordless authentication and FIDO standards; our plans regarding Nok Nok Labs, Inc. technology and its integration with OneSpan solutions; and the general impact of, and outcomes from, the acquisition of Nok Nok Labs, Inc. Forward-looking statements may be identified by words or phrases such as "seek", "believe", "plan", "estimate", "anticipate", 'expect", "intend", "continue", "outlook", "may", "will", "should", "could", or "might" and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the 'Risk Factors' section of our Annual Report on Form 10-K, as updated by the 'Risk Factors' section of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. Our filings with the Securities and Exchange Commission (the 'SEC') and other important information can be found in the Investor Relations section of our website at We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law. Unless otherwise noted, references in this press release to 'OneSpan', 'Company', 'we', 'our', and 'us' refer to OneSpan Inc. and its subsidiaries.
Associated Press
5 days ago
- Business
- Associated Press
HYPR Advances Mission to Bring Workforce Identification to Scale
NEW YORK, June 03, 2025 (GLOBE NEWSWIRE) -- HYPR, the Identity Assurance Company, today announced at Identiverse, the next phase in its market leadership, unveiling strategic initiatives to deliver comprehensive, phishing-resistant identity assurance across all devices and applications. Headlining these developments are the public launches of the free HYPR Affirm identity verification solution trial and HYPR's new Workforce Identity Verification Audit. Complementing these new offerings, the company is also forging a key partnership with HID Global to unify physical and digital access through verified identities, creating a cohesive and secure access experience. These strategic advancements collectively accelerate HYPR's mission to scale FIDO-based authentication, setting a new standard for accessible identity security. Interactive Preview Unveils Seamless Identity Verification With 95% of organizations encountering some form of deepfake attack in the past year alone, the imperative for robust identity verification has never been clearer. Enterprises and users can now experience the power of HYPR Affirm firsthand with free, interactive access publicly available on the HYPR website. This self-service tool showcases how HYPR Affirm uses multi-factor identity checks, including document verification, facial biometrics, and passive liveness detection, to seamlessly and securely verify identities without requiring IT intervention or complex sign-ups. First time users can experience the complete verification flow, empowering organizations to ensure every current employee is indeed a fully verified identity. Unified Physical and Digital Security with HID Global Reflecting its commitment to a comprehensive identity assurance platform, HYPR has partnered with HID, a global leader in trusted identity solutions. This collaboration delivers a unified solution integrating physical and digital access control. By combining software- and hardware-based FIDO authenticators, including HID Crescendo® smart cards, the HYPR and HID integration enables organizations to deploy one smart credential for every door, device, and application. Key benefits of the partnership include: 'Unifying physical and digital security has long been a critical challenge for enterprises, often leading to fragmented access and security gaps,' said Sean Dyon, VP of Authentication Business Unit at HID. 'By combining HYPR's phishing-resistant FIDO authentication with HID Crescendo smart cards, we're enabling organizations to truly deploy one smart credential for every door, device, and application. This means comprehensive protection, simplified provisioning, and reduced overhead – fundamentally transforming how users access their world and IT teams manage identities.' Assured Workforce Identity with HYPR Affirm Audit Securing the workforce has become the ultimate frontline in a world of rapidly evolving cyber threats. HYPR is introducing its HYPR Workforce Identity Verification Audit, a precision-engineered, one-and-done solution designed to audit your workforce in a single sweep, providing a comprehensive, rapid assessment of an organization's workforce identity. This audit acts as a critical spotlight, offering fast, secure, jargon-free, and real-time insights for high-stakes projects, routine security health checks, and essential compliance needs. The service provides end-to-end identity proofing and targeted deployment for a predefined number of users, automating the verification process to reduce manual effort, and offers robust audit trails and actionable insights for compliance and internal review. Ultimately, the HYPR Affirm Audit enhances security posture by stopping fraud at the source, mitigating identity fraud risks and helping organizations meet stringent compliance requirements and Know Your Employee (KYE) controls. 'Today marks a pivotal moment in our mission to secure every digital identity,' says Bojan Simic, CEO of HYPR. 'We're committed to making best-in-class identity assurance accessible and user-friendly, and today's announcements underscore that promise. The public launch of free HYPR Affirm and the Workforce Audit, combined with our strategic partnership with HID Global, fundamentally elevates enterprise security. We're not just accelerating the adoption of FIDO-based authentication; we're making it universally accessible, simple, and comprehensive across every facet of a user's journey – from physical entry to critical digital access. Identity is the new perimeter, and we are dedicated to helping our customers secure it.' About HYPR HYPR, the Identity Assurance Company, helps organizations create trust in the identity lifecycle. The HYPR solution provides the strongest end-to-end identity security, combining modern passwordless authentication with adaptive risk mitigation, automated identity verification and a simple, intuitive user experience. With a third-party validated ROI of 324%, HYPR easily integrates with existing identity and security tools and can be rapidly deployed at scale in the most complex environments. Media Contact: Fabienne Dawson [email protected] 917.374.6860
Yahoo
5 days ago
- Business
- Yahoo
Token Unveils BioKey: Next-Generation Biometric Security Key for Enterprise-Grade, Phishing-Resistant MFA
New FIDO-compliant USB, Bluetooth, and NFC BioKeys with biometric login and centralized management for enterprise use. ROCHESTER, N.Y., June 03, 2025--(BUSINESS WIRE)--Token, a leader in wearable and biometric authentication solutions, today announced the launch of Token BioKey, a new line of FIDO-compliant security keys that provide enterprises with phishing-resistant, passwordless multifactor authentication (MFA). Built with on-device fingerprint sensors and secure elements, Token BioKey delivers strong biometric authentication in a compact, field-upgradable form factor and compliments Token's wearable biometric smart ring. The Token BioKey series includes two models: Token BioKey: USB-only connectivity Token BioKey Plus: USB + Bluetooth + NFC + USB-rechargable Both models feature a capacitive fingerprint sensor for on-device biometric verification and an EAL5+ certified secure element for safe storage and use of FIDO credentials. The Plus model includes a battery to power radio functions when not connected to the user device. "Token BioKey is designed to meet the evolving security needs of modern enterprises," said Rob Osterwise, VP R&D, CTO of Token. "By combining biometric authentication with flexible connectivity options and centralized management, we're providing organizations with a scalable solution to combat phishing and other cyber threats." Key Features: Phishing-Resistant MFA: Mitigates risks associated with phishing, man-in-the-middle attacks, and other vulnerabilities of legacy MFA solutions. Biometric Security: Ensures that only the registered user can utilize the key, even if it's lost or stolen. Field Upgradable: Allows for firmware updates to address emerging threats and maintain cutting-edge security. Centralized Management: The Token Authenticator Console enables administrators to manage hardware assignments, customize security settings, and handle provisioning and deprovisioning across the organization. Seamless Integration: Compatible with major IAM and SSO solutions, including Microsoft, Cisco Duo, Okta, Google, and Ping. Token BioKey is now available for enterprise deployment. Organizations interested in enhancing their security posture with Token BioKey can request a demo at About Token In a world of stolen identities and compromised user credentials, Token is changing the way our customers secure their organizations by providing passwordless, biometric, multifactor authentication. We deliver the next generation of multifactor authentication solutions that are invulnerable to social engineering, malware, and tampering for organizations where breaches, data loss, and ransomware must be prevented. To learn more, visit View source version on Contacts Media Contact: Dan ChmielewskiMadison Alexander PR949-231-2965dchm@ Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
