Quantcast

Discover Joins Online Authentication Group FIDO Alliance

Print
Email
Reprints
Comment
Twitter
LinkedIn
Facebook
Google+
Partner Insights

Discover Financial Services (DFS) has joined the Fast Identity Online Alliance, or FIDO, a group of companies working to develop new standards for online authentication.

Discover has also been named to FIDO's board of directors, the payments company announced Tuesday. It joins twelve other companies on the alliance's board, including MasterCard (MA), Google (GOOG) and PayPal.

FIDO members must commit to sharing technology and working together in order to develop authentication standards that are compliant with each other's systems. The group is working toward creating secure, industry-standard authentication methods that would replace the password.

"Discover is committed to the continued improvement of universal authentication standards," said Daniel Almenara, Discover's vice president of authentication, in the news release. "We look forward to contributing the resources and expertise to these discussions on stronger authentication and more secure methods."

Earlier this month, Microsoft (MSFT) joined FIDO and was named to its board.

JOIN THE DISCUSSION

SEE MORE IN

'I Want a Tom O'Brien Action Figure Doll': Comments of the Week

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

(Image: Bloomberg News)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.