Authentication

The cards, which are expensive, have not grown quickly. But payment companies are angling for a pickup.

As more states adopt digital identity, there is an opportunity for banks to improve authentication.

The security company OneSpan has launched a new line of such products for financial institutions. Some are skeptical that stand-alone authentication devices are necessary.

For banks that want to replace usernames and passwords with more secure options, there's hope: Consumers are becoming more comfortable with biometrics, the technology is getting easier to use and regulators are starting to require it.

The Faster Identity Online Alliance has established its first user-experience guidelines and delivered new standards designed to more quickly move authentication processes past traditional username-and-password combinations.

The digital migration caused new risks, and new responsibilities for security professionals.