“Bank of America is counted among the world’s leaders in financial services. “As the world rapidly changes, our involvement in the FIDO Alliance will help ensure we continue to provide the convenient and secure solutions our customers want.” “Providing our customers with a convenient, secure digital banking experience is a top priority for us,” said Dave Godsman, Bank of America Digital Banking Solutions & Operations Executive.
( * Please note – as of May 21, 2015, Yubico FIDO Ready™ products became official FIDO Certified™ products.
The YubiKey NEO is the industry’s first FIDO Universal 2nd Factor (U2F) Ready device and is currently being demonstrated at RSA 2014 at the NXP booth. FIDO certified devices offer better security and a greatly improved user experience over traditional software-and-hardware based authentication technologies.”įIDO Alliance members commit to share technology and collaborate to deliver open specifications for universal strong authentication that enables FIDO-compliant authentication methods to be interoperable, more secure and private, and easier-to-use. “We are pleased to see an ever-increasing number of large online services and financial institutions joining the FIDO Alliance and addressing the issues. “Historically, strong two factor hardware authentication has been too costly and complicated to scale for mass markets,” said Stina Ehrensvard, CEO and founder of Yubico. Among the world’s leading financial institutions, Bank of America is committing to FIDO standards for strong authentication, along with other leaders in the financial sector, including Discover Financial Services, MasterCard and Goldman Sachs. Today, Bank of America, has joined the FIDO Alliance and been appointed to the Board of Directors.
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