Discover Financial Services joins the FIDO Alliance
“The implementation of a fast and secure authentication method will allow us to both serve our customers and protect their information better, improving the overall customer experience,” Daniel Almenara, vice president of authentication and decision infrastructure solutions at Discover said. “Discover is committed to the continued improvement of universal authentication standards. We look forward to contributing the resources and expertise to these discussions on stronger authentication and more secure methods.”
FIDO 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.
Reported previously, Microsoft also recently joined the alliance’s board of directors.
“Our Board of Directors and the whole financial services community are stronger today as we welcome Discover Financial Services to the FIDO Alliance. With our rapidly growing body of members, Discover joins a powerful global ecosystem in bringing open standards for strong authentication to the marketplace for an easier user experience that is more secure and private,” Michael Barrett, president of the FIDO Alliance said. “True to its reputation, Discover continues to lead the financial services industry in innovation and service to the individual. Their commitment to FIDO authentication will improve millions of Discover users’ experiences, and equip Discover merchants with advanced management controls over risk.”
FIDO recently surpassed the 50-member mark in its first eight months as an official organization.