FIDO Alliance Announces Virtual Commerce Summit Amid Rising Online Payments Fraud and Authentication Challenges

MOUNTAIN VIEW, Calif., March 10, 2022 /PRNewswire/ — The FIDO Alliance is pleased to announce its first Authenticate Virtual Summit of 2022: The FIDO Fit in Commerce: Examining the Present and Future of Authentication in Banking, Retail, Crypto and Blockchain. The summit features iconic sponsors Daon, Keyless and nok nok.

Attendees will hear from industry experts about the authentication challenges facing all commerce players today and learn about FIDO’s invaluable role in the industry. The program provides market-specific information and will be broadcast March 30 in the USA (2:00 p.m. – 5:30 p.m. EDT) and March, 31st in Europe (2:00 p.m. – 5:30 p.m. CET).

Online payment fraud is increasing globally, totaling an estimate 20 billion US dollars lost last year. Meanwhile, Forrester research suggests poor online checkout experiences are costing brands dearly $18 billion one year of cart abandonment. This event invites banking, retail, crypto and blockchain players to learn how they can meet the urgent need to provide simpler and stronger user authentication, and why FIDO has quickly become a rock. cornerstone of the future of commerce.

The agenda includes presentations from leading financial institutions, solution providers and industry analysts to explore:

  • Trade authentication today and its challenges
  • The benefits and risks of different authentication methods
  • Main privacy and regulatory requirements – and their evolution
  • The Modern Strong Authentication Imperative in Commerce
  • Use cases and practical information on deploying FIDO
  • The future of authentication in commerce

Speakers include executives from HR-ISAC, eBay, Gemini, Goode Intelligence, PLUSCARD, Entersekt, LoginID, the Greensheet, IDnow and more.

Register for free and view the event agenda here. All sessions will also be available on demand after the second broadcast.

Sponsorship Opportunities
The Authenticate 2022 Virtual Summit Series is accepting sponsorship applications, providing a number of lead generation and brand exposure opportunities for interested organizations. Visit Authentication sponsorship page for more information or contact [email protected].

About FIDO Alliance
The FIDO Alliance (Fast IDentity Online), fidoalliance.orgwas formed in July 2012 to address the lack of interoperability between strong authentication technologies and to address issues users experience when creating and remembering multiple usernames and passwords. The FIDO Alliance is changing the nature of authentication with standards for simpler, stronger authentication that defines a set of open, scalable, and interoperable mechanisms that reduce reliance on passwords. FIDO Authentication is stronger, private and easier to use when authenticating to online services.

Contact PR
[email protected]

SOURCE FIDO Alliance, Inc.

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