The FIDO Alliance Announces First FIDO Authentication Deployment -- PayPal and Samsung Enable Consumer Payments With

The FIDO Alliance Announces First FIDO Authentication Deployment -- PayPal and 
Samsung Enable Consumer Payments With Fingerprint
Authentication on New Samsung Galaxy S5 
MOUNTAIN VIEW, CA and BARCELONA, SPAIN -- (Marketwired) -- 02/24/14
--   Mobile World Congress (MWC) - The FIDO (Fast IDentity Online)
Alliance (http://www.fidoalliance.org/), an industry consortium
delivering standards for simpler, stronger authentication, today
announced the first deployment of FIDO authentication. Founding FIDO
board member PayPal, and their partner Samsung, have announced a
collaboration that enables Samsung Galaxy S5 users to login and shop
with the swipe of a finger in online, mobile and in-store payments
wherever PayPal is accepted. With FIDO Ready(TM) software on the
device and the new Samsung Galaxy S5 fingerprint sensor, which
Samsung announced today at MWC, users will securely and privately
communicate between their device and PayPal's service in the cloud.
PayPal will be the first global payments company to support Samsung's
mobile fingerprint authentication technology. 
Combining FIDO authentication with the new secure biometric feature
means users will no longer need to remember passwords or login
details when they shop. Samsung is one of the world's most trusted
handset makers, with a strong presence in more than 150 countries.
PayPal enables global commerce and processes more than 9 million
payments every day. Samsung Galaxy S5 users immediately benefit from
a uniquely secure and seamless online, mobile and in-store shopping
experience across the millions of merchants that accept PayPal. 
"We congratulate PayPal and Samsung on their partnership, and their
graphic demonstration of the value proposition that FIDO technologies
bring -- a login experience that is radically easier for consumers
than passwords; and one that is simultaneously much stronger for
Internet services," said Michael Barrett, president of the FIDO
Alliance. "While this first deployment of FIDO Ready technology
leverages a biometric -- a simple swipe of a finger -- we anticipate
FIDO authentication to emerge in many forms and applications, through
many providers and as a result of many more innovative partnerships
dedicated to moving beyond passwords with more secure, private,
easier-to-use authentication." 
The PayPal/Samsung deployment of FIDO authentication relies on a
PayPal secure wallet in the cloud, which does not store personal
information on the device. Customers can use their finger to
authorize PayPal payments directly from their new Samsung Galaxy S5,
because the FIDO Ready(TM) software on the device securely
communicates between the fingerprint sensor on their device and
PayPal's service in the cloud. Per FIDO specifications, the only
information a user's device shares with PayPal is a unique encrypted
key that allows PayPal to verify the identity of the customer without
having to store any biometric information on PayPal servers. 
FIDO standards will support a full range of authentication
technologies, including biometrics such as fingerprint and iris
scanners, voice and facial recognition, as well as further enabling
existing solutions and communications standards, such as Trusted
Platform Modules (TPM), USB Security Tokens, embedded Secure Elements
(eSE), Smart Cards, Bluetooth Low Energy (BLE), and Near Field
Communication (NFC). The open specifications are being designed to be
extensible and to accommodate future innovation, as well as protect
existing investments. FIDO specifications allow the interaction of
technologies within an interoperable infrastructure, enabling
authentication choice to meet the distinct needs of users and
organizations. 
Starting in April, FIDO authentication from PayPal and Samsung will
be available in 26 markets globally, including Australia, Brazil,
Hong Kong, Russia, United Kingdom and United States. 
About The FIDO Alliance
 The FIDO (Fast IDentity Online) Alliance,
www.fidoalliance.org, was formed in July 2012 to address the lack of
interoperability among strong authentication technologies, and remedy
the problems users face with creating and remembering multiple
usernames and passwords. The Alliance plans to change the nature of
authentication by developing standards-based specifications for
simpler, stronger authentication that define an open, scalable,
interoperable set of mechanisms that reduce reliance on passwords.
FIDO authentication is stronger, private, and easier to use when
authenticating to online services.  
The FIDO Alliance Board of Directors includes leading global
organizations: Blackberry(R); CrucialTec (KRX: 114120); Discover
Financial Services (NYSE: DFS); Google; Lenovo; MasterCard (NYSE:
MA); Microsoft (Nasdaq "MSFT"); Nok Nok Labs, Inc.; NXP
Semiconductors N.V. (NASDAQ: NXPI); Oberthur Technologies OT; PayPal
(NASDAQ: EBAY); RSA(R); Synaptics (NASDAQ: SYNA); Yubico.  
Contacts 
Suzanne Matick
for FIDO Alliance
831-479-1888 
suzanne@matick.net 
 
 
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