April 15, 2014
On 14th April 2014, it was announced that Global leader in secure identification solutions, Morpho has joined the FIDO (Fast IDentity Online) Alliance, an industry consortium delivering standards for simpler, stronger authentication during online transactions. As a member, Morpho will offer FIDO-compliant products allowing online service providers, banks and mobile network operators to provide more convenient and secure access to online services.
Morpho will contribute to FIDO’s vision of more secure and convenient online authentication for a broad range of identity and payment applications, said Michael Barrett, president of the FIDO Alliance. We are delighted to welcome Morpho as a Sponsor member and look forward to drawing upon their expertise in biometrics and protecting identity data, he added.
As a leader in secure identity management, we are delighted to join the digital industry’s most innovative players in revolutionizing online authentication, said Morpho’s Sr VP of Products and Innovation, Thomas Chenevier. Joining the FIDO Alliance is a natural move for Morpho at a time when we are expanding our e-service offering. Morpho employs more than 8,400 people in 40 countries and reported revenues of 1.5 Bn euros in 2013.
The FIDO (Fast IDentity Online) Alliance was launched in February 2013 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.