Keynote Reshaping Digital Payment Authentication
summary
Payments see over 6 billion 3DS transactions in just over a year and 95% issuer adoption, yet online approval lags — 98% in‑person vs 80% online authorization — and roughly half of buyers abandon purchases monthly because of password friction. The talk shows two concrete FIDO use cases: merchants using first‑party credentials, and a third‑party flow enabled by Secure Payment Confirmation (SPC) where Chrome renders a browser confirmation, the authenticator signs transaction details, an assertion rides the 3DS message to the issuer, and non‑SPC devices gracefully fall back to normal 3DS.
AI-written summary · about
chapters (6)
- 0:00Welcome and introduction
- 1:32FIDO in digital payments
- 6:30Friction in checkout process
- 14:21Secure Payment Confirmation
- 22:30SPC benefits and next steps
- 24:04Q&A and closing
related talks
27mSecure Payments Confirmation 101
24mSeamless and Secure: The rise of payment passkeys
24mSeamless and Secure: The Rise of Payment Passkeys
25mThe Case Against Passwords: Biometric Authentication for SCA and the Pathway Forward
22mUse of FIDO Authentication Data in 3-D Secure Messages
33mSimple. Open. Mobile: A Look at the Future of Strong Authentication
42mSecurity, Fraud, and Compliance Panel
33mNavigating Passwordless Authentication with FIDO2 & WebAuthn