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OneSpan’s FIDO Authentication Technology to Support Japan's TSUBASA Alliance Banking Security Initiative

OSPN
  • OneSpan's FIDO authentication technology has been selected to support a shared initiative for the TSUBASA Alliance, a group of 10 regional banks in Japan.
  • Participating banks will establish a shared authentication infrastructure to strengthen mobile banking security against account takeover attacks & phishing fraud.
  • The initiative utilizes public-key cryptography to provide phishing-resistant authentication while maintaining a frictionless sign-in experience via device biometrics.
  • A shared approach aims to improve implementation efficiency & ensure consistent security standards across all member banks without management integration.
  • This selection reinforces OneSpan's commitment to the Japanese market through continued investment in FIDO authentication & collaboration with local partners.
  • The TSUBASA Alliance was launched in October 2015 by The Chiba Bank, The Daishi Hokuetsu Bank, & The Chugoku Bank & currently includes 10 independent member banks.
  • OneSpan offers the DigipassONE Authenticate solution to provide flexible FIDO & passkey deployments meeting specific technical, operational, & regulatory requirements.
  • OneSpan currently serves more than 60% of the world's 100 largest banks & processes over 100 million digital agreements & billions of authentication transactions annually.