Shortly after Samsung-Mobile unveiled its latest flagship device the Galaxy S5, the FIDO (Fast IDentity Online) Alliance reported the device is the first FIDO authentication compliant smartphone.
At Mobile World Congress (MWC) in Barcelona, Samsung boasted the new fingerprint scanner located on it most recent flagship device. At the demonstration it was announced Samsung has partnered with PayPal to offer secure biometric payments through the PayPal mobile wallet application. The solution, not present on other mobile devices with a biometric scanner, most notably the Apple iPhone 5s and HTC One Max, is FIDO Ready. The scanner along with the FIDO certification can allow users to shop via fingerprint in online, mobile and in-store payments wherever PayPal is accepted.
Beginning this April, along with the Galaxy S5’s release, FIDO authentication from PayPal and Samsung will be available in 26 markets globally, including Australia, Brazil, Hong Kong, Russia, United Kingdom and United States.
Below is the official Press Release from the FIDO Alliance:
The FIDO Alliance, 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™ 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.
What to Look for in a Liquidity ProviderGo to article >>
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™ 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.