FIDO Alliance Publishes New Specifications to Promote User Choice and Enhanced UX for Passkeys
The FIDO Alliance has published a working draft of a new set of specifications for secure credential exchange that, when standardized and implemented by credential providers, will enable users to securely move passkeys and all other credentials across providers. The specifications are the result of commitment and collaboration amongst members of the FIDO Alliance’s Credential Provider Special Interest Group including representatives from: 1Password, Apple, Bitwarden, Dashlane, Enpass, Google, Microsoft, NordPass, Okta, Samsung and SK Telecom.
Secure credential exchange is a focus for the FIDO Alliance because it can help further accelerate passkey adoption and enhance user experience. Today, more than 12 billion online accounts can be accessed with passkeys and the benefits are clear: sign-ins with passkeys reduce phishing and eliminate credential reuse while making sign-ins up to 75% faster, and 20% more successful than passwords or passwords plus a second factor like SMS OTP.
With this rising momentum, the FIDO Alliance is committed to enabling an open ecosystem, promoting user choice and reducing any technical barriers around passkeys. It is critical that users can choose the credential management platform they prefer, and switch credential providers securely and without burden. Until now, there has been no standard for the secure movement of credentials, and often the movement of passwords or other credentials has been done in the clear.
