This post was originally published on Finextra (Security)
OneSpan Inc. today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options.
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Combined with OneSpan’s recently launched FIDO2 security keys, this strategic acquisition enables the Company to provide customers worldwide with the industry’s most innovative, comprehensive, and future-ready authentication portfolio. Whether on-premises or in the cloud, OTP or FIDO, software or hardware—including Digipass, FIDO2 protocols, and Cronto solutions for transaction signing—OneSpan now offers customers maximum flexibility to meet their authentication needs.
“This is more than an acquisition — it’s a bold step toward providing customers with maximum choice in authentication,” said Victor Limongelli, CEO at OneSpan. “We’re evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok’s world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market.”
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