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Passkeys for Banking

Passkeys for Banking with audit-grade visibility and rollout control

Passkeys are a black box in bank-grade security operations. Corbado adds client-side passkey telemetry and rollout governance so failures are auditable for fraud and compliance without replacing your IDP.

  • Works with any IDP (e.g. Okta, Ping & custom CIAM)
  • Auth-native client-side telemetry
  • Gradual rollout, kill switch & safe fallbacks

These banks have rolled out passkeys:

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Why passkeys get stuck in pilot

Banking passkeys don't "fail". They go dark.

Server logs tell you success/fail. They don't tell you whether the passkey prompt was shown, whether users cancelled vs. hit a platform error or when fallbacks were triggered. Without that visibility, adoption plateaus and rollout risk feels unpredictable.

01

No visibility into the real journey

Prompt not shown, cancel vs failure, timeouts, credential manager issues: all missing in IDP logs.

02

No adoption engine

Without device-aware timing, data, UX nudges and experiments, passkeys remain "optional" and underused.

03

Rollout risk blocks scale

Edge cases show up in production. Teams hesitate to expand without controls.

What banks get with Corbado

Observe. Adopt. Control.

Run passkeys like a critical system.

Observability

14 days → 5 minutes

Faster Time-to-Resolution

Find the "why" behind failures with passkey-native telemetry segmented by OS, browser & authenticator.

Adoption

10% → 80%+

Higher Passkey Adoption

Increase passkey usage by optimizing prompting, timing and UX. Data-driven instead of guesswork.

Control

100% Control

Risk‑Free Rollout

Granular policies, gradual rollout by cohort and smart fallbacks to avoid lockouts. Kill switch included.

Banking use cases

Where Corbado fits in a bank's authentication program

Everyday login & step‑up MFA

Use passkeys as the phishing-resistant path. Step up only when needed.

Account opening & onboarding completion

Reduce friction where abandonment is expensive.

Account recovery

Fewer password reset flows and fewer "I'm locked out" tickets.

High‑risk actions & payment authorization

Protect payee changes, transfers and profile updates with phishing-resistant authentication.

Rollout governance

Segment by region, app version, risk tier or customer cohorts. Then expand safely.

Authentication intelligence & insights

Monitor login patterns, device details and adoption metrics to optimize identify friction points.

Works with your existing IDP

Add the missing layer without migrating users

1

Keep your IDP

Ping/Okta/ForgeRock/Azure AD/custom remain in place

2

Add Corbado (via SDK)

Captures client-side telemetry and enables adoption.

3

Operate in the Management Console

Dashboards, cohort rollouts, policies, alerts and ROI reporting.

Security & Compliance

Built for regulated environments

Feature Walkthrough

Your passkey control room

See where passkeys succeed, where they disappear and what to fix across web, iOS and Android.

Adoption & Usage

Adoption & Usage

Created passkeys, login share and success rates over time.

Funnel & Drop‑offs

Funnel & Drop‑offs

Where users abandon: prompt, create, verify, daily usage.

Journey Trace

Journey Trace

Investigate a specific login path across devices & channels.

Gradual Rollout

Gradual Rollout

Cohorts, policies, kill switch and measured expansion.

Authenticator Insights

Authenticator Insights

Credential managers, device mix and capability gaps.

Failure Reasons

Failure Reasons

Root-cause classification of authentication issues.

Business Case

Prove ROI to CFO, CISO & Ops

Estimate savings from reduced SMS OTP reliance, fewer recovery tickets. Validate with real telemetry once you go live.

  • Cut up to 70% of auth costs by reducing OTP and recovery overhead
  • Reduce support volume for password resets by 50%
  • Increase completion rates login flows
Passkey ROI calculation

Alternatives

Without Corbado, banking passkey rollouts run blind

Corbado adds client-side telemetry and rollout governance to your IDP.

Rely on CIAM/SIEM logs

You get success/fail, not the client-side journey: prompt shown, cancel vs. failure or device gaps.

Use generic analytics tools

You can see drop-offs, but not root causes, WebAuthn errors or cross-device behavior.

Build dashboards in-house

Slow and expensive to get auth-native telemetry and you still only see your own edge cases.

FAQ for Banking Teams

resources for passkeys in the banking industry

How to successfully introduce passkeys in the banking industry?

Read our blog posts about introducing passkeys and learn from leaders.

Talk to a Passkey Expert

Get a rollout plan that balances fraud reduction, customer experience, and compliance without breaking your auth stack.

  • Architecture fit: IDP integration & deployment options

  • Success plan: adoption targets, cohorts, fallbacks, measurement

  • Business case: ROI model tailored to your OTP & support costs

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