Get your free and exclusive 80-page Banking Passkey Report

Login, MFA, Fraud, Payments, Compliance

Passkey Outcomes that move KPIs

Passkeys bring benefits for different use cases at consumer scale. Cut OTP costs and fraud, speed up sign-in and meet compliance requirements - without re-architecting your stack.

  • 10x higher adoption

  • No user migration

  • Save 70% auth costs

Phishing-Resistant Login

Passwordless Consumer Login

Outcome:

Eliminate passwords to remove the top phishing vector. Users sign in with biometrics in one step, leading to faster sessions and fewer resets.

How it works:

Passkeys replace passwords with phishing-resistant credentials. Support username-less or identifier-first flows. Fallbacks are policy-controlled and only used if no passkey exists.

KPIs:

  • First-attempt login success rate

  • Time-to-login

  • Password reset tickets and recovery churn.

Passwordless login
Replace SMS OTP

Lower SMS Spend

Replace SMS / OTP MFA

Outcome:

Reduce OTP cost and friction by making passkeys the default MFA. Users complete authentication without waiting for codes.

How it works:

Adopt passkeys as the default factor. Keep backup access (magic link/OTP/step-up) available under policy controls. Suppress fallback when a valid passkey exists.

KPIs:

  • SMS volume/cost and delivery failures

  • MFA success

  • Step-up prompts for known devices.

Fewer Account Takeovers

Reduce Fraud & Recovery Cost

Outcome:

Fewer account takeovers (ATO) and fewer help-desk resets. Detection and recovery flows become harder to abuse.

How it works:

Analytics highlight drop-offs and abuse patterns (e.g., repeated recovery). Telemetry accelerates root cause analysis. Backup flows enable step-up or re-proofing to lock down recovery.

KPIs:

  • Confirmed ATOs

  • Recovery abuse

  • Support minutes per incident and per user.

Reduce fraud and recovery cost
One-tap checkout

Higher Checkout Conversion

1-Tap Checkout & Payment Authentication

Outcome:

Enable Apple-Pay-like checkout with a single biometric confirmation. Strong auth reduces 3DS challenges and cart abandonment.

How it works:

Use passkeys to strongly authenticate during checkout and SCA. Analytics identify prompt timing and device cohorts that maximize one-tap success; Rollout targets eligible users.

KPIs:

  • Auth success

  • 3DS challenge rate

  • Checkout conversion and revenue per session.

Future-Proof Compliance

Meet SCA (PSD2) & Wallet Readiness

Outcome:

Satisfy PSD2 SCA by combining possession and inherence in one gesture. Prepare for wallet-based authentication and delegated flows.

How it works:

Gateway enforces possession + inherence via passkeys to satisfy SCA. Telemetry and Analytics provide audit trails. Rollout gates enable geography and device-based enablement.

KPIs:

  • Compliance evidence for audits

  • Implementation challenges

  • Success for regulated flows across devices and browsers.

SCA and wallet readiness

Start your passkey journey today!

Start a free trial to experience the Passkey Adoption Platform hands-on.

Start Free Trial

Connects to your IdP / CIAM

10x higher passkey adoption

70% reduced authentication cost