Thales’ infographic explains why passwordless authentication is the future of digital banking, emphasizing the security and usability benefits of FIDO passkeys. Despite 85% of banks still relying on passwords, 91% of users recognize the risks of reuse, and 81% of breaches stem from weak or stolen passwords. Passkeys, which use strong cryptography and biometrics, are phishing-resistant and work across all major platforms. Ninety-six percent of IT leaders favor standard-based authentication, and 73% of consumers prefer non-password login methods. Gartner identifies passwordless authentication as a critical technology for organizations to adopt, marking a shift toward secure, user-friendly digital banking experiences.

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