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CPI Card Group is calling on issuers to implement FIDO authentication as a means to strengthen payment security. The company highlights insights from its experts, Phil Davidson and Molly Toomey, who emphasize that FIDO protocols can reduce fraud while supporting a smoother experience for consumers.
As digital payment ecosystems grow more complex, security standards such as FIDO are gaining traction among financial institutions seeking robust, phishing-resistant authentication methods. Davidson and Toomey stress that leveraging FIDO can address authentication vulnerabilities, ultimately benefiting both issuers and cardholders.
CPI Card Group recently launched Rules Assist, a fraud tool aimed at providing merchant risk insights without integration to improve operational efficiency. The company has also collaborated with Street Charity on a cashless payment solution to support donations as millions of Americans face food insecurity. These initiatives highlight CPI Card Group’s ongoing focus on security and digital payment solutions.