The FIDO Alliance has announced that Bank of America has joined the FIDO Alliance and been appointed to the Board of Directors. Bank of America is committing to FIDO standards for strong authentication, along with other leaders in the financial sector.
“Providing our customers with a convenient, secure digital banking experience is a top priority for us,” said Dave Godsman, Bank of America Digital Banking Solutions & Operations Executive. “As the world rapidly changes, our involvement in the FIDO Alliance will help ensure we continue to provide the convenient and secure solutions our customers want.”
“Bank of America is counted among the world’s leaders in financial services. As an institution responsible to secure high-value interests and relationships across consumer, government, enterprise, and business, Bank of America is among a select few ‘Relying Parties’ ideally positioned to drive adoption of FIDO standards at Internet scale,” said Michael Barrett, president of the FIDO Alliance. “We welcome Bank of America to our Board of Directors at a pivotal point in FIDO Alliance history. With our review draft specifications just publicly released, and the marketplace poised to deploy ‘FIDO Ready’ certified solutions in 2014, both users and those who serve them are eager to embrace simpler, stronger FIDO authentication.”
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