![]() “Every time they’ve introduced something our business has gone up significantly as a result of that,” he said.Īn alternative to passwords, passkeys are a biometric sign-in standard that some believe has the potential to kill the pesky password altogether. ![]() Speaking with BetaKit in June, 1Password CEO Jeff Shiner said that while he sees Apple as a competitor, he isn’t concerned by its move into passkeys, noting that 1Password sees a surge in interest anytime a major brand focuses on passwords. In May, tech giants Apple, Microsoft, and Google announced plans to build support for passkeys across all of the mobile, desktop, and browser platforms they control, implementing the FIDO standard (for its part, 1Password joined the FIDO Alliance in June). Recently, attention has shifted away from traditional passwords towards ‘passkeys’-also known as passwordless sign-in. The move comes as competition in the online authentication space has been heating up. The company has tasked Passage’s team with developing passkey-first authentication for consumer-facing businesses-which 1Password plans to roll out in beta early next year.ġPassword has tasked Passage’s team with developing passkey-first authentication for consumer-facing businesses. ![]() The financial terms of the deal, through which 1Password has acquired Passage’s technology and employees, were not disclosed. Toronto password management firm 1Password has acquired Austin, Texas-based Passage to build a passwordless authentication platform for enterprise customers. Share on: Twitter LinkedIn Facebook Email
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