STOCK TITAN

OneSpan Integrates with Ping Identity to Enable Frictionless Digital Experiences

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

OneSpan (NASDAQ: OSPN) has announced a strategic integration with Ping Identity through the Ping Identity Integration Directory. The partnership will offer OneSpan's FIDO-enabled solutions to eliminate passwords and enhance authentication security. OneSpan's DIGIPASS FX solutions, which are FIDO2-certified, provide phishing-resistant passkeys for passwordless authentication, reducing human error risks. The integration combines OneSpan's authentication technology with Ping Identity's IAM solutions, focusing on improved user experience while maintaining robust security measures.

OneSpan (NASDAQ: OSPN) ha annunciato un'integrazione strategica con Ping Identity attraverso il Ping Identity Integration Directory. Questa collaborazione offrirà le soluzioni abilitati FIDO di OneSpan per eliminare le password e migliorare la sicurezza dell'autenticazione. Le soluzioni DIGIPASS FX di OneSpan, che sono certificate FIDO2, forniscono passkey resistenti al phishing per un'autenticazione senza password, riducendo i rischi di errore umano. L'integrazione combina la tecnologia di autenticazione di OneSpan con le soluzioni IAM di Ping Identity, concentrandosi su un'esperienza utente migliorata mantenendo misure di sicurezza robuste.

OneSpan (NASDAQ: OSPN) ha anunciado una integración estratégica con Ping Identity a través del Ping Identity Integration Directory. Esta asociación ofrecerá las soluciones habilitadas para FIDO de OneSpan para eliminar las contraseñas y mejorar la seguridad de la autenticación. Las soluciones DIGIPASS FX de OneSpan, que están certificadas por FIDO2, proporcionan claves resistentes al phishing para la autenticación sin contraseña, reduciendo los riesgos de errores humanos. La integración combina la tecnología de autenticación de OneSpan con las soluciones IAM de Ping Identity, centrándose en la mejora de la experiencia del usuario mientras mantiene medidas de seguridad sólidas.

OneSpan (NASDAQ: OSPN)은 Ping Identity Integration Directory를 통해 Ping Identity와 전략적 통합을 발표했습니다. 이 파트너십은 비밀번호를 제거하고 인증 보안을 강화하기 위해 OneSpan의 FIDO 지원 솔루션을 제공합니다. FIDO2 인증을 받은 OneSpan의 DIGIPASS FX 솔루션은 비밀번호 없는 인증을 위한 피싱 저항성 패스키를 제공하여 인적 오류 위험을 줄입니다. 이 통합은 OneSpan의 인증 기술과 Ping Identity의 IAM 솔루션을 결합하여 강력한 보안 조치를 유지하면서 사용자 경험 향상에 중점을 둡니다.

OneSpan (NASDAQ: OSPN) a annoncé une intégration stratégique avec Ping Identity à travers le Ping Identity Integration Directory. Ce partenariat proposera les solutions FIDO de OneSpan pour éliminer les mots de passe et renforcer la sécurité des authentifications. Les solutions DIGIPASS FX de OneSpan, qui sont certifiées FIDO2, fournissent des clés résistantes au phishing pour une authentification sans mot de passe, réduisant les risques d'erreurs humaines. L'intégration combine la technologie d'authentification de OneSpan avec les solutions IAM de Ping Identity, se concentrant sur une meilleure expérience utilisateur tout en maintenant des mesures de sécurité robustes.

OneSpan (NASDAQ: OSPN) hat eine strategische Integration mit Ping Identity über das Ping Identity Integration Directory angekündigt. Diese Partnerschaft wird die FIDO-fähigen Lösungen von OneSpan anbieten, um Passwörter zu eliminieren und die Sicherheit der Authentifizierung zu verbessern. Die DIGIPASS FX-Lösungen von OneSpan, die FIDO2-zertifiziert sind, bieten phishing-resistente Schlüssel für Passwort-loses Authentifizieren, wodurch das Risiko von menschlichen Fehlern verringert wird. Die Integration kombiniert die Authentifizierungstechnologie von OneSpan mit den IAM-Lösungen von Ping Identity und konzentriert sich auf eine verbesserte Benutzererfahrung, während robuste Sicherheitsmaßnahmen aufrechterhalten werden.

Positive
  • Strategic integration with Ping Identity expands market reach
  • Addition to Ping Identity Integration Directory enhances product visibility
  • Partnership strengthens security offering through FIDO2-certified solutions
Negative
  • None.

Insights

This integration between OneSpan and Ping Identity represents an incremental positive development in the identity and access management (IAM) space, though its immediate financial impact is likely modest. The partnership enhances OneSpan's market reach by tapping into Ping Identity's enterprise customer base, while addressing the growing demand for passwordless authentication solutions.

The integration's FIDO2-certified approach offers significant technical advantages over traditional authentication methods. By eliminating password vulnerabilities and implementing public-private key cryptography, it provides superior security against phishing attacks and credential theft. However, the revenue potential depends heavily on enterprise adoption rates and the competitive landscape, where players like Okta and Microsoft also offer similar solutions.

BOSTON--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN) announced a new integration with Ping Identity, a leader in securing digital identities for the world's largest enterprises, now listed on the Ping Identity Integration Directory. Through this strategic partnership, Ping Identity will now offer OneSpan’s FIDO-enabled solutions to eliminate passwords and benefit from stronger authentication.

OneSpan joins a growing list of technology partners developing integrations through the Ping Identity Global Technology Partner Program. Partner solutions built on the Ping Identity Platform are helping organizations compete in a new digital era where user experience is increasingly important, and security cannot be sacrificed.

“OneSpan is excited to join forces with Ping Identity to enhance the security landscape by delivering the most secure and user-friendly authentication solutions that protect our customers against today’s evolving cyber threats,” said Giovanni Verhaeghe, Senior Vice President of Corporate and Business Development at OneSpan. “By partnering with Ping Identity, we’re making it easier for organizations to leverage high assurance hardware-based authentication with Ping Identity’s market-leading identity management solutions.”

According to Gartner1, “IAM leaders should migrate to passwordless methods wherever they can, and as soon as they can, to enhance security and optimize UX.” In response to this recommendation, our joint partnership enables customers to leverage the combined strengths of OneSpan’s DIGIPASS authentication solutions and Ping Identity’s IAM solutions. OneSpan’s DIGIPASS FX solutions are FIDO2-certified, phishing-resistant passkeys that enable passwordless authentication, significantly reducing human error risk. Designed with user privacy in mind, the FIDO protocol uses a private and public key pair system. This prevents private keys and biometric data from leaving the device. It eliminates the vulnerabilities associated with human error, such as phishing and password reuse, and provides superior protection compared to code-based verifications like SMS and one-time passwords.

“Ping Identity is committed to expanding our technology partner ecosystem to enhance digital customer experiences across the entire user journey,” said Loren Russon, the SVP of product management at Ping Identity. "Our collaboration with OneSpan makes integration seamless for customers to quickly benefit from the robust PingOne Cloud Platform.”

For more information on OneSpan’s work with Ping Identity visit here.

About OneSpan

OneSpan provides security, identity, electronic signature, and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than 60% of the world’s 100 largest banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually.

About Ping Identity

Ping delivers unforgettable user experiences and uncompromising security. We make crafting digital experiences simple for any type of user—partners, customers, employees, and beyond. We are anti-lock-in. That means integration with existing ecosystems, clouds, and on-prem technologies is simple. Out-of-the-box templates let businesses leverage our identity expertise to give their users frictionless experiences. Whether they’re building a foundation of modern digital identity, or out-innovating their competitors with cutting-edge services like digital credentials, AI-driven fraud prevention and governance, Ping is the one-stop shop for game-changing digital identity.

_____________________________
1 Gartner®, Migrate to Passwordless Authentication to Enhance Security and Optimize UX, Ant Allan, James Hoover, 30 August 2024. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

OneSpan Media Relations

Nicole Bosgraaf

Director, Global PR and Social Media

+1-401-219-2131

nicole.bosgraaf@onespan.com

Follow us on X:@OneSpan

Join us on LinkedIn: OneSpan

Like us on Facebook: OneSpan

Ping Identity Media Relations

press@pingidentity.com

Follow Us on Twitter: @PingIdentity

Join us on LinkedIn: Ping Identity

Subscribe to our YouTube Channel: PingIdentityTV

Like Us on Facebook: PingIdentityPage

Source: OneSpan Inc.

FAQ

What is OneSpan's (OSPN) new integration partnership announced?

OneSpan has announced a strategic integration partnership with Ping Identity, becoming listed on the Ping Identity Integration Directory to offer FIDO-enabled authentication solutions.

What security solutions will OneSpan (OSPN) provide through the Ping Identity partnership?

OneSpan will provide DIGIPASS FX solutions, which are FIDO2-certified phishing-resistant passkeys that enable passwordless authentication and reduce human error risks.

How does OneSpan's (OSPN) FIDO protocol protect user privacy?

OneSpan's FIDO protocol uses a private and public key pair system that keeps private keys and biometric data on the device, preventing phishing and password reuse vulnerabilities.

OneSpan Inc.

NASDAQ:OSPN

OSPN Rankings

OSPN Latest News

OSPN Stock Data

644.33M
35.56M
6.4%
93.87%
4.25%
Software - Infrastructure
Services-computer Integrated Systems Design
Link
United States of America
BOSTON