The Shift to Digital Credentials Accelerates: OneSpan Launches Early Access at Identiverse

Key Terms

digital credentials technical

Digital credentials are electronic proofs that verify a person, device, or organization—similar to a driver’s license or membership card stored on a phone. They can confirm identity, qualifications, or permission to access systems and services, and are secured so they can’t be easily forged. For investors, strong digital credentials reduce fraud, speed customer onboarding, protect sensitive data, and affect regulatory compliance and the reliability of digital business models.

digital identity wallets technical

A digital identity wallet is a secure app that stores and controls personal credentials—like a digital driver’s license, passport, or account logins—so an individual can prove who they are without sharing unnecessary information. For investors, these wallets matter because they can reshape how companies verify customers, reduce fraud and onboarding costs, enable new services, and influence regulatory compliance and data-privacy risks that affect revenue and valuation.

eIDAS 2.0 regulatory

eIDAS 2.0 is an updated European rule that sets a common system for digital identities and trusted online services—covering electronic IDs, signatures, seals and verification tools—to make them legally recognized across member countries. It matters to investors because it lowers friction and legal uncertainty for cross‑border digital deals, speeds customer and partner onboarding, reduces compliance and fraud risk, and can affect how quickly companies can execute contracts, raise capital or scale online services, like providing a standardized passport and notary for digital transactions.

MFA technical

Multi-factor authentication (MFA) is a security method that requires users to provide two or more different proofs of identity—something they know (like a password), something they have (like a phone or hardware token), or something they are (like a fingerprint)—before gaining access to an account or system. For investors, MFA acts like a second and third lock on an online brokerage or corporate portal, greatly reducing the risk of unauthorized trades, stolen personal data, account takeovers, and resulting financial loss or reputational damage.

passkeys technical

A passkey is a modern digital login method that replaces passwords with a pair of cryptographic keys stored on a user’s device and backed by biometric checks (like fingerprints or face unlock) or a device PIN. Think of it as a unique physical key kept in your phone’s secure vault that opens only the right account; it greatly cuts the risk of account hacks, reduces help‑desk and fraud costs, and can boost customer trust and retention—factors that affect a company’s security expenses and revenue stability.

AI-driven attacks technical

AI-driven attacks are cyberattacks that use artificial intelligence to automate, scale, and adapt malicious actions such as impersonation, data theft, fraud, or system disruption; think of them as highly skilled, self-improving tools that can craft convincing fake messages, probe vulnerabilities quickly, and learn from defenses. For investors this matters because these attacks can cause direct financial losses, halt operations, damage reputation, and trigger regulatory fines or costly security upgrades, all of which can affect a company’s value and risk profile.

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OneSpan helps organizations unlock the value of digital credentials for customer onboarding and authentication

LAS VEGAS & BOSTON--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN) will showcase its latest innovations in digital identity and authentication at Identiverse 2026, June 15–17 in Las Vegas (Booth #827), including an early-access release of its digital credentials solution, designed to simplify the way organizations issue, manage, and verify identities across digital wallets.

As digital identity wallets rapidly gain traction, fueled by regulatory momentum such as eIDAS 2.0 and rising demand for more secure, user-friendly identity experiences, organizations are under increasing pressure to modernize their user onboarding and authentication processes. The timeline is accelerating: EU member states must make digital identity wallets available by December 2026, and by December 2027, banks and other relying parties must support them for user onboarding and authentication.

At Identiverse, OneSpan will demonstrate how organizations can move beyond fragmented approaches and adopt digital credentials in a scalable, practical way without the complexity of integrating multiple wallets, standards, and trust frameworks.

"Digital credentials represent a fundamental shift in how identity is established and reused across digital interactions," said Ashish Jain, Chief Technology Officer at OneSpan. "Organizations need a practical way to adopt these technologies without navigating the complexity of multiple wallets, standards, and trust frameworks. OneSpan is helping customers bridge today's authentication infrastructure with tomorrow's credential-based identity ecosystem."

Digital credentials enable a trusted, reusable identity that can be securely shared across services, reducing reliance on traditional verification methods such as document uploads and selfies, which continue to introduce friction and growing exposure to fraud, including AI-driven attacks. By simplifying how organizations connect to a fragmented digital wallet ecosystem, OneSpan enables the secure issuance and verification of digital credentials across multiple wallets through a single integration layer, making adoption more practical, scalable, and ready for real-world deployment.

Digital credentials are becoming a foundational component of the future identity ecosystem, where trust is portable and reusable across digital interactions. Realizing this future depends on making adoption practical today. By combining digital credentials with existing authentication methods, MFA, and passkeys, OneSpan enables organizations to introduce credential-based experiences without disrupting current user journeys while building toward a credential-first future.

Attendees visiting Booth #827 will see live demonstrations of how digital credentials can be seamlessly integrated into onboarding, authentication, and other high-value customer journeys, unlocking new efficiencies and business opportunities.

As part of this showcase, OneSpan is inviting organizations to sign up for early access to its upcoming digital credentials solution. Participants will gain early insight into how to prepare for the shift to wallet-based identity ahead of general availability in the coming weeks.

About OneSpan

OneSpan helps organizations build secure, seamless, and trusted digital experiences through two solution portfolios: Cybersecurity and Digital Agreements. Our cybersecurity solutions protect identities, secure mobile apps, and safeguard access through advanced high-assurance authentication, threat intelligence, fraud prevention, and robust mobile app protection, defending users, devices, and applications against sophisticated attacks. Our digital agreements solutions streamline agreement workflows with secure e-signatures, identity verification, and smart digital forms, built to enable speed, compliance, and exceptional customer experiences. Trusted by leading global enterprises, including more than 60% of the world’s 100 largest banks, OneSpan processes over 100 million digital agreements and billions of secure authentication transactions across more than 120 countries each year.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding the expected capabilities, availability, and benefits of OneSpan’s digital credentials solution, the anticipated timing of its general availability, and the expected evolution and adoption of digital credentials and identity technologies. Forward-looking statements may be identified by words or phrases such as "seek", "believe", "plan", "estimate", "anticipate", “expect", "intend", "continue", "outlook", "may", "will", "should", "could", or "might" and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the “Risk Factors” section of our Annual Report on Form 10-K, as updated by the “Risk Factors” section of our Quarterly Reports on Form 10-Q. Our filings with the Securities and Exchange Commission (the “SEC”) and other important information can be found in the Investor Relations section of our website at investors.onespan.com. We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law.

Unless otherwise noted, references in this press release to “OneSpan”, “Company”, “we”, “our”, and “us” refer to OneSpan Inc. and its subsidiaries.

For more information, go to www.onespan.com. You can also follow @OneSpan on X or visit us on LinkedIn and Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260615156762/en/

Media contact:
Nicole Bosgraaf
Director, Brand & Communications
+1-401-219-2131
nicole.bosgraaf@onespan.com

Investor contact:
Joe Maxa
Vice President of Investor Relations
+1-312-766-4009
joe.maxa@onespan.com

Source: OneSpan Inc.