OneSpan Inc. Acquires Nok Nok Labs To Advance Passwordless Authentication

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

OneSpan Inc. has revealed that it has acquired Nok Nok Labs Inc., a top provider of passwordless authentication software based on FIDO standards. This move allows OneSpan to push the industry toward a safer digital future by offering users a broader set of adaptable and future-focused authentication options.

This partnership, together with OneSpan’s newly released FIDO2 security keys, strengthens the company’s global offering. It brings forward what the company describes as the most complete and innovative authentication toolkit available.

OneSpan Enhances Authentication Flexibility With Nok Nok Acquisition

Whether clients use on-premises setups or cloud environments, or need One-Time Password or Fast Identity Online support, OneSpan now offers extensive flexibility.

Clients can also choose between software or hardware methods, including Digipass, Cronto, or FIDO2-based transaction signing. The company supports an unmatched level of choice for meeting a wide range of authentication requirements.

Victor Limongelli, who is the Chief Executive Officer of OneSpan, said the move was more than simply bringing another company into the business. He explained that it was a significant step aimed at providing customers with the widest possible range of authentication choices.

He mentioned that OneSpan was expanding its entire authentication platform to include the Fast Identity Online standards. Also, the company believed passwordless solutions were an important part of the future of the industry.

Limongelli added that OneSpan was now incorporating Nok Nok’s advanced technology and strong expertise in the Fast Identity Online protocol. He said this allowed the company to offer the most flexible and complete authentication solution currently available.

Nok Nok Aims To Expand Passwordless Authentication Reach

Nok Nok, as one of the founding members of the FIDO Alliance, has played a central role in shaping the passwordless authentication landscape worldwide. Serving customers across North America, Europe, and Asia, Nok Nok provides trusted, standards-compliant security platforms built to integrate smoothly and scale efficiently.

Their technology supports both UAF and FIDO2 protocols, giving enterprises the tools to satisfy various regulatory demands and business goals. Nok Nok has consistently led the field by introducing new methods that make digital authentication more secure and user-friendly.

Phillip Dunkelberger, who is the President and Chief Executive Officer of Nok Nok, stated that becoming part of OneSpan represented an exciting and important moment for both their team and their products.

He explained that Nok Nok had always supported open authentication standards such as the Fast Identity Online protocol. Dunkelberger believed that, with OneSpan’s international presence and innovative strengths, they would now be able to bring their vision to a much wider group of users around the world.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.