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1722: NOK NOK - Talking Metal Payment Cards and Passwordless Authentication

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According to ABI Research, the market for metal payment cards is expanding rapidly and is expected to reach 90 million cards (cumulative) by 2025. In addition, CompoSecure, the category leader in metal payment cards, and Nok Nok Labs, the co-founder of the FIDO Alliance and leader in passwordless authentication, recently revealed they would bring to market the first Internet ID and Payment Card that can be used as a virtual ignition key for the authentication of a user into any digital service on any device. This new offering will combine Nok Nok's passwordless, secure and scalable authentication server with CompoSecure's three-factor authentication technology and patented metal NFC hardware to ensure a high level of security on any device or card. In addition, all transactions using the CompoSecure internet ID and payment card will be enabled to be used for either a POS or a card-not-present transaction. Other everyday use cases for the card include cryptocurrency transactions, eGaming, online gambling, and