By Pietro Lombardi
Banco Bilbao Vizcaya Argentaria SA (BBVA.MC) and Nok Nok Labs have reached an agreement to partner on authentication solutions for mobile banking.
Under the agreement, Nok Nok Labs will provide BBVA with a series of tech solutions, which include the implementation of a new standard for online authentication called Fast Identity Online, or FIDO, the Spanish bank said Tuesday.
The standard gives users the possibility of replacing a password with identification systems like fingerprint and facial recognition.
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