MoMo has significantly upgraded its service infrastructure security by integrating VinCSS’s FIDO2 solution for robust authentication, thereby enhancing the user experience for its internal team. Traditional passwords and OTPs, while commonly used, are prone to various security breaches and often result in frustrating user experiences.
Frequent password resets and waiting for OTPs can negatively impact employee productivity and lead to high operational costs. In response to these challenges, MoMo has implemented VinCSS’s FIDO2 passwordless authentication solution to fortify its security mechanisms.
VinCSS is a reputable service provider for numerous banks and financial companies in Vietnam. The FIDO2 standard, developed by the FIDO Alliance with input from major tech companies, represents the cutting edge in strong authentication technology. By combining public key infrastructure with device-based biometric authentication, FIDO2 eliminates the need for passwords and OTPs. This not only enhances the user experience but also provides robust protection against common login information theft.
MoMo aiming to strengthen its security mechanisms, has implemented VinCSS’s FIDO2 passwordless authentication solution
MoMo continues to maintain its leadership in the Vietnamese fintech market. On a global scale, financial institutions and tech giants like Apple, Google, and Microsoft are increasingly adopting FIDO2 to secure their users. According to MoMo, VinCSS’s FIDO2 solution integrates seamlessly with various system administration tools, offering top-tier protection for their service infrastructure. Additionally, it provides a faster, more convenient, and user-friendly authentication experience for MoMo’s internal users.
Ngo Viet Phuong Khoa, Director of Information Technology Infrastructure at MoMo, stated that in light of rising cyberattacks and ransomware threats, they chose FIDO2 for its high-security standards. Moreover, FIDO2 enhances user convenience and integrates with multiple system administration tools. “Our level 3 infrastructure administration team, including System, Network, DBA, Operation, and Security, benefits greatly from FIDO2’s security, from physical security keys to synchronized device keys. MoMo is planning to further integrate FIDO2 and other VinCSS solutions into our internal tools to optimize our operations,” said Khoa.
By integrating VinCSS’s FIDO2 solution, MoMo underscores its commitment to prioritizing user safety and security, ensuring a robust service delivery infrastructure secured with advanced technology solutions.
