Nok Nok’s customer expansion continues, spurred by Fido Alliance’s new passkey guidelines

Passwordless authentication firm and co-founder of the Fido Alliance Nok Nok Labs has announced a Year-on-Year (YoY) increase of over 40 percent in annual recurring revenue for 2022. Regulatory compliance, key partnerships and the industry introduction of passkeys drove the growth.

Leveraging the potential of this passwordless technology, Nok Nok announced several innovative features last year, including using biometrics for device and web service access, integrating passwordless authentication into enterprise workflows and reducing development and support time for customer-facing applications. …

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