OneSpan launches DigipassONE authentication platform for banks

OneSpan Inc. (NASDAQ: OSPN) announced the launch of DigipassONE, a unified platform for authentication, transaction security, in-app protection, analytics, and digital credential management, aimed primarily at financial institutions.

The platform combines OneSpan's existing authentication technologies — including OTP, FIDO2, Digipass, and Cronto transaction-signing — into a single architecture that can be deployed on-premises or in the cloud. The company says the platform is designed to allow organizations to add new authentication methods without replacing existing systems.

OneSpan also released an early-access version of a digital credentials solution as part of the DigipassONE rollout, enabling organizations to issue and verify credentials within authentication and transaction workflows.

"Authentication modernization is not a rip-and-replace exercise," said Guillaume Teixeron, senior analyst at KuppingerCole. "Financial institutions in particular will run hardware tokens, mobile authenticators, and passkeys side by side for years, and the real differentiator is no longer any single method but the ability to manage that coexistence without abandoning existing investments."

"Authentication isn't evolving in a straight line," said Ashish Jain, Chief Technology Officer at OneSpan. "Organizations will support multiple authentication technologies for years to come while balancing security, user experience, regulatory expectations, and operational complexity."

According to the company, more than 60% of the world's 100 largest banks currently use OneSpan authentication technologies. The press release also referenced the European Digital Identity Wallet rollout, which targets 80% citizen adoption by 2030, as an example of regulatory drivers affecting authentication demand.

OneSpan described the DigipassONE launch as the first step in a broader platform strategy.

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