Which banks offer passkeys?

Passkeys in banking transform how users access financial accounts securely without passwords (sometimes they also replace the current existing second factor). In the USA, Australia, and Europe, the first banks are embracing passkeys to reduce fraud and enhance security. This article covers which banks support passkeys and why passkeys are the future of online banking authentication.

Passkeys are a secure, passwordless authentication method based on FIDO2 and WebAuthn standards. They provide a faster and safer way for users to access their bank accounts by replacing passwords with biometric authentication or a device-based credential. Some banks and financial institutions that currently support passkeys include Revolut, UBank, Armstrong Bank, First Financial Bank, AOD Federal Credit Union and Finom (more a fintech than an own bank). These institutions are leveraging passkeys to enhance security, reduce fraud and improve user experience.

• Passkeys in banking prevent phishing and fraud: Passkeys eliminate phishing and password-related breaches, as they are phishing-resistant and prevent attacks such as credential stuffing or account takeovers.
• Better user experience in the login and sign-up process: The quick and simple login and sign-up process with biometrics (e.g., Face ID, Touch ID, Windows Hello, Android Biometrics) is something that users are already familiar. Unlike traditional authentication methods, no additional app or extra hardware device needs to be purchased, which makes things easier for the user.
• Passkeys reduce operational costs for banks: Passkeys reduce banks' reliance on costly SMS-based 2FA methods or other operational costs in the customer support or IT support team (e.g. to recover accounts or help on password resets). Moreover, the reduction of fraud by passkeys in banks helps to prevent costly cases where customers might be scammed.

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Banks are adopting passkeys to address growing cybersecurity threats and customer demands for seamless digital experiences. Traditional authentication methods, such as passwords and SMS-based 2FA, are vulnerable to phishing, SIM-swapping attacks, and poor user experience. Passkeys solve these issues by leveraging FIDO2 / WebAuthn standards, which use public-private key cryptography.

• Phishing Resistance: Passkeys authenticate users without sharing secrets over the network.
• Device-Based Authentication: Passkeys are stored securely on the user's device and protected with biometrics or PINs.
• Support across devices: Passkeys in banking applications ensure seamless access for users across multiple devices. Whether you're using Face ID on iPhone, Windows Hello on a laptop or Android biometrics, passkeys sync through iCloud Keychain or Google Password Manager making online banking effortless.

In the following, you'll see an overview of which banks use passkeys to protect their users.

Many leading banks in the USA are either already supporting passkeys or working towards their passkey implementation.

As of today, Citibank does not yet support passkeys, but there are strong indications that Citi passkeys are in development. Like many major financial institutions, Citibank is exploring passkeys in their banking apps to provide a seamless, secure, and passwordless login experience for its customers.

To stay updated on Citibank passkeys, visit their official website or submit a request for passkey support, showing Citi that customers demand passwordless banking.

Currently, Chase does not support passkeys, but like other large banks, Chase passkeys are likely in development. Chase already offers biometric authentication in its iOS and Android apps, making passkeys the next logical step.

As a Board Level member of the FIDO Alliance, Chase has access to cutting-edge passwordless authentication technologies and is expected to integrate passkeys in their banking apps in the near future.

At this time, Fidelity Investments does not offer passkeys. However, as security concerns grow, Fidelity passkeys are likely on their roadmap. Fidelity is known for its robust security measures, and passkeys in their financial apps align with the push toward phishing-resistant authentication.

Customers interested in Fidelity passkeys can visit their contact page and request support, helping signal demand for passwordless banking.

Bank of America passkeys are partially available as U2F authentication, which allows customers to use FIDO2-certified security keys as a second factor rather than a true passwordless login. More details can be found on Bank of America’s security page.

As a Board Level member of the FIDO Alliance, Bank of America is actively exploring passkeys in banking, and full passkey login support may be on the horizon.

PNC Bank has taken significant steps towards passwordless authentication. While PNC passkeys are not fully implemented yet, PNC is leveraging FIDO standards to enhance security. Their multi-factor authentication strategy integrates device-based authentication, reducing reliance on passwords and SMS OTPs.

PNC Bank is a Board Level member of the FIDO Alliance, meaning they are well-positioned to deploy passkeys banking solutions in the future.

We recommend to read this case study from PNC on FIDO authentication on the FIDO Alliance website.

Currently, U.S. Bank passkeys are not available, but like many major institutions, passkeys banking is under consideration.

As a FIDO Alliance Board Level member, U.S. Bank has access to the latest passkey adoption trends and is expected to introduce passwordless authentication soon.

Wells Fargo passkeys are not yet publicly launched, but an FAQ page detailing how to use passkeys banking suggests that an official rollout is imminent.

As a FIDO Alliance Board Level member, Wells Fargo is expected to offer passkeys for secure banking soon.

Capital One supports passkeys soon. They already created the necessary documentation and probably also started with a very phased roll out. Customers can create and use passkeys for passwordless login via Capital One’s official guide: How to set up Capital One passkeys.

As a Sponsor Level FIDO Alliance member, Capital One is leading the way in passkeys banking adoption.

Yes, Armstrong Bank supports passkeys to offer a passwordless login to their customers.

Yes, First Financial Bank supports passkeys to offer a passwordless login to their customers.

Australia is experiencing strong momentum in the adoption of passkeys banking, particularly among the Big Four banks. While many financial institutions are still in development phases, Ubank has taken the lead, becoming one of the first banks globally to fully embrace passkeys as a primary authentication method.

As of 2025, Commonwealth Bank passkeys are still in development, but the bank is actively working on integrating passwordless authentication for its customers. Commbank passkeys are expected to provide a phishing-resistant and seamless login experience, reducing reliance on passwords and SMS OTPs.

For updates on Commonwealth Bank passkeys, customers can visit CommBank’s website or submit a request to encourage the bank to accelerate its passkey adoption.

ANZ passkeys are currently in the development phase, with a rollout planned for 2025. The bank is investing in passkeys for their banking solutions to strengthen security and improve customer experience.

To track the latest developments on ANZ passkeys, customers can visit the bank’s official channels or request updates via their customer support portal.

Yes! NAB passkeys are officially coming to customers following the success of their digital-first challenger bank, Ubank, which fully adopted passkeys in 2024.

Key developments of passkeys at NAB:

• December 2024: NAB publicly announced its plan to roll out passkeys in their banking applications to its customers.
• Future goal: NAB aims to phase out passwords for internet banking within the next five years, replacing them with passkeys and biometric authentication.
• Security focus: NAB’s Chief Security Officer, Sandro Bucchianeri, emphasized that passkeys eliminate the risk of stolen passwords and reduce cyber threats.

We recommend to read the NAB’s official announcement on passkeys.

Currently, Westpac passkeys have not been announced or launched, but there are strong indications that the bank is preparing for passkeys banking implementation. As part of Australia’s Big Four banks, Westpac is expected to follow the other banks in rolling out passkeys.

Customers interested in Westpac passkeys can request updates via the bank’s official support channels to encourage faster adoption.

Yes! Ubank passkeys have been fully implemented since mid-2024, making it one of the first banks worldwide to go passkey-first.

Key highlights of Ubank passkeys:

• June 2024: All new Ubank customers started using passkeys for app login.
• By October 2024: Existing customers were gradually transitioned to passkeys in the banking app, with the option to enable passkeys in their security settings.

*Ubank CEO, Philippa Watson, also added the following statement about passkeys: "As part of our digital banking strategy, we focus on delivering simple and secure digital experiences. We’re proud to be among a growing number of global organizations introducing passkeys to protect customers against fraud and scams."

Check out Ubank’s official statement on passkeys.

European banks and fintech companies are gradually adopting passkeys banking to enhance security and improve user authentication. While some banks have already launched passkeys, others are in the process of developing this technology.

As of 2025, HSBC passkeys are not yet available, but there are strong indications that HSBC is actively exploring passkeys banking to enhance customer security.

Like many large banks worldwide, HSBC is expected to integrate passkey authentication to replace traditional passwords.

HSBC is a Sponsor-level member of the FIDO Alliance, giving them access to the latest innovations in passkeys in banking.

Yes! Revolut passkeys are available in a limited capacity, making Revolut one of the first major European banks to introduce passwordless authentication.

Key highlights:

• Secure and seamless login: Revolut passkeys provide a phishing-resistant login experience.
• Early adoption: One of the first European neobanks to implement passkeys banking.
• Future expansion expected: Passkeys support is currently limited, but broader adoption is likely.

Check out our detailed analysis on Revolut passkeys for a full breakdown of their implementation.

Yes! Finom passkeys are available for secure logins from mobile devices in their web application.

Explore our full Finom passkeys analysis for insights into their authentication system.

Yes! ABANCA passkeys are used as a second factor for transaction authorization in their iOS and Android apps.

Key insights:

• 2024 Presentation: ABANCA showcased its passkey implementation at the FIDO Alliance public seminar in Paris.
• Secure transactions: Passkeys are used to authorize transactions, making ABANCA one of the first Spanish banks to integrate passkeys.
• FIDO Alliance Membership: ABANCA is an Associate Level FIDO Alliance member, giving them access to best practices in passkeys in banking.

Check out ABANCA's slides on passkeys at the FIDO Alliance public seminar in Paris.

Asia is at the forefront of passkeys banking adoption, with both traditional banks and neobanks integrating passwordless authentication to enhance security and improve user experience.

Yes! Neobank passkeys are actively being used by Neobank (SBI Sumishin Net Bank), a leading digital bank in Japan.

Key highlights:

• 2020 Integration: SBI Sumishin Net Bank incorporated FIDO-compliant authentication into its mobile application, allowing customers to log in and authenticate transactions using biometric passkeys.
• Seamless Transactions: Eliminates the need for passwords and SMS verification codes.
• Cross-Platform Authentication: Even for PC-based banking, the Neobank passkeys system ensures that transactions are verified through the mobile app, preventing unauthorized access.
• Enhanced Security: The FIDO-based authentication system significantly reduces the risk of phishing and fraud.

As a Sponsor-level FIDO Alliance member, Neobank has access to the latest innovations in passkeys banking, ensuring continuous improvements in passwordless authentication.

Yes! Cathay Financial Holdings passkeys are officially in use.

Key developments:

• 2025 Launch: Cathay Financial Holdings showcased its passkeys banking solution at the FIDO Alliance public seminar in Melbourne (click here to see the presentation).
• Enterprise-Grade Security: Passkeys allow customers to authenticate transactions securely without needing passwords or SMS OTPs.
• Commitment to Innovation: As one of Asia’s largest financial institutions, Cathay Financial Holdings passkeys adoption signals a major shift towards passwordless authentication in the region.

Some banks support hardware security keys, such as YubiKeys, as a phishing-resistant two-factor authentication (2FA) method. However, in most cases, YubiKeys are used as a second factor in combination with passwords.

Key insights:

• Standalone multi-factor authentication (MFA) using YubiKeys is not yet available in consumer banking applications.
• FIDO-based passwordless login for banks is gaining momentum, but most banks currently implement YubiKeys only for additional security layers rather than as a primary login method.

As the industry moves towards passwordless banking, it is likely that passkeys will become the preferred method over physical security keys due to ease of use and device compatibility.

Banks worldwide are actively transitioning to passwordless authentication due to the rising risks of phishing, social engineering attacks, and credential theft. With the increasing use of AI-powered phishing tactics, traditional passwords have become a major security vulnerability.

While banks aim to eliminate passwords, the transition will happen in phases:

1. Current state: A hybrid model where banks offer both password-based and passwordless authentication methods, such as passkeys.
2. Near future: Increased adoption of financial services passkeys, with passwords gradually phased out.
3. Long-term goal: A fully passwordless banking experience for both consumer and business banking.

For consumer banking, passkeys are the most scalable and user-friendly solution. Unlike hardware-based security keys, passkeys:

✅ Do not require additional hardware (e.g., YubiKeys).
✅ Are built into users’ existing devices (smartphones, laptops).
✅ Work seamlessly across platforms (iOS, Android, Windows).
✅ Provide a fast, frictionless login experience.

Given these advantages, consumer banking passwordless authentication is expected to become the industry standard, ensuring both security and convenience.

The adoption of passwordless authentication in business banking is slower compared to consumer banking. This is due to:

• Stricter compliance regulations requiring additional verification layers.
• Corporate IT security policies that often rely on hardware-based authentication.
• Lower UX priority compared to retail banking, where customer experience is a key differentiator.

While fintech passkeys and enterprise passkeys are becoming more common in business banking, adoption is gradual compared to consumer banking.

The financial industry is moving towards passwordless authentication as a standard security measure. Financial services passkeys provide:

• Phishing resistance – Eliminating credential-based attacks.
• Faster login times – Improving user experience.
• Cost savings – Reducing dependency on SMS OTPs and call-based verifications.
• Industry alignment – Following FIDO standards for banking security.

As more banks integrate passkeys, customers will expect passwordless authentication to be the default standard. Stay ahead of the curve by adopting passkeys banking today!

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