Wibmo launches advanced biometric authentication for banks

By Vriti Gothi

Wibmo, a PayU company, has launched its Intelligent Authentication Suite at the Global FinTech Fest (GFF) 2025 to evolve digital payment security. Designed for banks and merchants, this comprehensive suite delivers advanced, scalable, and secure authentication capabilities that align with the latest RBI guidelines, enabling smarter and faster digital payments across India and globally.

As digital transaction volumes surge, traditional OTP-based authentication is increasingly challenged by delivery failures, delays, and sophisticated fraud attempts. These gaps impact merchants through lost sales and disputes while imposing high operational costs and reputational risk for banks. Wibmo’s new suite addresses these challenges by offering biometric-first, risk-based authentication that enhances security, reduces friction, and delivers a superior customer experience.

“At Wibmo, our two decades of expertise in digital payments speak for themselves. We’ve authenticated billions of transactions and consistently set industry benchmarks for trust, security at scale, and customer experience. Our Intelligent Authentication Suite delivers these benefits to leading banks and industry players, enabling the shift from traditional OTP-based methods to advanced biometric-first technology in India’s digital payments ecosystem,” said Shailesh Paul, CEO, Wibmo.

The Intelligent Authentication Suite combines three cutting-edge technologies, Web Passkey, Merchant-In App, and Bank In-App Authentication underpinned by Wibmo’s Smart Orchestration engine. Together, they provide a holistic, risk-based authentication framework that optimises security, speed, and usability.

In collaboration with Mastercard, Wibmo introduces a phishing-resistant, biometric-based Passkey solution leveraging fingerprint, Face ID, or PIN. Using public key cryptography, the private key remains securely on the user’s device, while the public key is managed by the authentication provider. This approach ensures rapid transactions in under 12 seconds approximately 80% faster than traditional OTP flows, while maintaining robust protection against credential threats.

“As the first payments network to introduce passkeys in India, Mastercard remains committed to shaping the future of secure, seamless digital payments. By integrating our global security infrastructure with Wibmo’s deep payments expertise, we are enabling a biometric-first authentication experience that is faster, safer, and more intuitive setting a new benchmark for digital trust in India’s payments ecosystem,” said Satya Padhiary, Vice President, Business Development, South Asia, Mastercard.