Petaling Jaya, Malaysia – Neurogine Sdn Bhd, a leading Malaysian fintech solution provider today announced that it has officially joined the FIDO Alliance, marking a major strategic move that positions the Malaysian fintech company at the forefront of global passwordless authentication and digital identity security.

According Neurogine Chief Executive Officer Chen Chee Onn, this membership strengthens Neurogine’s roadmap toward FIDO Certification for its flagship digital identity and authentication platform, Neurogine nToken, and underscores the company’s commitment to secure, compliant and future-proof digital ecosystems. “This membership reflects our long-term commitment to global security excellence and strengthens our leadership in secure digital identity.”

He said the need for a robust, phishing-resistant and globally certified authentication solution has grown as cyber threats grow more sophisticated. “We are in the midst of FIDO Certification for Neurogine nToken. Upon completion, it will open doors to international partnerships, strengthen regulatory compliance and increase trust in every digital transaction.”

The global surge in identity threats continues to highlight the urgent need for secure authentication standards. Industry studies show that over 80 per cent of data breaches stem from weak or stolen passwords, while identity fraud losses surpassed USD50 billion last year, affecting more than 40 million individuals. Phishing attacks, one of the most common entry points for identity compromise, grew by more than 60% year-on-year. As digital payments expand across both developed and emerging markets, strong and phishing-resistant authentication is now considered foundational to economic trust.

By joining the FIDO Alliance, Neurogine becomes part of the world’s leading consortium, defining the future of secure authentication. FIDO standards are recognised globally and implemented by major technology companies including Apple, Google, Microsoft and Meta. “Neurogine nToken supports AI Fraud Detection based on NVIDIA technology to detect sophisticated fraud schemes in real-time,” he added.

The membership provides Neurogine with access to technical working groups, advanced security frameworks, conformance tools and certification pathways that support the integration of FIDO Authentication into Neurogine nToken. This includes WebAuthn support, hardware-bound cryptographic protections and interoperability across mobile and web ecosystems, ensuring that enterprise, banking and fintech clients using Neurogine nToken can provide users with stronger, passwordless and phishing-resistant verification.

He added, “This membership reflects our strategic ambition to shape the future of digital ecosystems across Asia and beyond. As the world moves toward a passwordless future, Neurogine is ensuring we remain ahead— delivering technologies that protect users, preserve trust and support a secure digital economy.”

Global reliance on digital identity continues to rise, with digital identity users projected to exceed 5.4 billion by 2026. Adoption of mobile authentication has surged more than 300 per cent in the last five years, driven by the increasing scale of digital payments and regulatory pressure for stronger identity verification. Neurogine’s FIDO membership allows the company to respond to these shifts with internationally standardised, interoperable and certified identity solutions built for global markets.

The move to join the FIDO Alliance also reinforces Neurogine’s long-term ambition to expand its authentication technologies beyond the region, strengthening its position as a trusted provider of secure, scalable and internationally certified digital identity solutions.

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ABOUT NEUROGINE SDN BHD

Neurogine Sdn Bhd is a financial technology company focused on developing secure, innovative solutions for payments, digital financial services, and tokenised decentralised finance (DeFi). Its mission is to expand financial inclusion, enable a thriving digital economy, and support financial system stability through cutting-edge platforms like Neurogine n2Tap (Malaysia’s first PCI MPoC Software and PCI MPoC Solution certified mobile payment technology), Neurogine SoftPOS, Neurogine nVenTap, Neurogine nToken, Neurogine nPay, Neurogine nMerchant, Neurogine nBank and Neurogine nCard. Neurogine collaborates with banks, financial institutions, and regulators across the region to build robust domestic and crossborder financial infrastructure that supports both economic growth and digital transformation.

www.neurogine.com