10:32 AM EDT, 06/05/2025 (MT Newswires) -- OneSpan ( OSPN ) said Thursday it acquired Nok Nok Labs, a provider of passwordless authentication solutions based on Fast Identity Online, or FIDO, standards.

By combining Nok Nok's software with its own technologies, including FIDO2 security keys, Digipass devices, and Cronto transaction signing, OneSpan ( OSPN ) said it now offers a full authentication portfolio for both cloud and on-premises use.

The company plans to integrate both firms' technologies to enhance offerings for banking and enterprise clients.

Nok Nok, a founding member of the FIDO Alliance, serves customers across the US, Asia, and Europe, OneSpan ( OSPN ) said.

Financial terms of the deal were not disclosed.

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