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OneSpan Expands DigipassONE Platform and Adds Security Executives

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OSPN$18.29 3.74%

Digital security provider OneSpan Inc. (OSPN) revealed planned updates to its DigipassONE authentication system, including an upcoming passkey trial program expected in November. The firm also shared development progress on DigipassONE Verify, targeting a full commercial launch in early 2027. Shares of the company moved down 2.07% to $17.50 during trading.

The tools aim to help enterprises integrate passwordless logins and digital credentials into existing software systems and user journeys. To support product rollout, the cybersecurity provider hired Megan Shamas to guide product marketing and Matthew Miller to manage cybersecurity product strategy. Both individuals bring previous industry leadership experience from groups such as the FIDO Alliance and Cisco Duo.

Market participants will monitor the rollout of the passkey trial program next month and the full release of DigipassONE Verify in early 2027. The company is also presenting technical topics across several security industry conferences through November.

Key points

  • OneSpan Inc. (OSPN) detailed upcoming features for its DigipassONE authentication platform, including a November passkey trial.
  • The company's DigipassONE Verify solution remains on track for general availability in early 2027.
  • Two security industry veterans, Megan Shamas and Matthew Miller, joined the firm to lead marketing and product management.
  • Stock in OneSpan Inc. fell 2.07% to $17.50 following the announcement.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

What updates did OneSpan make to DigipassONE?

OneSpan introduced a passkey trial planned for November and outlined progress toward the early 2027 release of DigipassONE Verify.

Who joined OneSpan's cybersecurity leadership team?

The company hired Megan Shamas to lead product marketing and Matthew Miller to oversee product management for cybersecurity.

When will the DigipassONE passkey trial open?

The passkey free trial is expected to become available to organizations in November.