Financial services companies have the most urgent need for safer payment methods, according to FIDO (Fast IDentity Online) Alliance. Financial institutions such as Wells Fargo, Goldman Sachs and JP Morgan Chase, among others, have joined the group. The Universal Authentication Framework also allows experiences that combine multiple authentication mechanisms such as fingerprint + PIN. The strong second factor allows the service to simplify its passwords, such as a 4-digit PIN, without compromising security. The protocols are based on public key cryptography and strongly resist phishing.”]