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Intercede strikes OneSpan reseller deal to push enterprise FIDO passkeys

Story Highlights
  • Intercede has formed a strategic reseller partnership with OneSpan to expand enterprise adoption of FIDO2 passkeys and phishing-resistant authentication.
  • OneSpan will resell Intercede’s MyID CMS with its Digipass-as-a-Service, offering an integrated passkey management solution for large, regulated organisations worldwide.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intercede strikes OneSpan reseller deal to push enterprise FIDO passkeys

Meet Samuel – Your Personal Investing Prophet

Intercede ( (GB:IGP) ) has provided an update.

Intercede Group has entered a strategic reseller partnership with authentication specialist OneSpan to accelerate enterprise adoption of FIDO2 passkeys and strengthen its position in the high-growth market for phishing-resistant authentication. Under the deal, OneSpan will resell Intercede’s MyID solutions, particularly MyID CMS, alongside its Digipass-as-a-Service platform through its global channels, expanding Intercede’s market reach and aligning with its strategy of leveraging high-quality partners.

The integration of MyID CMS with OneSpan’s Digipass-as-a-Service combines lifecycle credential management with production and provisioning of FIDO2 security keys, delivering an enterprise-grade passkey management solution that supports FIDO Enterprise Attestation and Entra ID environments. The partnership is expected to help regulated and large organisations deploy strong, scalable authentication more easily, reinforcing both companies’ roles in securing identities and access in critical sectors such as banking and other highly regulated industries.

Spark’s Take on IGP Stock

According to Spark, TipRanks’ AI Analyst, IGP is a Neutral.

The score is primarily driven by solid profitability and a strong balance sheet, but weighed down by the recent revenue decline and sharply weaker free cash flow growth. Technicals are mixed with neutral-to-positive near-term signals but a longer-term trend still below key moving averages, while valuation looks moderate with a P/E around 20.8 and no dividend data.

To see Spark’s full report on IGP stock, click here.

More about Intercede

Intercede Group is a UK-based cybersecurity software company focused on digital identities and strong authentication, offering a full spectrum of solutions from secure registration and ID verification to password security management, one-time passwords, FIDO and PKI. Its products and professional services support government, aerospace and defence, financial services, healthcare, telecoms, cloud and IT clients in building passwordless, high-assurance authentication environments.

Average Trading Volume: 250,463

Technical Sentiment Signal: Hold

Current Market Cap: £61.97M

See more data about IGP stock on TipRanks’ Stock Analysis page.

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