{"id":53041,"date":"2026-04-07T09:00:00","date_gmt":"2026-04-07T02:00:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=53041"},"modified":"2026-04-07T09:00:00","modified_gmt":"2026-04-07T02:00:00","slug":"mula-x-redefines-financial-security-in-thailand-with-ideems-passkeys","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=53041","title":{"rendered":"Mula-X Redefines Financial Security in Thailand with Ideem’s Passkeys+"},"content":{"rendered":"

BANGKOK<\/span>, April 7, 2026<\/span> \/PRNewswire\/ — Mula-X today announced the rollout of Passkeys+ from Ideem, potentially replacing SMS-based OTPs with biometric, device-bound authentication across its digital wallet platform. With this move Mula-X has positioned themselves as an industry leader by delivering a significantly improved user experience while also automatically strengthening security for its users.<\/p>\n

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<\/span><\/p>\n<\/div>\n

Ending the Security-Convenience Tradeoff<\/b><\/p>\n

Built on the FIDO standard, Passkeys+ delivers passwordless authentication that is phishing-resistant, invisible to the user, and bound to the device, giving Mula-X visibility and control that standard passkey deployments simply don’t offer. Authentication happens natively within the app, with no redirects, no OTP delays, and no attack surface for credential theft.<\/p>\n

“By adopting Passkeys+ technology alongside our existing SMS-based verification, it allows Mula-X to deliver a faster,\u00a0 more seamless login experience while strengthening security for our users,” said Lyn Kok, Founder & CEO of Mula-X. “Security and convenience usually don’t go together, but with the advent of AI deep faking, improved phishing attacks and more demanding customers they are both paramount in digital finance.”<\/p>\n

A Stronger Bottom Line<\/b><\/p>\n

The operational impact is equally significant. By enabling an alternative to SMS OTP infrastructure, Mula-X potentially removes recurring delivery costs and the operational complexity of managing global OTP providers, replacing variable, usage-based expense with a scalable, fixed-overhead security layer.<\/p>\n

“The Thai market is sophisticated and fast-moving, and Mula-X’s users deserve authentication at the forefront of the industry,” said Greg Storm, President of Ideem. “Mula-X has demonstrated that better security and user convenience can be delivered simultaneously. Users will always take the path of least resistance, and by making their security easy and convenient, Mula-X has given their customers an easy, automatic and invisible path to better security. .<\/p>\n

As digital finance accelerates across Southeast Asia, Mula-X’s adoption of Passkeys+ sets a new benchmark for what modern fintech security should look like.<\/p>\n

About Ideem<\/p>\n

Ideem is a global leader in next-generation identity and authentication solutions. By evolving standard FIDO protocols into enterprise-grade security layers, Ideem helps regulated industries, including fintech, banking, and e-commerce, deploy “passwordless” environments that do not sacrifice control for convenience. Its flagship product, Passkeys+, provides the device-bound assurance and visibility required for high-stakes financial transactions while maintaining a frictionless user experience.<\/p>\n

About Mula-X<\/p>\n

Mula-X is a fintech pioneer dedicated to developing a platform providing accessible and secure financial services. Focused on the Southeast Asian market, Mula-X leverages cutting-edge design and technology to empower users with financial tools that are as secure as they are easy to use.<\/p>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

BANGKOK<\/span>, April 7, 2026<\/span> \/PRNewswire\/ — Mula-X today announced the rollout of Passkeys+ from Ideem, potentially replacing SMS-based OTPs with biometric, device-bound authentication across its digital wallet platform. With this move Mula-X has positioned themselves as an industry leader by delivering a significantly improved user experience while also automatically strengthening security for its users.<\/p>\n

\n

\"\" <\/a>
<\/span><\/p>\n<\/div>\n

Ending the Security-Convenience Tradeoff<\/b><\/p>\n

Built on the FIDO standard, Passkeys+ delivers passwordless authentication that is phishing-resistant, invisible to the user, and bound to the device, giving Mula-X visibility and control that standard passkey deployments simply don’t offer. Authentication happens natively within the app, with no redirects, no OTP delays, and no attack surface for credential theft.<\/p>\n

“By adopting Passkeys+ technology alongside our existing SMS-based verification, it allows Mula-X to deliver a faster,\u00a0 more seamless login experience while strengthening security for our users,” said Lyn Kok, Founder & CEO of Mula-X. “Security and convenience usually don’t go together, but with the advent of AI deep faking, improved phishing attacks and more demanding customers they are both paramount in digital finance.”<\/p>\n

A Stronger Bottom Line<\/b><\/p>\n

The operational impact is equally significant. By enabling an alternative to SMS OTP infrastructure, Mula-X potentially removes recurring delivery costs and the operational complexity of managing global OTP providers, replacing variable, usage-based expense with a scalable, fixed-overhead security layer.<\/p>\n

“The Thai market is sophisticated and fast-moving, and Mula-X’s users deserve authentication at the forefront of the industry,” said Greg Storm, President of Ideem. “Mula-X has demonstrated that better security and user convenience can be delivered simultaneously. Users will always take the path of least resistance, and by making their security easy and convenient, Mula-X has given their customers an easy, automatic and invisible path to better security. .<\/p>\n

As digital finance accelerates across Southeast Asia, Mula-X’s adoption of Passkeys+ sets a new benchmark for what modern fintech security should look like.<\/p>\n

About Ideem<\/p>\n

Ideem is a global leader in next-generation identity and authentication solutions. By evolving standard FIDO protocols into enterprise-grade security layers, Ideem helps regulated industries, including fintech, banking, and e-commerce, deploy “passwordless” environments that do not sacrifice control for convenience. Its flagship product, Passkeys+, provides the device-bound assurance and visibility required for high-stakes financial transactions while maintaining a frictionless user experience.<\/p>\n

About Mula-X<\/p>\n

Mula-X is a fintech pioneer dedicated to developing a platform providing accessible and secure financial services. Focused on the Southeast Asian market, Mula-X leverages cutting-edge design and technology to empower users with financial tools that are as secure as they are easy to use.<\/p>\n

\u00a0<\/p>\n

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