Password Managers Report Sharp Passkey Adoption Jump as Major Banks Finally Support Passwordless Login

Passkey adoption crossed a visible inflection point in 2026 as several major US banks — including Bank of America and Chase, which had lagged behind tech-sector adoption for years — added passwordless login support, according to usage data disclosed by 1Password and Bitwarden showing passkey storage in their respective vaults roughly doubling year over year. The banking sector's move matters disproportionately for consumer adoption because financial services accounts are exactly the high-value target where password reuse and phishing cause the most damage, and where users have historically been most reluctant to change established login habits. The technical mechanism — a public-private key pair generated on-device, with the private key never transmitted or stored on a server — makes passkeys resistant to the credential-stuffing and phishing attacks that account for the large majority of consumer account takeovers, since there is no password to steal or guess in the first place. The practical adoption barrier has instead been cross-device and cross-platform friction: a passkey created on an iPhone historically didn't sync cleanly to a Windows laptop without extra steps, a gap that Apple, Google, and Microsoft's continued work on the FIDO Alliance's cross-platform sync standard has been narrowing through 2026. Password managers have positioned themselves as the neutral sync layer solving that cross-platform gap, storing passkeys in a vault that works across Apple, Google, and Microsoft ecosystems rather than being locked into a single vendor's native passkey storage — the pitch driving both 1Password's and Bitwarden's reported growth, since a passkey stored only in Apple's iCloud Keychain doesn't help a user who also carries a Windows work laptop and an Android personal phone. The remaining adoption gap is enterprise single sign-on integration, where passkey support still trails consumer-facing rollout; several enterprise identity providers, including Okta and Microsoft Entra, have passkey support in active rollout but full parity with password-based SSO flows across all legacy enterprise applications remains incomplete industry-wide.