No offense, but uh... please read the article?
You quoted: including One Time Passwords (OTP)via SMS phone messages
The sentence that phrase is lifted from: U2F is an alternative to other forms of two factor authentication (2FA) including One Time Passwords (OTP)via SMS phone messages.
So you either deliberately or carelessly misquoted. What's more, I quote:
> Additionally, Google's research found that with OTP based authentication there was an average failure rate of three percent. In contrast, with the U2F Security Key approach, Google experienced zero authentication failures. The improved efficiency of using Security Keys instead of OTP is estimated by Google's support organization to have saved the company thousands of hours per year.
And further:
> "While any 2-SV mechanism is better than having only a password on your account, FIDO U2F provides strong authentication that's resistant to many forms of advanced phishing attacks that traditional 2-SV doesn't protect against," Brand said. "It also provides for a much better user experience."
So no. The headline is not misleading and in fact your hot take and comparison to 1Pass is a misunderstanding.
For people curious what these keys look like in the wild, by far the most famous brand name most people in our space would see is Yubico, which you can see here: https://www.yubico.com/products/yubikey-hardware/fido-u2f-se...
You _can_ integrate this approach into your product, into your AWS environment, into your Azure environment, or into your linux servers. And it works, and it can be self-hosted if that is a priority for you.
Oh, and if you'd like to try the best of ALL THREE WORLDs, LastPass directly supports Yubikey FIDO keys. And also lacks 30s of impromptu vault animations and supports touchid. They're working on facial recognition for Windows as a 3rd factor as well, I'm told. That'll be great.