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BIO-key Receives $910,000 Order to Upgrade Long-Time Financial Services Customer to Enhanced Biometric Customer Identification Technology

Oct 29, 2024•over 1 year ago

Contract Type

contract

WallOtherInformation TechnologySoftwarePrivacy And SecuritySecurityCyber SecurityBiometricsSoftware Development

Description

BIO-key® International, Inc. has received a $910,000 order from a long-term financial services customer to upgrade to BIO-key’s “fingerprint only” Biometric Customer Identification Technology. The technology enhancement will allow the customer to identify each of its clients by a simple fingerprint scan – without the need for a card, account or ID number, saving an estimated thirty seconds per client encounter.

Company Information

Company

BIO-key International

Location

101 CRAWFORDS CORNER RD

Wall, New Jersey, United States

About

BIO-key has over two decades of expertise in providing authentication technology for thousands of organizations and millions of users and is revolutionizing authentication with biometric-centric, multi-factor identity and access management (IAM) solutions, including its PortalGuard IAM solution, that provides convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading biometric capabilities, enable large-scale on-premises and cloud-based Identity-as-a-Service (IDaaS) solutions, as well as customized enterprise solutions.

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