BIO-key Secures $910,000 Order to Upgrade Long-Time Financial Services Customer to Enhanced Biometric Customer Identification Technology [Yahoo! Finance]
BIO-key International, Inc. (BKYI)
NASDAQ:AMEX Investor Relations:
bio-key.com/investors
Company Research
Source: Yahoo! Finance
featuring Identity-Bound Biometrics (IBB) for phoneless, tokenless, passwordless and phish-resistant authentication, announced that it 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 builds on the customer's expanding deployment of BIO-key technology to verify the identity of customers, now totaling over 25 million enrolled individuals. Previously customers were verified at a branch location by matching their fingerprint scan and their ID number, account number or card. By upgrading to BIO-key's “fingerprint only” identification, the customer will be able 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. The financial services customer plans to upgrade all its users to BIO-key's fingerprint-only identity solution in order
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BKYI
Sec Filings
- 12/9/24 - Form 3
- 12/3/24 - Form 8-K
- 12/3/24 - Form 8-K
- BKYI's page on the SEC website