Bridgetown, Barbados Credit Union Selects BIO-key's PortalGuard To Enhance Access To Shared Workstations Including Biometrics
Portfolio Pulse from Benzinga Newsdesk
BIO-key International, Inc. (NASDAQ:BKYI) has been selected by the City of Bridgetown Co-operative Credit Union Ltd. (COB) to implement its PortalGuard platform with Identity-Bound Biometrics (IBB) for secure staff access to systems and data. This move aims to enhance cybersecurity and staff productivity, especially in shared workstation environments, by providing a passwordless, phoneless, and token-less multifactor authentication solution that meets cybersecurity insurance mandates.
February 06, 2024 | 2:01 pm
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BIO-key International, Inc. (BKYI) partners with the City of Bridgetown Co-operative Credit Union to implement its PortalGuard platform, aiming to improve security and productivity.
The partnership with the City of Bridgetown Co-operative Credit Union represents a significant business development for BIO-key, showcasing the demand and applicability of its PortalGuard platform in the financial sector. This could lead to increased market confidence in BIO-key's products and potentially drive up its stock price in the short term as the market reacts to this positive news.
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