BIO-key’s MobileAuthTM with PalmPositiveTM Announced as Winner of 2021 Technology Innovation Award by Lucintel


   July 14, 2021

Dallas, TX, July 14, 2021 -- Lucintel, a premier market research and Management Consulting firm, is pleased to announce BIO-key MobileAuth™ with PalmPositive™ as the recipient of the Lucintel 2021 Technology Innovation Award in Biometric Market. This new mobile application from BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of identity and access management (IAM) and Identity-Bound Biometric solutions, is the latest multi-factor authentication method to be added to BIO-key’s PortalGuard® Identity-as-a-Service (IDaaS) platform.

Based on recent market research, Lucintel chose BIO-key MobileAuth for this award because of its novel approach to multi-factor authentication. MobileAuth offers fast, touchless Identity-Bound Biometric user authentication – using a palm scan – that works on any camera-equipped device, supporting both Android and iOS, to provide the unique combination of a simple and convenient user experience with the highest levels of security, integrity and flexibility enterprises need.

With MobileAuth, BIO-key has introduced a different way to authenticate that eliminates the inconvenience, security risks, and costs of traditional authentication methods. Well-suited for everyday use cases including secure remote access for the workforce, third-party access, Customer IAM (CIAM), and passwordless workflows, MobileAuth offers Identity-Bound Biometrics as an alternative to user-controlled, device-based biometric methods, ensuring that only an authentic user can access their online identity, preventing information from being accessed by unauthorized users or hackers.

Lucintel’s awards in innovation and industry excellence recognize outstanding achievements and the latest endeavors by companies in various industries, identifying the most successful, innovative, and forward-thinking companies and products in business today. Lucintel awards are based on systematic and detailed research on the relevant market to identify and recognize the most successful recent innovations. These initiatives enable companies to demonstrate high levels of industry impact and benefits to end users. To know more contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, a premier market research and Management Consulting firm based in Dallas, Texas, has served over 1,000 clients for over 20 years. With our in-depth analysis and sage advice, Lucintel offers solutions for your growth through game changing ideas and analysis of robust markets and unmet needs. Lucintel has been quoted in esteemed publications, including The Wall Street Journal, ZACKS, and The Financial Times. For further information, visit www.lucintel.com.

About BIO-key International, Inc.

BIO-key International is headquartered in USA, New Jersey and is an innovative provider of world-class, flexible, secure access management, and biometric identity solutions. BIO-key International provides authentication technology and is revolutionizing authentication with biometric-centric, multi-factor identity and access management (IAM) solutions, as shown in www.info.bio-key.com/mobileauth. Company’s aim is to deliver innovative and value-added solutions to help their clients to secure their data using biometric authentication. For further information, visit www.bio-key.com/.

Contact:

Brandon Fitzgerald

Lucintel

Dallas, Texas, USA

Email: brandon.fitzgerald@lucintel.com

Tel. 972.636.5056

Cell: 303.775.0751


 

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