BKYI

BIO-key International, Inc. is a cybersecurity company specializing in identity and access management solutions featuring biometric authentication technology. Headquartered in Wall, New Jersey, BIO-key provides hardware and software solutions that use fingerprint biometric authentication to verify user identities for workforce authentication, customer authentication, and transaction security applications. The company's technology aims to replace or supplement passwords with more secure, convenient biometric authentication, addressing the persistent cybersecurity challenges associated with password-based systems including theft, sharing, and weak credential practices. BIO-key's product portfolio includes PortalGuard, an Identity-as-a-Service (IDaaS) platform providing single sign-on, multi-factor authentication, self-service password reset, and identity lifecycle management. The platform supports various authentication factors including fingerprint biometrics, mobile push notifications, hardware tokens, and passwords, giving organizations flexibility in deploying appropriate security measures. BIO-key's fingerprint biometric technology, developed and refined over decades, includes algorithms for matching fingerprints with high accuracy and resilience against spoofing. The company also provides biometric hardware including fingerprint readers and scanners. BIO-key serves commercial enterprises, government agencies, educational institutions, and healthcare organizations seeking to enhance security while improving user experience. The company has secured significant government contracts and serves customers across industries where strong authentication is critical for regulatory compliance, data protection, or transaction security. BIO-key competes in the crowded identity and access management market against larger cybersecurity vendors, specialized biometric companies, and authentication providers. Success depends on demonstrating superior technology performance, achieving integration with enterprise IT systems, securing customer wins, establishing recurring revenue streams, and differentiating in a market with intense competition and evolving authentication technologies including passwordless and mobile-first approaches. The company continues developing its technology and expanding commercial traction in the large and growing identity security market.