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i2Coalition Launches Ethical Web Data Collection Initiative to Promote Industry Best Practices

Ethical Web Data Collection Initiative

Web data aggregators (“web scraping”) gather available data from around the Internet; enabling consumer confidence, commercial innovation, and community safety. To drive further awareness of and public trust in this crucial digital ability, the Internet Infrastructure Coalition (i2Coalition) has announced the launch of the Ethical Web Data Collection Initiative (EWDCI). This international, industry-led, and member-driven consortium of web data aggregation business leaders is focused on encouraging dialogue and improving digital peace of mind for consumers and companies. By establishing the EWDCI, the i2Coalition seeks to foster cooperation within the data aggregation industry and build a framework to establish an open, participatory process around the development of legal and ethical web scraping provider principles that will lead to greater accountability. The EWDCI is actively seeking more members of the data scraping field dedicated to establishing best practices to join and help shape the initiative’s early efforts. “The public deserves digital peace of mind, and ‘scraping’ doesn’t have to be a dirty word when it is done responsibly, but responsibility needs defining,” said Christian Dawson, the i2Coalition’s Executive Director. “As with any industry in these early stages, it has a unique opportunity to have a hand in how it is developed and perceived.” The web data aggregation industry is young and growing, and the founding members of the EWDCI are committed to serve as the voice of this emerging industry. This means collaboratively building public trust in the practice of data aggregation, promoting ethical guidelines, and helping businesses make informed data aggregation choices. Founding EWDCI members include five companies: Coresignal, Oxylabs, Smartproxy, Rayobyte, and Zyte. Web scraping enables business innovation and competition, provides consumer benefits—including serving accurate information and comprehensive pricing—and facilitates thorough data analysis for academic and public safety purposes. Some noteworthy use cases include: E-commerce price intelligence, including up-to-the-minute comparative information on same-item pricing across the internet Jobs and real estate listing aggregation Social listening and brand monitoring Alternative data for investment decision-making Businesses performing a thorough review of consumer trends and competitor companies worldwide to best position themselves for success Companies scanning the Internet data for illicit uses of their intellectual property Businesses confirming validity of marketing spend via ad verification Data aggregation companies supplying pro-bono scraped data to academic researchers, providing them vast data stores for essential research To properly provide these benefits to consumers, companies, and the public at large, data aggregators need to follow ethical practices. Such dedication will serve to further understanding of the data aggregation practice and process, and further the adoption of this technology. Key to this is a safe and community-minded application of aggregation, and therefore a positive reputation for the practice and its practitioners. The i2Coalition is the leading voice for businesses that build the internet, and has spearheaded the creation of similar efforts to create standardized industry benchmarks—such as the VPN Trust Initiative, which determined and promoted best practices for that vital industry. “The EWDCI aims to reach companies with this message of ethical data aggregation, as well as to educate consumers at large and legislators worldwide in the interest of informed, empowered action,” said Dawson. “This will promote industry-led stewardship of important—and already widely adopted—technology in the interest of solving any present challenges and setting the industry up for forthcoming success.” To learn more about the EWDCI, please visit www.ethicalwebdata.com. To become a member, please email Hilary Osborne. To learn more about the i2Coalition, please visit www.i2Coalition.com. About the Ethical Web Data Collection Initiative The Ethical Web Data Collection Initiative (EWDCI) seeks to foster cooperation in the web data collection and aggregation industry and leverage collective first-hand knowledge and insights to advocate for beneficial technical standards and business best practices regarding the aggregation of data. The EWDCI is dedicated to serving as the voice of the industry, collaboratively strengthening public trust in the practice of Data Aggregation, promoting ethical guidelines, and helping businesses make informed data aggregation choices. About the i2Coalition The Internet Infrastructure Coalition (i2Coalition) is the leading voice for web hosting companies, data centers, domain registrars and registries, cloud infrastructure providers, managed services providers, and related tech. The i2Coalition works with Internet infrastructure providers to advocate for sensible policies, design and reinforce best practices, help create industry standards, and build awareness of how the Internet works. The i2Coalition also spearheaded the creation of the VPN Trust Initiative, which determined and promoted best practices for that vital industry. Contact Details Aaron Alberico +1 202-744-0786 aalberico@raynoravenue.com Company Website https://ethicalwebdata.com/

February 28, 2023 03:30 AM Eastern Standard Time

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CleverTap’s Fintech Benchmark Report: Only 1 in 5 users that install fintech apps sign up within week one

CleverTap

CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and “stickiness” for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer “stickiness” by engaging users in effective ways that eventually drive transactions and fuel growth. The report reflects data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. The report gives marketers a truly holistic view of key metrics within the fintech app landscape.It also spans a wide variety of fintech apps, including, but not limited to, mobile payment apps, cryptocurrency, and block chain services, along with banking and insurance among others. These insights will not only serve as a helpful starting point for developing successful engagement strategies, but also assist in understanding how an app fares in comparison to global averages. Some of the key metrics in the report include: Install to sign-up rate: Only 1 in 5 users that install fintech apps (21%) end up signing up within the first week. Average time to sign-up: 70% of the users that sign-up, do so within 75 seconds of launching the app for the first time. Sign-up to conversion rate: 95% of newly signed-up users make at least one financial transaction in the first month. Average time to convert: 76% of newly signed-up users move from onboarding to deeper-in-the-funnel engagement within an average of 7 days. Session frequency: On average, fintech app users launch their app around 11 times a month. Average repeat transaction rate for new users: 15% of newly signed-up users complete more than one transaction in the first week. Average click-through rate for push notifications: On average, 9% of Android users and 6% of iOS users will click on and interact with push notifications. Average click-through rate for in-app notifications: The click-through rate for in-app notifications is 24%, that’s about 3 times more than that of push notifications. Average email open rate: 34% users open emails sent by fintech companies Average Stickiness Quotient: Fintech apps enjoy a stickiness quotient of 22%, that indicates nearly one-quarter of MAUs consistently return to their fintech apps “The fintech industry has seen exponential growth in the last few years. Given the relentless competition within the space, fintech platforms need to step up their Omnichannel engagement efforts to better retain customers,” said Jacob Joseph, VP-Data Science, CleverTap. “The benchmark metrics laid out in our report provide a great starting point for growth marketers looking to develop effective marketing strategies. They will be able to compare numbers against global averages and pinpoint which aspects they are excelling at and which areas could use some attention or innovation.” 95% of new fintech users complete a monetary transaction in the first month. This shows that while users see value in fintech apps, it’s important to adopt customized user engagement strategies to boost retention on the platform. Today there is a real need for fintech brands to bake-in effective marketing strategies within their apps. Users will remain responsive as long as the experience is engaging and seamless. The benchmark report helps fintech apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus. The report can be downloaded here. About CleverTap CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product. The platform is powered by TesseractDB™ - the world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Gojek, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

February 27, 2023 02:51 PM Eastern Standard Time

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Gamelancer Media deepens partnership with Snap Inc. for more creator and revenue opportunities

Gamelancer Media Corp

Gamelancer Media chairman and CEO Jon Dwyer joins Proactive's Natalie Stoberman to discuss how the company is deepening its partnership with Snap Inc. Dwyer said Gamelancer Media aims to include additional programs and creator partnerships through the growing engagement across its 29 Snapchat channels. With subscribers and revenues continually increasing, growing the existing partnership is a natural next step, he added. Gamelancer Media's total Snapchat presence sits at just over 3.7 million subscribers to date and generates over $440,000 in recurring monthly revenue across 23 channels. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 24, 2023 11:10 AM Eastern Standard Time

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Expert Tips for Investing in 2023

YourUpdateTV

The world of money and investing reached an important milestone recently: the 30th anniversary of the very first exchange traded fund launched in the U.S. The SPDR® S&P 500® ETF – simply referred to as “SPY”- made its debut in January of 1993, revolutionizing the way investors big and small invest. 30 years later SPY has become the largest exchange traded fund in the world, with more than $355 billion in assets. But what is an ETF? How do they work? And how do we know which one is right for us? Recently, Allison Bonds, Head of Private & Independent Wealth Management at State Street Global Advisors participated in a nationwide satellite media tour to discuss the 30th anniversary of SPY and the impact ETFs have had on investors. A video accompanying this announcement is available at: https://youtu.be/0ovMXGxmqKc While ETFs are not new, even the most novice of investors can now transform their investment portfolios and potentially reduce the cost of investing. According to a recent study from State Street Global Advisors, over half of U.S. investors with ETFs in their portfolio believe they have made them a better investor, and nearly 60% say ETFs have improved the overall performance of their portfolio. Today, ETFs have become core building blocks for investors making decisions about where to put their money to work in the market. The growth of ETFs to include different types of funds in a variety of asset classes has further added to their appeal with investors who value having choices. Overall, the perceived benefits ETFs have brought to investors globally is overwhelmingly positive- whether or not they even own ETFs. More than half agree ETFs are an investor-friendly investment product (58%) and are better diversified than other investment products (54%). Toward the end of 2022 SPY was trading three times more than Apple — the largest security in the world by market cap. That volume, combined with the size of SPY’s assets,, liquidity, and resilience, has been vital to investors as they construct asset allocation portfolios and navigate extreme market events. For more information, visit ssga.com About Allison Bonds Allison Bonds is a Managing Director of State Street Global Advisors and Head of the Private Wealth Management & Independent Wealth Management for the US SPDR ETF business. In this role, Allison is responsible for defining and leading the SPDR ETF distribution strategy, including management of the sales and national accounts teams, across the wirehouse, regional broker-dealer and private bank channels. She is a member of the US SPDR Senior Leadership Team and the State Street Global Advisors Senior Leadership Team. Allison is a graduate of Cornell University, where she received a BS in marketing. She is a member of the Investment Management Consultants Association and maintains the Certified Investment Management Analyst (CIMA) designation from The Wharton School, University of Pennsylvania. She also holds the Certified Private Wealth Advisor (CPWA) designation from The Booth School of Business, University of Chicago. She maintains her FINRA series 7, 66, 9, 10, and 24 licenses. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 23, 2023 10:00 AM Eastern Standard Time

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Shareholders Call Out JPMorgan Chase for Aiding & Abetting Jeffrey Epstein While De-Banking Conservatives

National Legal & Policy Center

Following the disclosures released last week that megabank JPMorgan Chase & Co. (“Chase”) knowingly allowed sex trafficker Jeffrey Epstein to maintain accounts with which he made multiple payments to his victims – collectively exceeding $1 million – two shareholder groups are pointing out hypocrisy at the bank, and are calling upon it to implement transparency measures and to disclose its policies about whom it does and doesn’t provide services to. According to information in a federal lawsuit by the government of the Virgin Islands against Chase, as early as 2006 the bank’s Global Corporate Security Division flagged “[s]everal newspaper articles... that detail the indictment of Jeffrey Epstein in Florida on felony charges of soliciting underage prostitutes.” According to a report by LawAndCrime.com, four years later Chase’s risk management division raised questions in an internal email about fresh accusations against Epstein. “See below new allegations of an investigation related to child trafficking – are you still comfortable with this client who is now a registered sex offender[?]” The concerns were dismissed and Epstein’s accounts at Chase remained open. Both National Legal and Policy Center and the Free Enterprise Project at the National Center for Public Policy Research own stock in Chase, and have introduced shareholder proposals ( NLPC’s, FEP’s ) that address different aspects of the company’s troubling practice of closing accounts of conservatives without warnings or honest explanations. In their respective proposals, both NLPC and FEP cite past examples where Chase has “de-banked” activists and organizations, including the nonprofit National Committee for Religious Freedom, which “proactively defend(s) the constitutional rights of religious freedom” for “all Americans.” The NCRF was founded by Sam Brownback, the former U.S. Ambassador-at-Large for International Religious Freedom. Ambassador Brownback also served honorably as a Congressman, U.S. Senator, and Governor for the state of Kansas. Chase shuttered NCRF’s account and since then provided false explanations, and then stonewalled about the reasons for the closing. Only now, Chase is asking the Securities & Exchange Commission to let it exclude both proposals ( NLPC, FEP ) from being presented at the company’s annual meeting of shareholders, in an attempt to evade accountability for its discriminatory de-banking practices. “This is evil; Chase let the cash flow to aid and abet Jeffrey Epstein’s sick and disgusting global sex trafficking operation,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “But they shut down its services to a praiseworthy and respectable initiative by an upstanding public servant, and want to hide the reasons for it all from shareholders. The bank is obviously embarrassed and it should be.” “Chase is a too-big-to-fail bank, so it gets to keep its profits, while all taxpayers – not just leftwingers – backstop its losses,” said Scott Shepard, Director of FEP. “Chairman and CEO Jamie Dimon talks a good game about recognizing the folly of woke corporate governance, apparently without realizing that that’s how his shop is run. After these Epstein revelations, it’s time for Congress and the states to investigate Chase and to bar it from doing business until it ends its petty partisan discrimination.” Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Please visit http://www.nlpc.org. The National Center for Public Policy Research, founded in 1982, is a non-partisan, free-market, independent conservative think-tank. Ninety-four percent of its support comes from individuals, less than four percent from foundations and less than two percent from corporations. It receives over 350,000 individual contributions a year from over 60,000 active recent contributors. Contributions are tax-deductible and may be earmarked for the Free Enterprise Project. Sign up for email updates at https://nationalcenter.org/subscribe/. Follow us on Twitter at @FreeEntProject and @NationalCenter for general announcements. To be alerted to upcoming media appearances by National Center staff, follow our media appearances Twitter account at @NCPPRMedia. Media Contacts: Judy Kent, NCPPR, Director, Media Relations 703-477-7476 or JKent@NationalCenter.org Jackie Jones, NCPPR, Media Relations Consultant 316-644-9538 or Jackie@TruthPR.com ### Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

February 23, 2023 09:30 AM Eastern Standard Time

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International Mother Language Day Taiwan’s CIP Presents Awards to 23 Individuals for Revitalizing Indigenous Languages

Council of Indigenous Peoples

TAIPEI, TAIWAN - Media OutReach - 23 February 2023 - The Council of Indigenous Peoples held the 2023 International Mother Language Day – Indigenous Language Revitalization Awards Ceremony on February 16. Vice President Lai Ching-te and Premier Chen Chien-jen presented awards to the 23 recipients and offered their respect and gratitude for all those working to revitalize indigenous languages. Representatives of indigenous churches around Taiwan were also invited, for the first time, this year to discuss how government agencies can collaborate with indigenous churches in the future to achieve the UN’s goal of encouraging sustainable mother language development. Vice President Lai Ching-te and Minister Icyang Parod of the Council of Indigenous Peoples presenting the Lifetime Contribution Award. Vice President Lai Ching-te shared in his remarks that Taiwan enacted the Indigenous Languages Development Act in June 2017, establishing indigenous languages as one of the official languages of Taiwan. During his tenure as the premier, in January 2019, Taiwan promulgated the Development of National Languages Act, wherein Hakka Chinese, Taiwanese Hokkien, the Matsu dialect, other natural languages used by existing communities, and the Taiwan Sign Language were all established as official languages of Taiwan. Premier Chen Chien-jen expressed that the CIP has launched the highly important “Program to Incentive Indigenous Churches to Encourage Indigenous Languages” this year to support the Development of National Languages Act. The program aims to encourage indigenous churches around the country to promote the use and learning of indigenous languages as indigenous churches are largely frequented by multiple generations, making it the perfect site for passing on indigenous languages. The Executive Yuan will continue to invest more resources and manpower and work with different sectors to foster a friendly environment for indigenous languages. In subsequent meetings, Minister Icyang Parod also delivered his keynote speech on Sano’ Amisen ita a somowal (let’s speak our indigenous languages) to show the heads of indigenous agencies across the country how they can use indigenous languages in public settings, administrative meetings, on signs, and when promoting other public officials to foster an environment where the use of indigenous languages is common and prevalent. Contact Details Media Contact Johnson Wu piuscswu@gmail.com

February 23, 2023 08:00 AM Eastern Standard Time

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U.S. Army Rapper Takes Center Stage

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/cr-uqJDUPfk Most people don't know that there are more than 200 different careers in the Army, including musicians. Endless opportunities await Soldiers who are seeking an opportunity to serve the country while pursuing their passions and finding their purpose. There is no better example of the unexpected career paths for Soldiers than Staff Sergeant Lamar Riddick. As one of the first hip-hop artists in the Army, Staff Sergeant Riddick is an example of how the Army supports the dreams of Soldiers in and out of uniform. “Find out what your passion is. What do you love to do? See if that is available to you in the Army and you can still serve your country doing what you love” Staff Sgt. Riddick told an interviewer with Greensboro, NC station WGHP (Fox). If music is not your passion, the Army also has careers in the fields of science, medicine, technology, engineering, cyber and more. Soldiers also enjoy competitive benefits to help them continue to advance their careers and personal lives, including everything from healthcare, tuition assistance, home buying benefits, and so much more. “The Army has provided a great opportunity to have stability in my life through health coverage, to mental and physical therapy, to my finances. A great thing about the Army is being supported by an organization that also encourages travel and provides the resources. I had the opportunity to spend 26 days in Scotland preforming with the Army Field Band in front of thousands of people, that blew my mind and felt like a dream and I was able to do that through the support of the Army” Riddick added in an interview on WTTG TV in Washington, D.C. “The possibilities are endless” Riddick shared with the audience on Chicago’s WFLD TV. For more information on life in the Army, www.GoArmy.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 22, 2023 02:28 PM Eastern Standard Time

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Gamelancer Media announces partnership with TikTok North America

Gamelancer Media Corp

Gamelancer Media Chairman and CEO Jon Dwyer joined Proactive's Natalie Stoberman to share the announcement of the company's partnership with TikTok North America. Dwyer said this landmark achievement aims to introduce integrations that further strengthen Gamelancer Media's Creator Program, while increasing brand and creator opportunities and creator content monetization on the platform. The media company continues to experience new growth averaging 1.4 million new members monthly, boasting a total of 37 million followers and subscribers to date. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 22, 2023 11:51 AM Eastern Standard Time

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Contact Centers Are Increasingly Looking Beyond Traditional Multi-Factor Authentication and Turning To Biometrics To Prevent Fraud

BIO-key International, Inc.

By Gita Karunakaran, Benzinga BIO-key International Inc. (NASDAQ: BKYI) is a trusted provider of Identity and Access Management (IAM) and Identity-Bound Biometric solutions that are refining and changing the way Multi-factor Authentication (MFA) is used within IAM. The company competes with other access management software providers such as Okta Inc. (NASDAQ: OKTA); ForgeRock Inc. (NYSE: FORG); and Cyber Software Ltd. (NASDAQ: CYBR). BIO-key is innovating within the space to offer an easier and more secure way to authenticate the identity of employees and customers while managing their access across devices and applications. BIO-key’s cybersecurity solutions are currently being used to solve unique access management challenges across a plethora of industries, including financial services, healthcare, retail, education, manufacturing, and government. With almost every industry and business having an online presence today – and cybercrime and security breaches ever on the rise – there is an urgent need for reliable authentication and access management solutions. Take the burgeoning customer contact [or call] center business, for example. In the U.S. alone, there are 34,013 Telemarketing & Call Center businesses as of 2023 and their numbers have been steadily increasing by 2.3% per year on average between 2018 - 2023. The global scenario is even more active, with the cloud-based contact center market seeing significant growth from USD 6.80 billion in 2017 to USD 93 billion by 2022 – a whopping 25.2% Compound Annual Growth Rate (CAGR). Contact Center Fraud Under The Spotlight Fraud has always been considered a huge area of risk for contact centers, given that there is a vast amount of personal information being handled by the customer-servicing teams as well as the fact that contact center agents handle payment transactions as well. Contact center fraud is any instance when a caller tries to spoof the identity of a legitimate customer and obtain sensitive data. Fraudsters can also try to process a high-value transaction on behalf of the customer, routing the funds to a different account/address that they can then access. The fraudster does this by obtaining sensitive personal identification information, which enables them to mimic the customer’s identity to a very believable degree of authenticity. They become privy to passwords, answers to secret questions, and even SMS OTPs (one-time passwords) through SIM spoofing, i.e. getting access and using your phone number. Organizations have reportedly seen a spike in fraudulent calls since the start of COVID-19. Due to their rising numbers, contact center fraud has come under the spotlight in recent years, with enterprises looking to take concrete measures to combat scammers and fraudulent entities. As organizations become more aware of the cybercrime landscape, they are paying more attention to their identity and access management and authentication solutions. They’re beefing up their cybersecurity arsenal by going beyond passwords and PINs and introducing increased security protocols like traditional and advanced multi-factor authentication. Some of the best practices that are used by contact centers include ‘what you are’ authentication, such as a voice biometric, over traditional ‘what you know’ methods like PINs and passwords to securely authenticate customer identity and effectively combat fraud. They also adopt strategies such as providing focused training to the contact center agents and giving them access to only the most necessary customer information so that they do not end up inadvertently divulging additional personal information of a customer to a fraudulent caller. While voice biometrics are in use to prevent external frauds, there is also a risk of misuse of sensitive information by contact center agents or past employees in cases where they may have malicious intent and misuse customer information for personal gain –- adding to the need for a robust access management strategy. Contact center agents are known to regularly handle massive amounts of sensitive information on behalf of both the company they represent, as well as the customers who require their assistance. Therefore, in most contact centers, certain electronic devices like mobile phones that could be purposely or unwittingly used to capture sensitive information and relay it outside of the contact center are generally disallowed among agents. In such scenarios, an MFA process involving one-time passwords or PINs sent to mobile devices may not be feasible. In addition, contact center best practices involve restricting access on a need-to-know basis and are set up in a manner that requires a higher level of authorization for sensitive transactions including address changes, large fund transfers, and the like. What is needed is a simple and elegant solution that is not time-consuming and, at the same time, able to confirm the identity of the actual individual behind the access request. How BIO-key Can Help This is where companies like BIO-key, which offer a variety of flexible authentication solutions, could play a key role by enabling organizations to enforce stronger security and multi-factor authentication. For example, for contact center employees who use shared workstations across multiple locations, BIO-key offers Identity-Bound Biometrics (IBB) with fingerprint scanners. This solution eliminates the need for users to carry around individual tokens or phones to verify their identity. In addition to the enhanced security, IBB helps employees to smoothly, efficiently, and securely carry out their daily operations, including when they’re working on shared workstations in multiple shifts at contact centers. In these scenarios authentication using physical tokens and mobile devices may not be viable choices due to security policies, high cost, and inconvenience. However, organizations can quickly implement station-based fingerprint scanners and a one–time enrollment for all employees with Identity-Bound Biometrics. In which case, users can enjoy a passwordless login experience at any device across any branch location – without needing to use phones or tokens. BIO-key’s IBB authentication methodology can reliably verify a person’s identity so that organizations can have confidence that only authorized people are gaining access to systems and data. BIO-key’s cloud-based PortalGuard Identity as a Service (IDaaS) platform offers flexible options for SingleSign-on (SSO) and supports a range of multi-factor authentication methods, including IBB, phone apps such as Duo, Microsoft and Google Authenticators, smartcards, OTP, and knowledge-based questions and methods. BIO-key’s customers can access the power and convenience of Identity-Bound Biometrics to ensure the highest levels of integrity, security, availability, and accuracy that enterprise security requires. BIO-key has a long track record with fingerprint authentication, and where applicable, its one-of-a-kind mobile app, it calls MobileAuth, could be used to eliminate the inconvenience, security risks, and costs of traditional authentication methods. MobileAuth can be used for multi-factor authentication (MFA) or passwordless workflows that make it easy to sign in with a simple palm or face scan – no password needed. BIO-key says that implementing MFA is one of the core steps to achieving zero trust – an approach that treats every person and every device as a potential threat. PortalGuard offers the greatest flexibility and choice across the three main categories of authentication factors: something you know (passwords, PIN), something you have (hardware tokens, phone-based methods), and something you are (biometrics, such as a palm scan, fingerprint or facial recognition). Because IBB authenticates the identity of the actual user, according to BIO-key, there is no stronger way to establish trust and ensure secure access across an organization. To learn more about the business applications of BIO-key’s solutions visit the company webpage here. This article was originally published on Benzinga here. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

February 22, 2023 09:00 AM Eastern Standard Time

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