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Stock impact report

Capitec Bank Exceeds Nine Million BIO-key-Enrolled Customers for In-Branch Identification in South Africa

BIO-key International, Inc. (BKYI) 
NASDAQ:AMEX Investor Relations: bio-key.com/investors
Company Research Source: GlobeNewswire
WALL, N.J., March 12, 2020 (GLOBE NEWSWIRE) -- BIO-key International, Inc. (NASDAQ: BKYI), an innovative provider of biometric authentication and security solutions today announced that flagship customer Capitec Bank Holding Company of Stellenbosch, South Africa has exceeded nine million customers enrolled in their BIO-key-based in-branch biometric client identification system.  Capitec customer enrollments in BIO-key have grown substantially since the bank deployed its system using BIO-key in 2015.  The innovative system for streamlining client identification while enhancing security for its customers was one of the first of its kind in South Africa.     For over four years, Capitec has utilized BIO-key biometric technology to automate the positive identification of its clients at contact points in its branches. BIO-key was originally selected by Capitec in 2015 after comprehensive testing confirmed BIO-key’s accuracy and scaling capabilities, providing a solid foundation for curr Show less Read more
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