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News Direct Reaffirms Its Commitment to Accepting Payment in Cryptocurrency

News Direct

Despite the recent turmoil in the cryptocurrency world, News Direct today announced its intention to continue accepting payment in bitcoin via its partnership with BitPay. BitPay supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), ApeCoin (APE), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu (SHIB), Euro Coin (EUROC) and 5 USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD). News Direct announced that it began accepting remuneration in crypto back in March of this year, and it has proven popular among many of its customers, the majority of which that pay in this manner are businesses engaged in the blockchain and crypto ecosystems. News Direct Founder and CEO stated “Our continuing commitment to accepting payment in the various, stable cryptocurrencies that are offered through BitPay is simply a matter of providing the best and most seamless user experience to our customers. Our entire platform is about using technology to make workflow more efficient, secure and expeditious and this is just one example of that philosophy”. About News Direct News Direct provides news and content distribution for PR, IR, Corporate Communications and Marketing professionals. Our automated platform delivers a completely-reimagined, intuitive workflow, industry-leading security, transparent, flat-rate pricing and actionable analytics. Further, News Direct has deployed an array of innovation including advanced automation, isolation cloud technology and custom software for the most dynamic, efficient and flexible platform available today. To learn more visit newsdirect.com or follow us on LinkedIn, Twitter, Facebook, Instagram or YouTube. Contact Details News Direct Media Relations +1 888-797-2735 media@newsdirect.com Company Website http://www.newsdirect.com

December 08, 2022 11:33 AM Eastern Standard Time

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$SWISF CEO Explains How LinkedIn Hacks Occur And How Sekur Private Data Helps Protect Against Hacks

Sekur Private Data Ltd

Contact Details Corporate Department corporate@sekurprivatedata.com Company Website https://sekurprivatedata.com

December 08, 2022 09:00 AM Eastern Standard Time

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Small And Medium Sized Businesses Are Losing Money When They Send Funds Overseas

FatBrAin

For every company, protecting and increasing cash flow is one of the main concerns. However, so many companies do not have the resources to properly evaluate where they have unnecessary losses and how to optimize systems to increase their cash flow. This is especially true of small and medium-sized enterprises, also known as SMEs. SMEs make up over 90% of businesses around the world and approximately half of employment. In the U.S., SMEs account for 44% of all U.S. economic activity and produce the bulk of GDP output. SMEs are crucial to the economy but that doesn’t mean they always have the necessary support to excel in the growing technological world. Artificial Intelligence (AI) and big data have the potential to revolutionize the workforce. These technologies are able to increase efficiency and diversify revenue streams, among other things. However, the companies utilizing these technologies are often large enterprises like Microsoft (NASDAQ: MSFT), IBM (NYSE: IBM), and Nvidia (NASDAQ: NVDA) and government agencies. FatBrain AI (LZG International, Inc.) (OTCQB: LZGI) (“FatBrain”) is looking to change this status quo. FatBrain markets itself as “AI for Everyone” and caters to SMEs. The company is interested in simplifying decision-making for SMEs and giving them the power to harness big data and AI to grow and expand their businesses. FatBrain believes that SMEs often do not have the manpower or capital to derive plausible solutions for their business because there is too much data and too many variables to contend with. This is where AI comes into play. AI allows these businesses to make effective changes toward growth and efficiency without depleting their resources. For example, one product the company offers is its FX Transaction Offering. Its program, FatBrain FX Fair Value Report (FVR) reviews your foreign exchange (FX) transactions and performs possible savings calculations. According to the International Monetary Fund, banks charge up to 25x more in transaction costs than the market FX rate. This impacts the bottom line of SMEs that engage in global commerce. FatBrain is an expert in foreign exchange and international payment services; the company has worked across a diverse amount of sectors that engage in global commerce and has helped companies find the most competitive rates of exchange along with recommending hedging strategies. FatBrain uses its cutting-edge AI for in-depth analysis of a company's historical transactions to identify FX cycles. From there, FatBrain makes recommendations and provides expert coaching to anticipate currency dynamics and match the company’s purchase cycles to unlock FX transaction savings. For SMEs, this makes a world of difference. FatBrain AI (LZG International, Inc.; OTC: LZGI) is the first and leading provider of powerful and easy-to-use AI solutions to millions of businesses of tomorrow driving the majority of the global economy, empowering them to grow, innovate faster and savemoney. FatBrain’s innovative solutions transform continuous learning, narrative reasoning, cloud, blockchain and Web3 technologies into auditable, explainable and easy to integrate products. FatBrain’ssubscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud. The AI 2.0 pioneered by our teams is like WAZE for business growth, using advanced peerdynamics technology to automatically learn patterns from individual and peer behavior. This allows us to deliver coached, personalized AI solutions at hyperscale. FatBrain unifies insights from SaaS applications, turbo-charged by peer and market dynamics: 1) Realize attainable goals from explainable peer performance. 2)Turbo-charge human expertise with superhuman AI insights. 3) Accelerate growth through the contributory network effects. 4) Simplify harnessing data across common apps and market signals. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Shawn Carey ir@fatbrain.ai Company Website https://fatbrain.ai/

December 08, 2022 08:05 AM Eastern Standard Time

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COMCAST BRINGING HIGH SPEED INTERNET TO WAYZATA, MINNESOTA

Comcast Twin Cities

Comcast today announced it will be extending its smart, fast and reliable fiber-rich network to make its full suite of services available to more than 2,300 homes and businesses in the City of Wayzata, including residential broadband speeds faster than 1 gigabit per second (Gbps) and business speeds up to 100 Gbps. The $2.5 million project is on track to start connecting homes and businesses to high-speed Internet by late 2022, with completion of the network throughout Wayzata expected in 2023. The expansion of Comcast’s fiber-rich network to Wayzata, along with previously completed expansions in Rogers and Dayton, brings service to nearly 2,900 additional Twin Cities homes and businesses reached by Comcast since 2021. Over the past three years, Comcast has invested nearly $435 million in technology and infrastructure in Minnesota to enhance its network and product offerings to reach more residents and businesses in the surrounding area with gigabit-capable speeds. The Wayzata expansion brings the company’s statewide investment to more than $437 million. “Comcast’s expansion is welcome news for our residents and businesses in Wayzata,” said Johanna Mouton, Mayor of Wayzata. “As Mayor, I want to be able to offer more choices for our residents so that they can identify the services that work best for them and their needs. In addition, I know the services Comcast brings will be welcomed by our thriving service and retail business sectors.” “We have committed to investing in and expanding our network to ensure that more residents and businesses across our region have the important broadband connections they need for their educational, professional and personal lives,” said Kalyn Hove, regional senior vice president, Comcast. “We are proud to connect these communities with fast, secure and reliable internet service that is built to meet their needs today and into the future.” Residential customers in these areas will be able to take advantage of Xfinity’s full suite of internet products, including: Speeds faster than 1 Gbps and advanced WiFi technology from powerful gateways capable of delivering those speeds to support the ever-increasing number of connected devices in homes; Xfinity Mobile, built for the way consumers use mobile today, with the Internet at the core of the experience, the top ranked service in customer satisfaction can save customers up to $600 a year on their mobile bills; Flex, a free 4K platform for internet-only customers that seamlessly delivers streaming content; xFi, available in the Xfinity app, a digital dashboard to control home WiFi network that includes Advanced Security protecting every device on the network from malware and security threats. Residential customers will also be able to take advantage of the company’s Internet Essentials program that provides low-cost, high-speed broadband for income-constrained households. Since its inception in 2011, the program has connected more than 344,000 Minnesotans. Comcast also participates in the Affordable Connectivity Program (ACP), which provides qualifying households with a $30 monthly credit toward internet and mobile services. For local businesses, Comcast Business will offer a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Company Website https://twincities.comcast.com/wayzataexpansion/

December 08, 2022 07:00 AM Central Standard Time

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Announcing the 2022-2023 Class of AAJA-SF Bay Area’s Rising With the Tides Fellowship

Comcast California

Comcast, NBC Bay Area and the San Francisco Bay Area Chapter of the Asian American Journalists Association (AAJA-SF Bay Area) are proud to announce the fellows and editorial coach who have been selected for the 2022-2023 Rising With the Tides ( RWTT ) program. This year’s program will fund stories by three talented young Bay Area journalists — Kate Selig, Kori Suzuki and Junyao Yang — who will share portraits of the region’s Asian American population and the issues that the community faces. Selig is a Stanford undergraduate student and the news editor of The Stanford Daily. Her RWTT -supported story will focus on the effort to preserve Cantonese language programs at higher education institutions in the Bay Area. Suzuki is an audio and visual journalist and a student at UC Berkeley’s Graduate School of Journalism. For RWTT, Suzuki will trace the history of Japanese American recreational basketball leagues in the Bay Area and will follow one East Bay program through its current season. Yang is also a student at UC Berkeley’s Graduate School of Journalism, and her RWTT -supported story examines the unique challenges faced by Chinese immigrant women who are victims of domestic violence. Selig, Suzuki and Yang will receive guidance during their reporting from this year’s RWTT editorial coach, Karishma Mehrotra. She is a Fulbright fellow and her work has appeared on Radiolab, The Wall Street Journal, CNN, The Indian Express, Scroll.in and Bloomberg Businessweek. Mehrotra has reported across beats, usually focused on forward-looking issues: technology, urbanization and climate. RWTT launched in 2020 as an effort with Comcast to support journalists who were facing career and financial insecurity during the early months of the COVID-19 pandemic. Past RWTT grant recipients have had their stories published in the New York Times, San Francisco Chronicle, NBC Bay Area and Wired. They also participated in AAJA-SF Bay Area’s sold-out live storytelling fundraiser, Hella Asian, held at KQED’s headquarters. All fellows will participate in a story showcase at the project’s end in early spring 2023. The RWTT fellowship is a part of AAJA-SF Bay Area’s mission to support AAPI journalists and storytelling, diversity in newsrooms and to ensure fair and accurate coverage of communities of color. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com

December 07, 2022 12:07 PM Pacific Standard Time

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DragonFly: This American Company Is Innovating In The Hypercompetitive Li-ion Battery Industry

Benzinga

Denis Phares, CEO of Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) was a guest on Benzinga’s All Access on 12/2/22. Dragonfly Energy is an industry-leading manufacturer of deep cycle lithium-ion batteries and is spearheading conventional and solid-state lithium-ion battery research and development worldwide. Sold under the Battle Born Batteries brand, the company’s products are used for powering and charging devices and appliances, low-density mobility, high grade energy storage, and are ideally suited for applications where stability, longevity, and safety are a priority. Watch the full interview here: This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 07, 2022 01:30 PM Eastern Standard Time

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Minuteman Press Franchise in Bloomington, MN Celebrates 15 Years in Business

Minuteman Press International Inc

Bill and Karen Grewe have owned their Minuteman Press franchise in Bloomington, Minnesota since July of 2007. As they celebrate 15 years in business, Bill shares keys to success, lessons learned, high-demand products and services, and many more insights and reflections. Minuteman Press in Bloomington is located at 8742 Lyndale Avenue South, Bloomington, MN 55420. Congrats on 15 years in business! What does this milestone mean to you and what are 3 keys to your success and longevity? Bill Grewe: It means we’ve thrived over other competitors in the area, and we lasted longer than the average small business. Most recently, we survived the Covid-19 crisis, and we start to see a return to normalcy. Further, our retirement plans include continuing to work in our shop for the foreseeable future. We still enjoy it! Key 1: Our customer focus requires us to authorize staff to solve ‘the problem.’ We back the good faith decisions made in our absence. We prioritize discussions about how to solve issues when we are available. We emphasize that the customer is not always right, but we all make mistakes. Even so, there is no need to place blame. We look for win-win solutions. Key 2: Prioritize the quote. It is not the least expensive print company that gets the job; it is the most responsive. Sure, we accommodate ‘commodity-focused’ customers. We also price aggressively on three tiers: retail, print brokers, and non-profits. We also have two of our five employees, who generate estimates for us. Key 3: Value your team members. Our payroll is excessive, and that is intentional. We pay for talent, and that inspires loyalty. When Covid forced us to reduce hours and pay, our staff supported us. We share the successes and struggles, and we look for opportunities together. What are some of the key ways you’ve grown your business? Bill Grewe: One of the hardest lessons we learned was ‘cold calling.’ We waited too long to start following the advice received at training. (What can we say, introverts find it difficult.) A business coach encouraged us to experiment with a variety of ideas. So, we ventured outside the ‘comfort zone.’ As the business expanded, we found a salesman to perform this task for us. Early on, we remembered an important lesson from Minuteman Press International (MPI), “When someone asks you if you can ‘print this’, the answer is always ‘Yes.’” Since our small print shop simply did not have the resources to produce every job, we figured out how to find “central facilities” to fill the gaps. (Hint: We asked our MPI friends, searched the internet for trade only printers, and checked the vendor catalog.) Before FLEX offered a feature to request reviews, we employed a vendor to perform the service on our behalf. Now, we use functionality built in to automatically make this request when invoices are sent. The benefit of our finding this functionality early is that we are working to maintain a 5.0 rating, not trying to earn it. Our Google rating is one of the most often mentioned ways that new customers find us. What are the high-demand products and services that have really been helpful for your clients? Bill Grewe: EDDM offers one landscaping customer the opportunity to replace the 20% customer loss experienced year-over-year. On a routine basis several times each year, we use a central facility to produce 30,000 postcards. Our customer chooses the carrier routes they want to prospect. Then, we batch the postcards and deliver them to various post offices in the area. Wide format is a place where our central facility strategy permits us to offer signs for graduates. Our graphic designer offered to produce artwork for a school-themed graduation sign, and word quickly spread. Several other schools participated, and parents even paid in advance our third year providing this service to our community. One private school decided to pay for all the signs ahead of time and resell them. We print so many envelopes, regular and window. We moved our envelope printing off our digital toner machines onto an inkjet envelope printer, and we assigned the task to our graphic designer. This freed up our other machines for other work. We still have discriminating customers, who demand precise color. So, when our team cannot match color digitally, we work with an area pressman, who works out of his garage. How would you best describe your community? Bill Grewe: Bloomington is the 5th largest city in Minnesota with more jobs per capita than either Minneapolis or St. Paul, the two largest cities. Businesses range in size from the smallest to large, multi-national corporations. From a business perspective, the opportunities are abundant. Why do you think printing remains so vital to businesses today? Bill Grewe: Print provides tangible marketing messages that you can set aside for a convenient read. Where people skim their emails followed by the quick delete, they store and share meaningful documents. What was your background before franchising and why did you choose Minuteman Press? Bill Grewe: Neither of us comes from a print background. Karen worked in a day care center, then provided home day care. I worked for the revenue department for 20 years before looking for something new. An advertisement caught my attention, and the rest is history. What has the support from Minuteman Press International been like for you? Bill Grewe: After learning volumes of new information during training, I spent the first year figuring out what it all meant. Remember when I said we waited too long to start following all the advice we received from Minuteman Press International? I was so wrapped up in trying to understand it all, I missed the ‘do this’ advice that helped our business start growing. The FLEX software is a significant advancement over previous versions, which underscores Minuteman Press International’s commitment to improvement. Its integration with the website and increased functionality allows us to accept orders and payments online. Much of our business remains either an email or phone conversation, but the day is coming when current customers can reorder previously delivered projects with the click of a portal button. We should not miss an opportunity to thank the most important local support provided by Minuteman Press International, our field representative Kate. When Bill, our salesman, retired in July this year, Kate was on the job helping train Pete with updated advice from the franchisor, using FLEX, etc. What are the biggest personal and professional rewards of owning your business? Bill Grewe: For us, our franchise provides a sense of security. While there are income fluctuations, the business provides a steady income. Furthermore, it is part of our retirement plan. (We enjoy working with our staff.) What advice would you give to other business owners or people looking to own a business? Bill Grewe: For people looking to own a business, your first responsibility is to build your market share. Your employees depend on their paycheck. This means you must separate yourself from the day-to-day operations and focus on how to increase income. Our franchise focuses on building a relationship with customers. This starts with listening long enough to hear the vision, ask questions to clarify the intent, and suggest options that deliver the right product on schedule. It involves managing expectations and avoiding unrealistic promises. Sometimes the best thing to tell your customer is, ‘We simply cannot meet that deadline.’ Otherwise, you risk delivering a product that advertises failure. It’s better to overdeliver. For more information on Minuteman Press in Bloomington, MN, visit their website: https://minuteman.com/us/locations/mn/bloomington/ Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

December 07, 2022 10:00 AM Eastern Standard Time

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'Tis the Season-ally Inspired Holiday Menus at Firebirds Wood Fired Grill

500NewsWire

Charlotte, NC ( 500NewsWire ) -- Firebirds Wood Fired Grill introduces new holiday lunch and dinner menus just in time to make any celebration a memorable one this holiday season. From hand-cut wood-fire grilled NY Strip, and certified Duroc pork chop with cognac cream sauce, to Bananas Foster Bread Pudding for dessert, Firebirds’ limited time scratch-made menus are available now through January 3. Firebirds Wood Fired Grill is known for its signature hand-cut steaks and fresh seafood hand-fileted in-house and seared over locally sourced hickory, oak, or pecan wood on Firebirds’ exposed wood-fired grill. Firebirds’ seasonal Lunch Menu includes suggested wine pairings, and features: NY Strip (10oz.) BLT butter / choice of side Suggested wine pairing: Decoy Cabernet Sauvignon Parmesan Crusted Mahi Coal-roasted tomato-basil sauce / “loaded “ember-grilled corn / fresh asparagus Suggested wine pairing: Decoy Chardonnay Lump Crab Cakes Bold remoulade / wonton slaw / seasoned steak fries Suggested wine pairing: Firebirds Private Label Chardonnay Guests can enhance their entrées by adding: Lump Crab Cake Lobster Mac & Cheese Dessert Bananas Foster Bread Pudding Vanilla bean ice cream / spiced pecans / crispy cinnamon-sugar tortilla Firebirds’ seasonal Dinner Menu includes suggested wine pairings, and features: NY Strip (14oz.) BLT butter / choice of side Suggested wine pairing: Decoy Cabernet Sauvignon Tomahawk Prime Pork Chop Wood-grilled, certified Duroc pork chop / cognac cream sauce / red wine-poached apples / green chile mac & cheese Suggested wine pairing: Acrobat Pinot Noir Parmesan Crusted Mahi Coal-roasted tomato-basil sauce / “loaded “ember-grilled corn / fresh asparagus Suggested wine pairing: Decoy Chardonnay Lump Crab Cakes Bold remoulade / wonton slaw / seasoned steak fries Suggested wine pairing: Firebirds Private Label Chardonnay Guests can enhance their entrees by adding: Lump Crab Cake Lobster Mac & Cheese Dessert Bananas Foster Bread Pudding Vanilla bean ice cream / spiced pecans / crispy cinnamon-sugar tortilla Many of the restaurant’s dishes are created using fresh seasonal ingredients. Gluten-sensitive menu items, such as Grilled Tenderloin Salad, Wood Grilled Salmon, and Parmesan Mashed Potatoes, are also available. Firebirds offers catering, online ordering for ToGo and delivery options. In addition, Firebirds is offering a holiday gift card promotion. For every $100 in gift cards purchased in-store or online, guests will receive $20 in “bonus cards.” This special offer is available now through December 31st and “bonus cards” are valid for redemption from January 1 through February 9, 2023. For more information visit firebirdsrestaurants.com/gift-cards/. Firebirds Wood Fired Grill’s FIREBAR® offers an impressive array of seasonal cocktails, craft beer, bourbon, after-dinner drinks, Firebirds’ private label wine, hand crafted mocktails and more. Popular specialties include Wine Down Mondays, and happy hour in the FIREBAR® and on the Patio every Monday through Friday from 4PM – 7PM. Happy Hour times vary. Visit FirebirdsRestaurants.com to make a reservation, order ToGo online, or register to become a member of Firebirds’ Inner Circle and be the first to hear about upcoming events, promotions, new menu items and exclusive offers. Members receive a gift for joining and a gift for their birthday. About Firebirds Wood Fired Grill Firebirds Wood Fired Grill, a polished casual American restaurant, is an energetic twist on the traditional grill featuring a boldly flavored menu in a stylish, fire-centric atmosphere. Signature menu items include hand-cut steaks and fresh seafood hand-fileted in-house and seared over locally sourced hickory, oak, or pecan wood on Firebirds’ exposed wood-fired grill. Complementing its inviting dining room, a patio with seasonal comforts and the award-winning FIREBAR® are additional gathering spaces inside the restaurant. Firebirds has been named one of ten ‘Breakout Brands’ by Nation’s Restaurant News, and the 2022 Diners’ Choice Winner awarded by OpenTable. Firebirds supports sustainability efforts and partners with Alex’s Lemonade Stand Foundation, having surpassed $3 million raised for childhood cancer research through the sale of fresh-squeezed lemonade. To become a member of Firebirds Inner Circle, order ToGo online or to make a reservation visit firebirdsrestaurants.com. Contact Details Firebirds Wood Fired Grill Lesley Gamwell +1 404-309-6915 lgamwell@rountreegroup.com Company Website https://firebirdsrestaurants.com/

December 07, 2022 08:59 AM Eastern Standard Time

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Identity-Bound Biometrics Could Eliminate Hidden Costs Of Current Passwordless Solutions, Says BIO-key

BIO-key International, Inc.

With the ever-growing number of websites that individuals need to log into these days, for both work and personal matters, creating and remembering countless, unique, and secure passwords have become a substantial challenge. In the workplace, specifically, this could lead to potential security risks as employees may end up ignoring security protocols altogether due to password fatigue, putting their organization’s data security at risk. In addition to the pain points arising from having to remember passwords, traditional authentication methods also result in mounting costs for organizations – with sizable IT helpdesk resources required just for password resets alone. Additionally, according to the World Economic Forum, 80% of all cybersecurity breaches occur as a result of weak or stolen passwords. With all the issues associated with password-based authentication, organizations are now seemingly ready to move away from this approach. A recent survey showed that 82% of business leaders currently say that they are ready to implement passwordless authentication options within their organizations. Current Passwordless Authentication Options May Not Be The Best Most of the passwordless authentication solutions adopted today rely on hardware tokens or mobile devices – which present their own set of issues, including security risks from the loss of the physical devices and usability challenges in restricted areas of operation such as contact centers and manufacturing floors. Additionally, authentication methods involving mobile phones could involve hidden costs for both the employer and employee. BIO-Key International Inc. (NASDAQ: BKYI), a provider of Identity and Access Management (IAM) solutions, reports that it offers authentication options that could address such risks and issues by offering an easier and more secure way to authenticate the identity of employees, customers, and suppliers. The company says that its unique approach to authentication uses Identity-Bound Biometrics (IBB) to manage access across devices and applications within the organization. IBB is part of BIO-key's unified IAM platform — PortalGuard ® IDaaS (Identity-as-a-Service) — which offers various authentication options, including biometrics, to meet the security goals of most modern organizations and deliver an optimized user experience, reports the company. BIO-key also recently introduced new authentication methods to its one-of-kind multi-factor authentication mobile app, MobileAuth TM, which now includes server-secured facial recognition, device-based biometrics for Android and iOS, and push token support. The app was initially launched with just one biometric option, PalmPositive TM, which supported secure biometric authentication through palm scanning. Benefits Of BIO-key’s Identity-Bound-Biometric Solution According to the company, Identity-Bound Biometrics provides a unique and superior level of security as it verifies the identity of the person completing an action– logging into a system, completing a transaction, accessing private information–instead of just authenticating a device, token, or credential. Traditional passwordless options involving a physical device like a mobile phone or token simply confirm that an approved device is being used. There is no way to confirm that the device is actually being used by the authorized individual. IBB offers flexibility and ease of use, where a one-time enrollment quickly sets up access across multiple devices and locations for employees in organizations implementing their solution, says the company. There is also greater deployment versatility and scalability across use cases with BIO-key’s IBB solution, which enables enterprises to provide a consistent and seamless user experience for their employees. In addition, it reduces overall costs by streamlining IT department resources and eliminating operational redundancies yielded by traditional authentication systems. The company reports that its IBB option is cloud-ready and easily integrated with systems, applications, and infrastructures. It is a safe, efficient, cost-effective, and secure option that can be applied to a range of common use cases, including shared workstations, zero-trust environments, remote access, and scenarios where mobile devices are not permitted. Through its trusted biometric authentication solution, Identity-Bound Biometrics, BIO-key believes it could enable organizations to move into a passwordless future with a solution that’s easy to use and hard to hack. IBB could help employers, employees and customers by eliminating the hidden costs associated with current options that involve mobile phones, hardware tokens or other physical devices with a more sensible authentication solution. More information about BIO-key’s Identity-Bound Biometric solutions can be found on BIO-key.com. 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/

December 07, 2022 08:15 AM Eastern Standard Time

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