NCR extends relationship with BIO-key for biometrics at the POS
31 July 2014 | 2942 views | 0
BIO-key International, Inc. (otcqb:BKYI), a leader in fingerprint biometric identification technologies, cloud- and device-based mobile credentialing and identity verification solutions, today reported that NCR Corporation has expanded its use of integrated BIO-key fingerprint authentication solutions.
NCR will expand deployment through several national retail chains, including Wendy's and Arby's, providing for secure and efficient employee access to tens of thousands of POS terminals.
BIO-key eliminates the cost to issue, manage and recover tokens and access cards from a high turnover retail workforce and reduces plastic waste in the environment. NCR is one of the leading providers of retail operations automation technology. The recent purchase, valued at several hundred thousand dollars, validates the impact BIO-key is having at the store level and is part of a series of orders placed during a long and productive relationship. As an OEM of BIO-key software, NCR had previously distributed and deployed over 53,000 BIO-key enabled POS terminals.
"The longstanding relationship with NCR reinforces several elements of BIO-key's reputation in the market, as well as continues to generate significant revenue for the Company," stated Jim Sullivan, VP of Strategy & Business Development, BIO-key. "The expanded utilization demonstrates that BIO-key fingerprint authentication outperforms traditional authentication methods in real-world visible applications; nothing is more mission-critical to a retailer's revenue than the POS. Additionally, sophisticated buyers of biometric technology clearly recognize the benefit of investing in our reliable, high quality and interoperable fingerprint solutions. Our advanced and visionary approach to sensor independent fingerprint technology allowed NCR and its customers to evolve through three different fingerprint scanner suppliers since our relationship began. BIO-key technology makes the identity and authentication life-cycle easier and less expensive to manage; we expect to deliver continued success and to receive additional orders over time."