BIO-key is providing consolidated identity services for a regional bank located in New York. Orange Bank & Trust Company operates 14 locations in Hudson Valley, Rockland, and Westchester counties, and currently manages approximately $1.9 billion in total assets.
Th Bank will be deploying BIO-key’s PortalGuard Identity-as-a-Service (IDaaS) platform to improve security for its workforce, and to make security easier to manage across those 14 locations. PortalGuard will be installed at branch workstations, and will also be used to verify the identities of employees who need to gain access to enterprise applications. In that regard, Orange expressed particular interest in PortalGuard’s biometric and Multi-Factor Authentication capabilities, which are available through the WEB-key utility.
According to BIO-key, PortalGuard will allow Orange to look beyond trusted devices and verify users based on their true identities. The Bank believes that the cloud-based platform will reduce its IT costs while simultaneously improving the experience for end users.
“Orange Bank is partnering with BIO-key to provide our financial institution with a cloud IDaaS solution that delivers advanced biometric authentication,” said Orange IT VP Kathy Pinto. “BIO-key provides both biometric authentication and a proven suite of IAM solutions that provide security flexibility and value over approaches offered by other vendors.”
“The PortalGuard IDaaS platform with WEB-key biometric authentication is compelling for businesses that need to architect a best-in-breed cloud security strategy to address evolving cyber threats, prove a user’s true identity, and decrease time to value,” added PortalGuard President Mark Cochran.
Of course, Orange Bank is far from the first organization to adopt BIO-key’s PortalGuard technology. The list of recent PortalGuard customers includes Oklahoma Wesleyan University and the Orange County Elections Office in Florida. BIO-key itself has credited PortalGuard for its strong financial performance in the past few months, as evidenced in the company’s latest quarterly report.
November 17, 2021 – by Eric Weiss