Addis Ababa, June 12, 2023 (FBC) – BIO-key International, Inc. (NASDAQ: BKYI) today announced a partnership with Savvy Information Technology to bring BIO-key solutions to customers in Ethiopia.
It is stated that the Savvy partnership expands the global reach of BIO-key’s Channel Alliance Partner (CAP) within Ethiopia, Africa’s second most populous country and one of the fastest-growing economies in the world.
BIO-key International is an innovative provider of Identity and Access Management (IAM) solutions featuring Identity-Bound Biometrics (IBB), it is noted.
It is learned that Savvy Info. Tech has been providing banks and government institutions in Ethiopia with digital and banking solutions for the last ten years. Savvy solutions include end-to-end card personalization, data protection, identity and access management, payment switching, and fraud management. These solutions have positioned Savvy as a financial institution trustee, and as such, Savvy also offers services, technical support, and training at its state-of-the-art training and customer service centers in Addis Ababa.
An official press release from BIO-key underscores that the company continues to expand its distribution reach into high-growth international markets by working with leading regional partners. The CAP program makes it easy for partners to build new revenue channels by offering BIO-key’s full line of solutions and multifactor authentication options. BIO-key solutions include its award-winning PortalGuard® platform and hardware solutions including fingerprint scanners, which support Identity-Bound Biometric authentication, and FIDO-key® security keys.
“Savvy and our clients have a wonderful chance with this relationship. Which enables us to offer the best IAM and biometric solutions to the numerous local institutions that need such services,” said Etsub Tasew, Savvy’s General Manager.
José Francês, BIO-key’s VP of Sales for Africa, Europe, and Brazil said, “We excited to partner with Savvy to bring BIO-key’s IAM added value solutions to their customers across Ethiopia.”