BIO-key and Runlevel Secure First Major IAM Deployment with a National Bank in Mozambique; Extends Growing List of Banking Customers | BKYI Stock News

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May 27, 2025
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  • BIO-key International (BKYI, Financial) secures first major IAM deployment in Mozambique.
  • Strategic partnership with Runlevel aims to expand into Portuguese-speaking African countries and Timor-Leste.
  • Runlevel to serve as a Value-Added Reseller offering localized support and technical training.

BIO-key International, Inc. (BKYI) has announced a significant strategic partnership with Runlevel, a specialized cybersecurity solutions provider, to extend its Identity and Access Management (IAM) offerings to Portuguese-speaking African countries (PALOP) and Timor-Leste. This partnership has already achieved its first major success, securing a deployment with a National Bank in Mozambique.

The deployment in Mozambique will feature BIO-key's PortalGuard On-Prem solution, which includes Multi-factor Authentication (MFA) and Single Sign-On (SSO) capabilities, highlighting the increasing demand for robust cybersecurity measures in the region. This marks a critical step in BIO-key's strategic expansion into new markets, reinforcing its presence in the global financial sector.

As part of the Channel Alliance Partner program, Runlevel will act as a Value-Added Reseller (VAR) for BIO-key, offering pre-sales consulting, deployment support, and technical training adapted to local regulatory requirements. This collaboration leverages Runlevel's deep regional expertise and strong relationships with key enterprises, ensuring a more effective market penetration strategy.

This partnership not only underscores the growing need for advanced IAM solutions in these emerging markets but also strengthens BIO-key’s position as a trusted partner in the financial cybersecurity landscape.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.