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American Eagle Financial Credit Union President and CEO Announces Retirement


American Eagle Financial Credit Union President and CEO Announces Retirement
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EAST HARTFORD, Conn. American Eagle Financial Credit Union (AEFCU) announced that Dean Marchessault, the nonprofit organization’s president and CEO, will retire at the end of 2021, allowing for a transition process over the next seven months. Marchessault’s decision to retire will conclude 22 years of service to Connecticut’s largest community credit union, including seven as president and CEO.
“The board of directors and I would like to extend our sincere appreciation to Dean for his decades of dedicated service to American Eagle Financial Credit Union particularly for his leadership as our president and CEO,” said Michael DePasquale, chairman of the AEFCU board of directors. “During his tenure as president and CEO, the credit union’s asset size almost doubled to $2.3 billion, and Dean has been instrumental in increasing American Eagle’s recognition as a leader and si ....

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BIO-key's Q1 revenues improve to $1.9M | Planet Biometrics News


Highlights included:
BIO-key began initial technology deployments for its large-scale ID projects in Africa, recording hardware revenue of $680k in Q1.
BIO-key secured a $1.2M, three-year contract extension from a Fortune 500 telecommunications customer for fingerprint biometric security support services.  
BIO-key added new higher education customer contracts in the quarter, extending the penetration of its PortalGuard™ identity and access management solution, while also converting several customers to the new cloud hosted version, PortalGuard IDaaS (Identity-as-a-Service).
U.S. Department of Justice Division Leverages PortalGuard for Secure Authentication.
West Coast State Increased Deployment of BIO-key’s Biometric Authentication Solution to secure access to Centralized Voter Registration database. ....

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BIO-key launches MobileAuth with PalmPositive | Planet Biometrics News


10 May 2021 19:50 GMT
BIO-key International, an innovative provider of identity and access management (IAM) solutions featuring biometrics, today introduced its new mobile app, BIO-key MobileAuth with PalmPositive the latest among over sixteen strong authentication factors available for BIO-key s PortalGuard Identity-as-a-Service (IDaaS) platform. MobileAuth’s fast, touchless biometric user authentication – using a palm scan – works with any Android or iOS device to provide the unprecedented combination of a simple, privacy-protected, and convenient user experience with the identity integrity and availability that enterprises require.
While multi-factor authentication (MFA) is an essential part of any IAM strategy, organizations such as NIST and the FBI have warned that traditional MFA methods such as passwords and phone-based methods, including one-time password (OTP) generators and SMS codes, remain vulnerable to social engineering and cyberattacks. Moreover, re ....

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