SOURCE: BioPassword

January 04, 2007 08:00 ET

BioPassword Partners With NAFCU Services Corporation to Offer Members Innovative Multi-Factor Authentication Software Solution

User Authentication Based on Typing Rhythm Protects Consumers and Ensures FFIEC Compliance

SEATTLE, WA -- (MARKET WIRE) -- January 4, 2007 -- BioPassword, Inc., the only software company providing secure authentication and anti-fraud solutions based on the behavioral biometric of keystroke dynamics, today announced a partnership with NAFCU Services Corporation, a subsidiary of the National Association of Federal Credit Unions (NAFCU), to offer and promote BioPassword's unique two-factor authentication solution that ensures strong authentication and compliance with federal regulations.

"With increased guidelines for online banking, credit unions are searching for a solution that provides an added layer of security and is non-intrusive to members," said David C. Frankil, president of NAFCU Services. "BioPassword provides the best of both worlds with a cost-effective solution that can be rolled out easily, with the only equipment required being the keyboard that comes standard with every laptop and computer. BioPassword's solutions enable us to offer the best in authentication software to credit unions."

BioPassword is already providing secure authentication for more than 400,000 online users. Its solutions are easily deployable and transparent to users, as it authenticates individuals based on their typing rhythm, and does not disrupt their usual login process. Using BioPassword to monitor and authenticate users, organizations can quickly and cost-effectively implement secure access, comply with regulatory requirements, and reduce the risks of fraud. BioPassword's products include BioPassword Internet Edition for multi-factor authentication in web-based environments and BioPassword Enterprise Edition for multi-factor authentication in Active Directory networks and Citrix Presentation Server environments.

"With our growing mobile workforce, secure authentication for our employees is of the utmost importance," said Steve Schipull, CFO of San Antonio City Employees Federal Credit Union. "With the help of BioPassword's easy-to-use solution, we are ensuring the highest level of security while eliminating calls to the help desk. Once again, NAFCU Services is on the cutting-edge, endorsing an innovative and viable solution for credit unions."

"NAFCU Services is a trusted source for credit unions across the nation and BioPassword is thrilled to partner with them to expand the availability of our solutions," said Mark Upson, CEO of BioPassword. "By providing its members with BioPassword's multi-factor authentication solution, NAFCU Services can ensure more local credit unions are FFIEC compliant while maintaining an added layer of security for users."

About BioPassword

BioPassword, Inc. (, located in Issaquah, Washington, leads the market in delivering enterprise security software solutions for multi-factor authentication and reducing fraud using the biometric science of keystroke dynamics. By creating a biometric template from user logon credentials in combination with a high-performance behavioral biometric processing engine, the device-independent authentication software is fast, accurate, transparent, scalable to millions of users and immediately deployable across the organization and the Internet without the need for expensive tokens, cards or other specialized hardware. BioPassword topped the list of CRN magazine's "Five Security Startups You Should Know," and BioPassword Internet Edition was recently awarded the Computerworld Horizon Award for cutting-edge technologies. To learn more about BioPassword's solutions, check out the December 18th issue of TIME magazine. You can also visit our Web site or contact us at (425) 649-1100. For a live demonstration of keystroke dynamics, log onto

About NAFCU Services

NAFCU Services Corporation, a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU), has been in business since 1975 and currently offers 21 Preferred Partner programs to the credit union community. For each product or service available, there are a host of companies from which a credit union can choose. NSC has conducted extensive research in order to best identify those that offer outstanding value and opportunity.

NAFCU is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public. For more information about NAFCU, visit

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