Bionym and PasswordBox announce strategic partnership

March 31, 2014 - 

PasswordBox has announced a strategic partnership with Bionym to enable a system for users of the Nymi bracelet to authenticate on personal devices, website and apps.

According to PasswordBox, once an individual’s identity has been verified, users will be able to use automatic lock and unlock as well as automatic sign-in capabilities through Nymi’s proximity detection technology.

“This partnership is a perfect fit for our users who put a premium on security and seamless instant access to their digital assets,” Daniel Robichaud CEO of PasswordBox said. “Our popular 1-Tap login together with the Nymi bracelet will help bring our users closer to the future of online identity.”

“Bionym and PasswordBox share a common vision of providing frictionless, secure access to customers’ digital lives,” Andrew D’Souza, President of Bionym said. “Using the Nymi, and its biometric security system, to unlock PasswordBox, provides users with an unprecedented level of convenience and peace-of-mind that only they will have access to their data – because it is only their unique heartbeat that can unlock their accounts. We’re thrilled to be able to provide this out-of-the-box functionality to every user.”

“We’re extremely excited to be partnering with PasswordBox to help make our vision of seamless and secure account access a reality,” Karl Martin, CEO of Bionym said.

According to the two companies, under this new partnership, every Nymi user will receive a lifetime subscription to PasswordBox. The Nymi will be available in mid-2014 and will support PasswordBox desktop and mobile upon release.

Reported previously in BiometricUpdate.com, Bionym also recently announced that the Nymi will launch with a Bitcoin wallet as one of its initial applications.

Bionym came out of the galtes like a bolt of lightning when it announced its ECG bracelet project, Nymi. The small Toronto-based company announced Nymi in Fall 2013 and saw massive interest from around the world.

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About Adam Vrankulj

Adam Vrankulj is an editor for BiometricUpdate.com. His background consists of online news writing, editing and content marketing. Adam has written for CBCNews.ca, BlogTO and was the editor and curator for the nextMEDIA and CIX Source publications. He has a degree in journalism and is passionate about science, technology and social innovation. Contact Adam, or follow him at @adamvrankulj