March 5, 2016 -
Toronto based authentication solution firm Nymi collaborated with NXP Semiconductors at this past week’s RSA Conference to demo physical access, logical access and contactless payment capabilities of the Nymi Band.
The Nymi Band is a wearable device that delivers secure, persistent authentication using HeartID, proprietary technology that leverages the wearer’s unique cardiac signature (or ECG) as a biometric identifier.
NXP provides Nymi with the Nymi Band’s secure element and NFC components that enables physical and logical access and payment functionality in a secure, single solution.
“The past year has been instrumental in shaping Nymi’s vision for our upcoming launch, and the alliances we have forged during that time with partners such as NXP are an essential part of our go-to-market strategy,” said Karl Martin, founder and CTO of Nymi. “Our ultimate goal is to transform authentication into a persistent and frictionless experience, and NXP has been a pivotal part of bringing that vision to life.”
Sami Nassar, vice president cybersecurity solutions at NXP added, “Using NXP’s secure element, wearable turnkey solutions like the Nymi Band can provide physical access to open enterprise or home doors, provide logical access to cloud services like email and data storage services and enable secure contactless payments.”
Nymi also demonstrated other applications at the RSA conference, including the Nymi Band’s ability to lock and unlock a computer based on proximity, as well as TOTP token generation and biometrically authenticated payments.
Nymi is privately funded by Ignition Partners, Relay Ventures, MasterCard and Salesforce Ventures and is preparing for the launch of the Nymi Band to enterprise customers later this year.