Fresh off of its showing at the Pharma MES & Process Minds conference in Berlin, Nymi is excited about its eponymous platform’s potential in the pharmaceutical and life science industries. As the company points out in a new blog post, the pharmaceutical industry is moving toward “Industry 4.0”, a phase of intense digitization. And in…
Toronto-based Nymi has raised $15 million USD in a Series B funding round, the company has announced. Nymi has been seeking capital to back its ongoing efforts to develop and promote its Nymi Band, a wristband device designed to measure cardiac biometrics for the purpose of continuous authentication. The wearable device offers a number of applications,…
In a new blog post, Nymi is highlighting the business and industrial applications of its Nymi Band. The wristband device is designed to offer continuous authentication through cardiac biometrics, measuring the wearer’s pulse and using its unique rhythmic patterns for identification. Through a collaboration with Microsoft, Nymi has enabled such authentication for unlocking Windows 10…
Nymi has discontinued its Nymi Band Developer Kit and replaced it with the Early Access Program (EAP) for its device’s commercial release. The company’s wristband wearable device is designed to measure a user’s cardiac biometrics for authentication, since those pulse patterns can offer a profile unique to each user. The company has advertised the product’s…
“…users may soon be able to log into their Windows 10 PCs via fingerprint scan on a personal iPhone or Android device…” Microsoft is reaching out to rivals’ tech ecosystems to help push Windows 10 users beyond the password. Speaking at Microsoft’s Ignite developer conference, senior OS security executive Anoosh Saboori said that the company…
Nymi is making the case for biometric security with a new infographic. Posted on the company’s blog and drawing on a range of resources, the document lays out the security risks that today’s companies are facing, and sophisticated new solutions. Nymi asserts that last year saw 781 enterprise data breaches, with the average cost to…
Microsoft developers are working to integrate wearables into Windows 10’s Windows Hello security system, with the aim of letting users perform actions such as unlocking their PCs via the Microsoft Band and other such devices. The news comes by way of Computex, where Microsoft representatives explained how updates to the company’s Companion Device Framework will…
—The Webinar Biometrics, Access Control and The Enterprise of Tomorrow is now online | Click here to watch now!— Biometrics are extremely accessible now thanks to innovations in connectivity and manufacturing that has allowed for high quality identity tech to be acquired and deployed at low cost. Most frequently this level of accessibility is seen in the consumer mobility market,…
Mobile biometrics are making it into the hands of end users everywhere and in more ways than one. While Touch ID is often credited for bringing biometrics to consumers, a combination of password fatigue, demand for security, and exciting use cases has helped next gen mobile authentication reach a critical mass. Here are four ways…
Nymi has teamed up with NXP Semiconductors to show off the possibilities of its biometric wristband at this year’s RSA Conference. NXP is providing NFC and Secure Element components for the Nymi Band to allow for not only access control but mPayment functionality; moreover, access control applications range from physical access control like unlocking doors to…
Biometric technology is more prominent than ever at this year’s Money20/20 conference in Las Vegas. With big names like MasterCard showing off their emerging technologies alongside specialist developers like EyeVerify, it’s clear that fintech is pushing financial services players away from the traditional password and toward biometric solutions. MasterCard had a couple of major innovations…
Last week as part of Mobile Identity Month at FindBiometrics we explored the concept of multimodality in mobile authentication. Of course, thanks to the recent mainstreaming of biometric technology, as well as major innovations in cost, size and availability, we now have the privilege of going beyond the concept and looking into practice. There are…
FindBiometrics was at the BioConnect Launch party, hosted by Entertech Systems at its new Toronto HQ. Here’s a glimpse at the celebration of biometrics and the next generation of physical access. [View the story “FindBiometrics at #BioConnectLaunch Party” on Storify]
Entertech Systems and Nymi have banded together to develop a new kind of biometric access control system. Nymi’s cardiac-based authentication wristband has essentially been integrated into Entertech’s BioConnect access control platform, allowing authorized personnel to access protected areas with the flick of a wrist. Nymi’s signature product, the Nymi Band, uses the company’s HeartID biometric…
Cardiac biometrics developer Nymi has found a new CEO. John Haggard, a veteran of the IT security and authentication industry, will now lead the company as founder Karl Martin transitions to the role of CTO. Nymi is, of course, the company behind the Nymi Band, a wristband that measures cardiac biometrics for constant, passive user…
Nymi, TD, and MasterCard have announced the world’s first wearable payment using cardiac authentication. The payment was made as part of a pilot project underway in Toronto, Regina, and Ottawa. It was made using the Nymi Band, Nymi’s biometric wristband that is capable of monitoring cardiac biometrics. The Nymi Band provides continuous authentication via the…
British bank Halifax is considering the implementation of a cardiac biometric system for customer authentication, according to an article in The Telegraph by Richard Dyson. The technology would theoretically come by way of Canadian company Nymi, as the bank is currently exploring the potential of its Nymi Band biometric wristband. The idea is to take…
Yesterday during Mobile World Congress in Barcelona, Spain, Jeremy Bornstein, head of payments innovation at Royal Bank of Canada, took the stage during a panel titled “Navigating The Mobile Contactless Payments Landscape” and proclaimed that biometric wearables are the future of mCommerce. “This one pictured is Nymi,” said Bornstein, showing a slide of the Nymi wristband,…
Steven Rahman, Director of Technology and Strategy at Samsung, leads a forward thinking team tasked with a critical mission: to secure and develop technology that will maintain the competitiveness of the Samsung platform. As part of our 12th annual biometrics industry Year in Review, Peter O’Neill, president of FindBiometrics, had a chance to speak with Rahman about the state…