Karl Martin, Founder and CEO, President, VP of Marketing and Director of Platform talk about the past, present and future of the Nymi Band – the wearable technology device that uses your heart’s unique signature to bypass passwords, unlock devices and more.
Founded in 2011, Nymi is a spinoff from the University of Toronto, focused on delivering unique and usable digital identity solutions. The company’s first product is the Nymi Band, a wearable technology device that delivers Persistent Identity experiences by using the wearer’s unique electric cardiac signature as a biometric. Nymi is proudly based in Toronto and is privately-funded by Ignition Partners, Relay Ventures, MasterCard and Salesforce Ventures.
Halifax, which is owned by Lloyds Banking Group, is the first UK bank to test electronic wristbands that use customers’ heartbeats to verify their identities in an effort to make online banking safer.