Nymi is designed to eliminate the need for a user to enter in a username and password when accessing services like mobile wallets or banking apps. The wristband measures a persons electrocardiogram (ECG) to authenticate the user to devices or apps for a range of functions that could include unlocking payments methods, mobile banking apps and car doors. Nymi, which comes with an embedded ECG sensor, motion sensor and Bluetooth low-energy radio, keeps the user authenticated until he takes off the device.
Bionym said it plans to
