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Nymi Band to Enable Physical Access, Logical Access and Contactless Payments Using NXP Semiconductors’ Secure Element Technology

Posted by partclay on Mar 1, 2016 12:18:00 PM
Nymi will be demoing the unification of these use cases at this week's RSA Conference. Read the full press release below.

Nymi™ and NXP Semiconductors are proud to announce a collaboration at this week’s RSA Conference to demo physical access, logical access and contactless payment capabilities of Nymi’s upcoming product release, the Nymi Band – a wearable device that delivers secure, persistent authentication solutions to the enterprise. As a part of an ongoing partnership, NXP provides Nymi with the Nymi Band’s Secure Element and NFC components, enabling physical and logical access and payment functionality in a secure, single solution. Nymi and NXP will demo this functionality during the RSA Conference at the NXP Booth (#S1547) between March 1st and March 3rd

This collaboration marks an important milestone for Nymi in preparing for the launch of the Nymi Band to enterprise customers later this year.

“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.”

“Wearable solutions like the Nymi Band use advanced security technology to bring more convenience to people’s lives,” said Sami Nassar, Vice President Cybersecurity Solutions at NXP. “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 is unifying various authentication applications into a single device and will demo other applications at 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.

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