Bionym news roundup: Nymi’s payment pilot with RBC covered by Washington Post, NBC, others

Royal Bank recently announced a pilot project with U of T spinoff Bionym to launch in the new year: their biometric wearable, the Nymi wristband, will be tested for use with payments.

The news was picked up by outlets in Canada, the U.S. and beyond. Here’s a roundup of just a few of the clips:

Washington Post: The heartbeat vs. the fingerprint in the battle for biometric authentication

NBC: With Nymi, Mobile Payment Is Only a Heartbeat Away

Mashable: This wristband works with your heartbeat to pay for things

Daily Mail: Stop car thieves in a heartbeat – Hi-tech bracelet could use electrocardiograms as a unique ‘fingerprint’ to open doors, start cars and even pay for your shopping 

Canadian Press: Royal Bank to test out Toronto company’s Nymi technology

CTV News: MasterCard to test high-tech wristbands as credit card alternatives


Figure 1 takes free, safe photo-sharing for doctors to global audience, partners in experiment with IBM Watson, IBM Bluemix

Congratulations to alumni startup Figure 1 on two pieces of recent news!

The company provides free, safe photo-sharing for health professionals on iOS and Android, enabling doctors and other healthcare providers to share and learn from specific cases while preserving patient privacy.

Figure 1 recently announced in a blog post that they’re set to run an experiment with IBM Bluemix, and the company continues to expand into global markets, including South Africa.

Learn more on their blog…

U of T connections in the spotlight at the latest Future. Innovation. Technology. Creativity. wearables event

The U of T connections abounded at FITC’s recent one-day event on wearables, held November 13 in Toronto.

Karl Martin from Bionym (a U of T spinoff that developed with help from the Creative Destruction Lab and other U of T supports), and Steve Mann (a computer engineering professor also known as ‘the father of wearable computing’) spoke at the event alongside OCAD University’s Kate Hartman and others.

Event co-sponsors included two companies with U of T connections: InteraXon, an alumni startup developing brain-sensing headbands and more; and Thalmic Labs, a graduate company of the Creative Destruction Lab.

Learn more…


U of T startup Chematria uses ‘groundbreaking’ artificial intelligence to hunt for Ebola treatments

Mashable recently featured the timely efforts of a U of T startup called Chematria, as the company applies its artificial intelligence technology in search of treatments for Ebola.

Chematria says the technology can predict effectiveness of new medicines 150 times faster than current methods. It’s already been used in relation to malaria, multiple sclerosis, leukemia, and other diseases.

Read more on Mashable…