Nomitri chooses Verimatrix XTD to protect its innovative smartphone self-service payment system

These unique artificial intelligence technologies for checkout systems and smart shopping carts, are enhanced by self-defense cybersecurity technologies that provide multiple layers of protection and help detect security breaches

AIX-EN-PROVENCE, France & SAN DIEGO, December 12, 2022–(BUSINESSWIRE)–Regulatory News:

Verimatrix(Euronext Paris: VMX) (Paris:VMX), a leading provider of security solutions serving users for a safer connected world, announces today that Nomitrya German artificial intelligence software company, has chosen the XTD technology Verimatrix for the protection of its embedded visual intelligence technologies for retail customers.

Nomitri evolves cutting-edge research in the field of embedded deep visual recognition (deep learning) into innovative solutions for the retail and quick commerce sectors. Thanks to its modular software, Nomitri is able to transform any camera into a real smart camera. Their EmCart® solution enables retailers like Edeka Lüning to offer customers a seamless shopping experience, self-service checkout, fraud prevention and data access. Nomitri’s Smart Pick&Pack solution leverages human-centric, AI-based automation and enables micro-distribution centers to improve their operations at minimal cost.

However, the use of these technologies entails risks for all parties involved. While the benefits in terms of functionality and efficiency are many, they can only be achieved with the certainty that all parties effectively protect the code of their innovative applications at fundamental levels in order to prevent many types of cyberattacks aimed at causing disruptions or gathering user or business information.

“By providing retailers and fast-commerce players with some of the most significant advances in commerce management technology, we recognize the important role security plays in our business,” said Trinh Le Fiedler, Co-Founder and CEO of Nomitri. “We are pleased to work together with Verimatrix’s XTD technologies on security.”

“The world’s largest technology players are clearly placing increasing importance on the security of their technologies as well as that of the information of customers and the companies associated with them,” said Juha Hogmandervice president, cybersecurity business of Verimatrix.

“With a cost-effective, no-code approach to deploying strong protections to prevent and eliminate potential cybersecurity white spots, we are proud to support our customers with unwavering strength that provides all stakeholders with lasting peace of mind. and appreciated.”

About Nomitry

Nomitri is a Berlin-based AI software company whose mission is to use cutting-edge AI technology to facilitate the development of human-centric automated systems in the retail and logistics. Nomitri’s AI software, designed for smartphones, enables retailers and quick-trade players to offer their customers a seamless shopping experience, including a self-service checkout system, prevention fraud and data access, to significantly improve their operations and reduce human error.

To find out more, visit the site www.nomitri.com

About Verimatrix

Verimatrix (Euronext Paris: VMX) helps make today’s connected world safer by providing user-focused security solutions. Verimatrix protects content, applications and connected objects by offering intuitive security, without constraints and entirely focused on the user. The biggest players in the market trust Verimatrix to ensure the protection of their content, such as premium films, streaming sports, sensitive financial and medical data, and mobile applications essential to their business. Verimatrix enables the trusted relationships its customers depend on to deliver quality content and service to millions of consumers around the world. Verimatrix supports its partners to allow them faster access to the market, facilitate their development, protect their revenues and win new customers. To find out more, visit the site www.verimatrix.com.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20221212005501/en/

contacts

Investor Relations Contact:
Jean-Francois Labadie
Financial director
finance@verimatrix.com

Press contacts:
Matthew Zintel
matthew.zintel@zintelpr.com

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Nomitri chooses Verimatrix XTD to protect its innovative smartphone self-service payment system


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