NXT-ID Patents Behavior-Directed Payments


NXT-ID Patents Behavior-Directed Payments

NXT-ID, Inc. (NXTD, NXTDW), a biometric authentication company focused on the growing mobile commerce market, announced today that it has filed provisional patent 62/188684 for BEHAVIORAL-DIRECTED AUTHENTIATION METHOD AND SYSTEM.

NXT-ID achieves another new convenient and secure method to make payments.  With this patent, NXT-ID further expands new, innovative payment methods, introduced with its groundbreaking voice-direct payment patent application, with behavior-directed payments by introducing a new class of authentication called “behavior-metrics”.

“Like voice-directed payments where you can simply say to pay, this invention enables you to draw to pay,” says David Tunnell, CTO of NXT-ID.  “Users are very familiar with typing a PIN or drawing a pattern to access a device.  Soon, they can also choose a payment account using the same methods they use to authenticate with a device.”

This new technology recognizes both the individual (something you are) and the action (something you know).  Behavior-metrics may include, facial expressions, gesture movements, patterns drawn, or even PINs – virtually any motion, sound, or other behavior that can be detected by sensors and combine physiological features unique to a person, such as biometrics, with some unique action, such as behavior, that can be chosen by a user.

“Convenience is just as important as security”, adds Mr. Tunnell.  “Another key advantage of behavior-metrics is that they enable accessibility.  Like directing payment by simply asking for a word that is associated with an account, users may simply perform a gesture or draw a pattern without having to view a display, enabling a method to pay for those with disabilities such as impaired vision.”

Behavior-metrics simplify selecting a payment by combining it with the same authentication used to access a device.  No more flipping through wallets or purses to find a payment card, or even through apps to select a payment account.  A payment, loyalty, or any account can be selected quickly, immediately as the user authenticates with a device.  This invention will enable mobile and wearable devices to improve both the security and convenience of performing mobile payments and will be available on Wocket® in the future.
Wocket® is a smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone or cloud required. Wocket® works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode

All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.

Buy the Wocket® at:  www.wocketwallet.com

See the full Wocket® FAQ at:  http://wocketwallet.com/pages/faq

Product images are available for media at:  http://press.nxt-id.com

About NXT- ID Inc. – Mobile Security for a Mobile World: (NXTD)

NXT-ID, Inc.’s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers’ mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode. http://www.wocketwallet.com/

NXT-ID’s wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

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