Today’s top Biometrics & Tech news updates for advancing eCommerce and Internet Leaders : NXT-ID (OTCQB: NXTD), Twitter TWTR, Facebook Inc. FB, Apple Inc. APPL and Microsoft, Inc. MSFT.


Today’s top Biometrics & Tech news updates for advancing eCommerce and Internet Leaders : NXT-ID (OTCQB: NXTD), Twitter TWTR, Facebook Inc. FB, Apple Inc. APPL and Microsoft, Inc. MSFT.

NXT-ID, Inc’s (OTCQB: NXTD), The Wocket(TM) contains a single secure smart card that can hold up to 100 cards and is designed to replace all the cards in your wallet. The Wocket(TM) works anywhere that credit cards are accepted and can only be used with your biometric or touch screen authentication. The Wocket(TM) is scheduled to come to market in the first quarter of 2014.

COIN, a company that puts eight credit cards in one COIN is taking pre-orders from consumers for delivery in the summer in 2014. Management believes believe Coin is a substantial improvement on how consumers interact with, and use cards that have a magnetic stripe.

As the two companies prepare for their roll-out in 2014, Investorideas interviews both CEOs to give consumers insight as to what will differentiate the products to the end user. InvestorIdeas is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors.

NXT-ID, Inc Interview:

Q: Investorideas What is the idea behind the wocket(TM)?

A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc The wocket(TM) is our interpretation of everything a modern wallet should be. It has a single reprogrammable credit card within the wocket to allow secure payments to be made in a traditional manner but the wocket has other functionality too and will be able to display identification as well as hold cash just like a traditional wallet.

Q: Investorideas What is the battery life of the smart card in the wocket?

A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc The smart card in the wocket is automatically recharged when it is in the wocket so it will never run out of juice! The wocket uses two CR batteries that need to be replaced every 2 to 4 years depending on frequency of use but they are inexpensive and widely available.

Q: Investorideas Does the phone need to be near for the wocket to work?

A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc No. The wocket does not depend on a phone to work. In fact no confidential information in the wocket is ever passed through a phone or the internet. It is an important security feature.

Q: Investorideas What security features does the wocket have?

A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc In order to access the wocket for use, the user must authenticate themselves through the use of a multi-factor voice biometric algorithm or through a unique identifier on the touch screen. As we have previously stated, no confidential information in the wocket is ever passed through a phone. The confidential card information is loaded directly on to the wocket through a scanner that has an input directly into the wocket. In addition after the card is used, the wocket zeroizes the magnetic strip meaning no information is retained on the card. If the card is lost there is no useful information on it. In fact purchasers can subscribe to an insurance plan with us so that if their card is lost we will replace it overnight and they can continue life as normal within 24 hrs.

Q: Investorideas What features does the wocket offer other than making credit card payments?

A: Gino Pereira, Chief Executive Officer of NXT-ID, Inc Any card with a magnetic stripe can be loaded on the wocket so debit cards, gas cards, supermarket cards and other loyalty cards can all be used. The wocket can also display barcodes and identity cards. The fact that the wocket is a smart wallet also means that future editions will be able to make touchless payments, often known as “touch and go,” and NFC capability means that you could even use it at to make EZ-pass payments while you are driving. Of course you will also be able to hold cash in your wocket as well.

COIN Interview:

Q: Investorideas I had read that the battery life of COIN is 2 years; is that correct? And if so what kind of usage is that based on in testing?

A: Kanishk Parashar, CEO of Coin COIN’s battery life is 2 years under normal usage. Normal usage is 10 swipes per day.

Q: Investorideas What happens if the phone battery dies? Does it still work?

A: Kanishk Parashar, CEO of Coin Coin uses the concept of a leash, when the phone battery dies, the leash breaks and Coin locks down and disables itself. Once this happens, users can manually unlock Coin using a single button passcode (similar to a morse code) and continue to use their Coin without their phone.

Q: Investorideas How do they get the credit info onto the phone app? How is it downloaded?

A: Kanishk Parashar, CEO of Coin Credit card info is downloaded to your phone app by first taking a picture of the front and back of your card, answering personal security questions and finally through a card reader dongle attached to your phone.

Q: Investorideas Have you tested the magnetic stripe with all kinds of payment cards? And can you say which ones?

A: Kanishk Parashar, CEO of Coin We have proven and tested the magnetic stripe with all kinds of payment cards such as Visa, MasterCard, and AMEX just to name a few, as well as other magnetic striped cards like loyalty cards, gift cards, and membership cards.

Q: Investorideas Does the phone need to be near for COIN to work?

A: Kanishk Parashar, CEO of Coin [As per question two] Coin uses the concept of a leash, when the phone battery dies, the leash breaks and Coin locks down and disables itself. Once this happens, users can manually unlock Coin using a single button passcode (similar to a morse code) and continue to use their Coin without their phone.

Q: Investorideas What stops someone that gets a hold of your COIN, from accessing all 8 cards you may have downloaded? For example what happens if it falls in the hands of either a customer service person or if you lose it or someone steals it?

A: Kanishk Parashar, CEO of Coin When you give your COIN to a customer service person or waiter, you can lock the card to avoid unwanted swipes from occurring. Additionally COIN will keep track of the number of times it is swiped and will alert you when actions are suspicious. When your COIN is lost or stolen, it will be disabled and inoperable as soon as it breaks connectivity with your mobile phone and will not function until it is manually enabled or reconnected to your phone.

Monday proved to be a mildly upbeat day for the tech sector, with Twitter Inc. flexing its muscles further after announcing a new method of targeting ads, and after the microblogging company joined several tech leaders in calling upon President Obama to push for tighter controls on governmental efforts to spy online. Twitter TWTR closed with a gain of $4.19 a share, or more than 9%, at $49.14 on Monday. Analyst Ken Sena, of Evercore Partners, said Twitter’s gains were likely “a follow-through from Thursday’s announcement” when the company unveiled “tailored audiences” , or new tools designed to better target advertisements on the company’s site.

Read the full article at:  http://www.marketwatch.com/story/twitter-gains-as-tech-leaders-call-for-curbs-on-spying-2013-12-09?siteid=yhoof2

Facebook, Inc. FB which operates as a social networking company worldwide, builds various tools that enable users to connect, share, discover, and communicate with each other on mobile devices and computers. FB closed up 1.88% on Monday trading over 35Million shares by the market close.

Apple, Inc. AAPL News: Global Equities Research’s Trip Chowdhry today writes that he has been approached by clients asking him what he makes of the rumored iPhone deal between Apple (AAPL -0.78%, news) and China Mobile (CHL -1.44%, news). As I mentioned this morning, The Wall Street Journal reported China Mobile will start taking pre-orders for the iPhone this week, the first time the carrier has ever officially offered the phone. Chowdhry, who has an Overweight rating on Apple shares, and an $800 price target, opines that details of the deal “are still sketchy,” and it remains to be seen what the price will be when the devices do go on sale.

Read the full story at:  http://blogs.barrons.com/techtraderdaily/2013/12/09/apple-may-sell-20m-iphones-on-china-mobile-says-global-equities/?mod=yahoobarrons&ru=yahoo

Microsoft, Inc. MSFT News: Microsoft watchers Mary Jo Foley and Paul Thurrott recently detailed a number of changes that could be coming in the next major version of Windows, something that Foley is hearing called “Threshold.” It could be heading towards our waters in 2015. Unsurprisingly, Threshold continues the trend of unification inside the Windows aegis. The platform becomes more tightly locked, with a common core sporting several faces, or SKUs. One, as described by Foley as “Modern,” is akin to Windows RT, and would focus on Windows Store apps.

Read the full story at:  http://techcrunch.com/2013/12/09/microsoft-could-bring-back-the-start-menu-in-the-next-version-of-windows/?ncid=txtlnkusaolp00000591.

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

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

Visit the company website at:  http://nxt-id.com/

Stay tuned for further announcements about the WOCKET at the company website at:  http://thewocket.com/

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NXT-ID Announces ‘Wocket,’ a Mobile Wallet Within a Smart Card


NXT-ID Announces ‘Wocket,’ a Mobile Wallet Within a Smart Card

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http://www.mobilecommerceinsider.com/topics/m…with-a.htm

NXT-ID has created a mobile wallet solution for consumers that don’t want to use their smartphones for transactions.

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The “Wocket” mobile wallet stores payment information for up to 100 credit and debit cards on a smart card. The smart card utilizes multi-factor authentication including biometric and touchscreen verification. You can either use voice authentication to activate the Wocket at a POS or tap security information onto the home screen.

After activating Wocket, shoppers can choose which payment method they prefer to use. Then, they can either swipe the Wocket through a magnetic card reader, scan the card’s QR code or use NFC to complete transactions.

NXT-ID stores all payment information within a secure biometric vault. Also, the magnetic strip never retains personal information or credit card information. For example, if you pay for something using your MasterCard, then Wocket erases all card information from the strip after you complete your transaction.

Although mobile payments have caught on in other countries such as China, South Africa and China, Americans haven’t widely adopted mobile payment technology. According to a recent study from SAP, only 15 percent of North American customers expressed an interest in buying more with their smartphones.

American consumers haven’t gone mobile for several different reasons. The biggest reason is that few American retail stores have updated their payment infrastructure to accept mobile payments. Also, many consumers worry that criminals could obtain their credit card and debit card information from a lost or stolen smartphone.

In addition, the mobile wallet infrastructure is fragmented. Google Wallet works for prepaid, Citibank, Visa, MasterCard and Discover cards, but it’s NFC based, which means it only works with phones and store payment terminals that are equipped with NFC.

Another mobile wallet, Apple’s Passbook app, allows loyalty cards, gift cards, credit cards and debit cards to be stored on iPhones. However, only a few merchants currently accept Passbook.

When NXT-ID releases Wocket in 2014, it could be the catalyst for mobile payment adoption in the U.S. and other developed countries. Wocket addresses security concerns, works universally and requires no equipment investments. Interested consumers can register at TheWocket.com to be notified when pre-orders become available.

Stay tuned for further announcements at the company website and at: http://thewocket.com/

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

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

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Mobile Biometric Company NXT-ID, Inc. to Present at the 9th Annual “Livingston Nanotechnology Conference” December 11th


NXT-ID, Inc. to Present at the “Livingston Nanotechnology Conference”

NXT-ID to Discuss The Wocket™, Its Next Generation Biometrically Secure Wallet

SHELTON, CT–(Marketwired – Nov 25, 2013)

livingston securities.pngNXT-ID, Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces it will be presenting at the 9th annual “Livingston Nanotechnology Conference” to be held Dec 11th – 13th in Midtown Manhattan.

Mr. Gino Pereira, CEO of NXT-ID, Inc., will present at the December 11th session, introducing the company’s next generation suite of MobileBio™ biometric technologies. From facial recognition to voice biometrics, the company’s technology is at the forefront of change in the mobile and security sectors.

Mr. Pereira’s presentation will focus on the pending 2014 launch of its leading product, The Wocket™. The Wocket™ is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard, can replace more than 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card.

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The “Livingston Nanotechnology Conference” is a must-attend event for those interested in disruptive technologies and in getting involved in next generation technologies before they are in the popular press.

Businesswoman pressing  scan bar code high technology.It is the largest and longest running gathering of investors, entrepreneurs and innovators in New York and always attracts a unique and high-end audience.

“We expect investor presentations by over 50 public and soon-to-be-public companies at the event, and are tentatively scheduling site visits to Albany Nano and the Brookhaven National Labs,” said Scott Livingston.

“Every year the conference highlights next generation technologies. This year we are already planning tracks to help our attendees learn about technologies that seem far fetched but are much closer to commercial reality than people realize, including 4D printing (3D printing with smart materials that change their properties over time),” he went on to say.

For more info on last year’s presenters visit: LivingstonSecurities.com

About NXT-ID Inc. ~ Mobile Security for a Mobile World:

nxt-idNXT-ID, Inc.’s (OTCQB: NXTD) 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. 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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For more information: marketwired.com/press-release/nxt-id-inc-present-9th-annual-livingston-nanotechnology-conference

Disclaimer/ Disclosure: The Investors News Magazine is a third party publisher of news and research as well as creates original content as a news source. Original content created by Investors News Magazine is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site may be compensated by featured companies for news submissions and content marketing. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.

NXT-ID Magazine article today in BroadwayWorld


Biometric-Mobile Wallet Technology Takes Aims at a Target Market Of Nearly $1Billion Potential

CORAL SPRINGS, Florida, November 20, 2013 /PRNewswire/

Market news updates for advancing leaders in the Tech, Biometrics & Mobile App Industries: NXT-ID, Inc. (OTCQB: NXTD), Apple Inc. (AAPL), Brocade Communications Systems, Inc. (BRCD). Cisco Systems, Inc. (CSCO) and NQ Mobile Inc. (NYSE: NQ)

soundview technology group logoSoundView Research, a leading independent research firm, recently published a report on NXT-ID, Inc., (OTCQB: NXTD) featuring the market and opportunity for its leading product, The Wocket. SoundView Research states, “We estimate that NXT-ID can capture 6 million users in the U.S. for its Wocket product. Based on the estimated selling price of The Wocket at $99.99 per unit, and including the optional insurance program and other ancillary services we estimate the U.S. market opportunity for NXT-ID’S Wocket to be in the range of $780M to $930M.”

To read the full press: http://www.fnmprofiles.com/profiles-nxtd.php

wocket_orange2The Wocket, anticipated to be coming to market in the first quarter of 2014, is a new biometrically secure device designed to replace the traditional wallet and the number of cards consumers carry. Its dynamically programmable magnetic stripe, NXTCard can replace up to 100 cards and can include medical records, ID, coupons etc. that are currently kept in a wallet, with one single secure card. The Wocket has a target market of nearly $1B in the U.S. alone. The opportunity will expand across multiple segments, given that the company’s products target consumers, enterprise and government agencies in the U.S. and overseas.

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For more information: broadwayworld.com/Biometric-Mobile-Wallet-Technology-Takes-Aims-at-a-Target-Market

Disclaimer/ Disclosure: The Investors News Magazine is a third party publisher of news and research as well as creates original content as a news source. Original content created by Investors News Magazine is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site may be compensated by featured companies for news submissions and content marketing. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.

Original Apple Computer Sells For $671,000 At Auction


Original Apple Computer Auctioned For $671,000

By David Murphy

https://i2.wp.com/www.cedmagic.com/history/apple-1-2-steves.jpgAnd here you thought a coffee date with Apple CEO Tim Cook was expensive. Unfortunately, vintage Apple hardware commands a bit more of a price than a one-hour coffee chit-chat with Cook – albeit barely.

An original version of the Apple-I computer – signed by cofounder Steve Wozniak himself – has managed to fetch a staggeringly high price at a recent auction, more than $200,000 higher than auction house Auction Team Breaker estimated as the highest price that Apple’s first-ever computer might have generated.

The system, originally owned by electrical engineer Fred Hatfield, is one of 46 known units still in existence out of an original lot of 200 systems crafted up by Wozniak and late Apple cofounder Steve Jobs. The auctioned-off system even came with a letter from Jobs himself, offering Hatfield all of $400 if he would trade in his Apple I for an upgraded Apple II.

Hatfield seems to have (wisely) declined.

Apple-1The Apple I auction came to a final total of $671,000, all of $31,000 higher than the last Apple I unit sold by the same auction house last November. Previously, Apple I systems have set sales records of around $375,000 when auctioned; the market for original Apple devices has certainly ballooned up since that point, an auction for an Apple I motherboard held in June of 2012.

The aforementioned Apple I computer was originally set at a minimum sales price of $116,000. However, the ballooning up of the device’s selling price could be attributed to the simple fact that the Apple I remains a core part of the company’s history – “the physical artifact that traces this incredible success to its origins,” said Computer History Museum curator Dag Spicer in an interview with The New York Times.

And, we note, the fact that the system itself seems to function sans issue.

https://i0.wp.com/oldcomputers.net/pics/apple1.jpgIt’s not as if previous Apple I systems have always managed to sell high at auctions. According to the Times, a nonworking Apple I computer didn’t even manage to meet its reserve price of slightly over $75,000 when auctioned last year in London. Hatfield’s system is functional – helping it to draw a higher price, in addition to the colorful story behind the system itself.

It’s unknown who the exact seller was who purchased the Apple-I system up for grabs, save for the fact that he’s apparently some kind of “wealthy entrepreneur from the Far East,” reports United Press International. The system’s seller is similarly mysterious; a “young American who works for a software company,” reports the Times, who brought the system to the auction cloaked in a blanket.

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For more information: uk.pcmag.com/apple-i-computer-fetches-671k-in-auction

Disclaimer/ Disclosure: The Investors News Magazine is a third party publisher of news and research as well as creates original content as a news source. Original content created by Investors News Magazine is protected by copyright laws other than syndication rights. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.