Mobile Biometric Company NXT-ID, Inc. to Team With the John F. Welch College of Business at Sacred Heart University


Mobile Biometric Company NXT-ID, Inc. to Team With the John F. Welch College of Business at Sacred Heart University

Business School Students to Participate in Marketing Studies and Initial Testing of the Wocket(TM), NXT-ID’s Next Generation Biometrically Secure Smart Wallet

NXT-ID Inc., (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces it will be doing a joint project with students at the John F. Welch College of Business at Sacred Heart University in Fairfield, CT to assist with the marketing roll out of its next generation smart wallet, the Wocket™.

The Wocket™ is a new biometrically secure smart wallet 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.

In the initial phase of the project, students will research the market, the competition, and consumer trends related to the Wocket. The second part of the project will be primary research (surveys and focus groups) on the product, its features, possible marketing positioning and pricing and the final phase will be live on campus testing.

Sacred-Heart-University-Welcomes-Alumnus-Back-to-Board-of-Trustees.jpg“We are delighted to be announcing this collaboration with the John F. Welch College of Business,” said Mr. Gino Pereira, CEO of NXT-ID, Inc. “It is particularly relevant as one of our initial target group of customers for the Wocket are college students and campuses where there is a unique combination of open loop and closed loop payment systems combined with a particular need for security with access control to buildings.”

“We are looking forward to working with Nxt-ID and their innovative technology,” said Kwamie Dunbar, assistant professor of Finance at the John F. Welch College of Business. “This gives our students the type of real life hands on experience that the College prides itself on.”

On January 25, 2006, Jack Welch, the former Chairman and CEO of General Electric, gave an endowment and his name to Sacred Heart University’s College of Business, which is now known as the John F. Welch College of Business.

About the John F. Welsh College of Business:

PrintThe John F. Welch College of Business at Sacred Heart emphasizes core business skills and knowledge, communications skills, and ethics. We stress hands on learning, understanding of the global marketplace, and state-of-the-art technology. The College enrolls over 950 students in undergraduate and graduate degree programs and the faculty consists of more than 40 professors, who are recognized scholars and experienced practitioners in the business world.

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 led by the Wocket™, a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Visit The WOCKET website at: TheWocket.com

NXT-ID’ 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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For more information: marketwired.com/mobile-biometric-company-nxt-id-inc-team-with-john-f-welch-college-business-sacred-heart

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.

Julie May: 2014 will bring pervasive, persuasive and invasive tech


Julie May: 2014 will bring pervasive, persuasive and invasive tech

http://www.tennessean.com/article/20140105/BUSINESS/301050026/Julie-May-2014-will-bring-pervasive-persuasive-invasive-tech?nclick_check=1


A user scans a QR code on a smartphone, allowing bitcoins to be transferred into a digital wallet, while using the world’s first bitcoin ATM in October in Vancouver, British Columbia, Canada. The ATM, named Robocoin, allows users to buy or sell the digital currency.

• Money moves beyond credit cards to pure digital.

Digital money will be pervasive in 2014. With the introduction of apps such as Google Wallet and Venmo, IOUs have become irrelevant. These new software applications link to your checking account and, provided the person you owe money has an account, allow you to zap them money on the spot. Nifty, huh?

Keep an eye out for altcoins — alternate cryptocurrency or virtual currency — to continue making headlines this year. We’ve seen a recent flood of media around Bitcoin, but there are other altcoins in the marketplace, such as Litecoin, Novacoin, Namecoin, Bytecoin, Primecoin and Ripple. These digital currencies take out the middleman — the bank — and allow the transfer of money from person to person, or business, without a fee. Altcoins also transcend all country denominations. They do for money what the Internet did for information — think decentralization of the monetary system.

It’s been heavily publicized that the U.S. is using outdated credit card technology. But not for long, because digital wallets such as COIN and The Wocket will be hitting the market in 2014. Digital wallets aggregate multiple credit cards and, in some cases, personal identification onto one card that can be used for purchases anywhere that accepts credit cards. They provide an additional level of security over current credit cards.

Persuasive, pervasive and invasive technologies will redefine your behavior in 2014. Consider staying on top of the trends so you can change with the times.

Julie May is CEO of bytes of knowledge, which she founded in 1995 and has built into one of Nashville’s leading technology companies, providing digital media development and comprehensive IT services. Visit http://www.bytesofknowledge.com.

About The Wocket™

The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone’s battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.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://www.3d-id.net/

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Julie May: Credit Cards Becoming Extinct


Julie May: Credit Cards Becoming Extinct

With new technology released every day, will credit cards become a thing of the past, just as road maps, alarm clocks and encyclopedias have?

Digital wallets such as Wocket and Coin, which will arrive in 2014, are hinting at “yes.”

Digital wallets provide users a way to pay for purchases by swiping a card that holds personal information, such as your credit and debit cards, loyalty cards and gift cards.

starbucks-ios-app.pngWhile some apps, such as Starbucks, serve as digital wallets, they are typically single-purposed. For example, the Starbucks app allows me to maintain a credit balance for purchases at Starbucks only. I go into the coffee shop, order a grande latte, show them the bar code on my phone and, voila, the amount of my purchase has been deducted from my balance. That was pretty neat 18 months ago. Now, not so much.

Fast forward to 2014, when digital wallets will be in our pockets and purses. It was only a matter of time before plastic was going to be passe and apps would clutter our phones just as email does our inboxes. I’m not sure that is going away anytime in the next year, but I do know that payment using a digital wallet has the potential to make my life a little less cluttered. While not all of the details have been released, a peek under the tree is merited.

The Wocket

Enter The Wocket, a programmable card that stores up to 100 cards of any type — gas cards, credit cards, loyalty cards, etc. It also stores cash and bar codes and displays personal identification.

The Wocket, which will be available in the first quarter of 2014, can be used anywhere credit cards are accepted. It also uses near field communications (NFC) technology, which will allow it to pay for tolls on highways by simply waving it near the payment reader.

The card isn’t reliant on Internet or phone technology, so you don’t need an app or Bluetooth to use it. Instead, it uses voice recognition and biometrics, such as a thumbprint, to gain access to your credentials. Like a traditional credit card, Wocket uses a magnetic strip that is immediately erased until the next time you enter your biometric verification. The battery lasts two to four years, at which time you can replace the batteries without having to purchase a new Wocket.

coin-smart-card-3.pngCoin is a viable competitor to the Wocket but requires the use of an app. The Coin card can store up to eight credit or loyalty cards, while the Coin app — which will be available for iOS and Android platforms — can store an unlimited number of cards. You can switch out the cards on your Coin card via the app, but note that you can only pair one Coin card with your smartphone.

One of the greatest benefits of Coin is that, despite its size, it’s difficult to lose — and even more difficult for people to steal. Utilizing Bluetooth low-energy (LE) technology, Coin will send a message to your phone whenever the connection is lost. It will then disable your Coin card until you reconnect them. If you’re known for leaving things behind, Coin may be your new best friend.

coin-buyThe battery lasts up to two years, after which you will need to purchase a new Coin. Right now you can pre-order a Coin card for just $50. If you wait until the 2014 summer release, it’ll cost you $100. When you order early, your payment will help Coin fund its development and manufacturing until release. For that element of risk, they company is cutting you a deal. You can use your soon-to-be-extinct credit card to pay for your Coin.

So folks, with the introduction of digital wallets like Wocket and Coin, it doesn’t matter how deep the pocket — you can expect its weight to shrink in 2014.

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 has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

About The Wocket™:

The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone’s battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Visit the WOCKET website: TheWocket.com

Julie May is CEO of bytes of knowledge, which she founded in 1995 and has built into one of Nashville’s leading technology companies, providing digital media development and comprehensive IT services.

Visit bytes of knowledge online at: bytesofknowledge.com

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For more information: http://www.tennessean.com/article/20131222/BUSINESS/312220044/2264/BUSINESS04?gcheck=1

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.

The Wocket Hopes To Replace Your Wallet


The Wocket Hopes To Replace Your Wallet

The age of electronic wallets is officially here. First there was the Coin, now the Wocket by NXT-ID wants to replace all your credit cards. Scheduled to launch early 2014, The Wocket works anywhere a credit card is taken and can be used with your biometric or touch screen authentication acne select which card you want to use, which will then substitute that card in your wallet.

Your security is never compromised since it uses no personal information on its magnetic strop so the risk of fraud is reduced. It can hold about 100 cards, coupons, gift cards, etc. It can even hold medical records, IDs, rewards/loyalty cards and many more. Card info is erased after every transaction, too. The card reader plugs in directly to the Wocket and it fathers replaceable CR batteries in the Wocket with unlimited battery life via the in-wallet charging of the dynamic card. More info on how to pre-order yours on their site!

For more information: gadgetreview.com/the-wocket-hopes-to-replace-your-wallet

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.

Markets Poised for Healthy 2014 as Biometrics Makes Strides in Technology Sector – Company Strengthens Board with Industry’s Top Leaders


Markets Poised for Healthy 2014 as Biometrics Makes Strides in Technology Sector 

Company Strengthens Board with Industry’s Top Leaders

Tech leaders close out 2013 with beneficial internal moves and acquisitions:

NXT-ID, Inc. (otcqb:NXTD), Symantec Corporation (NASDAQ:SYMC) , Avago Technologies Limited (NASDAQ:AVGO) , Nuance Communications, Inc. (NASDAQ:NUAN) and Apple Inc. (NASDAQ:AAPL)

CORAL SPRINGS, Florida, December 18, 2013 /PRNewswire

home_wocket-768x432NXT-ID, Inc. (otcqb:NXTD) NXT-ID Appoints Two Former MasterCard Executives to Its Newly Formed Advisory Board And Shows First Images of the Biometrically Secure Wallet, The Wocket(TM). NXT-ID, a biometrics company focused on the growing m-commerce market, announces the appointment of two key advisory board members, Mr. Lawrence Flanagan and Mr. Ken Moy. The appointments from the card payment industry align with the company’s roll-out and 2014 launch of The Wocket(TM), a next generation biometrically secure wallet. “We are honored and excited to have two luminaries of the card payment world on our advisory board,” said Gino Pereira, CEO of NXT-ID, Inc. “Their experience is invaluable to our future prospects and growth for The Wocket(TM). We look forward to growing our advisory board over the next few months with equally talented and experienced individuals.”

To read the full press release: finance.yahoo.com/nxt-id appoints two former Mastercard Execs

NXT-ID, Inc. also released the first images of The Wocket(TM) on its corporate website and product website late last week. About The Wocket(TM) – The Wocket(TM) is a next generation designed to replace all the cards in your wallet without draining your cell phone’s battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.thewocket.com/

symantec_corporation_logo.pngSymantec Corporation (NASDAQ:SYMC) has announced the recipients of the 2013 Symantec Research Labs Graduate Fellowship — Kai Ren, a Ph.D. candidate in computer science at Carnegie Mellon University, and Christian Rossow, a postdoctoral researcher at Vrije Universiteit Amsterdam in The Netherlands and Ruhr University Bochum in Germany.

avago-technologies-logo.jpgAvago Technologies Limited (NASDAQ:AVGO) and LSI Corporation (NASDAQ:LSI) recently announced that they have entered into a definitive agreement under which Avago will acquire LSI for $11.15 per share in an all-cash transaction valued at $6.6 billion.

Nuance_Communications_logo.svg.pngNuance Communications, Inc. (NASDAQ:NUAN) has announced that Jetstar has launched a new virtual assistant called “Ask Jess” which is based on Nuance Nina Web, an intelligent virtual assistant that delivers a human-like, conversational customer service experience. Customers simply type to Jess, and Jess provides the answers.

apple-logo-bw.pngApple Inc. (NASDAQ:AAPL) has recently acquired patent number 8,610, 726B2 for its new technology of a built-in project for a computer. Jack Purcher states this invention could create a new category of computers, as it erases the need for a display inside the actual device itself.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.

About The Wocket™:

The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone’s battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://thewocket.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 has 22 licensed patents in the field of 3D facial recognition. http://www.nxt-id.com/, http://www.3d-id.net/

For more information: marketwatch.com/markets-poised-for-healthy-2014-as-biometrics-makes-strides-in-technology-sector

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 Appoints Two Former MasterCard Executives to Its Newly Formed Advisory Board


NXT-ID Shows First Images of the Biometrically Secure Wallet, The Wocket(TM)

SHELTON, CT–(Marketwired – Dec 17, 2013)

NXT-ID, Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, announces the appointment of two key advisory board members, Mr. Lawrence Flanagan and Mr. Ken Moy. The appointments from the card payment industry align with the company’s roll-out and 2014 launch of The Wocket™, a next generation biometrically secure wallet.

“We are honored and excited to have two luminaries of the card payment world on our advisory board,” said Gino Pereira, CEO of NXT-ID, Inc. “Their experience is invaluable to our future prospects and growth for The Wocket™. We look forward to growing our advisory board over the next few months with equally talented and experienced individuals.”

university of new havenMr. Lawrence Flanagan is President and Founder of New Tech Haven since January 2013 and was formerly the Executive Dean at the University of New Haven College of Business. Flanagan is regarded as one of the most accomplished global marketing leaders in the country. Prior to his career in academia, he spent nearly three decades in corporate America as an executive at MasterCard Worldwide, the Procter & Gamble Company and L’Oreal USA.

mastercard-logo-473B8726A9-seeklogo.comAs the global chief marketing officer at MasterCard, he managed a $1.5 billion budget, directed marketing strategies in more than 50 countries and helped launch the company’s hugely successful “Priceless” advertising campaign. He also established strategic partnerships with Major League Baseball, the PGA Tour and Champions League soccer in Europe and was part of the executive team that spearheaded MasterCard’s highly successful initial public offering in 2006. He earned six Gold Effie awards from the American Marketing Association, the most prestigious honor among marketing professionals, and was recognized as one of the “25 Most Influential People in Sports” in 2004 by SportBusiness International. In 2008, the NY AdClub named Flanagan “Person of the Year”. In 2013, the University of New Haven awarded a Doctor of Business Administration honoris causa to Flanagan.

Flanagan, who is a former national co-chair of the CMO Collective, is active with Save the Children and previously served on the University of New Haven’s Board of Governors. He is on the advisory boards of Visitdays.com and Fraud.net.

The second appointment, Mr. Ken Moy, was formerly senior vice president and Group Head of US Emerging Payments at MasterCard Worldwide.

masterpass-titleMoy led the execution of the company’s digital conversion strategy and managed all aspects of product development and a diverse set of existing products including online and offline payments, authentication solutions, spending controls and alerts services. He launched MasterPass, the firm’s digital wallet solution and important pillar to overall strategy, achieving over 25,000 online merchants, and wallet distribution with over 20 financial institutions.

Google_Wallet_logo.svg.pngMoy has extensive experience in large-scale rollouts, partnerships, corporate development, strategic planning, business administration and product management, in the technology, commerce and financial services space. He led an exclusive agreement with Google, Citibank and First Data to launch Google Wallet, the first commercially available mobile payment solutions. He also led an exclusive agreement with Intel for access to embedded technology in Intel PCs to deliver enhanced security and user experience for electronic ecommerce.

Prior to his nearly 14 year career at MasterCard, Mr. Moy enjoyed a successful 10 year career at Citibank where he held a range of leadership roles in the firm’s payment cards and wholesale banking businesses.

He was a Smart Card Alliance Board Member from 2004-2010 and is a frequent industry speaker and commentator.

Presently, Moy is Founder and President of Harvest Advisors LLC, a provider of strategy, business development and implementation advice to start-ups and technology solution providers in the developing commerce space.

NXT-ID, Inc. released the first images of The Wocket™ on its corporate website and product website late last week.

About The Wocket™

The Wocket™ is a next generation designed to replace all the cards in your wallet without draining your cell phone’s battery; no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://thewocket.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 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/nxt-id-appoints-two-former-mastercard-executives-to-its-newly-formed-advisory-board

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.

The Wocket Has Been Unveiled To The Public


NXT-Id’s Wocket Has Been Unveiled For The First Time 

See the new WOCKET at: TheWocket.com

These industry developments increase our confidence and enthusiasm for the NXT-ID (NXTD) Wocket(TM) both as a digital wallet and a potential secure storage option for Bitcoins. The Wocket has a much more robust design in terms of security and usability. NXT-ID is an early stage technology company going after a large market. SoundView Technology Group points out that based on initial traction and a conservative intrinsic valuation (IV) model show a fair value of $11/share we see NXT-ID continuing to benefit from intensive investor attention to this space.

About the Soundview Technology Group:

New research note points to recent industry developments as important drivers to adoption of the upcoming NXT-ID, Inc. (otcqb:NXTD) Wocket(TM). Over 7 million consumers have watched a marketing video for a new digital wallet with a very limited feature set. Consumer interest in this product area is high and accelerating. The commercial development of new digital currencies like Bitcoin has continued despite extreme price volatility. Industry leaders from companies like PayPal have acknowledged the value and viability of the new currency. At the same time mainstream venture capital firms like Andreesen Horowitz have stepped up their efforts to find “major bets” to make in this new market.

To read more click here: http://www.fnmprofiles.com/profiles-nxtd.php

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 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: http://thewocket.com/

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 (NXTD) – Upcoming Release of Wocket(TM) Taps Into Ramping Demand for Digital Wallets and Currencies


NXT-ID (NXTD) – Upcoming Release of Wocket(TM) Taps Into Ramping Demand for Digital Wallets and Currencies

http://www.marketwired.com/press-release/nxt-id-nxtd-upcoming-release-wocket-taps-into-ramping-demand-digital-wallets-currencies-otcqb-nxtd-1861497.htm

 SoundView Technology Group: New research note points to recent industry developments as important drivers to adoption of the upcoming NXT-ID (OTCQB: NXTD) Wocket.

Over 7 million consumers have watched a marketing video for a new digital wallet with a very limited feature set. Consumer interest in this product area is high and accelerating.

The commercial development of new digital currencies like Bitcoin has continued despite extreme price volatility. Industry leaders from companies like PayPal have acknowledged the value and viability of the new currency. At the same time mainstream venture capital firms like Andreesen Horowitz have stepped up their efforts to find “major bets” to make in this new market.

These industry developments increase our confidence and enthusiasm for the NXT-ID (NXTD) Wocket™ both as a digital wallet and a potential secure storage option for Bitcoins. As we outline in our note, the Wocket has a much more robust design in terms of security and usability.

We see the following as key advantages for the NXT-ID Wocket:

Security: Using a secure chip the Wocket can store 100s of cards and digital records. Authentication is multi-factor and includes biometrics. Cards go into the Wocket directly without involving unsecure intermediate steps.

Usability: The Wocket includes an ultra-lower power touchscreen display in addition to the dynamic magnetic stripe as both a UI and QR-code mechanism. A combination of power management, in-wallet charging and standard battery means that consumers won’t have to fear a “dead wallet.”

Flexibility: Rather than being tied to a phone or platform the Wocket can be paired with any device either locally or in the cloud when secure protocols are available. This dynamic pairing is a key feature of the NXT-ID approach and is a powerful and highly differentiated aspect of their technology.

NXT-ID is an early stage technology company going after a large market. Based on initial traction and a conservative intrinsic valuation (IV) model show a fair value of $11/share we see the company continuing to benefit from intensive investor attention to this space.

Our full report is available for download here: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_NOTE_DEC_2013.pdf

About SoundView Technology Group:

We are an independent advisory and research firm specializing in emerging technologies as they reach commercialization. Our proprietary research and modeling work provides valuable information for company management teams and investors in these emerging opportunities. We regularly publish our findings across a variety of channels including all the major retail and institutional information outlets. SoundView is based in Boston, Massachusetts with locations in New York and Connecticut.

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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NXTD’s new Pocket WOCKET article published at banking-business-review.com


Article released in banking-business-review.com on NXT-id’s new Pocket WOCKET

http://payments.banking-business-review.com/news/nxt-id-to-launch-next-generation-electronic-wallet-the-wocket-031213-4140483

NXT-ID to launch next generation electronic wallet ‘The Wocket’

NXT-ID, (OTCQB: NXTD) a biometrics company focused on the growing mobile commerce market, is planning to roll out its next generation wallet, The Wocket, during the first quarter of 2014.

The Wocket, which will be used wherever credit cards are accepted, has been designed to replace all the cards with a single, secure smart card.

The new electronic wallet, which can only be used with a biometric or touch screen authentication, supports most payment methods currently available at a point-of-sale (POS) at retailers, globally.

NXT-ID said that its Wocket will replace all the cards in a customer’s wallet with one single re-programmable card within a secure biometric vault.

Users can access it with security on the touch screen or through voice authentication biometrics and can choose the card according to their wish to use.

In order to abolish the fraud risk, the wallet does not retain any personal information on the magnetic stripe.

The Wocket features include easy and direct plugging of card reader, removing of card information after every transaction, works without phone and is capable to hold approximately 100 cards, records, coupons, etc.

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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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/

Sign up for our free stock tips newsletter at: StockPumper.com & ViperStocks.com

Learn the Secret to making Winning Trades: Winning Trades