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Showing posts with label Cards. Show all posts
Showing posts with label Cards. Show all posts

Advantages for Digital Wallets Eliminate Need to Carry Credit Cards - Large Scale CNBC Ad Campaign for Latest Smart Wallet to Commence July 7th

CORAL SPRINGS, Florida, July 1, 2014 /PRNewswire/ --

Smart technology emphasis grows in biometrics sector as smart wallets pave way for convenience and improved security: NXT-ID, Inc. (OTCBB: NXTD), eBay Inc. (NASDAQ: EBAY), Google Inc. (NASDAQ: GOOG), Apple Inc. (NASDAQ: AAPL), Visa Inc. (NYSE: V) and MasterCard Corporation (NYSE: MA)

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, is pleased to announce that the second series of 30 second spots on CNBC for its next generation smart wallet, Wocket™, will begin the week of July 7th. The new ad, "Introducing Wocket™, the Smart Wallet", will air on Squawk Box, Squawk on the Street and Street Signs. The ad focuses on the visual of a big fat bulky wallet ending up in the wrong hands with your most personal information all gone; your credit cards, your membership cards, gift cards, all gone. Replacing them is a nightmare. It then poses the question, "what if there was a better way?"

To read the full NXTD press release, please click here:http://www.fnmprofiles.com/profiles-nxtd.html

Wocket™ is a smart wallet, the next evolution following the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Smart Technology Commentary: "Cash, credit or smartphone?" isn't something you're likely to hear at a retailer or restaurant.  Mobile ordering can be a major perk of buying things with your smartphone, depending on which app you use.  For instance, PayPal's (NASDAQ: EBAY) app supports phone-based ordering at some restaurants.  The other big selling point for in-store mobile payments is that some merchants offer special deals and coupons to those who use them. For instance, Google (NASDAQ: GOOG) Wallet has deals with several different retailers to automatically log your purchases to their loyalty programs.

There's no mobile wallet service that works at every store, and those that depend on near-field communication (where you wave your phone over the payment terminal to make a purchase) either don't work on Apple's (NASDAQ: AAPL)  iPhone, or require you to buy a special, rather pricey case.  Read this full article on FoxBusiness at http://www.foxbusiness.com/personal-finance/2014/06/27/is-mobile-wallet-right-for/

In other technology developments: SmartMetric, Inc. started patent infringement proceedings against the payments card giants, Visa Inc (NYSE: V) and MasterCard (NYSE: MA) International some three and a half years ago in the Southern District Court of California. The lawsuit brought by SmartMetric, Inc. is over the use of its patented technology by the payments card monoliths in respect of the new EMV chip cards that are being issued in the United States.  Read the full release at http://finance.yahoo.com/news/smartmetric-patent-infringement-case-brought-124500558.html

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. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup. 

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: editor@financialnewsmedia.com
U.S. Phone: +1-(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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Digital Wallets Designed for Eliminating the Need for Credit Cards - NXTD's Wocket™ Looks to Change the Way Consumers Make Credit Card Payments Worldwide

CORAL SPRINGS, Florida, May 20, 2014 /PRNewswire/ --

Smart Technology continues to evolve in the biometrics sector as advanced technologies become available for today's consumer looking for secured methods of future credit card payments: NXT-ID Inc. (OTCBB: NXTD), Apple Inc. (NASDAQ: AAPL), Yahoo! Inc. (NASDAQ: YHOO), Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT)

In an exclusive Q&A, Mr. Verdi discusses recent ventures including new movie deals and his investments in game-changing technologies, including Apple and biometric mobile security company NXT-ID Inc., (OTCQB: NXTD) (OTCBB: NXTD), which is currently preparing to launch its smart wallet, the Wocket™, (http://www.wocketwallet.com) with advance orders starting May 28th.

Interview Highlights with Mr. Verdi:

Question:
This past year has already seen you reach some key milestones; making movies with the best in Hollywood, like Martin Scorsese and your investment in NXTD is up over 300 percent in less than a year. What are you most excited about for the balance of this year?

A: Chad A. Verdi
Well, that's a tough one. I guess I am the most excited about NXTD right now, only because they are about to launch the Wocket™ this month. Wocket™ is a smart wallet with a re-programmable single credit card device that operates under a secured system using biometrics.

I feel it will change the way people make credit card payments worldwide. Everyone is trying to get in on this game with mobile payments, mobile wallets, mobile apps like LOOP and COIN. Everyone is trying to figure out the best way to do it. I think Wocket™ has the right approach; separate from your phone. Most people are concerned about what happens if they lose their phone or it gets stolen - what happens with all that payment info on your phone? With Wocket™, it's not a worry because after each transaction it basically goes back to a blank card. Your identity and payment info are safe!

It's great to think I originally invested in this a few years ago and now it may become the leader in the payment sector that I thought it would!  

To read the full Chad A. Verdi  interview, please click here:http://www.fnmprofiles.com/profiles-nxtd.html

Question:
In terms of your investments, you invest in both large companies like Apple (NASDAQ: AAPL) and Yahoo (NASDAQ: YHOO) and other big tech and entertainment companies but you also take risks and invest in smaller companies with emerging technology like NXTD.  Where do you see the biggest potential pay-off?

A: Chad A. Verdi
I obviously wish I would have had the opportunity to get into Apple from the beginning. I would have bet big on it, just like I have with NXTD. Companies that take a different path from what the competition is doing represent the biggest opportunity, if it works. Steve Jobs set the course for Apple, I still love the company but it's hard to know if the vision will stay intact.  NXTD is still young and they are taking a revolutionary approach to payments and identity issues, very different from their competitors and I like that. 

About Chad A. Verdi:  

Mr. Verdi is an established movie producer and businessman with an interest in technology investments. He will be the executive producer of three films with Oscar-winning director, Martin Scorcese. The casts of these films will include names such as Liam Neeson, Andrew Garfield, Miles Teller, Aaron Eckhart and Adam Driver.

Smart Technology News and Notes:  

In other smart technology news around the markets, Google Inc. (NASDAQ: GOOG) and Microsoft Corporation (NASDAQ: MSFT) have also been in the news for their recent developments. Google recently made their famed Google Glass available for the general public for a short amount of time and continue to make developments improving the technology, with the latest move allowing Glass wearers to spend money Bitcoin. Microsoft, on the other hand, is rumored to be developing a smart watch experts say could give both Samsung and Apple a run for their money.

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.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:http://twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  FFor current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-Id, Inc. by a non-affiliated third party.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  editor@financialnewsmedia.com
U.S. Phone: 1(954)345-0611
URL: http://www.financialnewsmedia.com

Source:  FN Media Group

SOURCE FN Media Group, LLC

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Fingerprint Cards Acquires Anacatum Design

GOTHENBURG, Sweden, May 19, 2014 /PRNewswire/ --

Fingerprint Cards (FPC) has acquired all outstanding shares of Anacatum Design AB (Anacatum), a Linkoping-based Swedish technology licensing and ASIC developing company. FPC has previously announced that it has licensed Anacatum's industry-leading Analog to Digital Converter (ADC) technology and used the ASIC development services provided by Anacatum in the development of FPC's touch and swipe fingerprint sensors.

Anacatum is as of today an owned subsidiary of FPC. The acquisition price for Anacatum will not be disclosed.

Johan Carlstr?m, President and CEO at FPC, comments: "This acquisition provides FPC with world-leading technology that will further strengthen our intellectual property portfolio. FPC also gains access to leading analog IP and ASIC development competencies and, by integrating Anacatum's development team into FPC, we will further accelerate our development of the industry's most ambitious portfolio of touch and swipe fingerprint sensors for the mobile devices industry. We are very much looking forward to welcoming the Anacatum team into FPC."

Lars-Erik Nordell, Chairman of the Board of Anacatum, comments: "We are very pleased to see this step for Anacatum. Through its leading technology and highly skilled engineering team, Anacatum will make a great contribution to FPC. As the leading fingerprint biometric sensor company, FPC will be the perfect home for Anacatum's technology and employees."

Rolf Sundblad, CTO and Managing Director of Anacatum Design AB, comments: "This acquisition marks the continuation of the strong collaboration FPC has had with Anacatum since Anacatum was founded and the start of a new phase when Anacatum becomes fully integrated with FPC. We will bring our patented ADC technology into FPC as well as a team of highly skilled engineers and we are very much looking forward to creating even more competitive technology while being a part of FPC."

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual's unique fingerprint verify the person's identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC's technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company's technology can also be used in IT and Internet security, access control, etc.

Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on May 19, 2014 at 08.00 am CET.

Important information 

Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company's securities in any jurisdiction.

For more information contact: Johan Carlstr?m, CEO Fingerprint Cards AB (publ), +46-(0)31-60-78-20, investrel@fingerprints.com

SOURCE Fingerprint Cards AB

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