Biometrics: Digital

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Biometrics Sector Offering Growth Opportunities as Consumers Increasingly Prefer Digital Payment Methods, Opting for Smart Wallets such as Wocket™ and Google Wallet

CORAL SPRINGS, Florida, July 16, 2014 /PRNewswire/ --

Biometrics Companies expand newest smart technology operations as consumers stray from traditional banking methods and convert to digital commerce: NXT-ID, Inc. (OTCBB: NXTD), Verizon Communications Inc. (NYSE: VZ), Google Inc. (NASDAQ: GOOG), eBay Inc. (NASDAQ: EBAY), Apple Inc. (NASDAQ: AAPL) and Blackberry Limited (NASDAQ: BBRY)

NXT-ID, Inc., (OTCQB: NXTD) a biometric authentication company focused on the growing m-commerce market, announces the next generation smart wallet, Wocket™ will be "Made in the U.S.A." The first Wockets™ are expected to ship to consumers in September, with advance ordering currently available at http://www.wocketwallet.com. Gino Pereira, CEO of NXT-ID, said, "July is an appropriate time to announce that Wocket will be made in the USA. With most tech companies manufacturing overseas for reasons of economy, we are proud to announce that we will be partnering with MC Assembly to manufacture our biometric smart wallet in Melbourne, FL. We believe some of the highest quality products in the world are made in the USA. We hope to create a win-win situation where we can offer consumers superior product and help to create jobs in the local economy." MC Assembly is a major manufacturing services company with operations in Winchester, Massachusetts, Palm Bay Florida and Zacatecas, Mexico. The company is focused mainly on aerospace, defense, medical, industrial, and niche telecommunications markets.

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

"MC Assembly is delighted to be selected as NXT-ID's manufacturing partner", said Jake Kulp, Vice President of New Business Development at MC Assembly. "This exciting new product will utilize all of the MC Assembly's leading edge technology manufacturing capital equipment as well as our global supply-chain management and planning tool sets", Mr. Kulp added. "MC Assembly remains committed to the growth of Florida base jobs and serving the high-technology central Florida manufacturing needs like those required by NXT-ID."

Mobile Payment / mCommerce News: Recently, Verizon (NYSE: VZ) added tablets to its monthly device payment plan, also known as Edge. With tablets on Edge, you are looking at the same deal as you would get with phones - no upgrade fees, full device value split into 20 equal monthly payments, and the option to upgrade once you have owned the device for 30 days and have have paid off 60% of it. As you can see from the screenshot, devices like the new Sony Xperia Z2 Tablet are already included. Verizon also sells the Galaxy Tab 4, G Pad 8.3, Nexus 7 (2013), Galaxy Note Pro 12.2, and all of the iPads.

Fighting the trend that has seen millennial consumers-those aged 18 to 34-increasingly pulled away from traditional banking channels in favor of all digital methods of storing, moving and using money like Google Wallet (NASDAQ: GOOG) or PayPal (NASDAQ: EBAY); one Chicago area bank is officially rolling out a digital banking product just for the millennial consumer. Liberty Bank's new Smart Debit Plus account will gives users access to transfers, electronic statements and text message alerts as well as online bill pay and other money management tools. What it won't come with is checks, as paper checks will not be issues with these accounts, nor will there by a minimum monthly balance or account maintenance fess. "Since they want to do everything online, we created the account around a first-of-its kind debit card that accesses an array of largely free electronic services," says Kevin Tynan, a marketing executive at the bank, reports Payments Source. http://www.pymnts.com/news/2014/paperless-debit-used-to-lure-millennials/#.U8VRpMJOWHs

Smartphone Technology News: It seems that the Indian smartphone industry will continue to outperform globally. With the introduction of several low-cost smartphones and discounted data tariffs, smartphone shipments in the country surged 244% during fiscal year 2014, according to India-based Manufacturer's Association of Information Technology. The industry body, going forward, estimates the Indian smartphone industry will double in size during fiscal year 2015; gradually increasing 3G penetration rate and the introduction of next-gen 4G network will compel consumers to upgrade their smartphones. Let's see what Apple (NASDAQ: AAPL), Blackberry (NASDAQ: BBRY) , and Nokia (NYSE: NOK) are doing to capture this explosive expected growth. Read the full article at http://www.fool.com/investing/general/2014/07/15/apple-blackberry-and-nokia-are-fighting-for-shar-2.aspx

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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.

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SOURCE FN Media Group LLC

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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

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

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.

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.

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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Hoyos Labs, a Digital Infrastructure Security Company, Launches; Rethinks How We Authenticate and Secure Identity

NEW YORK, Dec. 3, 2013 /PRNewswire/ -- Usernames and passwords are commonly used to secure personal and corporate accounts on public domains from unwarranted access. Yet, identity theft and corporate hacks are prevalent, because the current security methods being used can be easily spoofed. Today, biometrics veteran Hector Hoyos announced his new venture, Hoyos Labs, which aims to address and solve the issues of secure identity authentication. Hoyos Labs is a digital infrastructure security company with a research and development division operating from the Cambridge Innovation Center on the campus of the Massachusetts Institute of Technology.

The Company envisions a completely secured world, one in which online and offline identities can no longer be hacked or stolen. As such, Hoyos Labs developed an end-to-end solution for identity authentication, using biometrics as a part of the authentication process. Hoyos Labs has already received $10 million in funding.

Hoyos Labs' identity assertion products use a multi-biometric recognition system that includes the face, periocular region and iris to confirm one's identity. The technology leverages smartphones as biometrics acquisition devices (on the front-end), interacts with middleware and accesses the back-end before identity authentication. This system tackles the unmet needs in identity security, such as incorporating "liveness," which detects a real person from an image or video in a quick and easy-to-use manner.

While Hoyos is offering its own front-end biometric matching technology, a key differentiator for the Company is its ability to be "biometric agnostic," meaning that the Company's back-end technology can pair easily with any other biometric technology that's already on the market and make efficient use of the identity data generated by others and approved and matched by the Hoyos system.

The Company's systems can be used to authenticate and grant access to unlimited websites, systems, doors and vehicles, as well as anything that needs to be opened, closed, turned-on and turned-off – everything from your Facebook log-in to your online bank account and automobile. The only requirement is users' smartphones and the Hoyos technology.

"When participating in any form of online activity, from accessing social media channels to conducting financial transactions, people are extremely vulnerable to hacking and identity theft due to the flimsy nature of usernames, log-ins and passwords," said Hector Hoyos, CEO of Hoyos Labs. "At Hoyos Labs, we are fusing our digital infrastructure security solutions and our biometric identification technologies into consumer- and corporate-ready solutions that can be deployed on devices like mobile phones. This solution will provide benefits for consumers, as well as companies, and will lower and ultimately eradicate fraud and identity theft."

Hoyos Labs is currently led by Hector Hoyos, whose security and defense products have helped to protect lives and properties for decades. In addition to holding multiple patents, he also invented the HBOX and EyeSwipe biometrics identity authentication technologies and founded Global Rainmakers, Inc. (later renamed EyeLock Corp.).

With a global team of computer vision, big data and biometrics experts who have more than 100 years of combined experience, Hoyos Labs is equipped and devoted to productizing biometric-based identity authentication systems on its unique identity assertion platform, which will make usernames and passwords obsolete.

For more information on Hoyos Labs, leadership expertise and products, visit: www.hoyoslabs.com.

About Hoyos Labs
Hoyos Labs is a digital infrastructure security company with security, computer vision and biometrics and big data experts. The goal of Hoyos Labs is to develop and deploy enterprise and consumer identity assertion technology platforms that will conveniently and securely address the identity assertion challenges of today. Hoyos Labs currently has offices in New York, Boston, Bucharest (Romania) and Beijing (China).

Media Contacts:
Samantha Wolf / Caitlin Kasunich
KCSA Strategic Communications
swolf@kcsa.com / ckasunich@kcsa.com
212-896-1220 / 212-896-1241

SOURCE Hoyos Labs

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Biometrics Sector Offering Growth Opportunities as Consumers Increasingly Prefer Digital Payment Methods, Opting for Smart Wallets such as Wocket™ and Google Wallet

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

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

Hoyos Labs, a Digital Infrastructure Security Company, Launches; Rethinks How We Authenticate and Secure Identity