NXT-ID's Next Generation Wocket Smart Wallet to be Featured on NewsWatch, Airing on History Channel, FYI Network and ION Network

SHELTON, Conn., July 22, 2014 /PRNewswire/ -- NXT-ID, Inc., (NXTD: OTCQB) a biometric authentication company focused on the growing m-commerce market, announces its next generation smart wallet, Wocket™, will be featured on NewsWatch, a weekly 30-minute consumer oriented television show that airs on the History Channel, FYI Network, and ION Network.

NewsWatch regularly features top technology products and services. The segment will air on July 31st on the History Channel (6:00-6:30am ET/PT) and the FYI Network (7:00-7:30am ET). The ION Network segment will air on August 11th from 5:30am-6:00am ET/PT.

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.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.

Wocket™ is now available for advance ordering at www.wocketwallet.com at a price of $149.99.

The full Wocket product FAQ is available to consumers and media at http://nxt-id.com/wocket-faq.

About NewsWatch

NewsWatch is a weekly 30-minute consumer oriented television show that airs on the History Channel, FYI Network, and ION Network. NewsWatch regularly features top technology products and services, mobile applications for iOS, Android, and Windows devices, unique and beautiful travel destinations around the world, health and medical tips, and entertainment interviews on the show. NewsWatch airs on the History Channel at 6:00 – 6:30 AM ET/PT and on the FYI Network from 7:00 – 7:30 AM ET.

NewsWatch is located in the greater Washington, DC area and has been on air for over 25 years.  For more information or to watch the most recent episode, visit http://newswatchtv.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 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. http://www.wocketwallet.com

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

Forward-Looking Statements for NXT-ID

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact

Corporate info: info@nxt-id.com
Investor Inquiries: Kirin Smith
ProActive Capital Group
Direct: +1-646-863-6519
ksmith@proactivecapital.com
Media: 800-665-0411

SOURCE NXT-ID, Inc.

RELATED LINKS
http://www.wocketwallet.com
http://www.nxt-id.com

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BioCatch Featured in Gartner's 2014 Online Fraud Detection Market Guide

BOSTON, July 23, 2014 /PRNewswire/ --

BioCatch, the global leader in cognitive biometric authentication and threat detection, announced today it has been named in Gartner's Market Guide for Online Fraud Detection[i]. The Market Guide replaces Gartner's well-known Magic Quadrant for Web Fraud Detection.

In the report, Gartner categorized BioCatch as one of several vendors to deliver passive biometric analysis and predicted, "By 2017, passive biometric analysis will become a standard feature of at least 30% of one-stop fraud detection solutions - up from less than 1% today." Passive, or transparent, biometrics is done behind the scenes and does not require the active participation of the user - making it completely frictionless.

BioCatch transparently authenticates visitors to banking and eCommerce sites by proactively collecting and analyzing over 400 bio-behavioral, cognitive and physiological parameters, including responses to subtle hidden challenges, thereby significantly reducing friction associated with risky transactions and identifying users exhibiting behaviors consistent with fraudsters.

"We are very pleased to be included in Gartner's respected Market Guide for Online Fraud Detection (OFD)," said BioCatch CEO and Founder Benny Rosenbaum. "BioCatch works hard to provide our banking and eCommerce customers with the very best biometric authentication and fraud prevention solution, and we believe inclusion in this report, as well as the recognition we received in 2013 as a Gartner Cool Vendor[ii], is a good indicator that we are providing the industry with an innovative and much-needed technology. "

The Market Guide defined passive biometric analysis as, "done 'behind the scenes' and is transparent or unknown to the user (unless an organization chooses to tell the user it is occurring). There is no user enrollment necessary. Over time, the system is trained on a user's biometric 'signature' so that it can compare the signature to a fraudster's on a blacklist, or to ongoing user behavior to determine whether the legitimate user is being impersonated. The use of passive voice recognition and passive gesture dynamics - that is, behavioral techniques in which user movements on a device are tracked and measured - have already proved to be very useful in the OFD market."

About BioCatch  

BioCatch is a leading provider of cognitive biometric authentication and threat detection solutions for mobile and Web applications. Available as a cloud-based solution, BioCatch proactively collects and analyzes more than 400 cognitive parameters to generate a unique user profile. Banks and eCommerce websites and mobile apps use BioCatch to significantly reduce friction associated with risky transactions and protect users against cyber threats, such as Account Takeovers, Man-in-the-Browser (MitB) Malware and Remote Access (RAT) attacks. Additionally, BioCatch provides an enterprise tool that improves the employee authentication experience while protecting access to critical IT assets. The Company was founded in 2011 by experts in neural science research, machine learning and cyber security and is currently deployed in leading banks, eCommerce sites and enterprises across North America, Latin America and Europe. For more information, please visit http://www.biocatch.com.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

i. Gartner, Market Guide for Online Fraud Detection, Avivah Litan, June 2, 2014

ii. Gartner, Cool Vendors in Security: Identity and Access Management, Ray Wagner/Avivah Litan/Earl Perkins, April 29, 2013

Media Contact:
Rachel Glaser
GK PR for BioCatch
Rachel@gkipr.com
+972-54-250-9439

SOURCE BioCatch

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