NXT-ID (OTCQB: NXTD) Media Alert: Media Coverage Ramps up as NXT-ID, Inc, Announces Venue for Upcoming Wocket™ Release
Electronic Products Magazine and Lafferty.com Latest Media Sources to Report on The Wocket™
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SHELTON, CT - April 10, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing m-commerce market was sourced in two new media articles yesterday.
Electronics Products Magazine ( http://www.electronicproducts.com/ ), which reports on important developments in products and product technology featured The Wocket™ in an article written by Custom Media Editor Nicole DiGiose, titled 'Replace Credit Cards with an Electronic Wallet'. http://www.electronicproducts.com/Computer_Peripherals/Storage/Replace_credit_cards_with_an_electronic_wallet.aspx
Lafferty Group ( http://www.lafferty.com/ ), a major provider of advanced knowledge services for the financial industry worldwide, with particular specialisations in the fields of retail banking, cards & payments and central banking, also featured The Wocket™ in their article titled 'New Standalone Device Seeks to Remove the Digital Wallet From the Smartphone'. http://www.lafferty.com/Cards-Insights/News/New_standalone_device_seeks_to_remove_the_digital_wallet_from_the_smartphone_6453
The new media coverage came just a day before the company announced the location and time of its first corporate launch event and press conference for its next generation smart wallet, Wocket™. The event will take place in New York City on May 28th at the world-renowned Plaza Hotel.
The Company has been the subject of not only many online and print media sources, but was company CEO, Mr. Gino Pereira, was also interviewed last week on "As We See It with Phil Hulett and Friends" KFWB News Talk 980 Radio, where he discussed Wocket™.
Replace Credit Cards with an Electronic Wallet
Electronics Products Magazine
The next generation of payment works anywhere your cards are accepted
Most of us carry around wallets stuffed with multiple credit cards and IDs, making them hard to find and easy to lose. With the high-tech smart wallet called the Wocket from NXT-ID, you can securely store electronic versions of your various plastic cards so you don't risk misplacing them or having them stolen.
Read the full article at: http://www.electronicproducts.com/Computer_Peripherals/Storage/Replace_credit_cards_with_an_electronic_wallet.aspx
New Standalone Device Seeks to Remove the Digital Wallet From the Smartphone
Lafferty Card & Payment Insights
A new digital wallet technology called 'Wocket' has been announced in the United States that offers consumers a digital wallet without a smartphone.
Use of the wallet, which operates without any smartphone involvement, uses dynamic pairing: a patent-pending method where two devices dynamically generate pseudorandom pairing codes recognized by other devices. Users swipe their cards directly into the wallet during the initial set-up process. Barcodes and text may be scanned or entered into the wallet as well.
Read the full article at: http://www.lafferty.com/Cards-Insights/News/New_standalone_device_seeks_to_remove_the_digital_wallet_from_the_smartphone_6453
Other Recent Media Coverage:
The 'Wocket' Generates Electronic Versions of Debit and Credit Cards
Trend Hunter - The Wocket is a high-tech smart wallet designed to securely store electronic versions of your various plastic cards so you don't have to carry physical cards everywhere and risk losing them or having them stolen.
Full Article: http://www.trendhunter.com/trends/wocket
Nxt-ID to Release Biometric Smart Wallet
Chain Store Age - Nxt-ID Inc. intends to launch a smart wallet called Wocket. A biometrically secure smart wallet with a smart card that is immediately zeroized after each transaction, Wocket is designed to be useless to a thief.
Full article: www.chainstoreage.com/article/nxt-id-release-biometric-smart-wallet
Wocket Wants to Replace Your Wallet
Gizmag - No one wants their credit or debit cards, or even their NFC-enabled smartphone falling into the wrong hands. While there are already various security measures in development, NXT-ID's Wocket is one of the latest. Described as a "smart wallet," it's designed to securely store electronic versions of your various cards, plus it features a swipe-able physical card that can be programmed for single uses.
Full Article: http://www.gizmag.com/wocket-smart-wallet/31477/
Will Wocket™ Wow Digital Payments?
PYMTS.COM - W ill hype alone be able to carry the mobile-payments market? A Shelton, Conn.-based company apparently believes so. It also believes the phone is unnecessary to bring "mobile" eWallet payments to the masses.
Full Article: http://www.pymnts.com/in-depth/2014/will-wocket-wow-digital-payments/#.Uzw3dvldXC9
"Piquing our Geek: The Wocket Wallet could be the future of smart wallets"
CoolMomTech.com - I'm completely on the The best wearable tech bandwagon, but I'm definitely still skeptical about the whole smart wallet concept. That doesn't mean I've written it off completely, which why I'm very intrigued reading about the new Wocket Wallet.
Full Article: http://coolmomtech.com/2014/02/wocket-smart-wallet/ .
"The World of Wallets is About to Change"
The Housing Hour - The world of wallets is about to change. New exciting technologies are making payments easier than ever. However, many credit card holders either do not possess a smartphone or will be reluctant to use their smartphone for mobile payments due to a variety of reasons.
Full Article: http://www.thehousinghour.com/2014/02/
"Retailers Try to Keep Pace With Cybercriminals"
WSJ-Risk & Compliance Journal-Other companies are touting products they say are superior to--and less costly than–pin-and-chip technology. Biometrics company NXT-ID this month announced a checkout technology it said secures payment information before, during and after a transaction, and renders useless any credit card information a criminal may steal in a breach. Software development company Monkeetech last year announced a card fraud prevention system that requires the consumer to undergo an iris scan to prove their identity.
"Coin vs.The Wocket A Battle for Your Bulging Wallet"
Americanlivewire.com - You may have heard something lately about something called Coin, thanks to an aggressive social media and deep intro discount pricing campaign currently underway. Perhaps you have heard of The Wocket, which claims to be a "biometrically secure device"? Both products are pure genius and aim to replace your bulging wallet with their single slick all-in-one card. Since they are so similar, here's a closer look and comparison of Coin vs.The Wocket, A Battle For Your Bulging Wallet.
Full article: http://americanlivewire.com/coin-vs-the-wocket/
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.thewocket.com/
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/
Corporate info: firstname.lastname@example.org , http://www.nxt-id.com/
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