Category: Investment, Mobile Security, Technology
NXT-ID (OTCQB: NXTD) Media: "The Housing Hour -The World of Wallets is about to change!"
SHELTON, CT - February 10, 2014 (Investorideas.com Newswire) NXT-ID, Inc. (OTCQB: NXTD), a biometrics company focused on the growing m-commerce market, was recently featured on The Housing Hour, http://www.thehousinghour.com/category/shows/. Mr. David Tunnell, Co-founder and Chief Architect of The Wocket™, discusses in detail how the The Wocket™ is the next generation smart wallet for consumers.
The World of Wallets is about to change!
The Housing Hour
Special Guest: David Tunnell, co-founder and chief architect
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.
Rather than depend on a potentially unreliable cell phone, NXT-ID introduces a truly next generation digital wallet: The Wocket™. This unique technology takes a very different approach: Instead of replacing the wallet, we are improving it! Our innovative Wocket™ reduces the number of cards in your wallet while supporting virtually every payment method currently available at Point-of-Sale (POS) at retailers around the world including magnetic stripe, EMV/NFC and barcode…all within a secure vault within your wallet.
Now you can use the wallet you know and love, but with The Wocket™ advanced secure electronic wallet technology from NXT-ID.
Recent Media Coverage:
"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/
David Tunnell Bio:
David Tunnell is an expert in biometrics, secure communications, and wearable technologies. With over 29 years of experience in building technologies and companies, Mr. Tunnell's experience spans computer security (COMSEC), signal intelligence (SIGINT), communications intelligence (COMINT), and image intelligence (IMINT). An advocate of privacy and co-founder of NXT-ID, Inc., an early stage technology company, Mr. Tunnell is leading NXT's efforts to redefine how private information is protected within mobile applications. As the chief architect of the Wocket™ smart wallet, Mr. Tunnell is focused on developing technologies with high potential to disrupt industries such as the mobile payment industry with innovative methods that protect privacy.
Mr. Tunnell's accomplishments include the Technology of the Year award from Frost & Sullivan for biometrics in 2006 and inventor of a Top Ten Invention for the US Army in 2004. Blessed to work with some of the most inventive engineers and scientists, Mr. Tunnell has pioneered a number of technologies including remote distributed sensing and processing, 3D facial recognition and imaging, 3D fingerprint, voice recognition, dynamic biometric-enabled authentication and encryption key generation, and miniature, low-power wearable technologies.
Mr. Tunnell brings a wealth of product development and product marketing experience to NXT-ID, Inc. He was the divisional director of 3D identification products at Technest Holdings Inc. from 2003 to 2012. Prior to Technest, he served as an adjunct faculty teaching various advanced technology courses at the National Cryptologic School while working with various intelligence agencies and later at L3 Communications where he served as Director of Engineering for a subsidiary. He has also served as the Principle Investigator for numerous research programs with the United States Department of Defense (DoD). Mr. Tunnell holds a Masters in Technical Management (MSTM) from Johns Hopkins University and a BSEE from the University of Tennessee.
Corporate info: firstname.lastname@example.org , http://www.nxt-id.com/
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