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Monday, November 30, 2015

Technology Research Alert: AEGIS CAPITAL INITIATES COVERAGE ON NXT-ID (NASDAQ:NXTD); Buy Rating with $3.00 Target


Technology Research Alert: AEGIS CAPITAL Initiates Coverage on NXT-ID (NASDAQ:NXTD); Buy Rating with $3.00 Target

Point Roberts WA, NEW YORK, NY – November 16 , 2015 - Investorideas.com, a digital news source covering leading sectors including tech reports technology analyst at Aegis Capital , Ashok Kumar (CFA) , has initiated coverage on Nxt-ID, Inc. (NASDAQ: NXTD) with a buy rating and target price of $3.00. Nxt-ID, Inc. is a biometrics and authentication company focused on the growing m-commerce market with an innovative MobileBio™ suite of biometric solutions that secure mobile platforms.  


Nxt-ID, Inc.
Rating: Buy
A value-add player in the mobile payment market

Investment Highlights:
Nxt-ID, Inc. (Nxt-ID) is a biometrics and authentication company focused on the
growing m-commerce market with an innovative MobileBio™ suite of biometric
solutions that secure mobile platforms. The Company also serves the access control
and law enforcement facial recognition markets.

Mobile Payments: IDC predicts that mobile payments globally will account for
US$1 trillion in 2017, up from the 2015 figure of just below US$500 billion. The
majority of mobile payments today are related to mobile commerce transactions,
with remote payments being the most widely used. Whereas mobile payments in
North America and Europe are driven largely by systems that are linked to debit and
credit cards, the limited state of card adoption in Asia/Pacific forces potential mobile
payment behavior to shift to usage of bank account–linked mobile wallets.

Positioned in growth markets: Nxt-ID is focused on products, solutions, and
services that have a need for biometric secure access control. Nxt-ID has three distinct
lines of business that they are currently pursuing: mobile commerce; law enforcement
and biometric access control applications.

See the full report here:

Additional research coverage is published on Investorideas.com

InvestorIdeas.com is a global investor news source that follows the money in leading sectors including tech.  www.investorideas.com
Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: Investoridease.com has been retained by NXT-ID for PR, media and marketing. More info:  http://www.investorideas.com/About/Disclaimer.asp  and http://www.investorideas.com/About/News/Clientspecifics.asp   
Contact Investorideas.com
800 665 0411


Tuesday, November 24, 2015

JOIN Investorideas.com for Cyber Monday

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About Investorideas.com - Big Ideas for Global Investors

InvestorIdeas.com - digital media global news source, PR and social media in leading sectors.
Sectors we cover include mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, the Middle East, sports and entertainment.
Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: http://www.investorideas.com/About/Disclaimer.asp 
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Contact Investorideas.com

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Monday, November 16, 2015

Research Alert: AEGIS CAPITAL INITIATES COVERAGE ON NXT-ID (NASDAQ:NXTD); Buy Rating with $3.00 Target


Research Alert: AEGIS CAPITAL Initiates Coverage on NXT-ID (NASDAQ:NXTD); Buy Rating with $3.00 Target

Point Roberts WA, NEW YORK, NY – November 16 , 2015 - Investorideas.com, a digital news source covering leading sectors including tech reports technology analyst at Aegis Capital , Ashok Kumar (CFA) , has initiated coverage on Nxt-ID, Inc. (NASDAQ: NXTD) with a buy rating and target price of $3.00. Nxt-ID, Inc. is a biometrics and authentication company focused on the growing m-commerce market with an innovative MobileBio™ suite of biometric solutions that secure mobile platforms.  


Nxt-ID, Inc.
Rating: Buy
A value-add player in the mobile payment market

Investment Highlights:
Nxt-ID, Inc. (Nxt-ID) is a biometrics and authentication company focused on the
growing m-commerce market with an innovative MobileBio™ suite of biometric
solutions that secure mobile platforms. The Company also serves the access control
and law enforcement facial recognition markets.

Mobile Payments: IDC predicts that mobile payments globally will account for
US$1 trillion in 2017, up from the 2015 figure of just below US$500 billion. The
majority of mobile payments today are related to mobile commerce transactions,
with remote payments being the most widely used. Whereas mobile payments in
North America and Europe are driven largely by systems that are linked to debit and
credit cards, the limited state of card adoption in Asia/Pacific forces potential mobile
payment behavior to shift to usage of bank account–linked mobile wallets.

Positioned in growth markets: Nxt-ID is focused on products, solutions, and
services that have a need for biometric secure access control. Nxt-ID has three distinct
lines of business that they are currently pursuing: mobile commerce; law enforcement
and biometric access control applications.

See the full report here:

Additional research coverage is published on Investorideas.com

InvestorIdeas.com is a global investor news source that follows the money in leading sectors including tech.  www.investorideas.com
Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: Investoridease.com has been retained by NXT-ID for PR, media and marketing. More info:  http://www.investorideas.com/About/Disclaimer.asp  and http://www.investorideas.com/About/News/Clientspecifics.asp   
Contact Investorideas.com
800 665 0411


Tuesday, November 10, 2015

Cachet Financial Solutions (OTCBB:CAFN) at Product Announcement Track Introduces Select Mobile(TM) Money to Money 20/20 2015 Audience

Cachet Financial Solutions (OTCBB:CAFN) at Product Announcement Track Introduces Select Mobile(TM) Money to Money 20/20 2015 Audience

Point Roberts WA, NEW YORK, NY – November 10, 2015 - Investorideas.com, a global news source covering leading sectors including tech, reports on attending the Money20/20 2015 Conference held at the Venetian in Las Vegas. In addition to the panel session of leading experts and impressive keynotes, Money 20/20 featured a series of Product Announcement track sessions for companies to showcase their latest releases in payment technology to the potential 10,000 attendees.

Money 20/20 2015 featured some of the latest innovation in payment technology and financial services; from mobile wallets to biometrics and bitcoin. The biggest take-away from the event was the robust growth and opportunity this sector has to offer.

Investorideas.com stopped by the booth of Cachet Financial Solutions (OTCBB:CAFN) prior to their product announcement and then sat in on the presentation (see video below).

Some of the other product announcements on Monday included MoglNetwork: Closing the Loop of Online to Offline Commerce, Points & RBC: Loyalty Driving Mobile Wallet Engagement, BitPay Demos Sophisticated Wallet Management for Enterprises & Individuals and JUMO: Data-driven Opportunities for Africa.    




Jeffrey Mack, President and CEO of Cachet at Booth at Money 20/20

Watch the video Clip: hi-lites of Track 5: Product Announcements - Session: 4 - October 26 2015



Building on the success of Select Mobile™ Money—a mobile platform uniquely tailored for the prepaid industry–Cachet Financial announces exciting new enhancements to the platform. Learn how Cachet is enabling some of the world’s largest FIs and retailers to leverage the power of mobile to engage cardholders, increase transactions and extend card life.
 
Speakers: Jeffrey Mack,Chairman, CEO & President, Cachet Financial Solutions and  Brett Walker, SVP Emerging Markets, Cachet Financial Solutions

About Cachet Financial Solutions, Inc. (OTCBB:CAFN):
Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010, Cachet has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations.  With remarkable growth, an impressive client base and award-winning technologies, Cachet continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.

The company's industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Cachet's cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Cachet's complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, visit www.cachetfinancial.com.

About Money20/20 (http://www.money2020.com/)
As the industry's primetime conference and trade show, Money20/20 delivers the biggest scale, best audience and most engaging event. Money20/20 is the largest global event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000+ CEOs, from 3,000+ companies and 75 countries, expected at our 2015 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money.

About Investor Ideas (http://www.investorideas.com/)
InvestorIdeas.com is a global investor news source that follows the money in mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, sports and entertainment.

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Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Contact:
Investorideas.com www.investorideas.com
800 665 0411


Monday, November 9, 2015

The Future of Mobile Payments; Robust Growth for Mobile Payments Predicted but Security Concerns Act as Potential Inhibitor

The Future of Mobile Payments; Robust Growth for Mobile Payments Predicted but Security Concerns Act as Potential Inhibitor

Point Roberts WA, NEW YORK, NY – November 9, 2015 - Investorideas.com, a global news source covering leading sectors including tech, reports on the rapidly growing mobile payment sector in the US and some of the key challenges it faces in increasing consumer acceptance and adoption.

Investor Ideas recently attended the Money20/20 2015 Conference held at the Venetian in Las Vegas, one of the largest events covering payments and financial services innovation. From keynotes to panel sessions, to product launch tracks, the audience was told over and over about the robust growth anticipated in mobile payments over the coming years.  

One of the experts speaking was Bryan Yeager Analyst at eMarketer Inc. (www.emarketer.com) who presented a session track, Market Overview: Mobile Wallets & Payments, t talked about the robust growth of mobile payments in the US. His firm says Mpayment transaction values will triple in 2016. In terms of mobile payment user growth it is projected to grow to 37.5 million users in 2016, up 62%.

In spite of the tremendous growth there are a few factors that are acting as inhibitors and as Bryan Yeager framed it in in his presentation, the most notable is “Security, Security, and Security.”

He cited that “57% of US internet users cited security concerns the main reason they were hesitant to use mobile payment services.”
(Walker Sands, Dec. 2014)

He also noted “62% of US smartphone owners that don’t use or plan to use a mobile wallet cited worries about security as the reason.”
(Chadwick Martin Bailey, June 2015)

ID Global Solutions Corporation (IDGS), a company focused on fraud management and global payment solutions, recently announced the launch of IDComplete to address security issues in the sector.

IDComplete is a highly secure, encrypted, real-time, multi-user, out of band, pin-based verification solution to prevent card fraud.

IDComplete utilizes a secure encrypted irreversible tokenization process with multi-factor authentication to enable secure real-time cardholder verification.

IDComplete enhances the security of physical card and digital token transactions providing consumers the ability to authorize or decline card present and card not present transactions in real-time using their registered smartphones.

Mr. Thomas Szoke, Chief Executive Officer of ID Global Solutions Corporation said, "The best way to alleviate consumer security concerns regarding payment solutions is to allow them to perform real-time authorizations for their transactions.”

Video clip: The Future of Mobile Payments Money 20/20 2015 Part one; Bryan Yeager Analyst eMarketer


About Investor Ideas (http://www.investorideas.com/)
InvestorIdeas.com is a global investor news source that follows the money in mining, energy, renewable energy, water stocks, food and beverage (including organic and LOHAS, wine), defense and security, biotech, technology and mobile. We have also recently expanded our global coverage to include Latin American stocks, sports and entertainment.

Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Sign up for free news alerts at Investorideas.com

Disclaimer/Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure:  IDGS has retained Investorideas for PR and media: two thousand five hundred per month and one hundred and fifty thousand 144 shares total for the 6 month period. http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008, all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with SEDAR. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Contact Investorideas.com
800 665 0411


Saturday, November 7, 2015

Wocket smart wallet review: Wocket Wallet: The Only Card We’ll Ever Need

Wocket smart wallet review:  Wocket Wallet: The Only Card We’ll Ever Need


Wocket Wallet: The Only Card We’ll Ever Need


By Jennifer On 
Ever since my husband’s identity was stolen 6 years ago, we’ve been dealing with ramifications and fall out of the thieves actions… and sort of living in fear of it happening again. And since the hubs has been back on the road long-haul trucking, that worry has increased. He’s had cash stolen out of his truck, but so far we’ve managed to escape another serious incident. When NXT-ID asked if I’d be interested in checking out their smart wocket wallet, the answer was a resounding YES!

Let me tell you. I was pleasantly surprised with just how cool and effective this “Wocket” is!

So now you’re probably asking yourself, “What the heck is a Wocket Wallet???”. Well, let me tell you! The wocket is a smart wallet designed to help regular people like us, keep our money and identities protected. It’s basically mobile security for the mobile world. Your Wocket will actually replace your entire wallet! There is no need to try to juggle two separate wallets. The Wocket comes equipped with convenient slots so you can still carry cash and other essentials, like your license . The personalized WocketCard automatically transmits any card you choose including debit, credit and store loyalty cards. Practically any card with a magnetic strip can be added to your Wocket!
So just how does the Wocket work?
When you order your Wocket Wallet, you will receive a package containing the Wocket, a card with your name on it, the Wocket Accessory, Card Reader and USB charging cord. It also comes with a nice leather case that is removable for charging purposes. To charge, you connect the charging cord to a USB Port and plug it in. Once your Wocket is fully charged you’ll be good to go for at least 6 months.
Your Wocket is super easy to set up…
It took us less than 10 minutes to set up the Hubs new Wocket Wallet. He’s been using it for a couple of weeks now and he’s impressed! It’s easy to switch between his debit card and loyalty cards, and the physical cards are safely secured here at home!





Wocket® is the smartest wallet you’ll ever own. Designed to protect your identity and replace your old wallet, simply swipe and save your cards into Wocket once and they are immediately secured with pin and biometric voice print technology.  Without ever needing a smartphone, you can choose a card from the touch screen and Wocket programs its single, smart card (Wocket Card) to match your selection. From there, you just swipe as you normally would virtually anywhere that credit cards are accepted today.

All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.

Buy the Wocket® at www.wocketwallet.com

See the full Wocket® FAQ at: http://wocketwallet.com/pages/faq


Wocket smart wallet review: Wocket Wallet: The Smartest Wallet You’ll Ever Own

Wocket smart wallet review:  Wocket Wallet: The Smartest Wallet You’ll Ever Own
October 2, 2015 by Glasgow Skinner
This blog post has been sponsored by #wocketwallet.  The company has compensated me via a cash payment, gift, or something else of value to review their product. Regardless, I only recommend products or services I use personally and believe will be good for my readers. #wocketsmartwallet #wocket
For years, we’ve carried a large, bulky wallet. Why do you ask? Because along with receipts, our credit and debit cards, we have amassed a collection of loyalty cards for almost everything. We have loyalty and frequent visitor cards for several airlines, supermarkets, restaurants and other eateries, beauty retailers, mass merchants, major retail stores, and so on, so of course we needed a wallet big enough to hold all of those cards. And because we carry all our loyalty and credit cards every single day, we always have to carry a large handbag (as you will see below, our wallet is not built for small purses). Thanks to the geniuses at NXT-ID, we will be able to reduce not only our wallet size but our handbag size as well. How? It’s all thanks to the wonderful creation of a digital wallet that is surely the world’s smartest wallet, Wocket Wallet.


If you’re like us and suffer from “overstuffed and/or over-sized wallet syndrome”, this Electronic Wallet is a must. Thanks to the WocketSmartWallet, we’re now in the market for something thin, like a card holder or leather billfold, just to carry cash and receipts, everything else goes into our Wocket Wallet. As we transfer all our giftcards, etc to this Ewallet, we still can’t believe how slimmer our usual wallet is becoming. It’s wonderful going from our huge wallet to the very compact Wocket Wallet. Everything was so easy to use and our inner techy gets very excited every time we use it.

The first time we used our Wocket Wallet was at the Supermarket. We usually take our entire wallet with us, but this time everything we needed – our debit cards and supermarket loyalty cards, were already programmed in the Wocket. The only additional card we brought along was our I.D. After inputting our security pin, we selected which card we wanted to pay with and swiped away. It took all our energy not to say “Holy Shit, this is awesome” out loud…well not too loud. Although we still have a few more loyalty cards to program in, we are off to a great start with Wocket.

What’s more, the WocketSmartWallet look very sleek as well. Aside from its thin shape, it also boasts an extra card slot, stitched leather detail, Smart Swipe technology, your name etched on the chic black card with gold trim, a physical signature strip like regular debit and credit cards, and the ability to unlock it with either a pin of your choice or with your voice thanks to its biometrically locked capabilities. Instead of carrying around 12 or more various debit, credit, or loyalty cards, you carry one Wocket card with all of your cards programmed by categories. For those of you that typically forget your numerous passwords, you can also safely secure them in your Wocket.

So say goodbye to HUGE, bulky wallets, and the constant fight to pull the card you need out of your wallet, and say hello smaller purses, any card easily available at your fingertips, and a more efficient way to pay with WocketSmartWallet.


Wocket® is the smartest wallet you’ll ever own. Designed to protect your identity and replace your old wallet, simply swipe and save your cards into Wocket once and they are immediately secured with pin and biometric voice print technology.  Without ever needing a smartphone, you can choose a card from the touch screen and Wocket programs its single, smart card (Wocket Card) to match your selection. From there, you just swipe as you normally would virtually anywhere that credit cards are accepted today.

All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.

Buy the Wocket® at www.wocketwallet.com


See the full Wocket® FAQ at: http://wocketwallet.com/pages/faq

Friday, November 6, 2015

Biometrics in the Payment Industry: “Almost Every Bank, Retailer, Payment Company is Looking at How to Incorporate Biometrics into their Future” - Peter O'Neill – FindBiometrics

Biometrics in the Payment Industry: “Almost Every Bank, Retailer, Payment Company is Looking at How to Incorporate Biometrics into their Future” - Peter O'Neill – FindBiometrics

Gino Pereira, CEO of NXT-ID (NASDAQ: NXTD) about Wocket smart walllet at Money 20/20

Point Roberts WA, NEW YORK, NY – November 6, 2015  - Investorideas.com, a global news source covering leading sectors including tech reports on the recent Money20/20 2015 Conference held at the Venetian in Las Vegas and the role biometrics will play in the future of the payment industry.

Money 20/20 is one of the largest events covering payments and financial services innovation and biometric technology was a key topic in many of the panel sessions, as well as being incorporated into many of the exhibiting technologies.
 
Bryan Yeager, an analyst at eMarketer Inc., in his presentation at Market Overview: Mobile Wallets & Payments referenced that, “The movie “Back to Future 2” featured biometrically authenticated payments in a scene where this guy asks Marty to thumb him $100 to save the clock tower. That shows they were looking at biometrics in payments back in 1985.”

Video Clip: Bryan Yeager, Analyst, eMarketer Inc. at Money 20/20


The industry has come a long way and is now very much a part of reality as noted in the session, ‘Biometric Identity & its Applications in Financial Services & Payments’, moderated and introduced by Peter O'Neill, President, FindBiometrics.

Peter told an attentive audience, “Biometric technology is more popular than ever before. New advances in biometrics have allowed for massive proliferation.  All the big players are now involved;  Apple, Microsoft, Samsung, Google, MasterCard, USAA, Toyota, Visa, Facebook, Ford, General Motors, TD, Scotia, Royal, CIBC, Alibaba, Qualcomm, PayPal, Intel, and on and on and on.”

Commenting on the topic with Peter were some of the big names in the industry with speakers including Paul Burmester, CEO, Validsoft; Philippe Le Pape, VP Sales Director, Morpho (Safran); Bob Reany, Group Head & SVP, Identity Solutions, MasterCard; Rick Swenson, AVP Enterprise Fraud Prevention & Detection, USAA; and Conor White, President, Americas, Daon. They discussed how different biometric technologies including voice, face, fingerprint and iris recognition are enabling new applications in financial services and payments.

Video Clip: Biometric Identity & its Applications in Financial Services & Payments at Money 20/20 https://www.youtube.com/watch?v=_fcBGl_kWVw


Investorideas.com also talked to one of the exhibiting companies at Money 20/20 focusing on biometric security for the payment sector. Gino Pereira, CEO of NXT-ID (NASDAQ:NXTD) shared how his company is taking a unique approach to payment technology. Unlike an Apple Pay, his company’s Wocket® is separate from a phone. Since security concerns are a key inhibitor to mobile payment adoption, he feels he is on the right track. 

They have also created dual authentication access with a combination of PIN and/or their voice recognition technology, VoiceMatch™.

Gino said, “All your information is stored in here - in this secure unit and as you select the items to pay, it programs one single card. In fact, it becomes a secure method by which you swipe and pay with the card of your choice.  If you lose it, there is no identifying information on your card so nobody can take your credit card number.  If you lose your Wocket®,  all your information is stored  securely so without the  alpha numeric pin or voice biometrics to gain access, there is no way you can take over my  Wocket. (www.wocketwallet.com).”

Video Clip: Gino Pereira, CEO of NXT-ID talks about Wocket at Money 20/20


* Note there are some edits in this video due to background noises at Money 20/20 and part of the audio was re-recorded.

Peter O'Neill, President, FindBiometrics also noted in his introduction that since last year’s panel, the biometrics and finance market has evolved significantly. “The world’s most prominent mobile concerns have biometrically enabled M-payment platforms.  Apple Pay, Samsung Pay, Android Pay, PayPal and Alipay – major payment networks, have integrated biometrics into their offerings and banks have embraced biometrics for phone, mobile and ATM banking.”

Peter also said, “As data breaches continue to rise and as the password continues to prove totally ineffective and as the public yearns for a better, more convenient and secure way forward - almost every bank retailer and credit card company is looking at how to incorporate biometrics into their future.”

Read the full release and view images at http://www.investorideas.com/news/2015/biometrics/11061.asp



Gino Pereira, CEO of NXT-ID at Money 20/20 


Samsung Pay at Money 20/20


PayPal at Money 20/20

About Money20/20 (http://www.money2020.com/)
As the industry's primetime conference and trade show, Money20/20 delivers the biggest scale, best audience and most engaging event. Money20/20 is the largest global event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000+ CEOs, from 3,000+ companies and 75 countries, expected at our 2015 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money.

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