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Thursday, October 18, 2018

Investorideas.com - #Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off

Investorideas.com - #Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off



#Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off

New payment, authentication and credential management company to be called PartX, Inc.

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 18, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) today announced that PartX, Inc. will be the name of the planned entity by which it will spin-off its payments, authentication, and credential management business. The name is intended to evoke connectively, stability and endless possibilities.

The name PartX™ is inspired by Charles Pajeau's invention of Tinker Toys in 1914. Pajeau's patent included a piece called 'Part W' – a round spool with holes drilled around the perimeter. It was designed so that when connected to the set's wooden sticks it formed perfect 90-degree angles, providing strength to an unlimited combination of structures.
"PartX is the evolution of Pajeau's vision – technology platforms and products that connect people to devices, and devices to ecosystems," explained Michael Orlando, COO of Nxt-ID and president of Fit Pay, Inc. "The company will facilitate connected commerce, making digital transactions secure, frictionless and personalized."
The PartX name and branding will be introduced at Money20/20, a payments industry event attended by more than 11,500 professionals, taking place October 21-24, 2018 in Las Vegas, Nevada. The company will be exhibiting at the event and is a sponsor.
On September 21, 2018, Nxt-ID announced that it intends to separate its payments, authentication, and credential management business into an independent company and distribute shares of the newly created company to its shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution.
The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication, and credential management assets that the Company developed since inception. Following the spin-off, the PartX has an investment commitment for $6.0 million to fund its operations. PartX plans to apply for listing on the NASDAQ exchange.
Michael Orlando, current Nxt-ID COO and president of Fit Pay, will be the chief executive officer of the new company. Orlando and Nxt-ID CEO, Gino Pereira, will serve on the Board of Directors of both companies.
Sign up to receive updates about PartX, Inc. at www.PartXinc.com.
Transaction Details
For further details about the spin-off transaction, please see the Form 8-K filed by Nxt-ID with the Securities and Exchange Commission on September 21, 2018. Completion of the tax-free spin-off and the new company's subsequent listing will be subject to final approval by the Nxt-ID Board of Directors, approval by NASDAQ and a number of factors, including market conditions, the execution of inter-company agreements and other matters. Nasdaq has not approved the spin-off company for listing and there are no guarantees that the company will be able to list on Nasdaq or any other exchange.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
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.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
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Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Wednesday, October 17, 2018

Investorideas.com - #Payment News: Visa (NYSE: $V) Welcomes 20 new Visa Token Service Partners

Investorideas.com - #Payment News: Visa (NYSE: $V) Welcomes 20 new Visa Token Service Partners



#Payment News: Visa (NYSE: $V) Welcomes 20 new Visa Token Service Partners

Nxt-ID, Inc. (NASDAQ: $NXTD) subsidiary Fit Pay, Inc. Named as one of Visa Partners

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

Point Roberts, WA - October 17, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in tech and finch investor news issues a payment update following news from Visa Inc. (NYSE:V); "Visa welcomes 20 new Visa Token Service partners who will help scale tokenization to their thousands of merchant clients and millions of customers around the world."
Visa Inc. (NYSE:V) announced the commercial expansion of the Visa Token Service for credential-on-file (COF) token requestors, marking a major milestone towards further securing consumer payments in the digital channel.
"With this expansion, acquirer gateway and technology partners Adyen, AsiaPay, Braintree, Checkout.com, Cherri Tech, CyberSource, Elavon, Ezidebit, eWAY, Fit-Pay, Giesecke & Devrient, PayPal, Payscout, Rambus, SafeCharge, SecureCo, Square, Stripe, Worldpay and YellowPepper are or will soon be able to tokenize credential-on-file digital payments on behalf of their merchant and payment clients."
Nxt-ID, Inc. (NASDAQ: NXTD) subsidiary Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, was named as one of the 20 new partners.
"Expanding our platform capabilities to include tokenized credential-on-file and ecommerce transactions significantly increases our addressable market," said Michael Orlando, President of Fit Pay, Inc. and COO of NXT-ID. (NASDAQ: NXTD). "We are very pleased to be a part of Visa's new program, which gives consumers more control of their card data and increases security for the entire payment ecosystem."
More From the news - "Built on top of the EMVCo Payment Tokenization Standard, the Visa Token Service offers another layer of security by replacing sensitive cardholder information, such as personal account numbers and expiration dates, with a unique digital identifier (a "token") that can be used for payment without exposing a cardholder's more sensitive account information. In addition to enhancing security, expired or compromised payment credentials can be seamlessly updated in the background by the financial institution, eliminating a significant point of friction for consumers and merchants."
"Merchants also get the added security protection of being shielded from data breaches that occur elsewhere in the ecosystem since the Visa card number is replaced with a token unique to the merchant or gateway acquirer partner."
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
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Tuesday, October 16, 2018

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Releasing Official, Limited Access to Avant! AI System

Investorideas.com Newswire - #Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Releasing Official, Limited Access to Avant! AI System



#Tech / #AI News: Gopher Protocol (OTCQB: $GOPH) Releasing Official, Limited Access to Avant! AI System

Release a Beta Version 1.0 Web Based Demonstration of the Avant! – To give Followers a Flavor of its Technology

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - October 16, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, is providing limited access to its beta version of its 1.0 Web based Avant!
Avant! AI is an Artificial Intelligence system, neural network based, that is targeted to manage and supervise Gopher's technologies. As a courtesy to the public, Gopher enabled a question-answering interface with Avant! which is capable of answering questions posted in natural language.
Avant! is an exciting and radically new paradigm of the cognitive computing era. Avant! is structured to provide context to the vast volume of unstructured data in the world today, with the goal of enhancing human and machine capability. It can respond to highly complex situations and quickly provide a wide range of potential responses and recommendations, which are backed by evidence it has analyzed. Avant! is based on advanced reasoning and learning systems. Avant! AI technologies includes deep learning and neural networks to “think” like a human. The system was developed by Gopher Protocol research team with the goal of integrating into all of Gopher's technologies.
"We are proud to introduce a public access to our Avant! AI engine," provided Dr. Danny Rittman, Gopher's Chief Technology Officer. "Although we are only providing limited access to an initial phase of Avant!, the public can get a feel for the system's key strength. One of our major Avant! innovations is the use of an advanced semantic segmentation system that enables Avant! to identify visual objects. This allows understanding of an image down to the pixel level. A computer image can now be understood by our pixel analytics algorithm. We believe this will be crucial for applications such as autonomous driving, security drone operation and even computer assisted medical procedures." Dr. Rittman continued, "The next unique aspect of the Avant! system is the AI decision-making process. Avant! has the capability to predict scenarios based on analytics and statistical data. Our goal is to open a whole world of possibilities to integrate Avant! within human interface applications which could include customer services, chat support, financial advice and in the future, medical advices. Every decision taken within Avanti! is supervised by a cognitive deep-learning system for error capturing, which makes it safe and reliable. Another of the remarkable key elements in Avanti! is its Artificial Neural Network (or ANN). This is an information processing paradigm that is inspired by the way biological systems, such as the brain, process information. An ANN is configured for a specific application such as pattern recognition or data classification through a learning process. Avant!"
Avant! AI web interface is: www.avant-ai.com
Videos of Avant!
How it works video: https://youtu.be/Q3GVqNLiZNM


About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Press page/ press kit - http://gopherprotocol.com/?page_id=228
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asphttps://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors: 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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Friday, October 12, 2018

Investorideas.com Newswire - #Tech News: Gopher (OTCQB: $GOPH) Files Mobile Sharing Database Patent

Investorideas.com Newswire - #Tech News: Gopher (OTCQB: $GOPH) Files Mobile Sharing Database Patent



#Tech News: Gopher (OTCQB: $GOPH) Files Mobile Sharing Database Patent

Technology Designed to Work with Its Granted Guardian Patch Patent

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


San Diego, CA - October 12, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, filed on October 9, 2018 a mobile database patent, which technology is designed to work in conjunction with the Guardian Patch Patent, application serial number 16155093.
This patent seeks to protect one of Gopher's essential intellectual properties, which is the mobile database management system. Gopher's devices are designed to communicate with each other via Gopher gNET private, secured communication protocol. gNET protocol devices are enabled to share/exchange vast amount of data utilizing a proprietary method. In addition, information database objects are transferred and stored between the devices using this method developed by Gopher. This innovative database management system is designed to add another significant layer of cyber security to Gopher's network, further reducing the threat of hacking into the network. The database management system is structured to work in conjunction with Gopher's granted Patch patent.
"Gopher's technologies are working through shared database, which are carefully secured and protected within our network protocol," stated Dr. Danny Rittman, Gopher’s Chief Technology Officer. "In addition, our database system is capable of handling a significant level of information over our network, which is essential for real-time applications like autonomous driving, military/security applications and similar IoT applications. The system is designed to manage databases of all types including media, textual, graphical and secured communication information. The system works with our proprietary integrated circuit (IC) within mobile devices and is AI supervised. Working together with our IC and mobile software application, the system is capable of sharing all mobile database types with all other databases utilizing Gopher's ICs that are installed on other mobile devices, worldwide, utilizing our own private, secured, encrypted protocol. We believe this will a critical component of our network when established. Gopher intends to integrate its database sharing and management technology within all of its tracking and GEO devices for civil and military/security applications. In addition, our database management system is the key communication within our network, supervised by our Avant! AI engine. The patent application seeks to protect the system's key methodologies, concepts and approaches."
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Dr. Danny Rittman CTO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Get News Alerts on Gopher Protocol, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asphttps://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors: 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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Thursday, October 11, 2018

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date



Tech News: NXT-ID (NASDAQ: $NXTD) Reminds Shareholders of Dividend Date

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 11, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) a provider of healthcare devices as well as payment, credential management, and authentication platform services, reminds shareholders of the upcoming dividend date.
The Company announced on September 21st its intention to create a new entity and spinoff its payments, authentication and credential management business and distribute shares of the new entity as dividend shares to Nxt-ID shareholders.
Nxt-ID shareholders owning common shares of Nxt-ID as of the dividend date of October 15, 2018 will be entitled to a dividend of shares of the new company in addition to their holdings in Nxt-ID. Thereafter, shares of Nxt-ID will be traded ex-dividend.
For more details on the pending transaction and the calculation method for issuance of new shares investors are invited to read the transcript (8K filing) of the recently held investor webcast.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
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.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services 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 for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

Disclosure:
Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of
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Tuesday, October 9, 2018

Investorideas.com - A look at Messaging #App Stocks - Upco International Inc. (CSE: $UPCO.C) (OTCQB: $UCCPF) (FSE: U06), #Snapchat ( $SNAP), Tencent Holdings ( $TCHY), #FaceBook ( $FB)

A look at Messaging #App Stocks - Upco International Inc. (CSE: $UPCO.C) (OTCQB: $UCCPF) (FSE: U06), #Snapchat ( $SNAP), Tencent Holdings ( $TCHY), #FaceBook ( $FB)

A Future of Secure Messaging and Payment Apps; Apps that can do it all - #WeChat, #Snapchat, Upco App


New York, NY and Delta, BC - October 9, 2018 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource covering tech stocks releases a sector snapshot looking at messaging app stocks.
According to Business Insider 'THE MESSAGING APPS REPORT: How brands, businesses, and publishers can capitalize on the rising tide of messaging platforms', " The combined total monthly active user (MAU) count of the top 4 messaging apps has grown to 4.1 billion in 2018, with the top three messaging apps touting user bases of 1 billion or more."
It also goes on to say, "Not only are these consumer products drawing in more users, but they're effectively increasing the time consumers are spending within messaging apps. The average daily time US consumers spent in a messaging app in 2017 was 10 minutes, up 15.2% from 8 minutes in 2016, according to eMarketer. That 10 minutes is expected to grow to 11 this year, and 12 in 2019."
"This large and engaged consumer base is a prime market for businesses and publishers to target, particularly as social media networks like Facebook become more difficult to leverage. In order to capitalize on this opportunity, messaging apps like Facebook Messenger and WeChat have developed a range of tools, from chatbots to payments methods, that businesses and publishers can use to reach and monetize consumers."
The market has some clear leaders with Tencent Holdings Limited (TCHY) and its WeChat app, the WhatsApp messaging app that Facebook (NASDAQ: FB) bought for $19 billion in 2014 and Snapchat (NYSE:SNAP). Apple has iMessage and just recently, Yahoo announced the launch of a new messaging App, Yahoo Together; and now Samsung and Google are collaborating to create a new messaging app for Android.
So, with such big players in the market how does a smaller company like Upco International Inc. (CSE: UPCO.CN) (OTCQB: UCCPF) (FSE: U06) compete? With great technology and a specific target market to penetrate, they say in recent press releases.
According to news from the company, "Our product supports sending and receiving the complete package of media (text, photos, videos, documents), as well as location and voice calls. Our messages and calls are secured with end-to-end encryption. Additionally, our users' data is not interfered with in any way, or collected for subsequent use of personal identification information, other than for regulatory purposes and account management."
Also from the news, CEO Andrea Pagani stated, "We want to do one thing, which is communicate, and do that very well. WhatsApp has a stronger presence in the Western market. WeChat dominates in China. Our goal is to dominate the European market with a plan for global expansion."
How much does WeChat dominate in China? A recent article in Jing Daily says, "Since 2015! It has continued to grow and by 2017, the number of WeChat MAU reached 980 million, 30 percent higher than the 751 million China's internet users."
In terms of shopping and transactions the article reports, "In Q2 2018, the transaction volume on WeChat shop keeps growing at a 134 percent quarterly increase rate."
Snapchat (NYSE:SNAP) wants your transactions as well and is now in the shopping game. They announced September 24th, "Beginning this week, we're testing a new way to search for products on Amazon right from the Snapchat camera. We'll be rolling it out slowly, but we wanted to announce it to everyone at the same time."
They go on to say, "It's super easy to use. Simply point your Snapchat camera at a physical product or barcode, and press and hold on the camera screen to get started. When the item or barcode is recognized, an Amazon card will appear on-screen, surfacing a link for that product or similar ones available on Amazon. Tap your selection to visit the Amazon App (if you have it installed on your phone) or Amazon.com, where you can complete your purchase or keep browsing."
"Snapchat has always been the fastest way to communicate, and now it's the fastest way to shop!"
Upco International Inc. (CSE: UPCO.CN) (OTCQB: UCCPF) (FSE: U06) also sees the future of their app in money. They recently announcedthe Upco App is available for download on Apple App Store for iOS and Google play store for Android and report some of its features include;
"Cashless technology (eWallet): We are working to enhance the security and unlock the barrier of money transfer improving the economy among others in developing countries."
They also say, "The Upco users will be able to transfer funds to other Upco users without additional costs. Also they will be able to transfer cash funds to regulated banks and cash pick up outlets. The receiver can collect the funds in local currencies."
Building on their payment technology capabilities, Upco announced on October 2nd, "It has commenced development of the interface between Emoney and the Upco application, regarding user authentication and transaction / account management. This is an important early step in deployment of a full-featured mobile payment and transfer application, encompassing both Fiat and Cryptocurrencies, within our E-wallet. Details regarding this innovative offering, which is in the advanced design stage, will be addressed in future news releases."
About Upco International Inc. (CSE: UPCO) (OTCQB: UCCPF) (FSE: U06)
Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco E-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments. www.upcointernational.com
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Investorideas.com - #Podcast Corner Talks to CEO of Nxt-ID, Inc. (NASDAQ: $NXTD) about Opportunity in Personal Emergency Response System #PERS Market and Expanding from #VA Market to Big Box Retail

Investorideas.com - #Podcast Corner Talks to CEO of Nxt-ID, Inc. (NASDAQ: $NXTD) about Opportunity in Personal Emergency Response System #PERS Market and Expanding from #VA Market to Big Box Retail



#Podcast Corner Talks to CEO of Nxt-ID, Inc. (NASDAQ: $NXTD) about Opportunity in Personal Emergency Response System #PERS Market and Expanding from #VA Market to Big Box Retail

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

Point Roberts, WA - October 9, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in tech and fintech investor news issues an exclusive podcast interview with Gino Pereira - President and CEO of Nxt-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices as well as payment, credential management, and authentication platform services.
Listen to the podcast:

#Podcast Corner Talks to CEO of Nxt-ID, Inc. ($NXTD) about Personal Emergency Response System #PERS Market and Expanding from VA Market to Big Box Retail

With research indicating that the Personal Emergency Response System (PERS) market could reach $11.1 billion USD by 2025, Nxt-ID, Inc.'s (NasdaqCM:NXTD) subsidiary, LogicMark, LLC is well positioned to expand the business opportunities, according to CEO and President Gino Pereira.
Furthermore, the elderly is more prone to falls, and according to a study, 50% of seniors aged 80 years and 30% of seniors aged 65 fall every year. In addition, those suffering from diseases such as epilepsy, Alzheimer's, Parkinson's, multiple sclerosis, and muscular dystrophy, are at a higher risk of falling. These are major factors that are estimated to drive the market. - Grand View Research
A report last year from Grand View Research posits that as life expectancies rise and with increasing incidence of Alzheimer's disease, standalone PERS devices are predicted to become more commonplace. Pereira emphasized how crucial response time was against data from falling incidents.
"A major factor in Personal Emergency Response is really response time," he said. "If you look at some fall statistics, the cost of dealing with medical expenses related to adult falls is estimated to be about $55 billion USD by the year 2020. And it's been shown that, in terms of being able to stay alive, the response time is critical. 92 percent of patients that have been found alive within an hour do well, but that drops off - if it's one to three hours it drops all the way to 47 percent. Beyond three hours it goes from 25 percent on down, so response time is extremely important and therefore Personal Emergency Response devices are absolutely critical."
Pereira explained how LogicMark PERS devices that integrate different and better technologies are ideal for preventing negative outcomes.
"Most of the existing PERS devices are based off of the hold wireless handset type technology which [use] radio frequency," he said. "What we're seeing today are versions with WiFi, BLE (Bluetooth Low Energy) and GPS to enhance tracking. We are in the process of doing R&D and coming out with products in the relative short term covering all three of those technologies."
Pereira also elucidated the market opportunity of telemedicine, and how it works in tandem with what the company does.
"The type of telemedicine monitoring we're doing keeps track of patient health, so it's exactly in line with what we're doing," he said. "When the patient starts going downhill, or if something is wrong, we can intervene very quickly. We can call the physician's office to let them know what's going on, we can call the patient to tell them to get in touch with their doctor's office and have them seek treatment sooner rather than later."
Many of LogicMark PERS are sold through the United States Department of Veteran Affairs, and Pereira is enthusiastic about growing sales there, but he also explained the company's plans of expanding into general retail opportunities.
"Even though we have far and away the largest market share of products being sold into the VA hospitals, we believe there's room for significant growth still within the VA hospital," he said. "We're aligning our markets and sales efforts to push further and deeper into the VA to get continued growth out of there. Beyond that, we think these devices are suited to more commercial retail partnerships and so we are in the process of finalizing agreements with a couple of large big box stores. So, our product will be available to the general public in those stores as well."
"All of these are really designed to drive down healthcare costs from the healthcare provider side," he said. "The cost of presenting at an emergency room is extremely high and if it can be avoided by a simple visit to a doctor's office several days beforehand, that's a significant advantage."
About Nxt- ID, Inc.
Nxt-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
Nxt-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about Nxt-ID at www.nxt-id.com. Fit Pay and the Fit Pay Payment Platform are the sole property of Fit Pay, Inc. For Nxt-ID Inc. corporate information contact: info@nxt-id.com
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