Wednesday, January 16, 2019

Investorideas.com Newswire - The #AI Eye: IBM ( $IBM) Launches New #AI Customer Experience Solutions at NRF 2019

The #AI Eye: IBM ( $IBM) Launches New #AI Customer Experience Solutions at NRF 2019

Global AI in Social Media Market to Hit $2.23 Billion by 2023

Point Roberts, WA and Vancouver, BC - January 16, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today's podcast:

https://www.investorideas.com/Audio/Podcasts/2019/011619-AI-Eye.mp3

The #AI Eye: IBM ( $IBM) Launches New #AI Customer Experience Solutions at NRF 2019

Hear Investor Ideas Podcasts on iTunes

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global AI in Social Media Market to Hit $2.23 Billion by 2023

A report from Research and Markets indicates that the Global AI in Social Media Market is projected to grow from $365.83 million in 2017 to $2.23 billion in 2023 at a compound annual growth rate (CAGR) of 28.6 percent in the forecast period 2018-2023. An excerpt from the report summary reads:

In social media, artificial intelligence is gaining prominence, as most modern-day consumers are active on social media. With the increasing volume of unstructured data, booming number of social media influencers, and rising number of requests for service via social channels, marketers from various end-user industries (such as BFSI, e-commerce, telecommunication, etc.,) are actively exploring AI-based tools, to leverage the power of social media.

In addition, the increasing adoption of AI technologies for numerous applications in social media and rising use of AI-enabled smartphones are anticipated to fuel the growth of the AI in social media market. However, the presence of a limited number of AI experts and sluggish adoption of AI in developing economies are projected to hamper the growth of the market studied, over the forecast period.

IBM Launches New AI Customer Experience Solutions at NRF 2019, NICE Actimize Announces Financial Crime Enterprise Consulting & Advisory Practice and FICO Partners with Conductor to Tackle Payment Fraud with Falcon Platform

Stocks discussed: (NYSE:IBM) (NasdaqGS:NICE) (NYSE:FICO)

IBM (NYSE:IBM) launched new AI-powered innovations aimed at customer experience in the retail sector at the National Retail Federation's 2019 Big Show and Expo. Enabling a culture of digital operations and customer experience innovations is IBM Order Management with Watson Order Optimizer, and IBM MetroPulse, which help retailers improve omni-channel profitability and customer satisfaction. Luq Niazi, Global Managing Director, IBM Consumer Industries said:

"The changing landscape across today's retail and consumer industries has resulted in a rapid rise of emerging technologies, especially when it comes to Automation and Artificial Intelligence. Retail is one of the sectors to already implement and invest in cognitive and AI technologies, resulting in new and unexpected offerings for consumers and shoppers around the world."

NICE Ltd.'s (NasdaqGS:NICE) NICE Actimize business, a leader in Autonomous Financial Crime Management, has announced the launch of a world-class Financial Crime Enterprise Consulting & Advisory Practice (eCAP). NICE Actimize CEO Craig Costigan explained the new practice:

"Our powerful new service and consulting model was designed to further establish us as trusted advisors in financial crime and compliance related issues and implementations, and it allows us to enable our customers to stay on top of developing technologies such as artificial intelligence and robotic process automation, as well as create best practices for operational excellence and utilization of cost effective techniques. Our vision of Autonomous Financial Crime management meshes perfectly with this approach to provide these benefits and more as we attack all aspects of financial crime."

Fair Isaac Corporation (FICO) (NYSE:FICO) has partnered with Brazilian electronic payments company Conductor to protect Brazilian payment cards from fraud. This will be achieved with the FICO Falcon platform, which uses Cognitive Fraud Analytics and artificial intelligence technology, detects fraud in real time and can adapt to changes in fraud trends. Alexandre Graff, vice president of FICO in Latin America explained the platform:

"Falcon is an artificial intelligence solution based on dozens of machine learning patents that excel at detecting transactional fraud. Falcon models are based on the largest data fraud consortium in the world, the Falcon Intelligence Network. Conductor will also offer omnichannel communication based on FICO Customer Communication Services, which further reduces false positives and takes user experience to a higher level. For example, when the system identifies abnormal behavior, it communicates directly with the user's preferred communication channel to confirm whether it is fraud or not."

Sam Mowers, Investorideas.com

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.

AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.

About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/

Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining, sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

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, contents 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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.

Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/

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.

Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com

800 665 0411

Investorideas.com - NXT-ID (NASDAQ: $NXTD): Garmin PayTM Ecosystem Expands With the Launch of the vívoactive® 3 Music With LTE From Garmin®

NXT-ID (NASDAQ: $NXTD): Garmin PayTM Ecosystem Expands With the Launch of the vívoactive® 3 Music With LTE From Garmin®

Contactless payment feature now included on 11 devices and supported globally by a network of more than 260 banks in 30 countries

SEBASTIAN, Florida - January 16, 2019 (Investorideas.com Newswire) Fit Pay, Inc., a wholly owned subsidiary of Nxt-ID, Inc. (NASDAQ: NXTD), today announced the expansion of Garmin PayTM, a contactless payment solution, to the 11th smartwatch from Garmin International, Inc. The new smartwatch, the vívoactive 3 Music with LTE connectivity, launched in conjunction with the Consumer Electronics Show in Las Vegas, Nevada on January 7, 2019. The Garmin Pay contactless payment feature and digital wallet, which is powered by FitPay, enables consumers to make highly secure contactless payments at millions of near field communication enabled (NFC) point-of-sale (POS) terminals worldwide.

"We introduced Garmin Pay in 2017 with the launch of the vívoactive 3, and we are pleased with how this feature has expanded to encompass additional product lines, including smartwatches built for athletes, adventure seekers, pilots and more," said Dan Bartel, Garmin vice president of global consumer sales. "Garmin Pay provides our customers with the flexibility to pay with their wrist, and as we move forward, we know that even more Garmin customers will have the opportunity to experience this great feature."

"Garmin is again breaking new ground in the smartwatch category with a triple-threat device that offers LTE, music and payment capabilities," said Michael Orlando, NXT-ID COO and Fit Pay president. "We are proud to collaborate with a company that has shown such a commitment to enhancing their users' payment experience across such a wide variety of device offerings."

Garmin Pay allows Garmin users to make contactless payments free from having their phone or wallet present. The payment feature includes a digital wallet, which is integrated into the Garmin Connect™ user application. In addition to the vívoactive 3 Music with LTE connectivity, Garmin Pay is also available on other smartwatches by Garmin including the D2™ Delta S, D2 Delta, D2 Delta PX, fēnix® 5S Plus, fēnix 5 Plus, fēnix 5X Plus, Forerunner® 645, Forerunner 645 Music, vívoactive 3 and vívoactive 3 Music.

"In addition to the extension of Garmin Pay to a diverse portfolio of devices, we have also seen tremendous adoption globally among bank and credit account issuers," said Orlando. "The worldwide network of banks and issuers supporting Garmin Pay continually expands, driving new digital wallet activations by Garmin users."

Since the Garmin Pay feature was launched in November 2017, the card network and issuing bank support for the service has grown to include the major card networks and more than 260 banks in 30 countries on four continents worldwide. Garmin Pay was the first device-based contactless payment service to enter the German market and was recently added by banks in the United Arab Emirates and Mexico.

Garmin Pay is powered by the FitPay Token Requester Management Platform, which enables cardholders to securely add their payment credentials to devices that are integrated with FitPay's token management solution. The platform uses tokenization, a payment security technology that replaces cardholders' account information with a unique digital identifier (a "token"), to transact highly secure contactless payments.

View the complete list of issuing banks, payment networks and countries supporting Garmin Pay at Garmin.com/garminpay/banks.

About Garmin International Inc.

For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business markets, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, instagram.com/garmin, or youtube.com/garmin.

Garmin International, Inc., is a subsidiary of Garmin Ltd. (GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan, and the United Kingdom. Garmin, fēnix, Forerunner and vívoactive are registered trademarks and Garmin Pay, Garmin Connect and D2 are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements for Garmin:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 30, 2017, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

About NXT- ID, Inc. and Fit Pay, Inc.

NXT-ID, Inc. (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 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. 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:

Garmin International Inc.
Stephanie Schultz
+1-913-397-8200
media.relations@garmin.com

Fit Pay, Inc.
Chris Orlando
chris@fit-pay.com
+1-760-468-7273

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com

Visit Profile page: https://www.investorideas.com/CO/NXT/

Get News Alerts on NXT-ID, 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. 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

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Tuesday, January 15, 2019

Investorideas.com Newswire - What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)

What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)

Point Roberts, WA and Vancouver, BC - January 15, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at advancements in artificial intelligence in 2019 and beyond.

Last year saw considerable development in artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) in various sectors. This was seen in the proliferation of many startups using AI tech in various spaces, as well as the adoption of the technology by established industry leaders. As 2019 begins, there are already many indicators that AI growth will continue and accelerate.

In a year-end review, Forbes B2B technology analyst and consultant David A. Teich highlighted the tendency of major tech companies to lead the way in the adoption of AI.

"The technologies and techniques of AI and ML are still so new that the main adopters of the techniques are the large software companies able to hire and to invest in the necessary expertise," he said.

Teich explains why both Google and Amazon are early adopters "due to their cloud foundation" and that they're "working to figure out how to generalize techniques developed for their products, in order to attract the wider business market." Meanwhile, fellow tech giants Microsoft and IBM (NYSE:IBM) are "layering AI across product offerings."

Gopher Protocol Inc. (OTCQB:GOPH), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, finished 2018 with the release of a new version of its Avant! AI platform which includes user authentication, history saving and a new sentence embedding method.

Moving into 2019, there are indications that growth will become more impressive as adoption of AI advances. Deloitte Global's TMT Predictions projects that "among companies using AI, 70 percent will obtain AI capabilities through cloud-based enterprise software, 65 percent will create AI applications using cloud-based development services, and by 2020, the penetration rate of enterprise software with AI built in, and cloud-based AI development services will reach an estimated 87 and 83 percent respectively."

Deloitte Global's Paul Sallomi noted, "So far, AI's initial benefits have been predominantly accrued by ‘tech giants' with extensive financial resources, strong IT infrastructure, and highly-specialized human capital," he said. "However, the cloud will power increased efficiencies and better returns on investment, and we expect these benefits to rapidly extend beyond AI's pioneers to the wider enterprise."

But leaving survey data and research projections aside, AI has already made a palpable impact at the CES 2019 Tech Conference, held January 8-11th in Las Vegas. The event website captured the excitement around the sector saying, "AI is no longer a ‘thing' – it's everything".

There, IBM (NYSE:IBM), along with subsidiary The Weather Company, revealed the IBM Global High-Resolution Atmospheric Forecasting System (GRAF), which will be released later this year. GRAF is a weather forecasting system that can provide hourly updates for any location in the world. The company also announced Project Debater - Speech By Crowd - an AI-driven platform that collects view points from both sides of the crowd on a given topic and automatically creates convincing viewpoints for or against the topic.

Autonomous driving was present at CES 2019 with the announcement of NVIDIA Corporation's (NasdaqGS:NVDA) DRIVE autopilot, the world's first commercially available Level 2+ automated driving system. DRIVE utilizes multiple AI technologies, including AI copilot capabilities and advanced in-cabin visualization of the vehicle's computer vision system. Rob Csongor, Vice President of Autonomous Machines at NVIDIA commented:

"A full-featured, Level 2+ system requires significantly more computational horsepower and sophisticated software than what is on the road today. NVIDIA DRIVE AutoPilot provides these, making it possible for carmakers to quickly deploy advanced autonomous solutions by 2020 and to scale this solution to higher levels of autonomy faster."

Also at CES 2019, QUALCOMM (NasdaqGS:QCOM) introduced its 3rd Generation Qualcomm Snapdragon Automotive Cockpit Platforms. According to the press release, the Snapdragon Automotive Cockpit Platforms are the automotive industry's "first-announced scalable artificial intelligence (AI)-based platforms" and support "higher levels of computing and intelligence needed for advanced capabilities featured in next generation vehicles, including highly intuitive AI experiences for in-car virtual assistance, natural interactions between the vehicle and driver, and contextual safety use cases."

Gopher Protocol (OTCQB:GOPH) has also had a busy start to 2019, having launched a program to integrate its Avant! AI engine into robot platforms and has started development on an Avant! mobile application. Gopher CTO, Dr. Danny Rittman explained how the move into robotics opens up even more opportunities for AI to capitalize on.

"We believe Gopher's Avant! AI, implemented in robots, can be the brain for advanced technology in a wide variety of domains, among them medicine, autonomous vehicles including automobiles, drones and spacecraft, aviation, military, education and many more," he said.

With all the growth seen in 2018, and with market research projecting considerable growth in AI across various sectors, it seems likely that the developments seen already in the first half of January 2019 indicate the pace of growth for the rest of the year.

AI EYE CES 2019 Video:

https://www.youtube.com/watch?v=zysAXyd0U5Y

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.

Disclaimer/Disclosure:. 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, contents 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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp , https://www.investorideas.com/About/News/Clientspecifics.

Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/

Additional info regarding BC Residents and global Investors: https://www.bcsc.bc.ca/release.aspx?id=6894.

Contact Investorideas.com

800 665 0411

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing

#Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing

SEBASTIAN, Florida - January 15, 2019 (Investorideas.com Newswire) Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD) (the "Company"), today announced the signing of a Letter of Intent ("LOI") for a new $16.5 million senior secured term loan (the "Term Loan"). The Company will use the proceeds from the Term Loan to refinance its existing loan facility and to pay for accrued interest and costs associated with the refinancing. In addition, the Term Loan proceeds will also provide ongoing working capital, funds for future capital expenditures, and capital for general corporate purposes.

Key features of the Term Loan include:

Interest rate of LIBOR + 11.00%;
Maturity date of three years after closing; and
Three-year term with minimum principal payments amortized over 96-months.

"We are very pleased to have made progress on the refinancing of our existing debt facility," said NXT-ID CEO Gino Pereira. "Completing this transaction will enable us to move forward with the planned spin-off of our Payments Division, which we believe will increase overall value for our shareholders."

Subject to the closing, the refinancing would remove a key covenant of the existing debt facility and allow the Company to proceed with the spin-off of its Payment Division, which include its Fit Pay, Inc. subsidiary and other assets. The terms of the LOI require the Company to complete the spin-off within 15 days of closing the Term Loan.

The Company previously announced that it intends to separate its payments, authentication and credential management business into an independent company and distribute those shares to NXT-ID shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution. Immediately following the spin-off transaction, NXT-ID shareholders, who own shares of NXT-ID on the to-be-announced record date will own shares of both companies. Prior to the record date of the distribution, which will be established by the Board, NXTD shares continue to include shareholder rights to any pro-rata dividend that may result from the spin-off.

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 the Company developed previously by NXT-ID. It is applying for listing on NASDAQ.

The Company anticipates closing the Term Loan within 45 days of the signing of the LOI, which occurred on January 10, 2019. The closing of the Term Loan is subject to customary due diligence and various terms and conditions. The anticipated timing of the closing is subject to change.

About NXT- ID, Inc.

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

Visit Profile page: https://www.investorideas.com/CO/NXT/

Get News Alerts on NXT-ID, Inc.

Disclaimer/Disclosure:

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Monday, January 14, 2019

Investorideas.com Newswire - The AI Eye: Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%, Stocks discussed: ( $GOOG) ( $BIDU)

The AI Eye: Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%, Stocks discussed: ( $GOOG) ( $BIDU)

Choice Hotels Adopts AWS for Cloud Infrastructure and CEVA Opens R&D Facility in Bristol, UK

Stocks discussed: ( $AMZN) (NYSE: $CHH) ( $CEVA)

Point Roberts, WA and Vancouver, BC - January 14, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today's podcast:

https://www.investorideas.com/Audio/Podcasts/2019/011419-AI-Eye.mp3

The AI Eye: Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%, Stocks discussed: ( $GOOG) ( $BIDU)

Hear Investor Ideas Podcasts on iTunes

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%

Stocks discussed: (NasdaqGS:GOOG) (NasdaqGS:BIDU)

Research from 360 Market Updates finds that the global enterprise AI market, which was valued at $796.3 million USD in 2018, will grow to $9.88 billion USD by 2023 at a compound annual growth rate (CAGR) of 51.1 percent during that forecast period. An excerpt from the report description reads:

Enterprises are increasingly recognizing the value associated with incorporation of artificial intelligence (AI) into their business processes as they improve operational efficiency and reduce cost, through automation of process flows. Thus, companies are using autonomous processes to improve operations, and change the face of customer service (for example, through AI-powered chatbots), while spurring innovation to new heights. AI is a set of algorithms that can solve a specific set of problems and it works best with a large amount of quality big data.

Also, AI investment is growing fast, dominated by digital giants, such as Google (NasdaqGS:GOOG) and Baidu (NasdaqGS:BIDU). Globally, tech giants spent USD 20 billion to USD 30 billion on AI in 2016, with most of this expenditure on research and development (R&D) and deployment, and remaining on AI acquisitions. Machine learning, as an enabling technology, received the largest share of both internal and external investment.

Choice Hotels Adopts AWS for Cloud Infrastructure and CEVA Opens R&D Facility in Bristol, UK

Stocks discussed: (NasdaqGS:AMZN) (NYSE:CHH) (NasdaqGS:CEVA)

Amazon (NasdaqGS:AMZN) subsidiary, Amazon Web Services (AWS), has announced that Choice Hotels International, Inc. (NYSE:CHH) is adopting AWS for its infrastructure. This will involve migrating over 1,000 applications to AWS, moving off legacy systems to help improve performance, scalability, and reliability. Mike Clayville, Vice President, Worldwide Commercial Sales at AWS explained the move:

"As consumer behavior evolves, the hospitality industry is changing rapidly, and customers are pushing an unprecedented volume of room and service requests through digital channels, which is driving leaders to turn to the cloud to transform their customer engagement, service, and business models."

CEVA, Inc. (NasdaqGS:CEVA) has announced the opening of a new research and development facility in Bristol, UK. The facility will strengthen the company's R&D capabilities and expedite the development of new digital signal processing and AI products. CEVA CEO, Gideon Wertheizer, commented:

"We are very pleased to announce this expansion of our R&D efforts with the opening of this new design center. Bristol has one of the strongest talent bases in the U.K. for digital signal processing, with many highly-skilled and experienced engineers. This new team will allow us to better address the growing demand for our portfolio of leading-edge signal processing IPs and reinforces our position as the world's leading licensor of IP for intelligent, connected devices."

Sam Mowers, Investorideas.com

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/

Investorideas.com - News that Inspires Big Investing Ideas

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/

Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com

800 665 0411

TechSectorStocks.com - investing ideas in tech stocks- mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)

Like Tech Stocks? View our Tech Stocks Directory

Friday, January 11, 2019

Investorideas.com Newswire - The AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ( $QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

Investorideas.com Newswire - The AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ( $QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

The AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ( $QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

AI in Oil and Gas to See CAGR of Over 12.14% from 2018-2023

Point Roberts, WA and Vancouver, BC - January 11, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI), in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today's podcast:

https://www.investorideas.com/Audio/Podcasts/2019/011119-AI-Eye.mp3

The #AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ($QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

Hear Investor Ideas Podcasts on iTunes

Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

AI in Oil and Gas to See CAGR of Over 12.14% from 2018-2023

The AI in Oil and Gas Market is projected to grow at a compound annual growth rate (CAGR) of more than 12.14 percent in the forecast period of 2018-2023, according to a report from Industry Research. An excerpt from the report reads:

The oil and gas industry operates across a high-risk environment, where the application of AI is expected to aid in streamlining the overall production process and controlling the wastage across the endpoints. Various IoT sensors exhibit multiple functions, which are integral components of upstream and downstream activities, across the industry. From exploration activities (upstream) to leak monitoring while transportation (downstream), there are opportunities for significant application of AI, in the industry. However, the increasing safety concerns among the workforce, especially the maintenance of aging pipeline infrastructure, poses pressure on the oil and gas manufacturers, to include gas and temperature sensors in case of fire emergencies. This factor increases the demand for several data analysis processes that use predictive modeling, across the oil and gas industry. The rising adoption of smart sensing technology as a part of industrial IoT is poised to provide considerable opportunities to the oil and gas industry, in order to curb the safety issues to a substantial extent.

IBM Reveals Atmospheric Forecasting System and Project Debater, NVIDIA Announces DRIVE Autopilot and Qualcomm Introduces Snapdragon Automotive Cockpit Platforms at CES 2019

Stocks discussed: (NYSE:IBM) (NasdaqGS:NVDA) (NasdaqGS:QCOM)

As CES 2019 comes to a close today, these are some highlights from the Las Vegas tech conference.

IBM (NYSE:IBM), along with subsidiary The Weather Company, revealed the IBM Global High-Resolution Atmospheric Forecasting System (GRAF), which will be released later this year. GRAF is a weather forecasting system that can provide hourly updates for any location in the world. The company also announced Project Debater - Speech By Crowd - an AI-driven platform that collects view points from both sides of the crowd on a given topic and automatically creates convincing viewpoints for or against the topic.

NVIDIA Corporation (NasdaqGS:NVDA) announced the DRIVE autopilot, the world's first commercially available Level 2+ automated driving system. DRIVE utilizes multiple AI technologies, including AI copilot capabilities and advanced in-cabin visualization of the vehicle's computer vision system. Rob Csongor, vice president of Autonomous Machines at NVIDIA commented:

QUALCOMM Incorporated (NasdaqGS:QCOM) introduced its 3rd Generation Qualcomm Snapdragon Automotive Cockpit Platforms. According to the press release, the Snapdragon Automotive Cockpit Platforms are the automotive industry's "first-announced scalable artificial intelligence (AI)-based platforms", and support "higher levels of computing and intelligence needed for advanced capabilities featured in next generation vehicles, including highly intuitive AI experiences for in-car virtual assistance, natural interactions between the vehicle and driver, and contextual safety use cases".

Sam Mowers, Investorideas.com

Read and hear other editions of the AI Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/

Investorideas.com - News that Inspires Big Investing Ideas

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/

Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com

Contact Investorideas.com

800 665 0411

About Investorideas.com

About Investorideas.com - Big Investing Ideas Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders. Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast, Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast. We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.

Discclaimer /disclosure

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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com

Trading Tech Stocks; Tech Stock News and daily Podcasts

Investorideas.com breaking new for AI and tech stocks

Wednesday, January 16, 2019

Investorideas.com Newswire - The #AI Eye: IBM ( $IBM) Launches New #AI Customer Experience Solutions at NRF 2019

The #AI Eye: IBM ( $IBM) Launches New #AI Customer Experience Solutions at NRF 2019

Global AI in Social Media Market to Hit $2.23 Billion by 2023

The #AI Eye: IBM ( $IBM) Launches New #AI Customer Experience Solutions at NRF 2019

Global AI in Social Media Market to Hit $2.23 Billion by 2023

IBM Launches New AI Customer Experience Solutions at NRF 2019, NICE Actimize Announces Financial Crime Enterprise Consulting & Advisory Practice and FICO Partners with Conductor to Tackle Payment Fraud with Falcon Platform

Stocks discussed: (NYSE:IBM) (NasdaqGS:NICE) (NYSE:FICO)

Investorideas.com - NXT-ID (NASDAQ: $NXTD): Garmin PayTM Ecosystem Expands With the Launch of the vívoactive® 3 Music With LTE From Garmin®

NXT-ID (NASDAQ: $NXTD): Garmin PayTM Ecosystem Expands With the Launch of the vívoactive® 3 Music With LTE From Garmin®

Contactless payment feature now included on 11 devices and supported globally by a network of more than 260 banks in 30 countries

NXT-ID, Inc. (NASDAQ:NXTD)

Tuesday, January 15, 2019

Investorideas.com Newswire - What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)

What's New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM)

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing

#Tech News: NXT-ID (NASDAQ: $NXTD) Announces Letter of Intent for $16.5 Million Long-term Debt Refinancing

NXT-ID, Inc. (NASDAQ:NXTD)

Monday, January 14, 2019

Investorideas.com Newswire - The AI Eye: Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%, Stocks discussed: ( $GOOG) ( $BIDU)

The AI Eye: Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%, Stocks discussed: ( $GOOG) ( $BIDU)

Choice Hotels Adopts AWS for Cloud Infrastructure and CEVA Opens R&D Facility in Bristol, UK

Stocks discussed: ( $AMZN) (NYSE: $CHH) ( $CEVA)

The AI Eye: Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%, Stocks discussed: ( $GOOG) ( $BIDU)

Global Enterprise AI Market to Hit $9.88 Billion USD by 2023 at CAGR of 51.1%

Stocks discussed: (NasdaqGS:GOOG) (NasdaqGS:BIDU)

Choice Hotels Adopts AWS for Cloud Infrastructure and CEVA Opens R&D Facility in Bristol, UK

Stocks discussed: (NasdaqGS:AMZN) (NYSE:CHH) (NasdaqGS:CEVA)

TechSectorStocks.com - investing ideas in tech stocks- mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)

Friday, January 11, 2019

Investorideas.com Newswire - The AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ( $QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

The AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ( $QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

AI in Oil and Gas to See CAGR of Over 12.14% from 2018-2023

The #AI Eye: #IBM (NYSE: $IBM) Reveals Atmospheric Forecasting System and Project Debater, NVIDIA ( $NVDA) Announces DRIVE Autopilot and Qualcomm ($QCOM) Introduces Snapdragon Automotive Cockpit Platforms at #CES2019

AI in Oil and Gas to See CAGR of Over 12.14% from 2018-2023

IBM Reveals Atmospheric Forecasting System and Project Debater, NVIDIA Announces DRIVE Autopilot and Qualcomm Introduces Snapdragon Automotive Cockpit Platforms at CES 2019

Stocks discussed: (NYSE:IBM) (NasdaqGS:NVDA) (NasdaqGS:QCOM)