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Leading Biometric Smart Technology Simplifies Consumers Purchasing Activity While Securing Personal Information - Newest Smart Wallet Expands TV Ad Exposure


News provided by

FN Media Group, LLC

Apr 01, 2015, 08:35 ET

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CORAL SPRINGS, Florida, April 1, 2015 /PRNewswire/ --

NFC technology in the competitive nature of the consumer electronics market points to a new trend of the inclusion of advanced technology in smart technology & smart wallet devices while expecting to be a major force of the NFC technologies market.  NFC technology enhancements over the years has made it even more secure than established technologies and thus more trusted by device makers and consumers alike for more confidential applications. Companies in focus today are:  NXT-ID, Inc. (NASDAQ: NXTD), Google Inc. (NASDAQ: GOOG), Alibaba Group Holding Ltd. (NYSE: BABA), Apple Inc. (NASDAQ: AAPL) and Vodafone Group Public Limited Company (NASDAQ: VOD).

NXT-ID, Inc. (NASDAQ: NXTD), a biometric authentication company focused on the growing mobile commerce market, announces it has expanded its current TV ad campaign for the Wocket® smart wallet to include new markets and channels. The 30 second ads are currently airing in the New York market on CNBC and will now roll out into Los Angeles select zones. Additionally the ads will run on Fox Business and Bloomberg channels in both regions.

Read the full NXTD Press Release at http://www.financialnewsmedia.com/profiles/nxtd.html

Gino Pereira, Chief Executive Officer, said, "This new 30 second spot is our third in a series of TV ads we have created to educate consumers and build brand awareness for Wocket. We plan to increase our overall consumer awareness campaign over the spring as we begin to ship to our remaining pre-order customers."  He went on to say, "We are getting great feedback from our early access pre-order customers who are now using their Wockets for day-to-day transactions. Wocket is working well and has been well accepted by cashiers at the POS terminals where they have been used. We are seeing a significant increase in the number of sign-ups for our Wocket invitation list and are very excited to see momentum building for our unique secure payment technology. Consumers can see the value that a smart wallet like the Wocket brings to their everyday lives."

NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

In other Smart Technology/Mobile Payment news & happenings: Google's (NASDAQ: GOOG) planned integration of bill pay and presentment with its immensely popular Gmail service could quickly scoop away one of the stickiest offerings of online banking sites. The product, reportedly called "Pony Express," would allow Gmail users to examine and pay emailed bills without navigating to another site. Banks and billers typically rely on emailed notifications to prompt customers to log into their own sites, where they can sell upgrades and provide customer service.  The initiative, reported yesterday by the tech news site Re/code, builds on an existing P2P payment capability built into Gmail and Google Wallet. Read the full article at http://www.paymentssource.com/news/emerging-payments/gmail-bill-pay-is-a-bigger-threat-to-banks-than-google-wallet-3020942-1.html

In the mobile-driven population of China, there's already a clear leader in mobile payments - Alipay, Alibaba's (NYSE: BABA) mobile payment system. Can Apple (NASDAQ: AAPL) keep up even if it gets approved to bring Apple Pay to the country?  Apple Pay hasn't even entered China's market, as it still must clear regulatory hurdles, but it appears that Apple may already be behind in the China's mobile payments game. At least that's what some analysts are saying. "Apple is very late to the payments game with Alibaba and Tencent well entrenched," Shiv Putcha, an associate director with the International Data Corp's Asia/Pacific Consumer Mobility and Social Consumer Research team, told China Daily. "Keep in mind … only Apple Pay users can avail this service while virtually all smartphone users can avail payments through an Alipay or WeChat app."  Recent reports indicate Apple and China's Union Pay have struck a deal to allow Apple Pay to launch April 28 in China, though it's unclear if that date will be hit. Read the full article at http://www.pymnts.com/news/2015/can-apple-pay-compete-in-alipay-dominated-china/#.VRsPvPnF8mA

Vodafone (NASDAQ: VOD) said customers in some of its European markets will be able to add bank cards to the Vodafone Wallet service and use smartphones to pay for goods and services at contactless terminals from the second quarter of 2015. The UK-based operator has signed new agreements with Visa and Carta Worldwide to extend the existing contactless payment service based on near field communications (NFC) technology. Read the full article at http://www.fiercewireless.com/europe/story/vodafone-adds-card-payments-its-nfc-wallet/2015-03-30

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. 

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated two thousand nine hundred dollars for news coverage of the current press release issued by NXT-ID, Inc. by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. 

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC

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