Money2020 Logo

NXT-ID and FitPay to Exhibit at Money20/20, 2017

MELBOURNE, Florida, October 17, 2017 /PRNewswire/ — NXT-ID, Inc. (NASDAQ: NXTD ), a provider of payment, credential management, and authentication platform services, announces it will be exhibiting at the 2017 Money20/20 event taking place October 22 – 25, 2017 in Las Vegas, NV. The annual event, which brings together more than 11,000 financial services and payment industry executives, will provide an opportunity for NXT-ID to highlight its security, payment, authentication and credential management solutions.

NXT-ID and its subsidiary FitPay, Inc. will be featured in Booth 1247 on the exhibition floor at the conference. The booth will include live demonstrations of the company’s payment technology, including the Garmin(R) vívoactive(R) 3 smartwatch with Garmin PayTM powered by FitPayTM. FitPay recently announced that it is working with Garmin International Inc. (NASDAQ: GRMN) to add payment capabilities to the vívoactive(R) 3, enabling it to transact contactless payments at near-field communication-enabled point-of-sale locations through the Garmin PayTM feature.

In addition to its participation in the exhibition, NXT-ID and FitPay executives will be meeting with banking and payment industry leaders, service providers and members of the media from throughout the payment and financial services ecosystem.

Money20/20 is the world’s largest marketplace for ideas, connections and deals in payments and financial services. It brings together leaders representing every sector of the industry to seize new business opportunities, strengthen partnerships and discover the latest disruptions.

With more than 11,000 attendees, including more than 1,700 CEOs and presidents, from 4,500 companies and 85 countries, expected at the 2017 U.S. event, Money20/20 brings together the who’s who of an industry that’s revolutionizing the future of money.

More information about the 2017 Money20/20 event and NXT- ID’s Money20/20 company profile can be found at: https://us.money2020.com/companies/nxt-id

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(R), a suite of biometric solutions that secure consumers’ mobile platforms, the Wocket(TM), 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; FitPay, 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 FitPay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com

About Garmin

Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are in the United States, Taiwan and the United Kingdom. Garmin and vívoactive are registered trademarks, and Garmin Pay is a trademark of Garmin Ltd. or its subsidiaries.

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.
Contact:
NXT-ID Inc.
Corporate info: info@nxt-id.com

Media Contacts:

NXT-ID and FitPay
Chris Orlando
+1-760-468-7273
chris.orlando@nxt-id.com

D. Van Zant
+1-800-665-0411
press@nxt-id.com

 

2017 IoT Innovator Awards Finalist

NXT-ID Subsidiary Fit Pay Selected as a Finalist for 2017 IoT Innovator Awards

Industry publication award program honors the best Internet of Things businesses across the globe

MELBOURNE, Florida, October 9, 2017 – Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD) and provider of payment, credential management, and authentication platform services, has been selected as a finalist for the 2017 IoT Innovator Awards. The awards, which are a program of the technology industry publication IoT Innovator, recognize Internet of Things (IoT) businesses around the world that have made cutting-edge developments in key vertical markets. Fit Pay has been selected as a finalist in the “Best Cloud Platform – Consumer” category. The final winners of the awards will be announced by IoT Innovator on October 16, 2017.

“We are honored Fit Pay has received this recognition by IoT Innovator – a publication with its finger on the pulse of the latest industry developments,” said Gino Pereira, CEO, NXT-ID. “What’s transformative in the IoT market are products that seamlessly integrate technology into peoples’ lives. NXT-ID and Fit Pay are at the forefront of this movement by enabling contactless payments and authentication on a wide range of IoT devices and making the payment experience frictionless for consumers.”

The FitPay Payment PlatformTM is a proprietary technology platform that delivers payment, credential management, authentication and other secure services to the IoT ecosystem. 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 payment and authentication services. FitPay leverages Embedded Secure Element (eSE) chip technology within devices to offer a payment solution that is very power and memory efficient and does not need to refresh a token once it is issued. This frees devices from needing to be tethered to a host device or connected to the Internet to transact payments, creating a superior user experience.

FitPay’s end-to-end payment solution allows IoT and wearable device manufacturers to add payment and authentication capabilities to their products with very little start-up time, no investment in software development and access to the leading credit card networks. Manufacturers of 15 IoT and wearable devices are currently integrating with the FitPay payment platform.

A complete list of the companies selected as finalists for the 2017 IoT Innovator Awards and information about the award program, can be found at http://iotinnovator.com.

### 

About NXT- ID, Inc. and Fit Pay, 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. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc.

 

About IoT Innovator

IoT Innovator is the brainchild of WestWorldWide, LLC, a venerable IT publisher that has been covering the best of IT since 1980. WestWorld’s flagship and IoT Innovator’s sister publication, Computer Technology Review, is one of the most respected editorial authorities in the IT industry.

 

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.

 

NXT-ID Inc. Contact:

Corporate info: info@nxt-id.com

Media:

Chris Orlando

chris.orlando@nxt-id.com

 

D. Van Zant

+1-800-665-0411

press@nxt-id.com

logo-ekgcard

NXT-ID COO and Fit Pay President Michael Orlando to be a Featured Speaker at Secure Technology Alliance’s IoT Payments 2017 Conference

Industry event for financial executives, device providers and retail industry executives to examine the evolving intersection of payments and IoT

MELBOURNE, Florida, October 3, 2017 – Michael Orlando, COO of NXT-ID, Inc. (NASDAQ: NXTD) and president of Fit Pay, Inc. will be a Plenary Featured Speaker at the IoT Payments 2017, an industry event hosted by the Secure Technology Alliance that explores the evolving world of Internet of Things (IoT) payments.

IoT Payments 2017, which takes place October 10 – 11, 2017 at the Hyatt Regency in Austin, Texas, will bring together experts from both the IoT and payments communities to discuss the most important developments, innovations and efforts driving secure, seamless IoT payments. The event is organized by the Secure Technology Alliance (formerly the Smart Card Alliance), a not-for-profit, multi-industry association working to stimulate the understanding, adoption and widespread application of secure solutions, including smart cards, embedded chip technology, and related hardware and software. Orlando’s Featured presentation, entitled “Connected Commerce: The Internet of Payments,” will cover IoT payments business models, uses cases and adoption trends.

Orlando is COO of NXT-ID and president of Fit Pay, Inc. With 22 years of payment industry experience, he has held leadership positions in several successful companies, including Cybersource, where he played a primary role in its $2B acquisition by Visa. In 2014, Orlando co-founded Fit Pay, which provides an end-to-end contactless payment solution for IoT devices. In May 2017, Fit Pay combined businesses with NXT-ID, and is now a wholly-owned subsidiary of the IoT and security technology company.

The FitPay Payment PlatformTM is a proprietary technology platform that delivers payment, credential management, authentication and other secure services to the IoT ecosystem. 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 payment and authentication services. FitPay leverages Embedded Secure Element (eSE) chip technology within devices to offer a payment solution that is very power and memory efficient and does not need to refresh a token once it is issued. This frees devices from needing to be tethered to a host device or connected to the Internet to transact payments, creating a superior user experience. FitPay’s end-to-end payment solution allows IoT and wearable device manufacturers to add payment and authentication capabilities to their products with very little start-up time, no investment in software development and access to the leading credit card networks.

 

###

About NXT- ID, Inc. and Fit Pay, 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. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc.

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.

 

NXT-ID Inc. Contact:

Corporate info: info@nxt-id.com

Media:

Chris Orlando

chris.orlando@nxt-id.com

 

D. Van Zant

+1-800-665-0411

press@nxt-id.com