Tag: apple mobile payments

Technology Today Radio : Apple (AAPL) giving us another reason to Give the Finger: Ajay Gupta interviews  Biometrics Expert Gino Pereira, CEO of NXT-ID (NXTD)

New York, NY –September 26, 2013 – (www.investorideas.com newswire).  Investorideas.com, an investor research portal specializing in  independent research in leading sectors including biometrics and mobile security stocks features a recent in interview with NXT-ID, Inc.(OTCQB: NXTD). Technology Today blog radio host Ajay Gupta interviews biometric expert  Mr. Gino Pereira, CEO of NXT-ID (OTCQB: NXTD) to discuss recent developments in biometrics and how Apple  (AAPL) is taking the lead in mobile security. Gino shares insight into what works now, what doesn’t work and the future of biometrics as it becomes mainstream technology.

Technology Today ; Apple giving us another reason to Give the Finger

Ajay Gupta interviews Gino Pereira, CEO of NXT-ID (OTCQB: NXTD)

Intro –

Apple’s new OS, iOS 7, and two new phones, the iPhone 5c and 5s, have received a lot of attention. And they’ve sold 9 million phones in the first weekend of sales.

One feature that hasn’t received as much discussion as may be deserved is the fingerprint biometric feature.  That’s the kind of tech we like to discuss at Technology Today and we’ll do that this Wednesday at 6pm EST.

Security is an ever growing concern and the 4-digit pass code is often more of an annoyance than a deterrent. Perhaps a finger tap approach, which we are used to anyway from opening apps, will do better? 

Some say this is a slippery slope that once we are accustomed to using our fingers, retina scanners, voice print and other more intrusive biometric approaches will become the norm.

The show  discuses the pros and cons and takes a deeper look at the biometric teck.  Gino Pereira, CEO of NXT-ID, is a recognized expert in the technology space having built start-ups across the world.  His current business, NXT-ID, is active in biometrics with special application in mobile payment security.

Hear the September 25^th  radio show http://www.blogtalkradio.com/technologytoday/2013/09/25/apple-giving-us-another-reason-to-give-the-finger

Mr. Gino Pereira –

MobileBio™ facematch™

About NXT- ID Inc. – Mobile Security for a Mobile World

NXT-ID, Inc.’s (OTCQB: NXTD) 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. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

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Apple unveils iPhone 5S and 5C

Apple revealed its highly anticipated iPhone 5S this week during a special press event, but the famed technology company also unveiled some unexpected products as well. Apple has been fighting to maintain its market share in the mobile sector for some time, and this fight has became more desperate when long-time rival Samsung took the top spot in the global market. In an effort to boost device sales, Apple unveiled the iPhone 5C, which is meant to be a low-end smartphone designed to appeal to the world’s low-income populace.

New 5S could be a hint at Apple’s mobile payments interests

Apple’s event was enough to generate hype among long-time supporters of the company. The iPhone 5S has won praise for the new features it offers, the most notable of which is fingerprint sensor technology that could make the device much more secure than its predecessors. This technology could also help Apple break into the mobile payments space, which the company has been approaching with caution for some time. While Apple sees a great deal of promise in mobile payments, the company considers this sector to be somewhat dangerous due to the lackluster security features that some payment platforms offer.

Fingerprint technology may help make mobile payments more secure

While Apple has not yet made an announcement concerning its plans for mobile payments, the iPhone 5S could provide some insight on where the company is heading in this sector. Equipped with a fingerprint scanner, the iPhone 5S is able to function as the most secure mobile payments platform available. The technology is able to authorize payments more effectively than conventional platforms, many of which are based on NFC technology. Apple considered NFC technology to be lackluster for mobile payments because the technology is susceptible to hacking, putting a consumer’s financial information at risk.

5C designed for low-income consumers

The iPhone 5C and other models are not designed with mobile payments in mind. The 5C is meant to appeal to low-income consumers who have an interest in smartphones but not necessarily enough money to purchase cutting-edge models. The iPhone 5C is expected to retail for approximately $99, whereas the iPhone 5S will feature a significantly higher price tag.