Latest Innovation in Payments and Financial Services Showcased at The Money20/20 Global Event

FT. LAUDERDALE, Florida, November 2, 2016 /PRNewswire/ --

As the U.S. presidential election approaches, a broad range of regulatory conversations are underway that will shape the future financial services and digital payment industries.  At a recent major conference Money20/20 - held last week, the discussion of the digital shift in payments is thought to be the biggest change in the industry since the introduction of plastic.  Presenting or sponsoring the World-Renown Money20/20 event included NXT-ID, Inc. (NASDAQ: NXTD), PayPal Holdings, Inc. (NASDAQ: PYPL), Bank of America Corporation (NYSE: BAC), Discover Financial Services (NYSE: DFS) and JPMorgan Chase & Co. (NYSE: JPM) 

NXT-ID, Inc. (NASDAQ: NXTD) a security technology company, reports on the recent  Money20/20 payment and fintech conference held in Las Vegas and the follow-on WorldVentures promotion and training event that introduced and distributed the new flye™ smart card  to  WorldVentures members .

NXT-ID, Inc. shared a booth with WorldVentures to introduce the flye smart card to the ten thousand plus attendees at Money20/20, the largest payments and financial services innovation conference in the world, held from October 23-26, 2016.

The smart card was then distributed to several hundred WorldVentures' members for the first time at 'A View from the Edge', held in Las Vegas from October 28-30, 2016.  These US based recipients will be beta testing flye during 4th quarter of 2016.

Created for WorldVentures' travel club members, currently numbered at more than 500,000, flye can load up to 10 records (credit cards, loyalty cards, identity cards, and other data); be used as a payment method in the same way as a credit card, where accepted; and, earn loyalty points at select restaurants worldwide that can be used towards DreamTrips vacations.

The flye card is a computer the size of your credit card where you can upload up to 10 credit cards, loyalty cards or debit cards. With a touch swipe feature you can choose which you want to use. More secure than your average credit card. Bluetooth enhanced for a level of service like no other. This smart card is exclusive to our members and purchases with the card at participating partners will earn points to allow our members to earn vacations and travel at no cost.

Read the full NXT-ID (NXTD) news release and other recent news at http://finance.yahoo.com/quote/NXTD/?p=NXTD

About Money 20/20 - Money20/20 organizes the largest global events enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000 CEOs, from over 3,000 companies and 75 countries, expected at its 2016 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money. Money20/20 will be held at The Venetian in Las Vegas, October 23-26, 2016.

In just four years, Money20/20 fundamentally disrupted the status quo and established an entirely new and groundbreaking scale and standard for industry events. https://www.money2020.com

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