In today’s CardFlash News Que: AMERICAN EXPRESS (holiday); Q-CARD (KEOLABS); NXT-ID (StackCommerce); and VORMETRIC (breaches).
AMERICAN EXPRESS – Americans plan to cash in on Black Friday and Cyber Monday deals, with nearly 45% of consumers making purchases on Black Friday and 47% shopping on Cyber Monday, according to the American Express Spending and Saving Tracker. Between these two shopping holidays, consumers plan to spend $584 (up 17% from 2014), and this year, 20% more of affluent consumers-categorized as those earning $100,000 or more annually”will be leading the charge, as 56% plan to take advantage of this annual shopping holiday compared to just 46% last year.
Q-CARD – Q-Card has inked with KEOLABS to promote KEOLABS’ testing solutions in the United States. Q-Card, a leading North American test tool and testing service provider will collaborate on the promotion and support of KEOLABS’ solutions for validating smart cards, card readers and NFC mobiles for applications such as payments, identity and transportation. With an extensive smart card testing offering, Q-Card has the technical expertise to advise and support prospective customers for EMVCo, NFC Forum, ICAO and ISO/IEC 14443 testing tools.
NXT-ID – NXT-ID, a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket smart wallet announces StackCommerce, a leading marketplace to discover and buy innovative technology products, will be featuring the Wocket smart wallet on StackSocial for this holiday season. StackSocial will sell the Wocket Smart Wallet beginning November 18.
VORMETIC – Vormetric, a leader in enterprise data security for physical, virtual, big data and cloud environments, says its recent survey finds the types of account information Americans are most concerned about in the event of a data breach. According to the survey, most remain unaware of their vulnerability to medical data theft, and the fact that it can be far more damaging than credit card or social security number compromise. A recent Ponemon study found that about two-thirds of medical-record theft victims said they had paid an average of $13,500 to resolve the theft. Yet 89 percent of those polled by Vormetric did not include medical records in their top three selections for personal data they would be most concerned to have lost in a data breach.