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NXT-ID appoints Lawrence Flanagan and Ken Moy to its advisory board


NXT-ID has announced the appointment of two new advisory board members: Lawrence Flanagan, and Ken Moy.

According to the company, Flanagan is President and Founder of New Tech Haven and was formerly the executive dean at the University of New Haven College of Business. Before academia, Flanagan spent nearly three decades in corporate positions, as an executive at MasterCard WorldWide, the Procter & Gamble Company and L’Oreal USA.

Moy was formerly senior vice president and Group Head of US emerging payments at MasterCard Worldwide.  Moy led the execution of the company’s digital conversion strategy and managed existing products including online and offline payments, authentication solutions, spending controls and alerts services. He launched MasterPass, the firm’s digital wallet solution. Before MasterCard, Moy worked in various positions at Citibank, and was a Smart Card Alliance Board Member from 2004-2010.

“We are honored and excited to have two luminaries of the card payment world on our advisory board,” Gino Pereira, CEO of NXT-ID said. “Their experience is invaluable to our future prospects and growth for The Wocket. We look forward to growing our advisory board over the next few months with equally talented and experienced individuals.”

Reported previously, NXT-ID is set to launch the Wocket – its biometric mobile wallet solution in 2014.

Last month, the company ported its voice biometric algorithm to the device.

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