U.S. Customs Said Testing Fingerprint, Iris Scanners at Borders (NXTD)
Tweet
Share
E-mailGet Alerts NXTD Hot Sheet
Join SI Premium – FREE
NXT-ID (Nasdaq: NXTD) is on watch Friday following reports that the U.S. Customs and Border Patrol is testing out a new system of biometric programs.
According to Motherboard, one part of the program is the Biometric Entry and Exit initative, which has customs testing out fingerprint and iris scanners along the Mexican border.
While NXT-ID is more focused on the consumer market, the broader usage of the technology by government agencies could beef up its standing in the public eye as a go-to method when looking to keep things secure. Shares are indicated for a higher open.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tenable Mentioned as short at Bear Cave
- China Conducts Cybersecurity Review Into Palo Alto’s Products
- SpaceX (SPCX) Shorts Receive Warning From Elon Musk
Create E-mail Alert Related Categories
Insiders' Blog, Momentum Movers, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
