Wallaby Financial, a provider of credit card optimization solutions, has signed a strategic partnership with biometric authentication company NXT-ID under which it will offer NXT-ID’s Wocket Smart Wallet as preferred wallet solution to Wallaby Card Beta List members.

The partnership will see NXT-ID integrating Wallaby’s Wallet-as-a-Service and CardBase API products to offer analytical intelligence to consumer wallets in future products.

NXT-ID said that over 30,000 Wallaby Financial customers on the Wallaby Card waiting list will now receive special invitation e-mails to buy a Wocket Smart Wallet as well as a priority status and a guaranteed price over the next 45 days.

Wallaby Financial founder and CEO Matthew Goldman said: "We are excited about this partnership with Wocket because it allows our members to carry all of their membership, payment, rewards, gift cards, and more with just a single card."

NXT-ID CEO Gino Pereira said: "Wocket is a great match for Wallaby users because now they can pair the benefit of maximizing rewards with the convenience of having all their cards with them."

"The partnership made perfect sense to both of us and we are working on a strong pipeline of new offerings to improve the lives of our customers. Users will get the best of both worlds – advanced personal security and real time optimized card selection."

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By GlobalData