Core Insights - Zentra, a brand of Allegion US, is the first to integrate resident key capabilities into Google Wallet, allowing residents to unlock their apartments using their Android devices or Wear OS smartwatches [1][2]. Group 1: Product Innovation - The introduction of the resident key in Google Wallet enhances the access experience for multifamily communities, providing a seamless and secure solution for residents [2][3]. - This innovation simplifies daily life for residents and aids property managers in creating a premium living experience, aligning with modern renter expectations [3]. Group 2: Benefits and Operational Efficiency - Residents can unlock community access points by simply tapping their Android devices, which streamlines movement throughout the multifamily property [4]. - The integration of resident key in Google Wallet contributes to a luxury experience for residents while reducing operational costs associated with physical keys or fobs, leading to increased net operating income (NOI) for properties [5]. Group 3: Future Developments - Allegion aims to redefine access control for multifamily properties with the resident key in Google Wallet, focusing on creating smarter and safer communities that meet modern living demands [6]. - The solution is compatible with various Schlage products, including the Schlage XE360 Series and Schlage Control Smart Lock, enhancing its applicability in the market [6].

Core Insights - Allegion US is showcasing the integration of Schlage XE360™ electronic locks with Zentra, enhancing access control for multifamily properties [1][2] - The partnership combines Zentra's cloud technology with Schlage XE360™ Series, providing a user-friendly experience for property managers [2][3] Product Features - Schlage XE360™ Series includes various configurations such as tubular, mortise, and exit trims, offering a cohesive look for properties [4] - The innovative FleX Module™ allows for easy upgrades from offline to real-time connected solutions, adapting to future security trends [4] Market Impact - The integration aims to simplify access management for multifamily properties, meeting evolving demands in security and connectivity [5] - Property managers will benefit from enhanced tools for managing high-traffic communities and improving reporting visibility [4][5] Company Background - Allegion designs and manufactures security and access solutions, with a strong portfolio of brands including Schlage® and CISA® [7] - The company focuses on innovative solutions that enhance safety in residential and commercial environments [7]