Google Play Services update adds Trusted Places Smart Lock
For those that don't know, Smart Lock is essentially what Motorola used to call Trusted Bluetooth Devices on the Moto X. These devices are paired Bluetooth devices that when paired will disable your lock screen security so that you don't have to constantly enter your PIN, Password, or Pattern while a Bluetooth device you know and trust is connected. Smart Lock was just updated to add Trusted Places as well. This means, while at let's say work, home, or another GPS location, your lock screen security will be disabled too.