CORAL SPRINGS, Florida, - (http://www.financialnewsmedia.com News Alert) -
Experts foresee Americans warming up to smart pay technology in 2016 as technological advancements aim to make mobile pay methods more secure and convenient by adapting to smart-chip technology and implementing other security measures. Leaders in the smart payment industry with current developments of importance are: NXT-ID, Inc. (NASDAQ: NXTD), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Wal-Mart Stores Inc. (NYSE: WMT) and PayPal (NASDAQ: PYPL)
NXT-ID, Inc. (NASDAQ: NXTD) Developments: SoundView Technology Group (http://soundview.co) released a market and company update for NXT-ID, Inc. this week that included a new Intrinsic Valuation of $6.13 suggesting large reward versus the risk reflected in the current share price. In the course of selling Wockets directly to consumers via the their website (wocketwallet.com) and using specialized channels it\'s become clear that achieving large volumes and scale will come much faster using a B2B approach. SounView\'s first example is a new development and distribution agreement with a travel-focused company called WorldVentures. This has major advantages for NXTD investors. The company can focus on what they do best which is technology and product development and leverage large value-added industry channels like WorldVentures for customization and distribution. Read the full SoundView Technology Group report at http://s3.amazonaws.com/PUBLISHED/NXT-ID_NXTD_SV_NOTE_JAN_2016.pdf
Additional details from the WorldVentures - NXT-ID announcement: WorldVentures, a privately held leading direct seller of vacation and entertainment club memberships and Inc. 5000 fastest-growing company, announced that it has reached a definitive agreement with Connecticut-based Nxt-ID, Inc., a company focused on the growing m-commerce market. The agreement calls for WorldVentures to make a strategic investment of $2 million in Nxt-ID to develop a proprietary new wireless smart card for its members-numbering in the several hundreds of thousands worldwide-based on Nxt-ID\'s Wocket, a unique smart wallet that serves to securely store all credit cards. The smart card will be customized...
$NXTD News - Newest Secure Mobile Payment Platforms to Adapt to Smart Chip Technology & Product Development for Added Consumer Security Protection
January 06, 2016 at 09:23 AM EST