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NXT-ID banking on smart wallet to start making profit next year

Posted 29 September 2014 by coastvan
By Abhirup Roy (Reuters) - Biometric security company NXT-ID Inc expects to turn profitable next year, Chief Executive Gino Pereira said, as the company rolls out a $150 (92.3 pounds) digital wallet as an alternative to new payment services such as Apple Pay. With recent massive data breaches eroding trust in mobile and Web payments, Pereira said NXT-ID expected rapid adoption of its "Wocket ...

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  • Post Title: NXT-ID banking on smart wallet to start making profit next year
  • Date Posted: 29 September 2014
  • Author: coastvan
  • Filed As: Uncategorized
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