CORAL SPRINGS, Florida, September 29, 2014 /PRNewswire/ --

Smart technology sector boosted by rising consumer interest in digital payments as unique platforms are unveiled by big players in the industry. Announcements regarding new research coverage and success of recently released device, Companies in focus today are: NXT-ID, Inc. (NASDAQ: NXTD), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Mastercard Inc. (NYSE: MA), Visa Inc. (NYSE: V)

NXT-ID (NASDAQ: NXTD) recently completed financing which has enabled them to begin trading on the NASDAQ and provides funding for the upcoming launch of their smart wallet solution called the Wocket(TM). SoundView Technology Group issued a new research note following recent industry developments, recent uplisting to NASDAQ and funding for NXT-ID Wocket(TM) smart wallet. NXT-ID, Inc. is a biometric authentication company focused on the growing mobile commerce market. SoundView Technology Group covering NXT-ID and the developing Wocket(TM) franchise for a while now and the commercial launch of the Wocket(TM) is coming at a time when consumer interest in secure smart wallets is reaching a fevered pitch. The biggest recent catalyst in the space is the Apple announcement of Apple Pay. Apple Pay will usher in real adoption of digital payments by consumers just as the iPod did for digital music. But Apple Pay is only for digital payments and doesn't cover other aspects of wallets (prepaid cards, loyalty cards, etc.) plus it's limited to iPhone and Apple iTunes users. A large part of the market, perhaps the largest, will be found among consumers who either can't or won't soon use their smart phone as their hub for payments and finance. Simple factors like limited acceptance, privacy, security, and battery life are the most obvious reasons not to rely on a phone-based solution.

Read the FULL NXTD press release at http://www.financialnewsmedia.com/profiles/nxtd.html

SoundView has adjusted its IV 2015 IV to $8.18. If NXT-ID can meet or exceed our 40K unit/$6.9M revenue projection for 2015 then the stock will converge on our 2016 IV estimate of $17.42. SoundView states, "We know that the NXT-ID Wocket(TM) is the best smart wallet we have seen so far and they are now on course to penetrate this market and grow volumes in 2015. Read the full update from SoundView Technology Group at: http://s3.amazonaws.com/PUBLISHED/NXT-ID_NXTD_SV_Update_Report_Sept_2014_PUB.pdf

Apple, Inc. (NASDAQ: AAPL) says it sold over 10 million units of its latest iPhone last weekend. That means over 10 million devices will be compatible with the company's Apple Pay, a service launching in October that will let users forgo cash or plastic and pay merchants with the tap of a phone. The service is linked to a credit or debit card. Apple's entry is just the latest in an expanding galaxy of mobile-payment systems with tap-to-pay capabilities.

Over the past decade, companies such as Samsung Electronics, Google (NASDAQ: GOOG) and HTC, along with credit-card networks MasterCard (NYSE: MA) and Visa, (NYSE: V) have dabbled in such systems using near-field communication, or NFC, which allows devices like phones and receivers at the cash register to transmit information through a narrow radio frequency.

This year, payments using NFC will double to $8.2 billion, according to market researcher Gartner. Still, that is just 2.5% of total mobile payments, a broader term that refers to the many different types of financial transactions that can be made using mobile devices.

Coffee retailer Starbucks (NASDAQ: SBUX) started letting customers pay with their phones in 2011, and now processes an average of six million U.S. mobile transactions a week, with 15% of all U.S. transactions at Starbucks made with a mobile device-up from 10% last year-according to a spokeswoman. Read the full report at http://online.wsj.com/articles/apple-pay-or-other-tap-to-pay-services-read-this-first-1411657243

FinancialNewsMedia.com [http://www.financialnewsmedia.com ] is leading provider of third party publishing & news dissemination services [http://financialnewsmedia.com/products-services.php ]. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details.Get an edge on the market with our Premium News Alerts [http://www.financialnewsmedia.com/emailsubmit.php ] that are FREE for a limited time at http://www.financialnewsmedia.com/ [http://www.financialnewsmedia.com/emailsubmit.php ].Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup.

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated one thousand four hundred dollars for news coverage of the current press release issued by NXT-Id, Inc. by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.


        
        Contact Information:
        Company: FN Media Group, LLC [http://www.financialnewsmedia.com ]
        Contact email: editor@financialnewsmedia.com
        U.S. Phone: +1(954)345-0611
        URL: http://www.financialnewsmedia.com

SOURCE FN Media Group, LLC