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FitPay and Mastercard take prepaid to wearables and IoT

FitPay Inc, a US-based provider of payment, credential management and authentication platform services, is planning to offer prepaid capabilities on wearable and other devices connected to its FitPay Payment Platform. Banking Technology‘s sister publication Paybefore reports. The FitPay Prepaid Mastercard will give consumers with Fit Pay’s contactless payment-enabled devices the convenience of storing funds directly […]

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​NXT-ID’s Fit Pay Adding Secure Shine to New Token Smart Rings

Smart technologies are getting smaller and more powerful as they move from the wrist to the finger while the smart jewelry business continues to build a market presence. An area of the personal tech space that has been slow to develop due to the difficulty in perfecting the underlying technology, smart rings are becoming more […]

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​Why Smaller and Safer Is the Key to NXT-ID Winning Big with the Internet of Things

There’s no denying the potential for the Internet of Things (IoT), the technology that connects mobile devices, wearables, homes, cars and, realistically, any object anywhere via the Internet. The growth projections are mind-boggling, including tech giants Cisco (CSCO) and Intel (INTC) estimating, respectively, that the number of connected devices will climb from 15 billion in […]

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NXT-ID (NXTD) Announces Prelim. Q1 Revenue of $6.6M

NXT-ID, Inc. (NASDAQ: NXTD), a security technology company, announces selected preliminary results for quarter ended March 31, 2017. First Quarter Highlights: Revenue for Q1 2017 was approximately $6.6 million compared to $42,302 for the same period in previous year and $4.5 million for Q4 2016. Quarter on quarter revenue growth was approximately 46%. Gross profit […]

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NXTD Update Note APRIL 2017

Despite a positive update, a strategic merger agreement and major sequential quarterly growth shares of Nxt-ID have declined 25% over the past week. After years of being in the development stage the company is reporting very large YoY and sequential increases in revenue. The consensus view is that investors fear additional shares coming to market […]

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