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Smart wallets puts a spin on mobile payments

03/24/201503/21/2015 Jennifer Goula

Smart wallets begin gaining momentum among mobile consumers With mobile payments becoming more popular, the need for smart wallets is increasing. These mobile applications are designed to function as digital counterparts to physical wallets or pocketbooks. They store personal information, such as the data associated with a debit or credit card. They can also store information provided by retailers, like loyalty cards that offer rewards. Smart wallets are, however, more compact and efficient at keeping track of important information. NXT-ID launches a new smart wallet that aims to change the…

Biometric technology may help improve the mobile payments space

09/30/201409/27/2014 Jennifer Goula

New technology could make mobile commerce safer and more attractive to consumers NXT-ID, a company specializing in biometric solutions, has released a report concerning new technology and how it may affect the future of mobile commerce. For years, security has been a major problem for the mobile space. According to the company, tech solutions for digital commerce are becoming more oriented on the consumer, focusing on the protection of valuable financial information. Biometric technology is beginning to play a larger role in the mobile space and could impact mobile commerce…