Colin Tedards
Long/short equity, nano-cap, small-cap, tech

NXT-ID's Mobile Bio Wallet Sales Will Disappoint

Recent credit card data breaches on large US retailers have raised awareness of how this is becoming a major issue. As a consumer, it really hasn't cost me more than the inconvenience of getting new cards issued to me out of the blue. Even when fraudulent charges materialized in the past, I was able to have them reversed with minimal effort. I may be the exception, and not the rule, but the data breaches have affected the retailers & credit card issuers more than it has the customer in most cases.

Either way, a more safe & secure method to pay at physical retail shops is needed. The retailers don't want the embarrassment it causes, and the credit card issuers...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details