The 3 Coolest Things That Could Change Your Wallet Forever

Motley Fool financial analyst Matt Koppenheffer got a chance to attend this year's Transact conference in Las Vegas, and get a first look at some of the biggest upcoming innovations in the rapidly growing payments business today. In this video, he gives investors not one, but three of the coolest things coming from the payments space at the moment. Matt looks at Loop, and why this little device could soon make carrying around credit cards a thing of the past. He also tells investors why giving a merchant the ability to process transactions are now table stakes for companies that offer swiping terminals, and the real game now is in offering merchants solutions above and beyond that, further convenience or further data to stand out from the crowd. Finally, Matt highlights a little company called Socure that caught his eye, and how they're trying to revolutionize identity security through data from social media.