News
Report: Apple signs deal for Microlatch fingerprint tech
By Phil Dzikiy
News Editor, iLoungeGoogle+
Published: Wednesday, October 3, 2012
News Categories: Apple
Apple has reportedly struck a licensing deal with Microlatch for fingerprint recognition technology. The Australian (registration required) reported the agreement, concluding that it’s “another sign the company is readying its iPhone line for the mobile payment era.” Microlatch’s patented technology apparently can register a user’s fingerprint on a device to authenticate financial transactions, a feature that could add additional security for near-field communications applications such as a digital wallet. It’s worth noting that Apple recently acquired AuthenTec, a company that makes mobile security software and chips for fingerprint recognition and NFC. [via Apple Insider]
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