Even as AuthenTec’s board of directors seems to be moving toward the approval of Apple’s $356 million acquisition of the fingerprint sensor chip company, a new report suggests that Apple seems to be continuing its search with talent and technology required to assist its mobile payments effort. According to The Australian, Apple recently signed a deal to work with the Australian firm, Microlatch, on similar fingerprint recognition technology for integration with mobile payments via near field communications (NFC). News of the deal comes from former heard of the Commonwealth Bank and a lead investor in Microlatch, David Murray:
Mr Murray said the company had an agreement with the notoriously secretive Apple to develop fingerprint technology for use in near-field communications applications.
Microlatch has patented fingerprint identification technology that meets banking security standards without the need for central processing or storage; a process Mr Murray described as "self-registering".
Microlatch has patented fingerprint identification technology that meets banking security standards without the need for central processing or storage; a process Mr Murray described as "self-registering".
If you’re a fan of reading Apple news, than you surely know that NFC has been a rather frequent topic among rumors in relation to the iPhone. Some even speculated it to be released last year and then again this year in the update to the iPhone but Apple seems to have elected to not include it in the iPhone 4S and even decided against it in the redesigned iPhone 5 this year as well. We’ll have to continue to be patient to see what Apple does with all these acquisitions and what’s in store for future iOS products.
Source: The Australian
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