NFC and fingerprints may be central to mobile payments from Apple

Apple virtual reality

The iPhone manufacturer is looking at the Australian company, causing many brows to raise. Rumors about NFC technology and mobile payments options with the added security of fingerprint scanning have been flying as Apple has shown an interest in an Australian company that is working on this form of “biosecurity”. This has been especially interesting following the release of the iPhone 5, which omitted NFC entirely. Many have wondered about Apple’s decision not to include NFC technology in its latest device, and there has been no shortage of expressions of disappointment…

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Google unveils safety measure for their upcoming mobile wallet

Google

As mobile commerce continues to generate hype, concerns regarding security abound. Electronic payments have always carried an inherent threat, most often exemplified in identity theft, but NFC-power mobile payments present new risks. While the companies developing NFC-enabled payment platforms insist that such systems are secure, there has yet to be any evidence backing these claims. Google is the first company to show just how serious they are when it comes to security by announcing that their Google Wallet product will be equipped with a fingerprint sensor. After unveiling the plans…

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