Apple patent outlines possible future for mobile payments participation

iphone mobile payments NFC technology

Patent could hint at mobile payments future for iPhone 5S There have been many speculations concerning the next iteration of Apple’s popular iPhone, the iPhone 5S. Much of this speculation has revolved around Apple’s recent acquisition of AuthenTec, a developer of security technology, and the use of fingerprint sensors in the new smartphone and what it could mean for Apple’s mobile payments plans. A new patent filing has been discovered in Europe through the World Intellectual Property Organization that has shed some light on what the future of the iPhone…

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Apple acquisition could make NFC technology more secure

Apple NFC Technology Trends mobile payments

Apple taking mobile security very seriously in light of Black Hat conference Apple may be taking its entry into the mobile commerce industry cautiously, but the company has been taking the issue of mobile security quite seriously. The famed technology company recently confirmed that NFC technology would be included in its highly anticipated iPhone 5. The technology has made headlines recently due to the focus it received at the annual Black Hat security conference in Las Vegas, Nevada. Security enthusiasts have been highlighting the potential security shortfalls and risks NFC…

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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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