Archive for October 3rd, 2012

While AuthenTec's board of directors is expected to approve Apple’s acquisition of the fingerprint sensor company for $356 million, a new report claims that Apple also plans to draw on expertise of other company to assist with creating its mobile payment service. The Australian reports that Apple has reached a deal with Australian firm Microlatch to work together on integration of similar fingerprint recognition technology with mobile payments via NFC (near filed communications).

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