Apple planning payments using fingerprint recognition?

Apple has reportedly signed a deal with Microlatch, an Australian biosecurity company, signaling that it is about to take a significant step towards mobile payments and virtual wallets.

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Apple has reportedly signed a deal with Microlatch, an Australian biosecurity company, signaling that it is about to take a significant step towards mobile payments and virtual wallets.

The story, which first appeared in The Australian on October 3, credits its source as David Murray, the company's lead investor. He claims that the firm has reached an agreement with Apple to develop fingerprint-based identification technology.