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Apple snaps up NFC and smart sensors maker AuthenTec for $356 million

Apple has made an interesting acquisition, snapping up smart sensors maker AuthenTec in a transaction valued at $356 million, Reuters reported Friday. AuthenTec makes fingerprint sensor chips used in personal computers.

What's more, its swipe sensors can read the live layer beneath the skin's surface and comply with strict government standards. They also produce chips that utilize near-field communication (NFC) technology which is said to be a part of this fall's iPhone hardware refresh...

BGR on iPhone 5: NFC, 4G LTE, 1GB RAM, fall release

Boy Genius Report is a hit and miss when it comes to Apple predictions and today the publication's editor Jonathan Geller posted a story which essentially recycles a bunch of separate rumors concerning the next iPhone. According to the author, final production of the iPhone 5 will start later this summer, which is what both the know-it-all Wall Street Journal and reliable Japanese blog Macotakara heard previously...

NFC seen coming to the next iPhone

When a high-ranked Apple executive says Apple won't do something, expect quite the opposite. So when Apple's worldwide marketing chief Phil Schiller told the Wall Street Journal that Passbook, a new app in iOS 6, won't be a direct payment product, there was more to his words than met the eye.

We've also heard countless rumors involving an Near Field Communication NFC chip coming to the next iPhone to provide a hardware basis for secure contactless payments on the go. Apparently, recent code dumps that broke the taller iPhone news also indicate that NFC controllers are directly connected to the power management unit of the next iPhone...

Rumor: Apple developing iPay as the next iPhone becomes your iWallet

Yeah, I know analysts promised us flying cars many times before, but bear with me for a second. In addition to opining that the time is not right for an Apple-branded television set until 2014 due to dire economic conditions, the same credible analyst also advised clients that a mobile payment platform from Apple is to be expected.

He calls it iPay and guesstimates it'll work with NFC technology believed to be in the cards for an upcoming iPad and iPhone hardware refresh…

Apple granted key patent for ‘iWallet’

Many Android device manufacturers have opted to include near field communication (NFC) technology inside of their devices. NFC allows customers to transmit data between two devices. The biggest use for NFC is for mobile payments – which Google has been actively pursuing with its Google Wallet technology.

Apple has been granted a new patent for the 'iWallet' from the United States Trademark & Patent Office, as outlined by Patently Apple. The new patent allows for Apple to include NFC technology into the iPhone for mobile payments...

Patent Reveals That Apple Does Have Interest in NFC

In the months leading up to Apple's Fall iPhone announcement, there were several rumors that claimed Apple's next smartphone would feature NFC technology. Competing devices have had the wireless payment tech for years, but it's only recently started to gain traction.

Obviously, the gossip didn't materialize, as there isn't any kind of NFC chipset in the iPhone 4S. But that doesn't mean that Apple is ignoring the technology. The company was recently awarded a patent regarding Near Field Communications in mobile devices...

Google Introduces Mobile Payments for Smartphones with Google Wallet

Google has finally unveiled its public service for mobile payments called Google Wallet. The NFC-based technology will initially work with select Android devices and participating merchants to give customers the ability to pay with their smartphones.

Short of a South Korean carrier offering an NFC-equipped iPhone case to customers, mobile payment technology has yet to make its name known on the iOS platform. Apple is expected to unveil an iPhone with an embedded NFC chip next year...

Did a Samsung Executive Just Confirm NFC for the iPhone 5?

In the interesting Korea Times article we mentioned earlier today, a Samsung executive was quoted in saying that the company was looking to ban all iPhone 5 sales in Korea once the new device launched.

He claimed that Samsung was going to take Apple to court over its violation of the company's patents related to wireless technology. But thankfully, the senior level executive didn't stop there with the information...

Certified iPhone NFC Case and Service Launched by South Korean Carrier

With circulating rumors that Apple will eventually introduce an iPhone with NFC technology, South Korean carrier KT Telecom is taking matters into its own hands. KT has launched the iCarte 420K NFC case for the iPhone 4.

Developed by Canadian company Wireless Dynamics, the $63 iCarte gives the iPhone Near Field Communications capabilities with the carrier's online payment service/digital wallet and South Korean credit card companies.

Study Shows Apple Users More Likely to Use Mobile Payments

A new study suggests that iPhone owners are the most likely to be open to the idea of mobile payment systems, according to GigaOM.

The study, conducted by UK firm YouGov, reported that 46% of UK iPhone owners would be willing to pay bills using their handsets, while 62% would happily transfer funds. 69% would check their balances, with 45% keen on using their iPhone to pay other people...